Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - Alight Planning Enterprise or Wave Accounting?
Alight Planning Enterprise is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than Alight Planning Enterprise (91/100). Alight Planning Enterprise offers users more features (16) than Wave Accounting (5).
Looking for the right Accounting & Finance 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:
Alight Planning Enterprise Vs. Wave Accounting
Alight Planning Enterprise: Alight Planning takes the budgeting and planning process beyond spreadsheets with a multi-user system designed for executives, financial staff, and line managers who collaborate in developing financial plans and reviewing financial and operating results.With Alight Planning, financial planning is fast and effective, allowing integration of strategi...
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.
Who is more expensive? Alight Planning Enterprise or Wave Accounting?
The real total cost of ownership (TCO) of Accounting & Finance 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 Alight Planning Enterprise and Wave Accounting.
Alight Planning Enterprise price starts at $6,000 per license , On a scale between 1 to 10 Alight Planning Enterprise is rated 4, which is lower than the average cost of Accounting & Finance software. Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Alight Planning Enterprise is rated 4, which is lower than the average cost of Accounting & Finance software.
Bottom line: Alight Planning Enterprise cost is around the same cost of Wave Accounting.
Which software includes more/better features?
We've compared Alight Planning Enterprise Vs. Wave Accounting based on some of the most important and required Accounting & Finance features.
Alight Planning Enterprise: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Budgeting & Forecasting, Fund-Accounting, Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Customizable Dashboard, Customizable Features, Dashboarding.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
Just 4 years after it was founded Alight has manage to gather over 250 customers from different business segments. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.