Software Alternatives, Accelerators & Startups

Wave Accounting VS Bonsai

Compare Wave Accounting VS Bonsai and see what are their differences

Wave Accounting logo Wave Accounting

Wave makes it easy to be your own boss. Just do what you're good at, and lean on Wave's smart online software for help with invoicing, accounting and payroll.

Bonsai logo Bonsai

One platform to streamline your entire business
  • Wave Accounting Landing page
    Landing page //
    2023-07-17
  • Bonsai
    Image date //
    2024-05-03
  • Bonsai
    Image date //
    2024-05-03
  • Bonsai
    Image date //
    2024-05-03
  • Bonsai
    Image date //
    2024-05-03
  • Bonsai
    Image date //
    2024-05-03
  • Bonsai
    Image date //
    2024-05-03

Bonsai is a one-stop platform for creative and digital agencies, consultancies and professional service providers. It is designed to provide businesses with a complete and real-time overview of their business. Simplify your business operations and consolidate your projects, clients and team into one integrated, easy-to-use platform. From contracts, proposals and project management to client billing and revenue tracking, we've got you covered.

Team Time Tracking: Get an instant report of your team's tracked hours with accurate timesheets & see who's over capacity at a glance. Monitor your business's utilization & get clarity on your team's efficiency & profitability. Fully integrated into project management & billing.

Project Management: Assign projects & tasks to your team, prioritize your week and see exactly how your projects progress. Set project budgets & avoid unexpected costs. Kanban view, integrated timer for easy billing, and collaboration with external partners for an efficient work.

CRM: Manage your clients and their projects in one place. Create unique client profiles with all your notes, contacts, rates and tags. Invite your clients to your branded Client Portal where they can access projects, documents and links you’ve shared with them.

Resource Management: Everything you need to allocate work to your team and track utilization. Manage team capacity, track your budget, tasks and hours and get insights on your business.

Reporting: Get better visibility into your business's performance and financial health with real-time reports. Make informed decisions with profitability reports, utilization reports, and more.

Wave Accounting features and specs

No features have been listed yet.

Bonsai features and specs

  • Project Management: Yes
  • Client CRM: Yes
  • Billing & Invoicing: Yes
  • Team Time Tracking: Yes
  • Collaboration: Yes
  • Client Portal: Yes
  • Contract Management & E-Signature: Yes
  • Proposal Management: Yes
  • Task Tracking: Yes
  • Forms & Surveys: Yes
  • Tax & Bookkeeping Management: Yes
  • Income & Expense Management: Yes
  • Credit Card: Yes
  • Free Document Templates: Yes
  • Quarterly Taxes Estimate: Yes
  • Online Banking: Yes
  • Multi-Currency: Yes
  • Workflow Automation: Yes
  • Scheduling: Yes
  • Resource Management & Planning: Yes

Wave Accounting videos

Wave Accounting Tutorial - Introduction to Wave Accounting for beginners (2019)

Bonsai videos

Intro to Bonsai

Category Popularity

0-100% (relative to Wave Accounting and Bonsai)
Accounting
100 100%
0% 0
Time Tracking
0 0%
100% 100
Bookkeeping
100 100%
0% 0
Project Management
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Wave Accounting and Bonsai

Wave Accounting Reviews

5 Best Alternatives to QuickBooks Accounting Software
1. Xero – beautiful softwareFeaturesPlans and pricing2. Sage – versatile packageFeaturesPlans and pricing3. Zoho Books – affordable softwareFeaturesPlans and pricing4. Wave Accounting – best free alternativeFeaturesPlans and pricing5. FreshBooks – best for self-employedFeaturesPlans and pricing
The 8 Best QuickBooks Alternatives for Small Businesses
Wave Accounting offers custom invoice creation and decent customer management capability. The application is better suited to those that offer services rather than products, since Wave Accounting does not offer inventory tracking or management capability.
Source: www.fool.com
7 Best QuickBooks Alternatives for Small Businesses
Wave Accounting is a completely free accounting software that’s easy to set up and lets you connect your business bank account so your bookkeeping information will appear automatically. Some of the tools built into the product include income and expense tracking, receipt scanning, unlimited collaborators, accounting reports, invoicing and integrations powered by Zapier.
Source: www.fundera.com
20 best accounting software tools
If you’re looking for a free alternative to the more expensive accounting tools such as QuickBooks and FreshBooks, you can try Wave Accounting – you’ll get a cost-effective invoicing and accounting app that allows card processing and handling payroll.
Source: clockify.me
Best Accounting Software for Small Business 2018: QuickBooks vs Xero vs Wave
Wave allows you to accept online payments from customers. Similar to QuickBooks Payments, Wave Payments integrates seamlessly with Wave accounting software. Once you activate Wave Payments, you can send invoices to your customers that include a Pay button they can use to make payments via ACH, debit card, or credit card.

Bonsai Reviews

7 Best QuickBooks Alternatives for Small Businesses
Next up on our list of QuickBooks alternatives is Bonsai — an all-in-one product suite for freelancers that has some nifty accounting features built in. With Bonsai, you can track your billable expenses by creating an expense, assigning it to a project and attaching those expenses to an invoice. You also can connect your bank account to import your expenses. What’s more,...
Source: www.fundera.com

Social recommendations and mentions

Based on our record, Bonsai seems to be more popular. It has been mentiond 2 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Wave Accounting mentions (0)

We have not tracked any mentions of Wave Accounting yet. Tracking of Wave Accounting recommendations started around Mar 2021.

Bonsai mentions (2)

  • How to start a fintech company?
    Hey there, If you want to easily build a first version of your product, I recommend using Stripe. In my company (hellobonsai.com) we've built out a few FinTech products in only a few months thanks to Stripe Treasury (providing an online bank account to our user) and Stripe Issuing (providing bank cards). Source: over 2 years ago
  • Online invoicing/accounting software for international payments?
    I tried a platform called Bonsai (hellobonsai.com), but I dropkicked them for hidden fees. They charged me a currency conversion fee when no currency conversion occurred. Source: over 2 years ago

What are some alternatives?

When comparing Wave Accounting and Bonsai, you can also consider the following products

FreshBooks - The ideal accounting software for small business owners.

AND CO - AND CO helps freelancers, entrepreneurs and other small businesses run their business smarter.

Xero - Xero is online accounting for your small business.

Sage 50cloud - Sage 50cloud is the small business solution for everyday heroes. Plus, new customers enjoy 40% off!

Toggl - Toggl is an online time tracking tool. It features 1-click time tracking and helps you see where your time goes. Free and paid versions are available.

QuickBooks - Business runs better with QuickBooks, the #1 accounting solution for small business.