Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - billfaster or Wave Accounting?
billfaster is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than billfaster (58/100). Wave Accounting offers users more features (5) than billfaster (3). There is a clear winner in this case and it is Wave Accounting!
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:
BILLFASTER Vs. Wave Accounting
BILLFASTER: billfaster is cloud accounting with (free invoice option) ideal for startups, small business owners, entrepreneurs, micro businesses, self-employed individuals, freelancers, SOHO, restaurants, web designers, graphic designers, clubs, photographers, film producers, agencies, franchises, real estate agents, contractors, painters, decorators, security...
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? billfaster 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 billfaster and Wave Accounting.
billfaster price starts at $25 per month , On a scale between 1 to 10 billfaster 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 billfaster is rated 4, which is lower than the average cost of Core Accounting software.
Bottom line: billfaster cost is around the same cost of Wave Accounting.
Which software includes more/better features?
We've compared billfaster Vs. Wave Accounting based on some of the most important and required Core Accounting features.
billfaster: Data Import/Export, Basic Reports, Online Customer Support.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
billfaster's typical customers include: Start up, Small business, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.