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Wave Reviews & Product Details

Wave Overview

What is Wave?

The world's fastest growing small business accounting software.

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Languages Supported
English
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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
18,973 Twitter followers
LinkedIn® Page
www.linkedin.com
309 employees on LinkedIn®
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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Overview Provided by:

Wave Integrations

(4)
Integration information sourced from real user reviews.

Recent Wave Reviews

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.
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...

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Video Reviews

298 Wave Reviews

4.3 out of 5
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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.
JK
Arts & Media Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

Onboarding was simple and fast. Use is reliable and I have already been gathering contact info from others. It integrates will with my contacts and have no issues with accessing the information later. Because of Wave, I am using it more than my paper cards! I have also recommended Wave to a few friends who were looking for a low cost option for digital business cards. Review collected by and hosted on G2.com.

What do you dislike about Wave?

It sometimes takes a while for the recipient to actually see the contact info on their device. Not sure if it is on their end or an issue with Wave servers. Also the Apple Wallet card needs a header as it can be difficult to find - it shows in the list as a white card. Review collected by and hosted on G2.com.

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

Keeping my accounts in order Review collected by and hosted on G2.com.

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

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 been helpful. Review collected by and hosted on G2.com.

What do you dislike about Wave?

I don't have a finance background to having the help articles be a little more clear would be helpful. Review collected by and hosted on G2.com.

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

I often need accounting reports for the grants I apply for. Wave is helpful in running these reports. Review collected by and hosted on G2.com.

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

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 second $1,400 proposal that was almost immediately accepted, Wave suddenly and without explanation closed my account and refunded my customer.

This was not only a massive inconvenience, but it also caused significant embarrassment for me with my client. What’s worse, their support team was unresponsive and unhelpful. Despite reaching out for an explanation, I was met with a complete lack of accountability or a clear reason for their actions. Review collected by and hosted on G2.com.

What do you dislike about Wave?

I have since switched to FreshBooks, where I’ve received much better service and support. Wave’s mishandling of my account caused major disruptions in my business, and I cannot recommend Wave to anyone. In fact, I would actively warn freelancers and small business owners to avoid them. They simply can’t be trusted to treat their users with respect, and their support department was completely unhelpful. Review collected by and hosted on G2.com.

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

Oh, Wave is solving ALL of your problems—but not in the way you might think! They’re solving the mystery of how to completely humiliate a professional in front of their clients, for starters. Who knew you needed help getting your account shut down with zero explanation, just when you were trying to get paid? Wave’s expert support team is fantastically adept at vanishing when you need them most. Refund your customer? Sure, why not! That’ll definitely win them over!

And don’t forget their stellar payment processing times—nothing says efficiency like waiting the full 7 business days for an ACH payment they promised would arrive sooner. They’re also doing you the favor of showing how little human interaction you need by offering AI-driven support bots! Because who needs real people when you’ve got a chatbot that’s just as helpful as talking to a wall?

Wave is truly revolutionizing how business owners lose their clients and their minds, one frustrating interaction at a time. Review collected by and hosted on G2.com.

LK
D365 Finance Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic Review from User Profile
What do you like best about Wave?

I like that it is user-friendly, and it has free core features. Review collected by and hosted on G2.com.

What do you dislike about Wave?

It does not have capacity for a large company, it's for small companies. Review collected by and hosted on G2.com.

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

Wave is solving a lot of problems like bookkeeping in my company, invoicing and payroll. I t really helps a lot. Review collected by and hosted on G2.com.

KN
Strategist
Marketing and Advertising
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Rating Updated ()
What do you like best about Wave?

It has a clean interface and is easy to use for basic bookkeeping. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The billing side of the software has a bug. It didn't even notify me that payments were failing, and so it has cost the company several thousand dollars in lost revenue.

I contacted support last month and have been following up, but their responses are incredibly slow and ineffective, and they have not even indicated that they know how to resolve the problem yet. Review collected by and hosted on G2.com.

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

Bookkeeping and invoicing Review collected by and hosted on G2.com.

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

Easy to use interface, provides needed features such as invoicing, payment processing, as well as many useful reports. Review collected by and hosted on G2.com.

What do you dislike about Wave?

The amount of or lack thereof intergrations available. Review collected by and hosted on G2.com.

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

Allows me to accept online/mobile payments from debit & credit cards as well as multiple p2p platforms (paypal, cash app, apple cash, venmo, etc). In addition it also satisfies my book keeping needs. Review collected by and hosted on G2.com.

Verified User in Marketing and Advertising
AM
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Rating Updated ()
What do you like best about Wave?

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. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Wave disabled our account without any warning or explanation as to why.

This is extremely problemmatic in any business, so I would never recommend Wave to another small business. Review collected by and hosted on G2.com.

Recommendations to others considering Wave:

Just do it. Review collected by and hosted on G2.com.

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

I use wave for all of my invoicing and stage-1 accounting. It allows us to see snapshots of our business at any given moment without having to go to the accountant asking for a report. Review collected by and hosted on G2.com.

EC
Book Coach and Developmental Editor
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Wave?

It is so easy to create bills and automatically send them, duplicate past bills, and set automatic reminders. There are other offerings I don't currently take advantage of, but for what I use it for it's brilliant. I moved to Wave from Paypal because Paypal raised their prices without my being aware of it. Wave has reasonable pricing while focussing on a great billing system. I also love how they simplify legal language on the side of the original text when they have a change of terms.

I now use Wave for all of my billing.

Customer support has also been very friendly and helpful. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Sometimes the stats on the dashboard are confusing and more explanations could be helpful. Also, I don't like how discounts are handled: they show up as a 100% price income + partial return or something silly like that. It's really confusing, unnecessary, and messes with my stats. So I don't use the discount feature anymore but simply charge the lower price in my billing without the discount showing as such.

Also, I don't like that the invoice number shows in the reference line when sending, so I always delete that--but I'm happy it's deletable, so thank you Wave! Review collected by and hosted on G2.com.

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

Wave is allowing me to bill my clients with ease and confidence, at a price that is better than other programs out there. Review collected by and hosted on G2.com.

DD
Vice President Marketing
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Wave?

Their invoicing system is very easy to use and customer friendly.

They also charge a reasonable amount for credit card processing for small companies. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Bank integration for bill payment tracking can get a little confusing. Review collected by and hosted on G2.com.

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

Very user-friendly accounting interface that allows me to keep track of invoices and receive payments from clients. Review collected by and hosted on G2.com.

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

My income taxes are basically done as we go on any taken day. If you got everything categorized your taxes are always done. Review collected by and hosted on G2.com.

What do you dislike about Wave?

Unless you get an optional paid subscription services that many business don't even need you can not get any support not by email nor by Messenger or on the phone. Review collected by and hosted on G2.com.

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

Wave is CRA-approved in Canada, it is built based on income tax regulations in Canada (if you choose your country as Canada). Takes the guesswork on what is or isn't tax deductible, GST, etc. Review collected by and hosted on G2.com.