Shlomi Lavi /
Oct 12, 2022
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Bottom Line: Which is Better - Momenteo or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than Momenteo, and Wave Accounting is rated higher (97/100) than Momenteo (80/100). Momenteo offers users more features (6) 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:
Momenteo Vs. Wave Accounting
Momenteo: Freelancer accounting made simple. Momenteo was built just for that.
Easily manage your clients, invoices and expenses while having a clear portrait of your freelance business. You’ll be able to focus on developing your craft with the peace of mind that your finances are straight.
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? Momenteo 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 Momenteo and Wave Accounting.
Momenteo price starts at $4.95 per month , On a scale between 1 to 10 Momenteo 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 Momenteo is rated 2, which is much lower than the average cost of Core Accounting software.
Bottom line: Wave Accounting is more expensive than Momenteo.
Which software includes more/better features?
We've compared Momenteo Vs. Wave Accounting based on some of the most important and required Core Accounting features.
Momenteo: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Tax compliance, Time and Expense Tracking.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
Momenteo's typical customers include: Small businesses and start ups, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.