Software Alternatives & Reviews

Xero VS Wave Financial

Compare Xero VS Wave Financial and see what are their differences

Xero logo Xero

Xero is online accounting for your small business.

Wave Financial logo Wave Financial

Award-winning financial software designed for entrepreneurs.
  • Xero Landing page
    Landing page //
    2023-10-19
  • Wave Financial Landing page
    Landing page //
    2023-09-06

Xero

Categories
  • Accounting
  • Small Business
  • Bookkeeping
  • Finance
  • Accounts Receivables
Website xero.com
Pricing URL Official Xero Pricing
Details $paid Free Trial $9.0 / Monthly (Send 5 invoices and quotes / Enter 5 bills)

Wave Financial

Categories
  • Accounting
  • Small Business
  • Bookkeeping
  • Money Management
Website waveapps.com
Pricing URL Official Wave Financial Pricing
Details $-

Xero videos

Xero vs QuickBooks Online 2019

More videos:

  • Review - Xero Accounting Software Review
  • Review - 3 Minute Overview of Xero Accounting Software

Wave Financial videos

Wave - Free Invoicing App!! Is it Right for You?

More videos:

  • Review - UFO361 - WAVE | Review | Kritik | Comeback | Zwischen Drip & Depri

Category Popularity

0-100% (relative to Xero and Wave Financial)
Accounting
73 73%
27% 27
Bookkeeping
72 72%
28% 28
Small Business
65 65%
35% 35
Accounting & Finance
81 81%
19% 19

User comments

Share your experience with using Xero and Wave Financial. For example, how are they different and which one is better?
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Reviews

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

Xero Reviews

Top 9 NetSuite Alternative Software for Professional Services
Xero offers an accessible, intuitive user experience suitable for smaller companies. However, certain reviewers have noted that the pricing points can be high for the tool’s value. As Xero doesn’t provide end-to-end project management support, investing in a unified platform with Xero integration is something you can consider.
Source: productive.io
5 Best Alternatives to QuickBooks Accounting Software
Easy-to-use dashboard: Both QuickBooks Online and Xero have intuitive dashboards that present all relevant data, including cash flow from all banks. While QuickBooks takes a more sophisticated approach to this, Xero’s style is more streamlined.
The 8 Best QuickBooks Alternatives for Small Businesses
While both QuickBooks and Xero allow for app integration, Xero goes above and beyond with more than 700 app integrations, extending the basic functionality of the application considerably. Apps are available in numerous categories including CRM, e-commerce, time tracking, practice management, payroll, and point of sale.
Source: www.fool.com
7 Best QuickBooks Alternatives for Small Businesses
Xero has three pricing tiers and all of them support unlimited users. If you’re a super small business, the Early plan at $12/month may work for you — just keep in mind you can only enter up to five bills and 20 invoices. However, most small businesses quickly outgrow this package and move up to the $34/month Growing plan. More complex businesses that deal with multiple...
Source: www.fundera.com
20 best accounting software tools
Xero is a free cloud-based online accounting software aimed at small and midsize businesses – it offers an easy way to handle your transactions and run your business.
Source: clockify.me

Wave Financial Reviews

8 Best QuickBooks Alternatives You Can Use in 2021
Similar to ZipBooks, Wave is also an accounting software alternative to Quickbooks. It contains enough features needed to run a small business. They provide paid payment processors and payrolls to generate money. Above all, it comes completely free of charge.
Source: techdator.net
10 of the Best FreshBooks Alternatives That Will Make Bookkeeping Easier
Wave is another free FreshBooks alternative that syncs your bank account, expense statement, and balance sheet. And there’s no catch.
Source: shanebarker.com
10 Best accounting software for Salesforce businesses
Automation features that are triggered in Wave with the Salesforce integrations include new customer records and invoice creation. In the opposite direction, Wave can trigger record updates in Salesforce when specific actions have been taken. In addition, Wave includes automatic bank feeds and a streamlined reconciliation process. Wave also handles bulk transaction uploads...
The Top 11 Cloud-Based Accounting Solutions for Small Businesses
Wave is a great solution for freelancers or small businesses with just a few employees. The best part about Wave is that you can get most of the features for free.
Source: navitance.com
7 Best QuickBooks Alternatives 2018 [Free & Paid]
Wave is easier to use than QuickBooks and absolutely free. It doesn’t contain all the features available in QuickBooks Online, such as tracking inventory and assigning income and expenses to classes, locations, and projects. However, Wave does contain some features like connecting to your bank account and creating transactions from uploaded receipts. If you don’t need...

Social recommendations and mentions

Based on our record, Wave Financial seems to be a lot more popular than Xero. While we know about 42 links to Wave Financial, we've tracked only 1 mention of Xero. 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.

Xero mentions (1)

  • I would like some input on accounting software
    Thanks, will you be able to sign me up on South African packages as well? The naming scheme and pricing is different for xero.com/us and xero.com/za. Source: over 2 years ago

Wave Financial mentions (42)

  • First freelancing gig, need advice
    If you need CC processing for yourself, go to waveapps.com and go create an account. Source: 10 months ago
  • Proposal, Invoice, and Payment Solutions
    I use waveapps.com. It's free and keeps track of everything all in one spot. You can even accept credit cards through them. Source: 11 months ago
  • Time to say goodbye to Quickbooks
    You know that Quicken comes from the same company as Quickbooks, right? Personally I would go back to a #2 and ledger paper before I give Intuit another nickel. Quicken For Small Business looks inexpensive at the moment, but it is also SaaS and they will still have you by the short hairs just like they do now. Take a look at waveapps.com . It's free for the basic accounting software. Source: 12 months ago
  • Just confirming for others that QB 2022 did indeed die at end of subscription
    You can dig for my other post if you want, short story is that I was tricked into upgrading from QB Desktop 2019 to 2022 because "2019 will stop working". I was not told QBD 2022 was subscription based. They hit me up 30 days before end of subscription and jacked my annual fee from $220 to $549. After 15 years I'm done with this. Solo Freelancer. Don't need to pay for something that I don't use all the features.... Source: 12 months ago
  • Payroll expense tracking?
    Wave does all of this. I only use the invoicing product, but I know they also offer bookkeeping and even payroll services. Source: 12 months ago
View more

What are some alternatives?

When comparing Xero and Wave Financial, you can also consider the following products

FreshBooks - The ideal accounting software for small business owners.

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

QuickBooks Online - QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

QuickBooks Pro - Learn why QuickBooks Desktop Pro is the desktop accounting software 94% of users would recommend to a friend. Learn about features, pricing and what's new for 2020.

Zoho Books - Smart Accounting for Growing Business