Compare Oracle Fusion Financial vs Wave Accounting

Oracle Fusion Financial Vs. Wave Accounting: Which is better?

Shlomi Lavi / Dec 08, 2019

Looking for the right Accounting & Finance solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

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 through a number of high-profile acquisitions. Oracle is the third-largest software maker by revenue, afterMicrosoft and IBM. 

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.

Pricing/cost comparison

The real cost of Accounting & Finance software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Oracle Fusion Financial TCO and Wave Accounting total cost to help with the total cost of ownership calculation.

Oracle Fusion Financial price Starting from $49 per 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 price Has free version , when comparing Wave Accounting to their competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.

Bottom line: Oracle Fusion Financial cost is around the same cost of Wave Accounting.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, 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 list of features include the following: 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 Accounting is ideal for small to medium businesses with 9 or less employees.