Compare Wave Accounting and AccountMate SQL - Aug 2022

Shlomi LaviShlomi Lavi / Aug 23, 2022

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Bottom Line: Which is Better - Wave Accounting or AccountMate SQL?

AccountMate SQL is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than AccountMate SQL (81/100). AccountMate SQL offers users more features (7) than Wave Accounting (5).

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:

Wave Accounting Vs. AccountMate Software

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.

AccountMate Software: AccountMate offers unique accounting solutions for your growing business.AccountMate has provided customers with powerful and flexible accounting and business management software that meets the exact needs of their businesses. Many other accounting solutions require you to make changes to your core business processes in order to utilize their so...

Who is more expensive? Wave Accounting or AccountMate SQL Software?

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 Wave Accounting and AccountMate SQL Software.

Wave Accounting accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Wave Accounting is rated 4, which is lower than the average cost of Core Accounting software. AccountMate SQL Software price starts at $4,000 per license , When comparing AccountMate SQL Software to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: Wave Accounting cost is around the same cost of AccountMate SQL Software.

Which software includes more/better features?

We've compared Wave Accounting Vs. AccountMate SQL based on some of the most important and required Core Accounting features.

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

AccountMate SQL Software: Accounts Payable, Accounts Receivable, Billing & Invoicing, Cash Flow, Fund-Accounting.

Target customer size

Wave Accountancy is perfect for small to medium companies with 9 or much less workers. and AccountMate SQL Software's target customer size include: SMBs.

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.

AccountMate SQL

ITQlick rating
(4.3/5)

starts at $4,000 per license

AccountMate SQL software is a hybrid accounting solution that can be deployed as SaaS, Cloud-based or on-premise. The platform offer functionality tools that help small & midsize businesses manage their financi...

Categories: Accounting & Finance, Recurring Billing, Billing & Invoicing, Core Accounting, Accounting Practice Management.

Compare specifications

Compare features

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Tax compliance

AccountMate SQL Software: 7 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Cash Flow
Fund-Accounting
Purchase Orders
Payroll Tax Management
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
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
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AccountM...
ITQlick rating
4.3/5
Score
81/100
Pricing
5.6/10
License pricing
$4,000 per license
Functionality
34
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
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FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28

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.