Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - KPMG or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than KPMG, and Wave Accounting is rated higher (97/100) than KPMG (76/100). Wave Accounting offers users more features (5) than KPMG (0).
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:
KPMG US Vs. Wave Accounting
KPMG US: KPMG LLP, the U.S. audit, tax and advisory services firm, operates from 87 offices with more than 23,000 employees and partners throughout the U.S. Our purpose is to turn knowledge into value for the benefit of our clients, our people, and the capital markets.nnKPMG delivers a globally consistent set of multidisciplinary services based on deep in...
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? KPMG Spark 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 KPMG Spark and Wave Accounting.
KPMG Spark price starts at $395 per month , On a scale between 1 to 10 KPMG Spark is rated 2, which is much 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 KPMG Spark is rated 2, which is much lower than the average cost of Core Accounting software.
Bottom line: Wave Accounting is more expensive than KPMG Spark.
Which software includes more/better features?
We've compared KPMG Vs. Wave Accounting based on some of the most important and required Core Accounting features.
KPMG Spark: We are still working to collect the list of features for KPMG Spark.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
KPMG Spark's typical customers include: Small businesses and start ups, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.