Compare Wave Accounting and Canopus EpaySuite - Apr 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Wave Accounting or Canopus EpaySuite?

Wave Accounting is more expensive to implement (TCO) than Canopus EpaySuite, and Wave Accounting is rated higher (97/100) than Canopus EpaySuite (91/100). Wave Accounting offers users more features (5) than Canopus EpaySuite (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:

Wave Accounting Vs. Canopus Innovative Technologies

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.

Canopus Innovative Technologies: CANOPUS Innovative Technologies deals with innovative solutions in the financial services industry. Since its inception in 1992 Canopus Innovative Technologies has been a software supplier and IT service provider to banks and payment institutions across the world. With more than 150 successful IT projects worldwide, we have extensive knowle...

Who is more expensive? Wave Accounting or Canopus EpaySuite?

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 Canopus EpaySuite.

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. Canopus EpaySuite 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.

Bottom line: Wave Accounting cost is around the same cost of Canopus EpaySuite.

Which software includes more/better features?

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

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

Canopus EpaySuite: We are still working to collect the list of features for Canopus EpaySuite.

Target customer size

Wave Accountancy is perfect for small to medium companies with 9 or much less workers. Customers of the software include business of all sizes from all over the world.