Shlomi Lavi /
May 13, 2022
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Bottom Line: Which is Better - ISOtrain or Wave Accounting?
ISOtrain is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than ISOtrain (88/100). ISOtrain offers users more features (12) than Wave Accounting (5).
Looking for the right LMS 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:
ISOtrain Vs. Wave Accounting
ISOtrain: Softek is a company headquartered in Puerto Rico with more than 22 years of experience working with design, development and implementation of automated information systems in the Pharmaceutical, Government, Education and Manufacturing Industry sectors. SOFTEK has manufactured systems under the highest quality standard, security validation protocols...
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? ISOtrain or Wave Accounting?
The real total cost of ownership (TCO) of LMS 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 ISOtrain and Wave Accounting.
ISOtrain price starts at $25,000 per license , On a scale between 1 to 10 ISOtrain is rated 6, which is similar to the average cost of LMS software. Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 ISOtrain is rated 6, which is similar to the average cost of LMS software.
Bottom line: ISOtrain is more expensive than Wave Accounting.
Which software includes more/better features?
We've compared ISOtrain Vs. Wave Accounting based on some of the most important and required LMS features.
ISOtrain: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Blended Learning, Career Tracking, Collaboration Management, Content Management, Course Catalog, Course Interactivity, eLearning, Individual-Based Plans.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
ISOtrain's typical customers include: Start up, Small business, Medium business, Large business, Private use, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.