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94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Wave logo
Accounting Software

4.1 1,834 user ratings

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84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Botkeeper logo
Accounting Software

4.4 93 user ratings

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Overview

Description Wave is an accounting software designed to offer professional-grade services tailored to small businesses. It provides essential tools like invoicing, accounting, and receipt scanning completely free, while premium features such as payments and payroll are available at affordable prices. This makes it a cost-effective solution for businesses looking to streamline their accounting processes without breaking the bank. By using Wave efficiently, companies can save time and money on their bookkeeping, freeing up resources to focus on growth. Wave’s intuitive platform allows small business owners to create professional invoices, accept online payments, and simplify their accounting—all in one place. It’s an ideal option for startups and small enterprises seeking an easy-to-use online solution to manage their finances. With Wave, users get the tools required to stay on top of their business while maintaining a budget-friendly approach.. Read more Botkeeper is an AI-powered bookkeeping software, developed to help you expand your firm by bringing in more money without the need for more staff. It cuts overhead expenses by half, allowing your company to expand 10 times faster, and delivers bank-grade security. Botkeeper uses 256-bit encryption along with various additional best-in-class security processes, such as broad permissions, biometrics, and background checks, to secure your data. It combines the expertise of expert accountants with artificial intelligence, machine learning, and robotic process automation to provide the best user experience. It enables accounting businesses to offload the day-to-day blocking and tackling of bookkeeping (classifications, reconciliations, and data input) and focus on higher-level client advising services. The platform offers tools and assistance for partners with their own personalized branding and totally automates your bookkeeping department with human-assisted AI and machine learning that has been exposed to millions of financial transactions. Additionally, you can benefit from reduced manpower and overhead expenses, improved reporting and 24/7 real-time data input, and the ability to observe and verify the health of your company's outcomes. Read more
Pricing Options
  • Free Trial Not Available
  • Starts at $14.16. Offers Free-forever plan.
  • Free Trial Not Available
  • Starts at $69.00.
SW Score & Breakdown

94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    100%
  • Reviews
    84%
  • Momentum
    68%
  • Popularity
    91%

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    91%
  • Reviews
    82%
  • Momentum
    60%
  • Popularity
    80%
SaaSworthy Awards # 7 Fastest Growing # 4 Most Popular # 12 Fastest Growing

Features

Total Features
18 Features
13 Features
Common Features for All
    Accounts Payable Handling the money owed by a business to its suppliers.
    Accounts Receivable Handling the money the client owes to the company.
    Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.
    Billing and Invoicing This feature helps in issuing and handling the invoice and bills.
    Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow.
    CPA Firms Offers collaboration with a professional expert for financial and consulting services.
    Cash Management Collection and management of cash.
    Collections Recovery of cash from a business or individual.
    Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.
    Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.
    General Ledger Maintaining and recording all the accounting related transactions.
    Multi-Currency Enables payment and collection in multiple currencies.
    Payroll Handling the salary payable to the employees
    Project Accounting Creation of financial reports specifically designed to track the financial progress of projects
    Purchasing Acquiring goods or services required for the business at minimal cost
    Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for
    Spend Management Managing the expenditure of a business in order to build its product or services
    Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time
  • + 15 More - Show Less
    • Accounts Payable Handling the money owed by a business to its suppliers.
      Accounts Receivable Handling the money the client owes to the company.
      Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.
      Billing and Invoicing This feature helps in issuing and handling the invoice and bills.
      Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow.
      CPA Firms Offers collaboration with a professional expert for financial and consulting services.
      Cash Management Collection and management of cash.
      Collections Recovery of cash from a business or individual.
      Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.
      Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.
      General Ledger Maintaining and recording all the accounting related transactions.
      Multi-Currency Enables payment and collection in multiple currencies.
      Payroll Handling the salary payable to the employees
      Project Accounting Creation of financial reports specifically designed to track the financial progress of projects
      Purchasing Acquiring goods or services required for the business at minimal cost
      Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for
      Spend Management Managing the expenditure of a business in order to build its product or services
      Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time
  • + 10 More - Show Less
  • Technical Details

    Organization Types Supported
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    • Freelancers
    • Large Enterprises
    • Medium Business
    • Small Business
    Platforms Supported
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    • SaaS/Web/Cloud
    • Mobile - Android
    • Mobile - iOS
    Modes of Support
    • Business Hours
    • Online
    • Business Hours
    • Online
    API Support
    • Available
    • NA

    Reviews & Ratings

    User Rating
    4.1/5 1,834 user ratings
    4.4/5 93 user ratings
    Rating Distribution
    • Excellent

      49.3%
    • Very Good

      34.1%
    • Average

      5.3%
    • Poor

      2.5%
    • Terrible

      8.8%
    • Excellent

      63.4%
    • Very Good

      21.5%
    • Average

      11.8%
    • Poor

      2.2%
    • Terrible

      1.1%
    User Sentiments

      Ease of Use, Free Accounting Software, Professional Invoicing, Automated Recurring Invoices

      Unreliable Payment Processing, Poor Customer Support, Inadequate Bank Synchronization, Limited Mobile App Functionality

      Not Available
    Review Summary

    Wave Apps receives overwhelmingly negative reviews, particularly regarding its customer service and payment processing. Users complain of difficulties accessing funds, unreliable bank connections, and a lack of responsiveness from support. The free accounting software is lauded for its simplicity and basic functionality, but many users find the platform lacking in advanced features and have ultimately switched to paid software like QuickBooks.

    Not Available
      Read All User Reviews Read All User Reviews

    AI-Generated from the text of User Reviews

    Pricing

    Pricing Options
    • Free Trial Not Available
    • Starts at $14.16. Offers Free-forever plan.
    • Free Trial Not Available
    • Starts at $69.00.
    Pricing Plans
    Monthly Plans Annual Plans

    Starter Plan Free

    PRO Plan $14.16 $16.00 per month

    Infinite Platform $69.00 $69.00 per month

     
    View Detailed Pricing
    View Detailed Pricing

    Screenshots & Videos

    Screenshots Transaction
    + 1 More
    Not Available
    Videos Video Thumbnail
    + 2 More
    Video Thumbnail
    + 2 More

    Vendor information

    Company Details Located in: Ontario, Canada Located in: Boston, Massachusetts Founded in: 2015
    Contact Details

    Not available

    https://www.waveapps.com/

    1-800-388-3323

    https://www.botkeeper.com/accounting-partners

    Social Media Handles

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