Shlomi Lavi /
Oct 12, 2022
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Bottom Line: Which is Better - Dext Prepare or Wave Accounting?
Dext Prepare is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than Dext Prepare (85/100). Wave Accounting offers users more features (5) than Dext Prepare (3). There is a clear winner in this case and it is Wave Accounting!
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:
Receipt Bank Vs. Wave Accounting
Receipt Bank: Receipt Bank converts those annoying bits of paper - receipts and invoices - into data you, and your company, can use!Receipt Bank’s aim is to remove the burden that receipts and invoices place on small businesses.
Working with bookkeepers, accountants and with small businesses directly, Receipt Bank has developed its software and service to mak...
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? Dext Prepare 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 Dext Prepare and Wave Accounting.
Dext Prepare price starts at $20 per 5 users/month , On a scale between 1 to 10 Receipt Bank is rated 6, which is similar to 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 Receipt Bank is rated 6, which is similar to the average cost of Core Accounting software.
Bottom line: Dext Prepare is more expensive than Wave Accounting.
Which software includes more/better features?
We've compared Dext Prepare Vs. Wave Accounting based on some of the most important and required Core Accounting features.
Dext Prepare: Data Import/Export, Basic Reports, Online Customer Support.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
Customers of the software mainly come from small and medium businesses, although there is no
restriction of industrial affiliation. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.