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In Partnership With SelectHub
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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!
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.
90 Likeliness to Recommend
95 Plan to Renew
1
Since last award
90 Satisfaction of Cost Relative to Value
2
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
Expense Management
Accounts Receivable Invoicing
Accounts Payable Purchase Orders
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
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Florence N.
- Role: Operations
- Industry: Food and Beverage
- Involvement: End User of Application
Submitted Dec 2024
Fantastic Product and Easy to use.
Likeliness to Recommend
What differentiates Wave from other similar products?
Wave is known for its intuitive and easy-to-use interface, making it accessible even for those who are not tech-savvy
What is your favorite aspect of this product?
This ease of use can be a game-changer for small business owners and freelancers who need to focus on their core activities rather than getting bogged down by complex financial software.
What do you dislike most about this product?
The mobile app lacks certain features available on the desktop version,which can be inconvenient for those who prefer managing their finances on the go.
What recommendations would you give to someone considering this product?
Consider Paid Features if Needed, While the free features are robust, Wave also offers paid features like payroll and premium support. If your business grows or you need additional support, these paid features might be worth considering.
Pros
- Helps Innovate
- Reliable
- Performance Enhancing
- Efficient Service
Please tell us why you think this review should be flagged.
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Thomas B S.
- Role: Information Technology
- Industry: Retail
- Involvement: Business Leader or Manager
Submitted Sep 2024
Great accounting platform to get started on!
Likeliness to Recommend
What differentiates Wave from other similar products?
Free starter program to get you hooked!
What is your favorite aspect of this product?
I love the expense tracking and reporting features
What do you dislike most about this product?
It takes a little getting used to when coming from another platform, but we've found everything we need so far. Integrations with 3rd party software solutions may be a little limited compared to some of the "big dogs" in the market.
What recommendations would you give to someone considering this product?
It's definitely worth adding to your short list of accounting platforms to check out!
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
Please tell us why you think this review should be flagged.
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Robert P.
- Role: Information Technology
- Industry: Technology
- Involvement: End User of Application
Submitted Jan 2024
Makes my life easier for create and send invoices
Likeliness to Recommend
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
Please tell us why you think this review should be flagged.
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