wave review

Wave is an online platform for businesses to simplify their financial services. It offers award-winning, accountant-approved software for free and supports credit card processing and payroll. This free software includes accounting, invoicing, payroll and online payments. With Wave, businesses have access to professional-quality documents to create invoices tailored to their business. Being cloud-based, business owners can easily access their data from any location, managing their profits and productivity on the go. Furthermore, Wave’s online payment processing reduces payment time to two days, giving businesses the chance to receive payment quicker. 


With over 2 million small businesses and freelancers already using Wave, it has become an essential tool for businesses taking care of their financial services. It saves time, reduces costs and provides businesses with the most sophisticated and updated accounting tools – all for free. Wave’s goal is to help businesses focus on managing their products and employees rather than their finances, allowing them to do more with less. Wave provides a whole suite of services for businesses, so whether you’re small business or freelancer, Wave is the perfect solution for managing your financial services.

Benefits of Wave

wave review

Wave is cloud-based software that offers users various benefits such as accessibility 24/7, import/export data, synchronization of documents, data backup, and data synchronization. Accessibility 24/7 enables remote access for its users, allowing them to access and collaborate on documents, projects, and other tasks no matter their geographical locations. Wave allows users to import and export data from different platforms, including spreadsheets and other third-party software. It also offers synchronization of documents and data backup to ensure all users have the same versions of a document or project. Data synchronization ensures all data stored in the cloud is constantly updated across different user devices. Wave has features designed for different types of businesses, ranging from small businesses to large organizations. It provides users a reliable and secure platform for their data, documents, and projects. Wave’s user-friendly interface allows non-technical users easily to use its features without needing any prior knowledge. These features enable businesses to reduce their costs and increase their efficiency significantly.

Integrations & APIs

Wave offers a variety of different options to integrate with other computer applications in order to make it easier to securely exchange data. Through their APIs, different computer programs can connect to each other using an extension, plugin, or API. This feature works perfectly to synchronize files between applications or simplify the process of connecting to a database for data management. For example, customers can use Wave to integrate their applications to well known ones such asGeckoboard, Marketo, and PayPal. This integration gives users the option to connect their applications to these established software programs and securely exchange data. This convenience makes data exchange easier and more secure. Wave’s APIs provide a powerful way for different applications to communicate with each other without sacrificing security. This feature helps customers to take advantage of the benefits of being able to securely exchange data with other programs.

Compatibility & Configuration

wave review

Wave is a Software as a Service (SaaS) package accessible from most modern web browsers, such as Chrome and Firefox, for use on a wide variety of operating systems such as Windows, Mac OS, and Linux. Additionally, Wave is available from mobile devices such as tablets and smartphones equipped with Android or iOS operating systems, and may have a mobile application for download from the Play Store / App Store. To efficiently use Wave, it is necessary to have a stable internet connection and an up-to-date web browser. Wave is compatible with most corporate information systems and has proven beneficial for company efficiency. By being able to access Wave remotely (from an office, home, or on the move) the post-deployment workload is greatly reduced. Allowing the users to do more data analysis with less effort, increasing efficiency, and saving money in the long run. Wave facilitates communication between employees and other stakeholders simplifying everyday tasks. Overall, Wave is a powerful tool and comprehensive SaaS package to empower anyone in their workflow by making valuable data easy and accessible.

Wave’s price

Wave is an SaaS (Software as a Service) that offers comprehensive business management software ranging from invoicing and payment tracking to payroll services. The pricing of Wave depends on the features offered, the number of licenses and any additional features. 

The company offers a free trial version of Wave which is time-limited and may have limited features available. The standard version of Wave is available on request. Other versions – including Pro, Enterprise and Premium – are also available, though prices are also available on request. 

In addition to different versions, some software publishers offer promotional codes or discounts for purchasers of multiple licenses. Wave also offers several payment plans, with annual subscriptions usually providing a cost saving of 10-30% over monthly payments. 

Ultimately, Wave offers a range of different options to suit the needs of various users, allowing them to select the best solution to suit their budget. Its affordability and its range of features make it an attractive option for business owners.

Alternatives to Wave

1. Zoho Books: Zoho Books is an online accounting software that helps you manage your business finances and keep track of your finances. It offers features such as invoicing, expense tracking, and bank reconciliation. 

2. QuickBooks Online: QuickBooks Online is a comprehensive accounting software designed for small businesses. It provides features such as invoicing, inventory management, and expense tracking.

3. Wave Accounting: Wave Accounting is a free accounting software that offers features such as invoicing, expense tracking, and bank reconciliation. 

4. Freshbooks: Freshbooks is an online invoicing and accounting software designed for professional services businesses. It offers features such as time tracking, client management, and integrations with other services. 

5. Xero: Xero is an online accounting software designed for businesses of all sizes. It provides features such as invoicing, expense tracking, and bank reconciliation. 

6. Intuit QuickBooks Desktop: QuickBooks Desktop is an accounting software that provides features such as invoicing, inventory management, and expense tracking. It is more expensive, but offers a more robust feature set than its online counterpart. 

7. Sage 50cloud: Sage 50cloud is an on-premise accounting software designed for small businesses. It offers features such as invoicing, inventory management, and expense tracking. 

8. Kashoo: Kashoo is an online accounting software designed for freelancers and small businesses. It offers features such as invoicing, expense tracking, and integrations with third-party services.

Conclusion

Wave Accounting is an effective platform for businesses and individuals looking to simplify their data analysis and AI applications. With multiple industry-leading databases, powerful graphical user interface, easy integration with modern BI tools, and top-notch optimization and prediction capabilities, Wave Accounting is an ideal choice for managing and analyzing data for businesses of all sizes.

5/5 - (2 votes)
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Hello, my name is Musa, and I am a writer specialising in business accounting and news. With over 10 years of experience in the industry, I have established myself as a knowledgeable and reliable source of information in the field.

I graduated from the University of Toronto with a degree in Accounting and finance and went on to work in various accounting firms, where I gained valuable experience in financial analysis, auditing, and taxation. However, I soon realised that my true passion lay in writing about the world of business.

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