Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - Aplos Fund Accounting or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than Aplos Fund Accounting, and Wave Accounting is rated higher (97/100) than Aplos Fund Accounting (90/100). Wave Accounting offers users more features (5) than Aplos Fund Accounting (0).
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:
Aplos Software, LLC Vs. Wave Accounting
Aplos Software, LLC : Aplos Software is the leading provider of web-based nonprofit software. We specialize in making it simple to manage a nonprofit or church with our web-based solutions for fund accounting, donor management and tax preparation. With over 10,000 Aplos users and growing daily, we help nonprofits and churches around the nation and the world with user-fr...
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? Aplos Fund 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 Aplos Fund Accounting and Wave Accounting.
Aplos Fund Accounting price starts at $29.50 per month , On a scale between 1 to 10 Aplos Fund Accounting 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 Aplos Fund Accounting is rated 2, which is much lower than the average cost of Accounting & Finance software.
Bottom line: Wave Accounting is more expensive than Aplos Fund Accounting.
Which software includes more/better features?
We've compared Aplos Fund Accounting Vs. Wave Accounting based on some of the most important and required Accounting & Finance features.
Aplos Fund Accounting: We are still working to collect the list of features for Aplos Fund Accounting.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
The main customer target of Aplos Fund Accounting are from the churches and non-for-profit organizations or those small businesses (having less than 200 employees) to medium-sized (500 to 1,500 employees) engaging in similar business in the industry of non-profit activities, mainly those engaging with the use of accounting and fund management. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.