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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Workday Financial is more expensive to implement (TCO) than Wave Accounting, and Wave Accounting is rated higher (97/100) than Workday Financial (75/100). Wave Accounting offers users more features (5) than Workday Financial (0). 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: 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.
Workday, Inc: Workday is the leader in enterprise-class, Software-as-a-Service (SaaS) solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications.
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 Workday Financial Management.
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. Workday Financial Management 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: Workday Financial Management is more expensive than Wave Accounting.
We've compared Wave Accounting Vs. Workday Financial based on some of the most important and required Core Accounting features.
Wave Accounting: Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Tax compliance.
Workday Financial Management: We are still working to collect the list of features for Workday Financial Management.
Wave Accountancy is perfect for small to medium companies with 9 or much less workers. and Workday Financial Management's target customer size include: Large business.
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 Pricing
Workday Financial management software is a cloud-based and Data-as-a-Service accounting solution for global organizations of all scopes. The software solution helps businesses to manage their procurement, inven...
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: | 75/100 |
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ITQlick Rating: |
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Pricing: | 6/10 - average cost |
Category: | Core Accounting -> Workday Financial review |
Company: | Workday, Inc |
Typical customers: | Large business |
Platforms: | Desktop, Cloud |
Links: | Workday Financial review, Workday Financial pricing, Workday Financial 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.