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Wave

Wave

Composite Score
8.5 /10
CX Score
8.8 /10
Category
Wave
8.5 /10

What is Wave?

Wave makes it easy to be your own boss. Focus on what you love, and lean on Wave's intuitive online software to manage your financial and organizational needs. Wave Apps makes your money-related tasks easy with: • Unlimited invoicing, 100% free! • Unlimited accounting, 100% free!

Company Details


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Awards & Recognition

Wave won the following awards in the Accounting - Small Business category

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Wave Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Wave.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

89 Likeliness to Recommend

96 Plan to Renew

1
Since last award

89 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+98 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Wave?

0% Negative
0% Neutral
100% Positive

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Feature Ratings

Average 89

Cost Revenue Tracking

94

Accounts Receivable Invoicing

92

Accounts Payable Purchase Orders

92

Expense Management

92

General Ledger Chart of Accounts

90

Reconciliation

89

Integration APIs

88

Cash Flow Management

88

Budgeting Forecasting

88

Project Accounting

87

Dashboards, Analytics and Reporting

85

Vendor Capability Ratings

Average 85

Ease of Customization

88

Ease of Implementation

88

Usability and Intuitiveness

88

Ease of IT Administration

87

Business Value Created

87

Availability and Quality of Training

85

Ease of Data Integration

85

Product Strategy and Rate of Improvement

83

Breadth of Features

82

Quality of Features

81

Vendor Support

81

Wave Reviews

Alicia B.

  • Role: Finance
  • Industry: Other
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Sep 2025

Fantastic functionality for the price

Likeliness to Recommend

10 /10

What differentiates Wave from other similar products?

Price! Wave is cheap/free in many cases.

What do you dislike most about this product?

Lack of nice budgeting/reports. Other smart features are weaker than in more powerful platforms.

What recommendations would you give to someone considering this product?

Consider how heavy your accounting needs are, and where the focus of your energy is. Is that where Wave is sufficient or strong? How much money can you allocate to it?

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Florence N.

  • Role: Operations
  • Industry: Food and Beverage
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Dec 2024

Fantastic Product and Easy to use.

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

Wave is known for its intuitive and easy-to-use interface, making it accessible even for those who are not tech-savvy

What is your favorite aspect of this product?

This ease of use can be a game-changer for small business owners and freelancers who need to focus on their core activities rather than getting bogged down by complex financial software.

What do you dislike most about this product?

The mobile app lacks certain features available on the desktop version,which can be inconvenient for those who prefer managing their finances on the go.

What recommendations would you give to someone considering this product?

Consider Paid Features if Needed, While the free features are robust, Wave also offers paid features like payroll and premium support. If your business grows or you need additional support, these paid features might be worth considering.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Efficient Service

Thomas B S.

  • Role: Information Technology
  • Industry: Retail
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Sep 2024

Great accounting platform to get started on!

Likeliness to Recommend

8 /10

What differentiates Wave from other similar products?

Free starter program to get you hooked!

What is your favorite aspect of this product?

I love the expense tracking and reporting features

What do you dislike most about this product?

It takes a little getting used to when coming from another platform, but we've found everything we need so far. Integrations with 3rd party software solutions may be a little limited compared to some of the "big dogs" in the market.

What recommendations would you give to someone considering this product?

It's definitely worth adding to your short list of accounting platforms to check out!

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

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