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.
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Wave Accounting is more expensive to implement (TCO) than Odoo, and Wave Accounting is rated higher (97/100) than Odoo (90/100). Wave Accounting offers users more features (5) than Odoo (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: 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.
Odoo: Odoo is an open-source suite of integrated business applications actively programmed, supported, and organized by Odoo SA. Odoo is similar to many open-source projects where customized programming, support, and other services are provided by an active global community and partners network. The community is comprised of more than 1,500 active member...
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 Odoo.
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. Odoo price starts at $6 per user/month , When comparing Odoo to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: Wave Accounting is more expensive than Odoo.
We've compared Wave Accounting Vs. Odoo based on some of the most important and required Core Accounting features.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Odoo: We are still working to collect the list of features for Odoo.
Wave Accountancy is perfect for small to medium companies with 9 or much less workers. and Odoo's target customer size include: SMBs.
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.
Compare Pricingstarts at $6 per user/month
Odoo is a customizable fully integrated, and open-source project management software with a plethora of business applications such as manufacturing, project management, CRM, accounting, inventory and some other...
Compare PricingITQlick Score: | 97/100 |
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ITQlick Rating: |
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Pricing: | 4/10 - average cost |
Category: | Core Accounting -> Wave Accounting review |
Company: | Wave Accounting |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | Wave Accounting review, Wave Accounting pricing, Wave Accounting alternatives |
ITQlick Score: | 90/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Inventory Management -> Odoo review |
Company: | Odoo |
Pricing: | starts at $6 per user/month |
Typical customers: | SMBs |
Platforms: | Cloud |
Links: | Odoo review, Odoo pricing, Odoo alternatives |
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.