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Wave Reviews & Product Details - Page 5

Wave Overview

What is Wave?

The world's fastest growing small business accounting software.

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Product Description

The world's fastest growing small business accounting software.


Seller

Wave

Description

Wave is a comprehensive financial services and software company designed specifically for small business owners, freelancers, and consultants. Wave's products include free accounting software, invoicing, and receipt scanning, along with paid payroll services and credit card processing. These tools are specifically tailored to simplify financial tasks commonly encountered by small businesses, allowing users to save time and focus more on running their business.Wave's commitment to affordability and accessibility makes it popular among entrepreneurs who are just starting out or operating on tight budgets. With an intuitive design and straightforward user interface, Wave ensures that managing financial records, handling payroll, and processing transactions can be done with ease. You can explore their full offering and specific features by visiting their website at [https://www.waveapps.com](https://www.waveapps.com).

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Wave Integrations

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Integration information sourced from real user reviews.

Recent Wave Reviews

Lydia K.
LK
Lydia K.Small-Business (50 or fewer emp.)
4.5 out of 5
"How good is Wave."
I like that it is user-friendly, and it has free core features.
Lester H.
LH
Lester H.Small-Business (50 or fewer emp.)
5.0 out of 5
"Great Accounting Software"
It is easy to use and I don't have to have the software installed on my computer.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Great for my nonprofit organization"
The free version is great for a start up nonprofit. It is easy to navigate for someone without a finance background. Customer support has always be...

Wave Media

Wave Demo - chrome-invoice-accounting.jpg
chrome-invoice-accounting.jpg
Wave Demo - chrome-invoice-one-experience.jpg
chrome-invoice-one-experience.jpg
Wave Demo - chrome-invoice-professional-invoices.jpg
chrome-invoice-professional-invoices.jpg
Wave Demo - chrome-invoice-accept-online-payments.jpg
chrome-invoice-accept-online-payments.jpg
Wave Demo - chrome-invoice-recurring-billing.jpg
chrome-invoice-recurring-billing.jpg
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298 Wave Reviews

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298 Wave Reviews
4.3 out of 5
298 Wave Reviews
4.3 out of 5

Wave Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Retail
AR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

Wave is a great low-cost alternative to more expensive software packages like Quickbooks, with the same functionality. Add ons make it a robust package without breaking the bank. It allows me to do most of the things I need without needing to be in front of a computer (it is mobile-friendly) and pass off the quarterly and payroll items to my accountant without losing control. Review collected by and hosted on G2.com.

What do you dislike about Wave?

It took a while for my accountant to figure out how to best work with Wave - he was so used to Quickbooks. I dislike that they remove a dedicated app for reciept management. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

Don't try to migrate to or from Wave. It is best for new organizations. Data portability is not an issue, but it is not easy to bring over people who are used to a different accounting software package without a lot of complaining about learning something new. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Basic accounting needs for my SMB without spending unnecessary monthly fees. Huge time-savings with Wave and a more intuitive interface than Quickbooks. Review collected by and hosted on G2.com.

Andre A.
AA
Head of Management Information Systems Unit
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

Straightforward and clear accounting software has many valuable features continuously updated with new options. excellent free options that can cover the needs of most people Review collected by and hosted on G2.com.

What do you dislike about Wave?

The website sometimes freezes when the connection is not very stable; you have to repeat the action more than once for it to go through. Not a lot of integration features are available. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

Very good solution if your looking for a very easy to use accounting system Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Wave is helping streamline personal and some of my online business accounting and billing needs, with sales, forecasting, cash flow management, customer management. Review collected by and hosted on G2.com.

Kai "Kevin" C.
KC
Founder and CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Wave?

It's one of the more affordable options out there, and if you use it out of the box, there is not a lot of complexity to it. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The customer support experience is really poor. They don't always respond to your emails even though they promise a 2-business day response time. Customer support chat is the only other option, but it can be a long wait and the agents like to disconnect you if you don't respond or they have a whiff of you being away from the keyboard for a minute. There is no call support option.

If your company needs to do anything custom like adjust statutory holidays (e.g. following provincial instead of federal stat holidays), then you're out of luck and will need to make many complex manual adjustments. The documentation around this is lacking. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Just having payroll for the company. Review collected by and hosted on G2.com.

ST
Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

The fact that it does everything Quickbooks does (and more) and is FREE. I've used Quickbooks for 15 years, and I started having a lot of issues with the software and their customer service. I tried Wave out a couple of years ago but ended up going back to QB for their mobile app. However, QB started taking features away from the app, so I saw no reason to keep paying so much money for something when Wave does it all for free. And when it comes to the payment processing fees, those are very competitive and better than QB, too. Overall I'm saving hundreds of dollars per month between all of my companies using Wave, and yet I'm not missing any features at all; in fact, I've gained features such as easily switching between companies in the same window without signing out and back in. Their customer service has always been great as well. Just overall, a much, much better experience, and I am very happy I made the switch to Wave. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The lack of a fully functioning mobile app. I don't do that much on mobile anyway, and what I do need mobile for they do have good apps for that, such as checking invoices. But it would be great to have a fully functioning app though I'm sure that's coming. The other thing is categorizing transactions is a little weird sometimes. For example, categorizing transfers took some getting used to, but that really isn't a big deal. Overall, I can't think of anything I truly dislike. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

Try it out; it's free! I'd say give it some time at first because, like with any new software, you have to learn how they do things. But it really is a great software. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Accounting for multiple companies, sending invoices, receiving payments online, and automatic recurring payments. Also pulling reports and categorizing transactions automatically from my bank. Review collected by and hosted on G2.com.

Gabrielle M.
GM
Executive Director
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

Simple to use; invoicing, reports and recording all in one place Review collected by and hosted on G2.com.

What do you dislike about Wave?

Some things were a little tricky to understand so maybe a detailed tutorial would have been helpful Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

Great for US and Canadian businesses Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Definitely solving a time issue where record keeping is concerned and it helped me send out my invoices on time Review collected by and hosted on G2.com.

Verified User in Wholesale
UW
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

Online/cloud-based accounting - Use it anywhere! Pricing is unbeatable, really, and features are added almost monthly. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Need more forms print tools, such as packing slips/pick lists, inventory management sheets, and CRM reports. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

When running a small business, you are serious about watching your cash flow each month with expenses. The bare-bones pricing on this product gives you features that you would likely pay $50-$100 for each month from other products Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

It solves my challenge of needing basic small business accounting without spending a lot of money on monthly fees. Review collected by and hosted on G2.com.

Puran S.
PS
Co-Founder & COO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

I was using excel to create invoices and it was getting difficult for me to manage over excel hence start searching for a free invoicing tool and found Wave Accounting. I set it up in less than an hour and started creating invoices, it was very easy to set up and work on it. Review collected by and hosted on G2.com.

What do you dislike about Wave?

I used it for a couple of months and then got an email from their team that they are going to stop their operations in some of the countries like India and Japan so I needed to move to Zoho Books. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

I can't say much as they are not providing their services out of America and Canada, I think. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

I was mainly using it for creating and customizing invoices. It was quite very easy to create an invoice on the Wave Accounting tool. Review collected by and hosted on G2.com.

James K.
JK
Research Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

It's easy to generate estimates for your clients and easily convert these estimates into invoice. The best part is, the software does all accounting entries for you. I am able to track my outstanding invoices. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Wave is a great app I must say. Ever since I started using Wave, I have not experienced any difficulties or challenges. The app is seamless and I love the mobile (android app) version. One dislike, however, is that the mobile app doesn't allow users to create estimates. It only allows us to create invoices. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

As a small business owner, the main challenge I have is monitoring my finances and my books. With the Wave App, I can do this with less effort and without spending a lot of money on accounting services. Review collected by and hosted on G2.com.

Tisha H.
TH
Storyteller
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

One of my favorite income-producing activities with Wave is turning on the recurring invoice feature for clients who opt for booking my media and creative business growth services by annual retainer. In one task, Wave takes care of the payment processing long-term. Yay! Review collected by and hosted on G2.com.

What do you dislike about Wave?

I do wish that I could fully utilize the payroll feature on Wave; however, Michigan is a self-service state at this time. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

My recommendation is to use as many of the Wave features as you possibly can, as early on as possible. Maximizing automation buys back time for you to do more of what you love. Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

Wave helps me reconcile bank transactions, prepares and distributes my company invoices, and sends reminders and receipts when paid in full. I appreciate how many different payment options that my clients have through Wave. Review collected by and hosted on G2.com.

Jason C.
JC
Creative Imagineer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Wave?

Easy to use platform and quick learning curve to pick up the basics Review collected by and hosted on G2.com.

What do you dislike about Wave?

Sadly back in 2020 Wave stopped supporting live bank feeds in the UK which forced me to move to a new provider Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

A great accounting and billing system for businesses outside of the UK Review collected by and hosted on G2.com.

What problems is Wave solving and how is that benefiting you?

It was a perfect fit for my freelance business and I was sad to have to leave them but businesses outside of the UK will have a great experience with WAVE Review collected by and hosted on G2.com.