Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - AME Accounting or Wave 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 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:
AME Software Products, Inc. Vs. Wave Accounting
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...
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? AME Accounting 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 AME Accounting and Wave Accounting.
AME Accounting price starts at $299 per license , On a scale between 1 to 10 AME Accounting Software is rated 2, which is much 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 AME Accounting Software is rated 2, which is much lower than the average cost of Accounting & Finance software.
Bottom line: Wave Accounting is more expensive than AME Accounting.
Which software includes more/better features?
We've compared AME Accounting Vs. Wave Accounting based on some of the most important and required Accounting & Finance features.
AME Accounting: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fund-Accounting, Tax compliance.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
Customers of the software mainly include small and medium businesses of a variety of types. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.