Compare Wave Accounting and AME Accounting - Apr 2022

Shlomi LaviShlomi Lavi / Apr 14, 2022

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Bottom Line: Which is Better - Wave Accounting or AME Accounting?

Wave Accounting is more expensive to implement (TCO) than AME Accounting, and Wave Accounting is rated higher (97/100) than AME Accounting (76/100). AME Accounting offers users more features (6) than Wave Accounting (5).

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Wave Accounting Vs. AME Software Products, Inc.

Wave Accounting: Wave Accounting is an awesome, cloud-based, integrated software and tools for small businesses. So far, that includes Invoicing, Accounting, Payroll, Payments and more, plus Personal Finance Software, too.

AME Software Products, Inc.: AME Software Products, Inc. is a fast growing company offering accounting software since 1992. Being in the business for more than 17 years, we know the needs of our customers! Our prices and services are hard to beat, while the support that we provide our customers is totally unique! Our continued success has helped us grow to include a nationwide...

Who is more expensive? Wave Accounting or AME Accounting Software?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Wave Accounting and AME Accounting Software.

Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Wave Accounting is rated 4, which is lower than the average cost of Core Accounting software. AME Accounting Software price starts at $299 per license , When comparing AME Accounting Software to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.

Bottom line: Wave Accounting is more expensive than AME Accounting Software.

Which software includes more/better features?

We've compared Wave Accounting Vs. AME Accounting based on some of the most important and required Core Accounting features.

Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.

AME Accounting Software: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fund-Accounting.

Target customer size

Wave Accountancy is perfect for small to medium companies with 9 or much less workers. Customers of the software mainly include small and medium businesses of a variety of types.



Wave Accounting

ITQlick rating
(4.4/5)

Wave Accounting software is a fully integrated, web-based accounting solution tailored exclusively for small organizations. The software allows the users to access their documents any time from anywhere.

Categories: Accounting & Finance, Core Accounting, Medical Accounting.

AME Accounting

ITQlick rating
(4.3/5)

starts at $299 per license

AME Accounting Software is an accounting and payroll management solution for small and medium businesses. Its capabilities include billing and invoicing, fixed asset management, reporting, and others. The softw...

Categories: Core Accounting.

Compare specifications

Compare features

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Tax compliance

AME Accounting Software: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fund-Accounting
Tax compliance
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
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Wave Acc...
ITQlick rating
4.4/5
Score
97/100
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5.6/10
License pricing
Pricing not available
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8
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ITQlick rating
4.3/5
Score
76/100
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2.8/10
License pricing
$299 per license
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FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.