Compare AME Accounting and Wave Accounting - Apr 2022

Shlomi LaviShlomi 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.



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.

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.

Compare specifications

Compare features

AME Accounting: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fund-Accounting
Tax compliance

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
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
Compare
AME Acco...
ITQlick rating
4.3/5
Score
76/100
Pricing
2.8/10
License pricing
$299 per license
Functionality
7
Compare
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Compare
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

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.