Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - Avankia or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than Avankia, and Wave Accounting is rated higher (97/100) than Avankia (62/100). Wave Accounting offers users more features (5) than Avankia (0).
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:
Avankia LLC Vs. Wave Accounting
Avankia LLC: We assist our clients in exploring best practices to solve their unique challenges, by leveraging our expertise in CRM and Technology Consulting for SaaS and Web applications. Our global delivery model and cohesive teams mean faster deployment cycles and customized solutions for each business need. TargetRecruit is an ATS on Force.com which staffin...
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? Avankia or Wave Accounting?
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 Avankia and Wave Accounting.
Avankia price starts at $50 per user/month , On a scale between 1 to 10 Avankia is rated 4, which is lower than the average cost of Core 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 Avankia is rated 4, which is lower than the average cost of Core Accounting software.
Bottom line: Avankia cost is around the same cost of Wave Accounting.
Which software includes more/better features?
We've compared Avankia Vs. Wave Accounting based on some of the most important and required Core Accounting features.
Avankia: We are still working to collect the list of features for Avankia.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
The usual users of Avankia software are the individuals, particularly the healthcare professionals, engaging with small (having one to 100 employees) and/or medium-sized (having more than 100 to 1,000 employees) businesses as well as large enterprises utilizing the services from the industry sector of IT and other information related services, mainly with the medical practice, physician referral and relationship management. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.