Compare Wave Accounting and Moneyspire - Nov 2022

Shlomi LaviShlomi Lavi / Nov 22, 2022

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Bottom Line: Which is Better - Wave Accounting or Moneyspire?

Moneyspire is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than Moneyspire (62/100). Wave Accounting offers users more features (5) than Moneyspire (4). 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:

Wave Accounting Vs. Fortora

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.

Fortora: Introducing Fresh Finance. Its remarkable design makes managing your money easier and faster than ever before. Keep detailed track of your income and spending, and always know where you stand. Organize your bills and never stress with due dates again. Optionally sync data with your bank, or enter it by hand. No more struggling at tax time.

Who is more expensive? Wave Accounting or Fortora Fresh Finance?

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 Fortora Fresh Finance.

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. Fortora Fresh Finance price starts at $29.99 per license , When comparing Fortora Fresh Finance 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 Fortora Fresh Finance.

Which software includes more/better features?

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

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

Fortora Fresh Finance: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting.

Target customer size

Wave Accountancy is perfect for small to medium companies with 9 or much less workers. The software has specifically been developed for the needs of small businesses, including new startups.



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.

Moneyspire

ITQlick rating
(4/5)

starts at $29.99 per license

Moneyspire is a financial management solution for small and medium businesses. It offers such services as account tracking, bill reminders, customizable reporting, and others. The software was designed and laun...

Categories: Core Accounting.

Compare specifications

Compare features

Wave Accounting: 5 Features

Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Tax compliance

Fortora Fresh Finance: 4 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
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
Compare
Moneyspi...
ITQlick rating
4/5
Score
62/100
Pricing
5.8/10
License pricing
$29.99 per license
Functionality
5
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
Compare
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.