In Partnership With SelectHub
What is Wave?
Wave makes it easy to be your own boss. Focus on what you love, and lean on Wave's intuitive online software to manage your financial and organizational needs. Wave Apps makes your money-related tasks easy with: • Unlimited invoicing, 100% free! • Unlimited accounting, 100% free!
Company Details
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In Partnership With SelectHub
Wave Ratings
Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard
to access more information on Wave.
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
89 Likeliness to Recommend
1
Since last award
95 Plan to Renew
1
Since last award
90 Satisfaction of Cost Relative to Value
2
Since last award
Emotional Footprint Overview
- Product Experience:
- 98%
- Negotiation and Contract:
- 99%
- Conflict Resolution:
- 97%
- Strategy & Innovation:
- 98%
- Service Experience:
- 97%
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+98 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Wave?
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Cost Revenue Tracking
Expense Management
Accounts Payable Purchase Orders
Accounts Receivable Invoicing
General Ledger Chart of Accounts
Integration APIs
Reconciliation
Budgeting Forecasting
Project Accounting
Cash Flow Management
Dashboards, Analytics and Reporting
Vendor Capability Ratings
Ease of Customization
Ease of Implementation
Ease of IT Administration
Usability and Intuitiveness
Business Value Created
Ease of Data Integration
Availability and Quality of Training
Vendor Support
Breadth of Features
Product Strategy and Rate of Improvement
Quality of Features
Wave Reviews
Mark W.
- Role: Finance
- Industry: Other
- Involvement: End User of Application
Submitted Feb 2022
Business Accounting Made Easy With Wave Accounting
Likeliness to Recommend
What differentiates Wave from other similar products?
With Wave Accounting, it becomes easy to manage business finances. It offers great features and let's you worry about other things as the software streamlines your financials
What is your favorite aspect of this product?
I like that Wave Accounting offers many accounting features. Learn how to use Wave Accounting is easy The software is affordable The software streamlines business accounting
What do you dislike most about this product?
Wave Accounting never disappoints
What recommendations would you give to someone considering this product?
For businesses accounting, there is only one software I can recommend Wave Accounting. I have used it for quite sometime and it has proved to be the best
Pros
- Helps Innovate
- Reliable
- Unique Features
- Inspires Innovation
Please tell us why you think this review should be flagged.
Karrie B.
- Role: C-Level
- Industry: Other
- Involvement: End User of Application
Submitted Jan 2022
So easy to use and keep your books accurate
Likeliness to Recommend
What differentiates Wave from other similar products?
I have used Wave Accounting for over 6 years for myself and 3 other businesses. It is so easy to implement. I'm not an accounting person yet this is easy to understand and work within.
What is your favorite aspect of this product?
I love that I can create my invoices and send via email and my clients can pay online without interaction with me or I can create a payment link that is housed on my website. I love the new Wave Money that makes banking without fees seamless. Fabulous addition!
What do you dislike most about this product?
A recent update changed the way that expenses purchased are processed. It use to be very easy to upload and AI pulled some of the data and you reviewed and updated it. Now, it is a 2 step process and you have to enter all of the data manually unless it is coming from bank info.
What recommendations would you give to someone considering this product?
Wave Accounting is a fabulously easy accounting system that helps you keep your business organized. Reports are easy to run and all of your data is housed within the platform. The system is free until you need to process payroll or you use Wave as your payment gateway. Even then the rates are reasonable and in cases lower than many other products.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Trustworthy
Please tell us why you think this review should be flagged.
Carl G.
- Role: Consultant
- Industry: Education
- Involvement: Business Leader or Manager
Submitted Jan 2022
Easily integrated AP with great features for SmBz
Likeliness to Recommend
What differentiates Wave from other similar products?
Wave is a company that has been around for quite some time, they mimic Quickbooks in many ways but is owned by HR Block. I find the process of tracking invoices easy, and being a service based business, I don't have to worry about taxes and such, but they do have the ability to integrate that into your accounting. I like the features they've aded including managing payroll, banking and payment processing. I miss some features that were taken away this year such as the receipt processing app...made it super easy, hoping to see that return to the main app eventually.
What is your favorite aspect of this product?
The book keeping service! I work monthly with one of the Wave app team members reconciling my books and running reports. I pay monthly so I don't have to deal with a crunch at the end of the year. I find my reps to be personable, and available. In the three years they've done this for me, I've only had it swap out once, so the people working on your books are pretty consistent. I recommend this service for any business of one. I also like the payment processing.
What do you dislike most about this product?
Some of the book keeping aspects are a little confusing for me, but my background is in graphic design, not accounting or book keeping, hence why I get the help.
What recommendations would you give to someone considering this product?
Shop the market a bit, integrate this at the start of your fiscal year, don't leap into any new book keeping service in the middle of the year.
Pros
- Respectful
- Helps Innovate
- Continually Improving Product
- Reliable
Please tell us why you think this review should be flagged.
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