Compare Oracle Fusion Financial and Wave Accounting - Apr 2022

Shlomi LaviShlomi 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.



Oracle Fusion Financial

ITQlick rating
(3.6/5)

starts at $600 per user/month

Oracle Fusion Financial Management is an accounting and finance software which offers integrated and comprehensive solutions for small to large enterprises. It has accounting management, billing and invoicing, ...

Categories: Core Accounting, Budgeting & CPM, Financial reporting.

Wave Accounting

ITQlick rating
(4.4/5)

Wave Accounting software is a fully integrated, web-based accounting solution tailored exclusively for small organizations. The software allows the users to access their documents any time from anywhere.

Categories: Accounting & Finance, Core Accounting, Medical Accounting.

Compare specifications

Compare features

Oracle Fusion Financial: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Tax compliance
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Oracle F...
ITQlick rating
3.6/5
Score
90/100
Pricing
5.8/10
License pricing
$600 per user/month
Functionality
6
Compare
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.