18 Best Alternatives to Wave Accounting in May 2024

Alternatives & Competitors to Wave Accounting

Here are competitors or alternatives to Wave Accounting and other similar Accounting software. You need to consider some important factors when choosing a tool like Wave Accounting for your business: the main features of each solution, ease of use of user interface, pricing or value for money for instance. Each software has its pros and cons so it's up to you to choose the best alternative to Wave Accounting that meets the needs of your small business. To help you compare each app and choose the right solution, we have put together a list of the best competitors of Wave Accounting. Discover sofware like QuickBooks, FreshBooks, Gusto or Xero.

List of Alternatives to Wave Accounting

From Accounting tools, we have selected the best alternatives to Wave Accounting based on reviews for each solution and similarities with Wave Accounting. Of course, each solution has its benefits and drawbacks, and its own features but, whether you are a small business, a startup or a large enterprise, you will find the right choice that empowers your projects.

logo quickbooks

Description

Quickbooks is a software that will allow you to manage your accounting quickly and easily. Record your expenses with simple photos, analyze your cash flow, manage your unpaid bills, and many other tasks that will simplify your accounting life.

QuickBooks compared to Wave Accounting

Wave Accounting is a better solution based on percentage of positive reviews than QuickBooks: 89 vs 85

Wave Accounting is better at ease to use than QuickBooks: 4.5 vs 4.0

Wave Accounting is better at value for money than QuickBooks: 4.7 vs 4.1

QuickBooks is more versatile than Wave Accounting: 164 vs 73

QuickBooks: Pros & Cons

User interface: Quickbooks software has a pleasant user interface
Software integrations: There are many relevant integrations
Customizable reports: The detailed information provided by the online solution helps to improve the workflow
Expensive tool: Price plans with the most interesting features are priced high
Learning curve: Easy to use, but takes a long time to get the most out of the tool
Customer service: Support is mostly based on the community and online forums

Best features

  • - Adapt your billing to your needs

  • - Keep your accounts up to date efficiently

  • - Monitor your performance

  • - Monitor your cash flow and forecasts

  • - Automate your tax calculations

  • - Access all your data on a single platform

  • - Digitize all your expenses

QuickBooks pricing

Simple Start

$30 / month

Essentials

$55 / month

Plus

$85 / month

Advanced

$200 / month
30% off for 6 months (Save $360)
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FreshBooks Logo

Description

FreshBooks is a cloud-based accounting solution designed to simplify financial management for small business owners and freelancers. Whether you’re on the go or at the office, FreshBooks keeps your finances organized and accessible.

FreshBooks compared to Wave Accounting

FreshBooks has better positive reviews than Wave Accounting: 92 vs 89

FreshBooks is better at customer support than Wave Accounting: 4.4 vs 4.0

Wave Accounting pricing plans are more competitive than FreshBooks: 4.7 vs 4.3

FreshBooks has more options than Wave Accounting: 107 vs 73

FreshBooks: Pros & Cons

Robust time tracking and project management: FreshBooks provides excellent time tracking and project management tools, particularly beneficial for freelancers and service-based businesses
User-friendly interface: FreshBooks offers an intuitive and easy-to-navigate interface, making it accessible for users without extensive accounting knowledge
Comprehensive invoicing features: The platform excels in its invoicing capabilities, allowing for customizable, professional invoices
Limited advanced accounting features: FreshBooks may lack certain advanced features like complex inventory management or in-depth financial forecasting
Cost factor: While FreshBooks offers a range of pricing plans, it can become expensive, especially for businesses requiring additional team members or more advanced features
Limited customization in reporting: While FreshBooks does provides essential financial reports, the options for customization and in-depth analysis in reporting are somewhat limited

Best features

  • - Easy invoicing

  • - Client management

  • - Mobile app

  • - Expense tracking

  • - Time tracking

  • - Project management

  • - Financial reporting

  • - Automated payment reminders

FreshBooks pricing

Select

Contact sales

Lite

$17 / month

Plus

$30 / month

Premium

$55 / month
90% off for 4 months (Save $169)
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logo gusto

Description

Gusto helps growing businesses manage their HR tasks easily, so they can keep scaling up.

Gusto compared to Wave Accounting

Gusto is a better solution based on percentage of positive reviews than Wave Accounting: 94 vs 89

Gusto is a better solution for customer support than Wave Accounting: 4.5 vs 4.0

Wave Accounting is more suitable for small businesses thanks to its good value for money than Gusto: 4.7 vs 4.5

Wave Accounting has more options than Gusto: 73 vs 67

Gusto: Pros & Cons

Ease of use: Employee and contractor payroll runs smoothly
Automation features: Tax reporting is done automatically
Savings: The solution offers a high-yield savings account
Some shortcomings: No billing or accounts receivable features
Platform cost: Gusto can be expensive due to per-person pricing
Document signing: It is necessary to use third-party tools such as DocuSign to perform an electronic signature

Best features

  • - Collaborate on your decisions

  • - Improve payroll payment

  • - Automate tasks

  • - Boost performance and skills

  • - Provide real benefits to your employees

  • - Easily hire new talent

Gusto pricing

Premium

Contact sales

Simple

$40 / month

Plus

$80 / month
3 months free / Unlimited users (Save $483)
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logo xero

Description

The Xero platform is the ideal accounting tool for small and medium-sized businesses. With it, you can pay invoices and track expenses and income with ease.

Xero compared to Wave Accounting

Wave Accounting has better positive reviews compared to Xero: 89 vs 86

Wave Accounting is more suitable for small businesses thanks to its good value for money than Xero: 4.7 vs 4.2

Xero has more options than Wave Accounting: 173 vs 73

Xero: Pros & Cons

User-friendly interface: The accounting tool's interface is clear and attractive.
Real-time information: Xero's solution connects to your bank to track bank flows in real time.
Unlimited users: Ideal for collaboration, the tool allows an unlimited number of users.
Purchasing and inventory management: these functions are too limited
Customization options: It's difficult to adapt the tool to the specific needs of the company.
No telephone support: Support is only available via chat or email.

Best features

  • - Centralized needs

  • - Quote creation

  • - Inventory management

  • - Analytical reporting

  • - Online support

  • - Mobile application

  • - Online invoicing

Xero pricing

Starter

$14 / month

Standard

$29 / month

Premium

$54 / month

Ultimate

$62 / month
1 month free (Save $40)
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logo honeybook

Description

HoneyBook is an all-in-one clientflow management platform designed for independent businesses and freelancers. It offers a suite of tools including online contracts, invoices, payments, proposals, scheduling, and automations to streamline client interactions and business processes.

HoneyBook compared to Wave Accounting

HoneyBook has better positive reviews compared to Wave Accounting: 97 vs 89

HoneyBook is better at customer service than Wave Accounting: 5.0 vs 4.0

HoneyBook has more features than Wave Accounting: 135 vs 73

HoneyBook: Pros & Cons

Comprehensive tools: HoneyBook offers a wide range of features for client management, invoicing, and project tracking
Time-saving automation: The platform allows you to automate workflows for emails, contracts, and payments to save time and reduce administrative tasks
User-friendly interface: HoneyBook’s intuitive design makes it easy for freelancers and small businesses to adopt and use effectively
Pricing for small businesses: The monthly subscription model might prove expensive for very small businesses or freelancers just getting started
Learning curve: Some users may experience a learning curve with the extensive features and functionalities
Customization limits: While offering many templates, some users might find HoneyBook’s customization options limited for their specific needs

Best features

  • - Client portals

  • - Customizable templates

  • - Integrated CRM

  • - Automation tools

  • - Project management

  • - Online payments

  • - Scheduling

  • - Reporting and insights

HoneyBook pricing

Starter

$19 / month

Essentials

$39 / month

Premium

$79 / month
55% off for 1 year (Save $521)
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Secret.

Go Premium

Get access to all our 361+ Premium deals for only $149/year.

logo melio

Description

The Melio solution facilitates the management of your company by simplifying your payments. You can make all your expense payments and invoices online. At any time, you decide how to pay your suppliers and subcontractors.

Melio compared to Wave Accounting

Wave Accounting has better positive reviews compared to Melio: 89 vs 74

Wave Accounting is better at customer service than Melio: 4.0 vs 3.5

Wave Accounting is more user friendly than Melio: 4.5 vs 4.0

Wave Accounting is better at value for money than Melio: 4.7 vs 4.2

Wave Accounting is more versatile than Melio: 73 vs 55

Melio: Pros & Cons

ACH payments: ACH to ACH payments on Melio are free
Solution usability: Melio's free platform is user-friendly and attractive, with no subscription fees.
Document scanning: The platform offers to digitize receipts and invoices
Few integrations: The solution offers only a few software integrations
Suitable for SMEs: Melio does not address the business issues of large companies
High price: The pricing per operation can increase the total cost of the tool relatively quickly

Best features

  • - Get paid with peace of mind

  • - Maintain full control over operations

  • - Centralize your needs

  • - Pay with ease

  • - Streamline your workflow

  • - Automate your payments

  • - Receive payments faster

$100 cashback on your first payment of $200 or more (Save $100)
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logo every

Description

The Every platform supports founders in the management of their company’s finances. From accounting to treasury to HR, Every offers complete functionalities to help you optimize your financial management.

Every compared to Wave Accounting

Wave Accounting has better positive reviews than Every: 89 vs 85

Every is better at customer support than Wave Accounting: 4.6 vs 4.0

Wave Accounting is more suitable for small businesses thanks to its good value for money than Every: 4.7 vs 4.4

Wave Accounting is better at number of features than Every: 73 vs 52

Best features

  • - Outsource your accounting management

  • - Make your corporate cash flow grow

  • - Get your daily actions done, fast

  • - Benefit from HR support

  • - Hire and pay your employees

Every pricing

Banking & Treasury

Free

HR, Payroll & Benefits

$25 / user / month

Bookkeping & Tax

$150 / month
9 months free on the HR plan (Save $2,250)
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logo quickbooks desktop pro

Description

QuickBooks Desktop Pro brings value in terms of efficient and accurate financial management for small to medium-sized businesses, including features such as invoice creation, expense tracking, financial reporting, and inventory management.

QuickBooks Desktop Pro compared to Wave Accounting

Wave Accounting has better positive reviews than QuickBooks Desktop Pro: 89 vs 88

Wave Accounting pricing plans are more competitive than QuickBooks Desktop Pro: 4.7 vs 4.2

Wave Accounting has more functions than QuickBooks Desktop Pro: 73 vs 26

QuickBooks Desktop Pro: Pros & Cons

Flexible tool: The platform integrates easily with other systems or third-party applications
Relevant features: Quickbooks Desktop Pro offers inventory management and employee time tracking
Tax assistance: The tool provides access to a vast network of independent advisors
Learning curve: The software tool requires investment to master
Number of users: The number of users is limited by the software
Desktop version: The desktop version of the tool requires installation on the computer in order to function

Best features

  • - Stay on top of finances with ease

  • - Sales management

  • - Recurring invoicing

  • - Financing management

  • - Invoice like a pro

  • - Smart banking integration

  • - Powerful inventory management

  • - Recurring/subscription billing

  • - Simplify tax time

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logo wave accounting

Description

Wave Accounting brings value by providing small business owners with accessible and easy-to-use financial management software, allowing them to streamline their accounting and focus more on growing their business.

Wave Accounting: Pros & Cons

Ergonomic tool: The platform is simple and pleasant to use
Unlimited invoicing: Unlimited expenses, invoices and receipts
Free package: The free plan is very comprehensive and relevant
Customer service: Support could be improved
Third-party integrations: It is not possible to use software integrations to add functionality
Mobile app: The mobile app is very limited in terms of functionality

Best features

  • - Automated bookkeeping

  • - Account reconciliation

  • - PCI compliance

  • - SSL security

  • - Easy invoicing

  • - Track expenses like a pro

  • - Bank reconciliation made simple

  • - Free forever

  • - Financial analysis

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NetSuite Logo

Description

Netsuite brings immense value to businesses by providing a comprehensive suite of cloud-based software solutions for managing crucial aspects of operations, including financials, customer relationship management (CRM), e-commerce, inventory management, and more. This all-in-one platform helps streamline processes, increase efficiency, enhance collaboration, and gain valuable insights, ultimately enabling businesses to make informed decisions, drive growth, and achieve long-term success.

Netsuite compared to Wave Accounting

Wave Accounting has more positive reviews than Netsuite: 89 vs 81

Wave Accounting is better at support than Netsuite: 4.0 vs 3.5

Wave Accounting is easy to use compared to Netsuite: 4.5 vs 4.0

Wave Accounting pricing plans are more competitive than Netsuite: 4.7 vs 3.7

Netsuite is more versatile than Wave Accounting: 315 vs 73

Netsuite: Pros & Cons

Streamlined business processes: Netsuite automates and integrates essential business functions, reducing manual work and increasing efficiency
Real-time visibility: Get instant access to accurate financial and operational data, enabling quick decision-making
Scalability: As your business grows, Netsuite scales with you, providing a flexible and customizable platform.
Limited customization options: Netsuite's rigid structure may not allow for extensive customization to fit unique business needs
Steep learning curve: The complexity of Netsuite may require significant time and effort to fully understand and utilize
Expensive pricing: Netsuite's pricing can be prohibitive for startups with limited budgets and resources.

Best features

  • - Real-Time Analytics

  • - Streamline Business Operations

  • - Efficient Inventory Management

  • - Seamless E-commerce Integration

  • - 360-Degree Customer View

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stripe billing logo

Description

Stripe Billing is a subscription and billing management platform designed for businesses. It provides tools for creating and managing recurring payments, invoicing, and transaction tracking. The software also supports a range of payment methods, including credit cards, bank transfers, and digital wallets. With its robust API, it can be integrated into various business systems for seamless financial operations.

Stripe billing compared to Wave Accounting

Stripe billing is a better solution based on percentage of positive reviews than Wave Accounting: 97 vs 89

Stripe billing is a better solution for customer support than Wave Accounting: 4.7 vs 4.0

Stripe billing's user interface is more convenient than Wave Accounting: 4.6 vs 4.5

Wave Accounting pricing plans are more competitive than Stripe billing: 4.7 vs 4.5

Wave Accounting has more functions than Stripe billing: 73 vs 62

Stripe billing: Pros & Cons

Ease of Use: Stripe Billing provides a user-friendly interface that makes it easy for businesses to manage and track their billing
Flexibility: The software supports a wide range of payment options, including credit cards, debit cards, and digital wallets, providing convenience for customers
Automation: Stripe Billing offers automated invoicing and payment reminders, reducing the time and effort required for manual follow-ups.
High transaction fees: Stripe Billing charges a percentage plus a fixed fee per transaction, which can become quite expensive for businesses with high volumes of transactions
Limited customization: While Stripe Billing has a range of features, there is limited scope for customization to fit specific business needs
Complex setup: The initial setup of Stripe Billing can be complex and time-consuming, particularly for businesses without much technical expertise.

Best features

  • - Simplified Recurring and Subscription-based Billing

  • - Global Payment Support

  • - Enhanced Customer Experience Features

  • - Seamless Integration and Customization

  • - Detailed Reporting and Analytics

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hiveage logo

Description

Hiveage is an online billing software designed for small businesses and freelancers. It provides features for invoicing, expense tracking, time tracking, and online payments. It also offers detailed reports and insights to help manage your business finances efficiently. Hiveage supports multiple currencies and languages, making it suitable for international businesses.

Hiveage compared to Wave Accounting

Hiveage is a better solution based on percentage of positive reviews than Wave Accounting: 98 vs 89

Hiveage is a better solution for customer support than Wave Accounting: 5.0 vs 4.0

Hiveage's user interface is more convenient than Wave Accounting: 5.0 vs 4.5

Hiveage pricing plans are more competitive than Wave Accounting: 4.9 vs 4.7

Wave Accounting has more options than Hiveage: 73 vs 33

Hiveage: Pros & Cons

Ease of Use: Hiveage is user-friendly, with a simple and intuitive interface that makes it easy to navigate and manage invoicing and billing
Customization: It allows users to customize invoices, estimates, and other financial documents to match their brand identity
Automation: Hiveage offers automation features that can save time by automating recurring invoices, payment reminders, and thank you notes.
Limited Customization: Hiveage does not offer extensive customization options for invoices and reports, which may not meet the needs of businesses requiring specific formats
No Offline Access: The software is entirely cloud-based, meaning that users cannot access their data or use the software without an internet connection
Learning Curve: Some users find Hiveage's interface and features to be somewhat complex and challenging to learn, particularly for those who are not tech-savvy.

Best features

  • - Cloud-based system

  • - Multiple functionalities

  • - Global operations support

  • - Integration with payment gateways

  • - Availability on multiple platforms

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lessaccounting logo

Description

LessAccounting is a cloud-based accounting software designed for small businesses. It offers features like income and expense tracking, invoicing, proposals, contact management, and financial reports. The software also provides integration with various payment gateways and business applications. Its aim is to simplify accounting tasks and reduce paperwork, enabling businesses to focus more on their core operations.

Lessaccounting compared to Wave Accounting

Lessaccounting has better positive reviews than Wave Accounting: 92 vs 89

Lessaccounting is better at customer support than Wave Accounting: 4.5 vs 4.0

Wave Accounting is better at value for money than Lessaccounting: 4.7 vs 4.4

Wave Accounting has more features than Lessaccounting: 73 vs 47

Lessaccounting: Pros & Cons

Simplified Accounting: LessAccounting simplifies the accounting process by automating many tasks, making it easier for businesses to keep track of their finances
Time-Saving: The software saves time by automating tasks such as expense tracking, invoicing, and creating financial reports
User-Friendly Interface: LessAccounting has a user-friendly interface that is easy to navigate, making it accessible even for those without an accounting background.
Limited features: LessAccounting has a more limited set of features compared to other accounting software, which may not fully meet the needs of larger businesses
Price: The software is relatively expensive, especially for small businesses or freelancers who may not need all the features offered
User interface: Some users find the interface less intuitive and harder to navigate than other accounting software.

Best features

  • - Expense Tracking

  • - Billing

  • - Financial Reports

  • - Contact Management

  • - Integration capability

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logo leanpay

Description

Monitor your receivables in real time and plan your customer reminders to speed up collection.

LeanPay compared to Wave Accounting

LeanPay has better positive reviews compared to Wave Accounting: 100 vs 89

LeanPay is better at customer service than Wave Accounting: 5.0 vs 4.0

LeanPay is easy to use compared to Wave Accounting: 5.0 vs 4.5

LeanPay has more functions than Wave Accounting: 105 vs 73

Best features

  • - Low transaction fees

  • - Secure payment processing

  • - Multi-currency support

  • - Detailed reporting and analytics

  • - 24/7 Customer Support

  • - Integrations with popular tools

  • - Quick and easy onboarding

  • - Customizable payment pages

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logo equify

Description

New generation equity and shareholders management tool

Equify compared to Wave Accounting

Wave Accounting has better positive reviews than Equify: 89 vs 85

Equify is better at customer support than Wave Accounting: 4.6 vs 4.0

Wave Accounting pricing plans are more competitive than Equify: 4.7 vs 4.4

Wave Accounting has more functions than Equify: 73 vs 52

Best features

  • - Instant insights

  • - Streamlined invoicing

  • - Simple payroll management

  • - Intuitive budgeting

  • - Expert advice & support

  • - Bank-level security

  • - Effortless expense tracking

  • - Real-time data syncing

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logo gssn

Description

GSSN (Global Startup Studio Network) exists to give startups the power to create and grow powerful businesses and make a meaningful impact, wherever they call home.

GSSN compared to Wave Accounting

Wave Accounting has better positive reviews compared to GSSN: 89 vs 85

GSSN is better at customer service than Wave Accounting: 4.6 vs 4.0

Wave Accounting pricing plans are more competitive than GSSN: 4.7 vs 4.4

Wave Accounting is better at number of features than GSSN: 73 vs 52

Best features

  • - Empowerment

  • - Selfless service

  • - Unwavering integrity

  • - Proactive action

  • - Joyful celebration

  • - Unyielding drive

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logo tradein

Description

Anticipate your customers' ability to pay to control your cash flow.

TradeIn compared to Wave Accounting

TradeIn has more positive reviews than Wave Accounting: 100 vs 89

TradeIn is better at support than Wave Accounting: 4.8 vs 4.0

TradeIn is easier to use than Wave Accounting: 4.8 vs 4.5

Wave Accounting is more suitable for small businesses thanks to its good value for money than TradeIn: 4.7 vs 4.0

Wave Accounting is better at number of features than TradeIn: 73 vs 3

Best features

  • - TradeInCash: Streamlined cash management

  • - TradeInSupply: Strategic supplier relationship management

  • - TradeInFinance: Data-driven receivables financing

  • - TradeInsights: Real-time credit assessment

  • - TradeInPilot: Dynamic accounts receivable management

  • - TradeInsur: Secure invoicing with risk mitigation

  • - TradeInConformity: Streamline third-party compliance

  • - API integration for real-time information

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logo ça compte pour moi

Description

Registered with the OEC, the Order of Chartered Accountants, Ça Compte Pour Moi, an online accounting firm, has supported more than 2,500 business leaders throughout France since 2015.

Ça Compte Pour Moi compared to Wave Accounting

Wave Accounting has better positive reviews compared to Ça Compte Pour Moi: 89 vs 85

Ça Compte Pour Moi is better at customer service than Wave Accounting: 4.6 vs 4.0

Wave Accounting is more suitable for small businesses thanks to its good value for money than Ça Compte Pour Moi: 4.7 vs 4.4

Wave Accounting has more options than Ça Compte Pour Moi: 73 vs 52

Best features

  • - Easy invoicing

  • - Expense tracking

  • - Financial reports

  • - Mobile app access

  • - Automatic reminders

  • - Tax management

  • - Multi-currency support

  • - Customer support

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