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Wave Guide – Read our In-Depth Wave Review

Wave Rating: 8.8 / 10

This page contains an independent review of Wave. It is intended for educational purposes only and you are advised to fully investigate Wave beyond the contents of this review to ensure it fits your needs before parting with any money.

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This Wave review has been updated for 2022 by industry experts with years of business experience across multiple industries and disciplines.

Please note that the content in this Wave review is provided on an as is basis and you should always check with the company to make sure you have the latest information.

Wave Ratings

Overall Rating
88%
Ease Of Setup Rating
90%
Ease Of Use Rating
90%
Customer Support Rating
79%

Wave Review for 2022 – Quick Summary

Wave Telephone Number: None
Wave Email Address:
Wave Address:
Year Founded: 2009
Wave Highlights: The world's fastest growing small business accounting software.
Hedquarters: Ontario, Canada
Wave Revenue (USD Millions) Unknown
Languages Supported English
Wave LinkedIn: https://www.linkedin.com/company/1196866/
Wave Employee Count (On LinkedIn): 245
Wave Top Features: Invoice Customization - Accounting, Payroll - Accounting, Dashboards - Accounting,
Wave Twitter: @WaveHQ
Wave Twitter Followers: 16,772

Wave Location

Wave Pricing & Costs

Plan Name Price Duration

Our entire Wave Review covers all you need to know about using Wave. Fantastic accounting software can not only help your business to become more efficient and thrive but also provide you a platform that can provide you positive profits. If you would like to make profits, you must ensure you are using a good piece of accounting software.

There is no sure-fire way to guarantee profits; thus, you must carefully analyze your accounting software before you choose it. It's a common misconception that all accounting software is exactly the same, but that is not true. Wrong judgment, in the beginning, can set your business at risk.

Wave is a piece of accounting software which has forged its way successfully. Within this review of Wave, we have attempted to collate a number of the important aspects. This review will allow you to understand whether Wave is a fantastic fit for your company or not. We have tried to breakdown all the features and charges for your convenience.

How To Choose The Best Accounting Software For You

When choosing whether Wave is the most appropriate accounting software for your business there are 5 things to consider and do to make the right choice:

  1. Detail Out what you need to achieve from using Wave
  2. Does Wave achieve your needs as a full Accounting platform?
  3. Fully understand the Wave accounting platform and toolset. Do the Wave tools and resources align with your business needs?
  4. Detail Out the budget available to implement a new Accounting solution and do the solutions from Wave offer the features you need within the budget.
  5. Sign up for a account with Wave. Ask for a callback and demo to finally check that the software is right for you.

What is Wave?

Wave is a complete suite of accounting software developed by Wave and is developed for small to enterprise sized companies.

Wave was started in 2009 in Ontario, Canada

The world's fastest growing small business accounting software.

Does Wave Offer A Free Trial?

Unfortunately Wave does not offer a free trial.

While creating this Wave review we found that it offers a lot of advanced accounting features with its paid plans. You can learn more about some of the Wave Accounting features further on in this Wave review.

Is Wave A Leading Accounting Solution Available?

Accounting suppliers vary from 1 man bands to giant multinationals; There's a whole lot out there. However, when it comes to choosing a reputable accounting solution, there are numerous considerations you have to factor in. To be able to make sure that Wave is the right accounting solution for your company, check out our guide below.

Main Features Of Wave

Wave provides advanced accounting features like:

  • Invoice Customization - Accounting
  • Payroll - Accounting
  • Dashboards - Accounting

Wave Review - General Ledger Features & Rating

General Ledger Features Rating
Journal Entries
75%
Tags / Dimensions
80%
Audit Trail
72%

Wave Review - Accounts Receivable Features & Rating

Accounts Receivable Features Rating
AR Automation
85%
Collections Automation
80%

Wave Review - Accounts Payable Features & Rating

Accounts Payable Features Rating
Payment Processing
85%
Purchase Orders
78%

Wave Review - Other Functionality Features & Rating

Other Functionality Features Rating
Inventory Tracking / Ordering
69%
Inventory Pricing and Costing
79%
Multi-Entity / Consolidation
77%
Recognition Rules
81%
Reconciliations
77%
Payroll
87%
Time and Expense
73%

Wave Review - Reporting & Analytics Features & Rating

Reporting & Analytics Features Rating
Financial Statements
84%
Custom Reporting
79%
Dashboards
89%

Wave Review - Platform Features & Rating

Platform Features Rating
Customization
75%
Workflow Capability
81%
User, Role, and Access Management
84%
Internationalization
83%
Performance and Reliability
87%
Output Document Generation
84%

Wave Review - Integration Features & Rating

Integration Features Rating
Data Import and Export Tools
85%
Breadth of Partner Applications
73%

Wave Review - Cash Flow Features & Rating

Cash Flow Features Rating

Wave Review - Budgeting & Forecasting Features & Rating

Budgeting & Forecasting Features Rating

Wave Review - Revenue Features & Rating

Revenue Features Rating

Alternatives To Wave

Looking for an alternative to Wave?

Many people want accounting software to aid their business goals. What's challenging is finding out whether or not a piece of software you choose is right for your business. We have compiled a list of other accounting solutions that our reviewers voted best overall compared to Wave. Based on thousands of datapoints, you can see how Wave stacks up to their competitors, and find the best fit for your business.

The Top Wave Alternatives Are Listed Below