Wave Customer Reviews 2024 | SoftwareReviews

Wave

Composite Score

8.3 /10

CX Score

8.6 /10

51 Reviews Write a Review

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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!

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Awards & Recognition

Wave won the following awards in the Accounting - Small Business category

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2024 Emotional Footprint Champion

Latest Award, 2024

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

Latest Award, 2024

2023 Data Quadrant Gold Medalist

2023

11 Top Rated Capabilities

11 Top Rated Features

2023

2023 Emotional Footprint Champion

2023

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2023

2022 Data Quadrant Gold Medalist

2022

11 Top Rated Capabilities

11 Top Rated Features

2022

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.

90 Likeliness to Recommend

2
Since last award

94 Plan to Renew

1
Since last award

92 Satisfaction of Cost Relative to Value

1
Since last award

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Emotional Footprint Overview

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?

0% Negative

0% Neutral

100% Positive

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Feature Ratings

Average 89

Cost Revenue Tracking

Accounts Receivable Invoicing

Expense Management

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Reconciliation

Budgeting Forecasting

Integration APIs

Project Accounting

Cash Flow Management

Dashboards, Analytics and Reporting

Vendor Capability Ratings

Average 87

Ease of Customization

Ease of Implementation

Ease of IT Administration

Business Value Created

Usability and Intuitiveness

Availability and Quality of Training

Vendor Support

Ease of Data Integration

Breadth of Features

Product Strategy and Rate of Improvement

Quality of Features

Wave Reviews

Robert P.

Role: Information Technology
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2024

Makes my life easier for create and send invoices

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

Other similar programs lacked some of the capabilities that Wave offers. Since I charge clients by the hour, I make heavy use of the billing tool. Provides easy-to-use setup to accept payments via bank transfer or credit card, automatically assigns sequential numbers to invoices, and keeps track of which have been paid and which have not. This feature is absent in many other simple business programs.

What is your favorite aspect of this product?

I use it sparingly due to my lack of extensive accounting needs, but it tracks income and expenses and integrates with its function. The feature that generates receipts to send upon receipt of payment is really attractive to me. The appearance of the invoices and receipts is very polished and expert.

What do you dislike most about this product?

My only recommendation for Wave would be to remember customer emails across all functions, so you don't have to type them every time you send a receipt. When it comes to collecting money, the fees are a bit high.

What recommendations would you give to someone considering this product?

Wave Instead of having to create invoices monthly and wait for checks to arrive in the mail, it streamlines my process. It's fantastic how easy it is to deliver invoices to clients. Not to mention how great it is for sending regular payments.

Pros

Enables Productivity
Efficient Service
Friendly Negotiation
Security Protects

Daniel H.

Role: C-Level
Industry: Technology
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2023

Great accounting and/or invoicing tool

Likeliness to Recommend

10 /10

What differentiates Wave from other similar products?

Great pricing options, free invoicing.

What is your favorite aspect of this product?

Integration with bank

What do you dislike most about this product?

I think the credit card fee is a tad higher than industry average. No sales reports with a breakdown per product.

What recommendations would you give to someone considering this product?

It is free to sign up!

Pros

Reliable
Performance Enhancing
Enables Productivity
Trustworthy

Michael H.

Role: Finance
Industry: Technology
Involvement: Vendor Management and Renewal

Validated Review

Verified Reviewer

Submitted Nov 2022

Excellent tax program.

Likeliness to Recommend

9 /10

What differentiates Wave from other similar products?

I think it is very fast internally to calculate tax bases and it is a great relief to know that it is easy to export the documents, print them, upload them to the cloud, it has many properties compatible with other software with a phenomenal UI experience. it's just great.

What is your favorite aspect of this product?

Taking into consideration that taxes are necessary for society and the tax base is essential in a business, the software helps us keep everything under control, we generate balance sheets easily and adequately to be sure of what we must pay, avoiding tedious administrative fines. The design of the program is very functional with us in mind. on the other hand, the assets can be given a clear order and can be found in a clear and orderly manner.

What do you dislike most about this product?

Surely the customer service is a bit outdated, sometimes it is very difficult to find human advice and most of them reflect bots that give the same information.

What recommendations would you give to someone considering this product?

I recommend that you try the new accounting administration of the future if you are interested in your business success.

Pros

Continually Improving Product
Reliable
Enables Productivity
Efficient Service

Wave

What is Wave?

Company Details

Book a Free Demo Today!

Awards & Recognition

2024 Emotional Footprint Champion

2023 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2022 Data Quadrant Gold Medalist

Wave Ratings

90 Likeliness to Recommend

2 Since last award

94 Plan to Renew

1 Since last award

92 Satisfaction of Cost Relative to Value

1 Since last award

Emotional Footprint Overview

+98 Net Emotional Footprint

How much do users love Wave?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Integration APIs Ability of the software to interface with legacy and other third party applications.

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Wave Reviews

Robert P.

Makes my life easier for create and send invoices

Likeliness to Recommend

Pros

Daniel H.

Great accounting and/or invoicing tool

Likeliness to Recommend

Pros

Michael H.

Excellent tax program.

Likeliness to Recommend

Pros

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Feature Ratings

Cost Revenue Tracking

Accounts Receivable Invoicing

Expense Management

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Reconciliation

Budgeting Forecasting

Integration APIs

Project Accounting

Cash Flow Management

Dashboards, Analytics and Reporting

Vendor Capability Ratings

Ease of Customization

Ease of Implementation

Ease of IT Administration

Business Value Created

Usability and Intuitiveness

Availability and Quality of Training

Vendor Support

Ease of Data Integration

Breadth of Features

Product Strategy and Rate of Improvement

Quality of Features