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Wave REVIEW

Accounting Software

7 user reviews
USER SATISFACTION 99%
OUR SCORE 9.1

What is Wave?

Wave Apps is a free and well-integrated business platform that combines accounting, invoicing, and receipt scanning into one compact and straightforward package. Wave Apps is an excellent option for small businesses (less than 10 employees) that are still starting as well as self-employed professionals including entrepreneurs, freelancers, and consultants.

The system is easy to set up and use. It comes with a simple and very navigable dashboard with everything you need is in view and easy to access.

With Wave, accounting and invoicing processes are simplifies, enabling users to get rid of distractions that comes with monitoring expenses, chasing payments, and managing employees and taxes. The system helps users create and send out professional looking invoicing, estimates, and receipts in a matter of moments. Tracking capabilities ensures that you are on top of your processes.

Overview of Wave Benefits

The best thing about Wave is that the software is free. There are no hidden charges and undeclared fees. This makes Wave an ideal accounting and invoicing tool for small startups, freelancing professionals, and consultants. The software comes with a very clean and friendly dashboard, where everything you need is within a click of a mouse.

With Wave, creating professional looking invoices, estimates, and receipts is a smooth process. From this software, you can monitor the status of all your invoices and payments. The system also enables users to accept payments via credit cards, giving you and your customers unparalleled convenience.

Wave comes with capabilities that simplifies incoming and expense tracking. It also have receipt scanning tools and bank connections. The software takes out manual data entry from the equation, significantly streamlining the process without compromising accuracy. The system also prepares your business for tax season without the hassle.

With Wave’s automatic billing and invoicing, users will definitely save a lot of time. Other time-saving features include recurring bills and invoices. Users can configure reminders to remind you of paid and unpaid items.

Wave also allows you to pay your team from anywhere with the right amount. You can conveniently use online pay stubs or choose direct deposits to deliver your team their payment.

Overview of Wave Features

Wave Position In Our Categories

Position of Wave in our main categories:

20

Wave is one of the top 20 Accounting Softwareproducts

Top
50

Wave is one of the 50 Mobile Payment Systemsproducts

20

Wave is one of the top 20 Online Accounting Softwareproducts

Top
3

Wave is one of the 3 Tax Softwareproducts

20

Wave is one of the 20
Accounting Software products

50

Wave is one of the 50
Mobile Payment Systems products

20

Wave is one of the 20
Online Accounting Software products

3

Wave is one of the 3
Tax Software products


Wave is also listed in the following subcategories:

Category:Position:Category:Position:
Accounting Software#10 Accounts Payable Software#11
Accounts Receivable Software#10 Billing and Invoicing Software#13
Expenses Management Software#11 Payroll Software#8
Category:Position:
Accounting Software#10
Accounts Payable Software#11
Accounts Receivable Software#10
Billing and Invoicing Software#13
Expenses Management Software#11
Payroll Software#8

It's essential to keep in mind that almost no app in the Accounting Software category is going to be a perfect solution able to meet all the goals of all company types, sizes and industries. It may be a good idea to read a few Wave reviews first as certain solutions may perform well just in a really narrow set of applications or be designed with a very specific type of industry in mind. Others may operate with an intention of being easy and intuitive and consequently lack complicated functionalities welcomed by more experienced users. You can also come across services that support a large group of customers and give you a powerful feature toolbox, however that frequently comes at a higher cost of such a solution. Be certain that you're aware of your requirements so that you select a solution that offers exactly the functionalities you look for.

How Much Does Wave Cost?

Wave Pricing Plans:
Free trial
Accounting
Free
Invoicing
Free
Receipt Scanning
Free
Payroll
$20/month
Payments
minimum $1

Wave is the fastest-growing software for small business accounting, invoicing, payments, and more. More than 4 million businesses already manage their finances with Wave.

 

FeaturePricing
AccountingFree
InvoicingFree
Receipt ScanningFree
Payroll$20/month

+$4 per each additional employee

+$4 per each additional independent contractor

PaymentsCredit Card: 2.9% + 30c

Bank Payments: 1% (minimum $1 fee)

 

User Satisfaction

We realize that when you make a decision to buy Accounting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Wave reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Wave. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

133

NEGATIVE SOCIAL MENTIONS

1

Screenshots

Wave dashboard 1
Wave dashboard 2
Wave dashboard 3
Wave dashboard 1
Wave dashboard 2
Wave dashboard 3

Technical details

Devices Supported
  • Windows
  • iPhone/iPad
  • Mac
  • Web-based
Language Support
  • English
Pricing Model
  • Free
Customer Types
  • Small Business
  • Freelancers
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • TICKETS

Wave User Reviews

What are Wave pricing details?

Wave Pricing Plans:
Free trial
Accounting
Free
Invoicing
Free
Receipt Scanning
Free
Payroll
$20/month
Payments
minimum $1

Wave is the fastest-growing software for small business accounting, invoicing, payments, and more. More than 4 million businesses already manage their finances with Wave.

 

FeaturePricing
AccountingFree
InvoicingFree
Receipt ScanningFree
Payroll$20/month

+$4 per each additional employee

+$4 per each additional independent contractor

PaymentsCredit Card: 2.9% + 30c

Bank Payments: 1% (minimum $1 fee)

 

What integrations are available for Wave?

Wave offers integration with:

  • PayPal
  • Etsy
  • Shoeboxed
  • Zapier
  • Google Sheets
  • HubSpot
  • MailChimp
  • and More!

User reviews


User reviews in total: 7

3
3
0
0
1

Average Rating:

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The most favorable review

Kristine

11 months ago


Pros: Wave is a simple and intuitive software, great for small businesses with 1-9 employees. It provides great tools so we can effectively account our business transactions. I am able to access multiple companies by using one login, which is great option for multi-preneurs. It offers set of books so you can account all your personal transactions as well. It has double-enter general ledger that is important for accurate accounting. It is free to use only if you choose to use the payroll or payment services from them.

Cons: Wave doesn’t provide GAAp financials without adjusting some entries. Also, the reporting feature is limited you have the basic reports only. You cannot find lot of apps or services that work together with Wave. There are ads for free solution as a tradeoff.

The least favorable review

Joshua Frankel

1 month ago


Pros: None. Anything decent is offset by horrible customer service and fraudulent activity

Cons: Customer service is terrible. No support number. Live chat or email is the only way to correspond. They take forever to respond to emails. They also asked for a myriad of personal information including bank statements in order to "review my business" and ensure I had enough money in my bank account to cover customer refunds. Even though I sent all required information and had more than enough funds to cover any chargebacks or disputes, Wave refused to pay me the money I invoiced. My choices were to wait 120 days or refund all of my customers. A sham company.

Joshua Frankel
Report a concern

Published 1 month ago
Verified
user
None. Anything decent is offset by horrible customer service and fraudulent activity



What do you think about this review? Great Poor
Published 11 months ago
Verified
user
With Wave I can easily create invoices, send them by email and PDF, save copies for myself. Also, allows me to see whether the invoices are received or reviewed, to know...



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Published 11 months ago
Verified
user
Wave is a simple and intuitive software, great for small businesses with 1-9 employees. It...



What do you think about this review? Great Poor
Published 1 year ago
Verified
user
Wave’s apps are available for mobile devices and they are extremely helpful in sending invoices on the go to clients. I love the invoicing feature in Wave. I love the...



What do you think about this review? Great Poor
Published 1 year ago
Verified
user
Wave is free and cloud-based software and great for small businesses. You are even able to add new entities into the same account. You are able to choose the accounts...



What do you think about this review? Great Poor
Published 2 years ago
Verified
user
Best accounting tool for small companies. There are lot of features that are free, and I love the invoicing feature and the new payment section as well. It has great way...



What do you think about this review? Great Poor
Published 2 years ago
Verified
user
Wave is easy to navigate, great for small businesses and solopreneurs, dashboard is clear and has basic metrics. It offers cloud-based app so I can update my accounting...



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