Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - Big Red Cloud or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than Big Red Cloud, and Wave Accounting is rated higher (97/100) than Big Red Cloud (62/100). Wave Accounting offers users more features (5) than Big Red Cloud (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:
Big Red Book Vs. Wave Accounting
Big Red Book: Big Red Cloud started out as Big Red Book, an on premise accounting software. For over 20 years our accounting software has been making it easier for small businesses, their accountants and bookkeepers to manage their accounts.
With the advent of cloud technology Big Red Cloud arrived in 2012, carrying on Big Red Book’s ethos of enabling small b...
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? Big Red Cloud 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 Big Red Cloud and Wave Accounting.
Big Red Cloud price starts at $28 per month , On a scale between 1 to 10 Big Red Cloud 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 Big Red Cloud is rated 4, which is lower than the average cost of Core Accounting software.
Bottom line: Big Red Cloud cost is around the same cost of Wave Accounting.
Which software includes more/better features?
We've compared Big Red Cloud Vs. Wave Accounting based on some of the most important and required Core Accounting features.
Big Red Cloud: We are still working to collect the list of features for Big Red Cloud.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
Big Red Cloud's typical customers include: SMBs, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.