Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - Oracle Fusion Financial or Wave Accounting?
Oracle Fusion Financial is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than Oracle Fusion Financial (90/100). Wave Accounting offers users more features (5) than Oracle Fusion Financial (3). There is a clear winner in this case and it is Wave Accounting!
Looking for the right Accounting & Finance 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:
Oracle Corporation Vs. Wave Accounting
Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and th...
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? Oracle Fusion Financial or Wave Accounting?
The real total cost of ownership (TCO) of Accounting & Finance 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 Oracle Fusion Financial and Wave Accounting.
Oracle Fusion Financial price starts at $600 per user/month , On a scale between 1 to 10 Oracle Fusion Financial Management is rated 4, which is lower than the average cost of Accounting & Finance software. Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Oracle Fusion Financial Management is rated 4, which is lower than the average cost of Accounting & Finance software.
Bottom line: Oracle Fusion Financial cost is around the same cost of Wave Accounting.
Which software includes more/better features?
We've compared Oracle Fusion Financial Vs. Wave Accounting based on some of the most important and required Accounting & Finance features.
Oracle Fusion Financial: Data Import/Export, Basic Reports, Online Customer Support.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
Oracle Fusion Financial Management is an extensive suite of applications that can be deployed in any business regardless of size and type. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.