Compare Canopus EpaySuite and Wave Accounting - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - Canopus EpaySuite or Wave Accounting?

Wave Accounting is more expensive to implement (TCO) than Canopus EpaySuite, and Wave Accounting is rated higher (97/100) than Canopus EpaySuite (91/100). Wave Accounting offers users more features (5) than Canopus EpaySuite (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:

Canopus Innovative Technologies Vs. Wave Accounting

Canopus Innovative Technologies: CANOPUS Innovative Technologies deals with innovative solutions in the financial services industry. Since its inception in 1992 Canopus Innovative Technologies has been a software supplier and IT service provider to banks and payment institutions across the world. With more than 150 successful IT projects worldwide, we have extensive knowle...

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? Canopus EpaySuite 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 Canopus EpaySuite and Wave Accounting.

Canopus EpaySuite accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Canopus EpaySuite is rated 4, which is 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 Canopus EpaySuite is rated 4, which is lower than the average cost of Accounting & Finance software.

Bottom line: Canopus EpaySuite cost is around the same cost of Wave Accounting.

Which software includes more/better features?

We've compared Canopus EpaySuite Vs. Wave Accounting based on some of the most important and required Accounting & Finance features.

Canopus EpaySuite: We are still working to collect the list of features for Canopus EpaySuite.

Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.

Target customer size

Customers of the software include business of all sizes from all over the world. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.