Compare CashManager and Wave Accounting - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - CashManager or Wave Accounting?

CashManager is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than CashManager (59/100). Wave Accounting offers users more features (5) than CashManager (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:

Accomplish Vs. Wave Accounting

Accomplish: Accomplish has been supplying businesses and their accountants with accounting software since 1992.Accomplish has been working with Accountants in Public Practice and their small business clients since 1992. This background and focus has enabled us to develop a broad understanding of the issues and challenges faced by small businesses and their Acc...

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? CashManager 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 CashManager and Wave Accounting.

CashManager price starts at $660 per year , On a scale between 1 to 10 CashManager is rated 6, which is similar to 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 CashManager is rated 6, which is similar to the average cost of Core Accounting software.

Bottom line: CashManager is more expensive than Wave Accounting.

Which software includes more/better features?

We've compared CashManager Vs. Wave Accounting based on some of the most important and required Core Accounting features.

CashManager: Data Import/Export, Basic Reports, Online Customer Support.

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

Target customer size

Customers of the software mainly include small and medium businesses, although there is no restriction on industrial affiliation. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.