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Wave Reviews & Product Details - Page 3

Wave Overview

What is Wave?

The world's fastest growing small business accounting software.

Wave Details
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Product Description

The world's fastest growing small business accounting software.


Seller Details
Seller
Wave
Year Founded
2009
HQ Location
Ontario, Canada
Twitter
@WaveHQ
18,984 Twitter followers
LinkedIn® Page
www.linkedin.com
309 employees on LinkedIn®

Evan M.
EM
Overview Provided by:

Recent Wave Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
3.5 out of 5
"Serviceable"
Easy to use interface, provides needed features such as invoicing, payment processing, as well as many useful reports.
BD
Bob. D.Small-Business (50 or fewer emp.)
0.0 out of 5
"Not a good company"
I would strongly advise against using Wave for invoicing and client management. After setting up my client in Wave and billing them for $300 with a...
Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
0.0 out of 5
"Wave Disabled my Account without any Warning or Explanation"
Wave was a core part of my business when it was a startup. We ran all of our invoicing through Wave. It worked as expected most time.
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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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Video Reviews

295 Wave Reviews

4.3 out of 5
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295 Wave Reviews
4.3 out of 5
295 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

Overall Review Sentiment for WaveQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Josh W.
JW
CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

Easiest app to duplicate an invoice and charge the customer's card I've used Review collected by and hosted on G2.com.

What do you dislike about Wave?

Their customer service is horrible. If you can even get them, they have no problem lying right to your face. Read other review sites and you'll see! Review collected by and hosted on G2.com.

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

Creating invoices for marketing services Review collected by and hosted on G2.com.

Reggie A.
RA
VP, Customer Experience
Marketing and Advertising
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
What do you like best about Wave?

Very user-friendly, has great help guides, and a vibrant community that collaborates and helps others. Review collected by and hosted on G2.com.

What do you dislike about Wave?

There isn't really anything I've found so far. Great for keeping receipt copies and generating reports. Review collected by and hosted on G2.com.

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

Bookeeping for general business and tax preparation. Helps me save time and focus on the business itself. Review collected by and hosted on G2.com.

Levent U.
LU
R
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Wave?

smart reconciliation and bookkeeping. Work well with bank connections. Review collected by and hosted on G2.com.

What do you dislike about Wave?

no project accounting. needs improvement in project and class side. Review collected by and hosted on G2.com.

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

reliable and easy to access accounting software with invoicing Review collected by and hosted on G2.com.

Martin C.
MC
CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
What do you like best about Wave?

Bank integration works seamlessly. Super easy to tag transactions and close accounting and conciliation of accounts. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Did not extract the full value of Wave yet. Thinking of using payroll, but there is no easy transition from Gusto Review collected by and hosted on G2.com.

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

Tagging data for accountant to easily close books Review collected by and hosted on G2.com.

Matthew M.
MM
Owner
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 free and super easy to use. Gives a small business all the options that you need to get started. Keep track of revenue, and expenses and accept credit card payments all-in-one. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The mobile apps were geared towards receipts and invoices only. Not just tracking expenses or income not related to a Wave invoice. That was my only issue with Wave. My business is mobile so mobile apps are important. Review collected by and hosted on G2.com.

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

I needed accounting software that wasn't going to break the bank but yet give me the benefits of larger accounting software. My business model is recurring monthly revenue, so auth-charge cards saved on file were a huge benefit. Review collected by and hosted on G2.com.

Christopher W.
CW
Director of Finance
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Wave?

Good low cost option to keep your books and records. Invoicing and accepting payments goes smoothly. Review collected by and hosted on G2.com.

What do you dislike about Wave?

No real dislikes, we just outgrew it as a company. Review collected by and hosted on G2.com.

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

Wave provided us with a low cost option to keep our relatively simple books for two subsidiaries. Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
UN
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

The UI seems intuitive. I have to hit the minimum character count, so I am simply typing these words aimlessly. There is literally nothing else I like about this software. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Keep in mind, that the genesis of my issues with Wave has come from within my organization, but we are not wholly at fault for the matter.

Wave's customer service team is nonexistent, and with something as significant as payroll, you want to know that--if there's an issue--you'll have quick access to helping hands. However, you will not find that with Wave. Though the UI is good-looking, Wave doesn't store much useful data for you to access within it. Furthermore, when you want to get, help you'll be limited to speaking with someone via chat. When you have an ongoing issue, it will be someone new every time, so you will be explaining and re-explaining yourself time after time after time. They will make promises to follow up with you via email, but those emails will never come, or they will not address your problem thereby confirming your suspicions that when you were chatting with them they didn't take the time to understand your issue completely. Truly the most difficult organization I have ever experienced. For a brief moment, I connected with a truly kind and attentive customer service rep who followed up with me via email, but after a few email exchanges, he was gone. Never to be heard from again. Again, the needs of my organization are complex, and I inherited a mess to sift through. Maybe if your org is well organized and accurate payroll and tax remittance are high priorities. If it's not, though, then please do not choose Wave. If you have complex needs or don't have an absolute expert in payroll already in-house, then Wave will not be your best bet. Also, what's up with only remitting to, like, 14 states? That'll give you a HUGE headache as you'll have to pay states directly yourself. Not cool. Beware. Review collected by and hosted on G2.com.

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

I think I've been thorough enough in my previous comments. However, I'll share that I've been working through the problem of accurately remitting state taxes to the various states where my distributed employees work. No benefits have been realized at this time. Review collected by and hosted on G2.com.

Josh C.
JC
Co-Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Wave?

It's free to use and do all your accounting. It is easy to get your reports to do taxes or just look at your P & L's. It works great and is quite easy. You can do payroll with it but you do have to pay for that, so if you are a tiny business it works great as you don't need payroll. You can also take online ACH and Credit Card payments. There are fees per payment but they are decently reasonable and they just send the payment to your bank account minus the fee. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The only thing I really don't like is the recurring invoices. It does not name them correctly so instead of going Maintenance Contract Billing 1 then 2 then 3 it gives random names from last invoices you made that don't even have to do with the customer. So I have to rename them and send them instead of having Wave do it automatically. Review collected by and hosted on G2.com.

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

I can really do all of my accounting for my small web design business all in one place I don't need separate programs and it is free. Review collected by and hosted on G2.com.

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

Wave has features that were lacking in other comparable programs. I use the invoice function quite a bit as I bill clients for hourly work. It automatically numbers invoices sequentially, keeps track of paid and unpaid invoices and has an easy set up to accept credit cards and bank payments, a feature lacking in many other basic business programs. It keeps track of income and expenses and will integrate with its accounting function, which I use sparingly because my needs are not great in this regard. I particularly like the fact that it will create receipts to send when payments are received. Invoices and receipts are very polished and professional looking. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The only suggestions I have for Wave is that it should keep track of client emails across functions so I don't have to manually enter it when sending receipts. Review collected by and hosted on G2.com.

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

I am a one person small operation just starting out and Wave makes me seem like a seasoned, serious business. It set up credit card payments easily and with reasonable rates. I can get by with the very robust free version, but hope to expand enough to use the paid version, which is quite reasonable. Review collected by and hosted on G2.com.

AA
President
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

Wave is easy to use, and works very much like QuickBooks. A minimal learning curve also has a mobile app. It also allows you to send recurring invoices with several reminders Review collected by and hosted on G2.com.

What do you dislike about Wave?

Not sure I have found what I dislike about it yet Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

A great cost-effective solution if you are looking for a QuickBooks alternative Review collected by and hosted on G2.com.

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

Syncing my bank account and helping me do my bookkeeping every month easily and time effectively. Review collected by and hosted on G2.com.