Compare CenterPoint Accounting and Wave Accounting - May 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

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

Wave Accounting is more expensive to implement (TCO) than CenterPoint Accounting, and Wave Accounting is rated higher (97/100) than CenterPoint Accounting (62/100). Wave Accounting offers users more features (5) than CenterPoint Accounting (3).

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:

Red Wing Software, Inc Vs. Wave Accounting

Red Wing Software, Inc: Red Wing Software, Inc. is uniquely positioned as a small-to mid-sized company serving small to mid-sized businesses, agribusinesses, and farming/ranching operations in North America.When you choose Red Wing Software as your partner for accounting, payroll and business management software, that's exactly what you get. A partner. We strive to provid...

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? CenterPoint Accounting 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 CenterPoint Accounting and Wave Accounting.

CenterPoint Accounting price starts at $995 per license , On a scale between 1 to 10 CenterPoint Accounting Software for Agriculture 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 CenterPoint Accounting Software for Agriculture is rated 4, which is lower than the average cost of Core Accounting software.

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

Which software includes more/better features?

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

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

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

Target customer size

The software has specifically been designed for the agriculture and food industry, although it comes with a variety of general features that can be used in other industries as well. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.