Top 10 Wave Accounting Competitors

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Last updated: Apr 06, 2019

Wave Accounting Competitors

ITQlick rating
(4/5)

Has free version

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:

    • Core Accounting
    • Accounting & Finance
    • Medical Accounting

Wave Accounting Competitors and Alternatives

The two main competitors of Wave Accounting software include Xero and FreshBooks. Xero software is a cloud-hosted accounting solution built to cover small and medium-size business whereas Wave Accounting software is a fully integrated, web-based accounting solution tailored exclusively for small organizations.

Both solutions provide users with bank reconciliation, invoicing, inventory, expenses, purchasing, bookkeeping tools, and more. While Xero software is a product of Xero Accounting for Small Business, Wave accounting is a product of Wave Accounting Inc. Both Xero and Wave Accounting platforms are supported on Windows, iPhone/iPad, Mac, and Web-based devices.

Just like Wave Accounting software, FreshBooks is a cloud-hosted accounting software solution specifically tailored to suit the requirements of small businesses. Whereas FreshBooks supports multiple languages like English, Dutch, Polish, Turkish and Swedish, Wave Accounting is only offered in the English language.

Wave Accounting is a product of Wave Accounting Inc. in Canada but in comparison, FreshBooks software is designed by FreshBooks Company. The two platforms work in Windows, iPhone/iPad, Mac, and Web-based devices.

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, 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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
Compare
Wave
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
Has free version
Hosting
Cloud
Functionality score
8
Fit small business
Fit medium business
Fit large business
Software review
Best for SMBs
QuickBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.2/10
License pricing license pricing (if provided by the software vendor)
$250 Per license
Hosting
On premise and Cloud
Functionality score
20
Fit small business
Fit medium business
Fit large business
Software review
Best for Enterprise
Tipalti
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
95/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
On premise and Cloud
Functionality score
23
Fit small business
Fit medium business
Fit large business
Software review
Low budget
Multiview
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.8/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Hosting
Cloud
Functionality score
23
Fit small business
Fit medium business
Fit large business
Software review
Free version
ZipBooks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
90/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.6/10
License pricing license pricing (if provided by the software vendor)
Has free version
Hosting
On premise and Cloud
Functionality score
25
Fit small business
Fit medium business
Fit large business
Software review