Shlomi Lavi /
Apr 14, 2022
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Bottom Line: Which is Better - ReconXpert or Wave Accounting?
Wave Accounting is more expensive to implement (TCO) than ReconXpert, and Wave Accounting is rated higher (97/100) than ReconXpert (62/100). Wave Accounting offers users more features (5) than ReconXpert (0).
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:
Sydel Corporation Vs. Wave Accounting
Sydel Corporation: Sydel Corporation was founded in 1998 to provide expert information technology and accounting consulting, business process analysis and to develop customized software solutions for business entities that require customized solutions for existing or emerging business challenges. While focusing on the core industries of Financial Services and Travel ...
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? ReconXpert 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 ReconXpert and Wave Accounting.
ReconXpert price starts at $7,500 per license , On a scale between 1 to 10 ReconXpert is rated 4, which is 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 ReconXpert is rated 4, which is lower than the average cost of Core Accounting software.
Bottom line: ReconXpert cost is around the same cost of Wave Accounting.
Which software includes more/better features?
We've compared ReconXpert Vs. Wave Accounting based on some of the most important and required Core Accounting features.
ReconXpert: We are still working to collect the list of features for ReconXpert.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Target customer size
ReconXpert's typical customers include: SMBs, Wave Accountancy is perfect for small to medium companies with 9 or much less workers.