Compare Speedy Claims and Wave Accounting - Feb 2023

Shlomi LaviShlomi Lavi / Feb 25, 2023

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Bottom Line: Which is Better - Speedy Claims or Wave Accounting?

Wave Accounting is more expensive to implement (TCO) than Speedy Claims, and Wave Accounting is rated higher (97/100) than Speedy Claims (90/100). Both tools offer the same amount of features.

Looking for the right Medical Practice 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:

SpeedySoft USA, Inc Vs. Wave Accounting

SpeedySoft USA, Inc: Speedy Claims became the top CMS 1500 Software by providing the best customer service imaginable to our thousands of clients all over America. We’re a part of your team. Every year for almost a decade, we’ve trusted medical professionals and administrators to suggest ways to make Speedy Claims even better than it already is. Implementing these sug...

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? Speedy Claims or Wave Accounting?

The real total cost of ownership (TCO) of Medical Practice 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 Speedy Claims and Wave Accounting.

Speedy Claims price starts at $29.95 per month , On a scale between 1 to 10 Speedy Claims Software is rated 2, which is much lower than the average cost of Medical Practice software. Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Speedy Claims Software is rated 2, which is much lower than the average cost of Medical Practice software.

Bottom line: Wave Accounting is more expensive than Speedy Claims.

Which software includes more/better features?

We've compared Speedy Claims Vs. Wave Accounting based on some of the most important and required Medical Practice features.

Speedy Claims: Compliance , HIPAA Compliant, Patient portal, Medical, Medical.

Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.

Target customer size

Speedy Claims Software is a medical practice software solution that caters to a wide range of healthcare providers, including hospitals, clinics, medical billing companies, and individual medical practices. Wave Accountancy is perfect for small to medium companies with 9 or much less workers.

Speedy Claims

ITQlick rating
(4.7/5)

starts at $29.95 per month

Speedy Claims Software is a cloud-based and on-premise medical practice management that has been serving medical professionals, helping them improve the quality of their services to the patients who come seekin...

Categories: Payment Processing, Customer Loyalty, Compliance , Allergy EMR.

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

Speedy Claims: 5 Features

Compliance
HIPAA Compliant
Patient portal
Medical
Medical

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
Speedy C...
ITQlick rating
4.7/5
Score
90/100
Pricing
2.6/10
License pricing
$29.95 per month
Functionality
32
Compare
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Nextech ...
ITQlick rating
4.6/5
Score
92/100
Pricing
6.6/10
License pricing
$35 per year
Functionality
7
TM3
ITQlick rating
4.5/5
Score
84/100
Pricing
2.2/10
License pricing
$50 per month
Functionality
32
Review

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.