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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Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard
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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
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?
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
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
Wave Reviews
Paul L.
- Role: C-Level
- Industry: Consulting
- Involvement: Business Leader or Manager
Submitted Nov 2022
Great product to use for remote operations
Likeliness to Recommend
What differentiates Wave from other similar products?
Easier to implement
What is your favorite aspect of this product?
Simplicity to enable required features
What do you dislike most about this product?
Credit card approval process for invoicing clients
What recommendations would you give to someone considering this product?
Complete business accounting solution for growing companies
Pros
- Helps Innovate
- Continually Improving Product
- Performance Enhancing
- Unique Features
Timothy W.
- Role: Information Technology
- Industry: Technology
- Involvement: IT Leader or Manager
Submitted Jun 2022
To track earnings and expenses, I use Wave!
Likeliness to Recommend
What differentiates Wave from other similar products?
I like how simple it was to get started, both in terms of the set-up procedure and the user interface. Unfortunately, when our workload increased as a result of hiring a full-time employee, we were unable to use it.
What is your favorite aspect of this product?
I love this program since it's perfect for startups like mine! It makes accounting responsibilities much easier, especially when you're running a business and need to keep track of everything in one location.
What do you dislike most about this product?
For payroll, there are no choices, and even if they realize this, there is no remedy. As an illustration, we let one of our employees who had used up all of her paid vacation time to take a few unpaid days off.
What recommendations would you give to someone considering this product?
When we only had one part-time employee, everything was OK. While it may be useful in theory, it's worthless when you have full-time personnel. Also, the company's customer support is a huge letdown. For accounting, I'd need a lot more software than what we use it for now.
Pros
- Helps Innovate
- Enables Productivity
- Trustworthy
- Effective Service
Rusty P.
- Role: C-Level
- Industry: Healthcare
- Involvement: Business Leader or Manager
Submitted May 2022
Great Product for Small Business/Consultants
Likeliness to Recommend
What differentiates Wave from other similar products?
Wave is very easy to use and has a lot of functionality that others done have--Recurring invoices. Ability to accept payments online via CC/ACH for a very reasonable price. Great out of box templates for invoicing. Incredible revenue reports and dashboards that I would expect would only be in a higher-end system.
What is your favorite aspect of this product?
The ability to do scheduled invoices against my retainers.
What do you dislike most about this product?
The lack of functionality for doing variable text in forms.
What recommendations would you give to someone considering this product?
If you are a small business or startup that needs to be able to invoice customers and track expenses--then I highly recommend this product. I cannot speak to the ability for it to scale for growing companies.
Pros
- Helps Innovate
- Reliable
- Performance Enhancing
- Enables Productivity
