Compare Deltek Costpoint and Wave Accounting - Dec 2022

Shlomi Lavi

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Bottom Line: Which is Better - Deltek Costpoint or Wave Accounting?

Deltek Costpoint is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than Deltek Costpoint (87/100). Deltek Costpoint offers users more features (9) than Wave Accounting (5).

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:

Deltek Vs. Wave Accounting

Deltek: Headquartered in Herndon, Virginia, with nearly 1,600 employees worldwide, Deltek is the leading global provider of enterprise software and information solutions for professional services firms and government contractors.    For decades, Deltek has delivered actionable insight that empowers its customers to unlock their busines...

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? Deltek Costpoint 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 Deltek Costpoint and Wave Accounting.

Deltek Costpoint price starts at $30 per user/month , On a scale between 1 to 10 Deltek Costpoint 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 Deltek Costpoint is rated 6, which is similar to the average cost of Core Accounting software.

Bottom line: Deltek Costpoint is more expensive than Wave Accounting.

Which software includes more/better features?

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

Deltek Costpoint: Accounting Module, Business Intelligence Module, CRM Module, Human Resources Module, Inventory Management Module, Manufacturing Module, Procurement Module, Project Management Module.

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

Target customer size

Customers of the software include businesses of all sizes without any restriction on industrial affiliation. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.