Wave Customer Reviews 2025 | SoftwareReviews

Wave

Composite Score

8.3 /10

CX Score

8.5 /10

54 Reviews Write a Review

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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!

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Awards & Recognition

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

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2024 Data Quadrant Gold Medalist

Latest Award, 2024

10 Top Rated Capabilities

11 Top Rated Features

Latest Award, 2024

2024 Emotional Footprint Champion

2024

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2024

2023 Data Quadrant Gold Medalist

2023

11 Top Rated Capabilities

11 Top Rated Features

2023

2023 Emotional Footprint Champion

2023

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2023

2022 Data Quadrant Gold Medalist

2022

11 Top Rated Capabilities

11 Top Rated Features

2022

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.

90 Likeliness to Recommend

95 Plan to Renew

1
Since last award

90 Satisfaction of Cost Relative to Value

2
Since last award

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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

Expense Management

Accounts Receivable Invoicing

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Integration APIs

Reconciliation

Budgeting Forecasting

Project Accounting

Cash Flow Management

Dashboards, Analytics and Reporting

Vendor Capability Ratings

Average 86

Ease of Customization

Ease of Implementation

Ease of IT Administration

Usability and Intuitiveness

Business Value Created

Ease of Data Integration

Availability and Quality of Training

Vendor Support

Breadth of Features

Product Strategy and Rate of Improvement

Quality of Features

Wave Reviews

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

Shawn S.

Role: Finance
Industry: Other
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2024

Great for a small business without costing a fort.

Likeliness to Recommend

6 /10

What differentiates Wave from other similar products?

Open source

What is your favorite aspect of this product?

Easy invoicing

What do you dislike most about this product?

Inability to upload documents

What recommendations would you give to someone considering this product?

It is great for a small business. My draw back is you can’t upload receipts so that everything is in one place.

Pros

Trustworthy
Client Friendly Policies
Fair
Altruistic

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

Wave

What is Wave?

Company Details

Book a Free Demo Today!

Awards & Recognition

2024 Data Quadrant Gold Medalist

2024 Emotional Footprint Champion

2023 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2022 Data Quadrant Gold Medalist

Wave Ratings

90 Likeliness to Recommend

95 Plan to Renew

1 Since last award

90 Satisfaction of Cost Relative to Value

2 Since last award

Emotional Footprint Overview

+98 Net Emotional Footprint

How much do users love Wave?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Integration APIs Ability of the software to interface with legacy and other third party applications.

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Wave Reviews

Florence N.

Fantastic Product and Easy to use.

Likeliness to Recommend

Pros

Shawn S.

Great for a small business without costing a fort.

Likeliness to Recommend

Pros

Thomas B S.

Great accounting platform to get started on!

Likeliness to Recommend

Pros

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Feature Ratings

Cost Revenue Tracking

Expense Management

Accounts Receivable Invoicing

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Integration APIs

Reconciliation

Budgeting Forecasting

Project Accounting

Cash Flow Management

Dashboards, Analytics and Reporting

Vendor Capability Ratings

Ease of Customization

Ease of Implementation

Ease of IT Administration

Usability and Intuitiveness

Business Value Created

Ease of Data Integration

Availability and Quality of Training

Vendor Support

Breadth of Features

Product Strategy and Rate of Improvement

Quality of Features