Dylan Bridger, President, COO at ZenRevenueVerified Review
Posted on Dec 27, 2018
“Good value”
Pros: Free
Cons: Forex conversions
Wave
Canada HQFounded 2009
Deployment
Web-basediPhone/iPadWindowsMac
Best for
Small
Overview
About Wave
Wave is a free software that helps startups and SMEs manage their accounting process, including billing and invoicing, payments, accounting, banking, payroll, and much more. The software enables users to add unlimited partners, collaborators, and accountants with no additional charges. Wave accounting tool also caters to the accounting functions of the Church, thus acting as the best church accounting software. The software is entirely web-based and protected by 256-bit SSL encryption and PCI-DSS level 1 service provider.
The software also enables in-house accounting, with an exceptional service of payroll coaches and bookkeepers.
At a glance
Software information
Industries served, licensing and the support Wave provides.
Industries
- Accounting
- Banking
- Financial-services
Licensing
- Proprietary
Support
- 24x7 Support
Training
- Help Guides
- Video Guides
- Blogs
- Case Studies
Knowledge Base
- Help Guides
- Video
- Blog
- Case Studies
Languages (1)
English
Review analytics
What customers report
4.3
Based on 16 verified reviews
What users like the most
- Wave offers free accounting, receipt scanning, and invoicing, and it has no transaction or billing limits
- It integrates easily with different apps and can be accessed through the mobile app.
- We can run multiple businesses in one account.
What users like the least
- Wave has a higher fee for credit cards and ACH payments.
- The recurring invoice numbers are not consecutive, and sometimes it changes or cancels payment services without warning.
- No phone support
What users say
Review Analytics of Wave
Every review is verified through Goodfirms before it's published.
Review Summary
Wave is a free accounting and invoicing platform praised for its user-friendly interface and integrated features including payroll, invoicing, and expense tracking. Users consistently highlight its affordability and suitability for freelancers and small businesses, along with bank integration capabilities. Common limitations include limited third-party integrations, inconsistent real-time financial accuracy, and gaps in mobile platform support (iOS and Android only). Some users report it lacks advanced features found in more robust accounting software, though most find the free tier sufficient for basic accounting needs.
✦ AI-generated summary. May not reflect every review.
What reviewers mention most
Sachin Jacob , Project Manager at E-bility GmbHVerified Review
Posted on Dec 27, 2018
“Exceptional!”
Pros: Good to work on.
Cons: Profile needs to be more attractive.
Аntоn S., Product Owner at ICOadmin.inVerified Review
Posted on Dec 26, 2018
“Great experience so far”
Pros: User-friendly
Cons: Nothing as of yet
Salman Aslam, Founder & CEO at ClustoxVerified Review
Posted on Dec 26, 2018
“Affordable and Capable platform”
We don’t need other programs to generate estimates or contact lists. Wave is so much more than just an accounting application. It packs a mean punch and definitely delivers. I don’t anticipate us switching to another program any time soon.
Stanislav Verstiuk, CEO at Verstiuk ProductionVerified Review
Posted on Dec 24, 2018
“Average Review from our side”
Pros: It provides good functionality.
Cons: Not so many integrations possible.
Overall Experience: We can give an Okay response for the software and the platform.
Leticia Mendonça, Founder & UI designer at Pengreen DesignVerified Review
Posted on Dec 19, 2018
“Best as Accounting and Payroll Solution Tool”
Pros: It is a complete accounting, invoicing and payrolls which facilitate the job it's all integrated. Excellent user experience, it's free.
Cons: It doesn't allow my lead to accept an estimate.
Overall Experience: I'm very happy with them. Excellent
Capabilities
Wave features
The full feature set, grouped by module.
Accounting Software
- Accounts Payable
- Bank Reconciliation
- Billing & Invoicing
- Budgeting and Forecasting
- Expense Tracking
- Financial Reporting
- Fixed Asset Management
- Fund Accounting
- Payroll Management
- Project Accounting
- Purchase Orders
- Tax Management
Payroll Software
- Direct Deposit
- Employee Database
- Pay Slip Generation
- Tax Management
- Time Tracking
- Wage Garnishment
Billing and Invoicing Software
- Contingency Billing
- Customer Database
- Customizable Invoices
- Hourly Billing
- Mobile Payments
- Online Invoicing
- Online Payments
- Payment Processing
- Project Billing
- Tax Calculator
- Templates
Church Accounting Software
- Accounts Payable
- Accounts Receivable
- Asset Tracking
- Donation Management
- Fund Accounting
- General Ledger
- Payroll Management
Recurring Billing Software
- Alerts/Notification
- Billing & Invoicing
- Budget Management
- Payment Processing
- Reports
- Self Service Portal
- Transaction Management
Plans
Wave pricing
Price Type
Year
Free Version
No
Media
Screenshots & video
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