FINSYNC vs. Wave: Which is Best? - Wheelhouse

FINSYNC vs. Wave: Which is Best?

FINSYNC vs. Wave Best Overall: FINSYNC

In our comparison of FINSYNC vs. Wave, FINSYNC is the best option with a higher overall Wheelhouse Score. Wheelhouse Score uses a combination of feature and pricing comparison data, average user ratings, and editorial reviews to score software vendors on a scale of 1-10.

Quick Info

FINSYNC Quick Info
WH Score:
8.5
Pricing Score:
7.9
Feature Score:
7.6
Usability Score:
8.4
Company Size:Small Business, Mid Market
Platforms:
Wave Quick Info
WH Score:
7.7
Pricing Score:
7.0
Feature Score:
7.5
Usability Score:
7.9
Company Size:All Sizes
Platforms:

Pricing

FINSYNC Pricing
Payments
Free
per month
Payroll
Free
per month
Accounting
Free
per month
Complete
Free
per month
Wave Pricing
Wave Money Management
Free
per user / per month

Features

FINSYNC Features
  • General Ledgers
  • Invoicing & Billing
  • Estimates & Quotations
  • Receivables & Collections
  • Sales & Purchase Orders
  • Reconciliations
  • Payment Processing
  • Budget Management
  • Credit Management
  • Finance Lifecycle Management
  • Tax Calculation & Filing
  • W-9
  • W-2
  • W-4
  • 1094
Wave Features
  • General Ledgers
  • Invoicing & Billing
  • Estimates & Quotations
  • Receivables & Collections
  • Sales & Purchase Orders
  • Reconciliations
  • Payment Processing
  • Budget Management
  • Credit Management
  • Finance Lifecycle Management
  • Tax Calculation & Filing
  • W-9
  • W-2
  • W-4
  • 1094

Pros & Cons

FINSYNC Pros & Cons
Pros
  • Cost effective without losing features and tools Nice interface that's easy to use Reliable, friendly support.
Cons
    Wave Pros & Cons
    Pros
    • None.
    Cons
    • Unfortunately, I have found that Wave has restricted usage in some countries where it is really needed
    • This can be frustrating when I am working with clients or partners in those areas.

    Reviews

    FINSYNC Reviews
    Top Favorable Review
    J
    Jordan
    Reviewed on Jul 2, 2021

    I've been using FINSYNC for payroll processing and so far I've been very impressed. They may be cost effective but the service definitely does not fall short and I will continue to use them for my businesses. Not only is their interface user friendly, but even when I have a question I can receive and answer within

    minutes via phone or email from local friendly people.

    Cost effective without losing features and tools

    Nice interface that's easy to use

    Reliable, friendly support

    None

    Top Critical Review
    M
    Matthew
    Reviewed on Jul 2, 2021

    My experience with FINSYNC has been nothing but 5 star. The customer service, support, and relationship that has developed over the short period of time using the software has been phenomenal. For all of my businesses I feel comfortable, and confident knowing that I have Finsync. All of the above is the reason i believe I will stay with the company for all of my accounting needs. Top notch!

    Wave Reviews
    Top Favorable Review
    L
    Leon
    Reviewed on Jul 2, 2021

    Routines for Wave's bank transactions are utterly failing. Wave lost the settings for connecting to bank accounts in February 2020, and automatic transaction imports ceased. As of January 2021, Wave is unable to resolve this problem and is forcing its clients to perform painful manual transaction uploads.

    None

    Transaction import function does not works

    Top Critical Review
    P
    Paul
    Reviewed on Jul 2, 2021

    Wave is solving a major problem for me by making accounting and invoicing much easier and more streamlined. With this tool, I am able to prepare estimates and invoices quickly and accurately, which saves me a lot of time and effort.

    I really appreciate how easy it is to do accounting and invoicing with Wave. With just a few accounting entries, I can prepare my accounts quickly and efficiently.

    Unfortunately, I have found that Wave has restricted usage in some countries where it is really needed. This can be frustrating when I am working with clients or partners in those areas.

    Alternatives

    FINSYNC Alternatives
    Wave Alternatives
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    FINSYNC vs. Wave: Detailed Comparison

    FINSYNC vs. Wave Top Ratings & Reviews: FINSYNC

    In our rating and review comparison of FINSYNC vs. Wave, FINSYNC has 5 user reviews and Wave has 11. The average star rating for FINSYNC is 4.2 while Wave has an average rating of 3.81. FINSYNC has more positive reviews than Wave. Comparing FINSYNC vs. Wave reviews, FINSYNC has stronger overall reviews.

    FINSYNC vs. Wave Best Features & Functionality: FINSYNC

    FINSYNC vs. Wave both offer a strong set of features and functionality including Accounting Features, Cash Flow Management, Tax Management, Supported Tax Forms, Payroll Features, Project Management Features, Task Management, Expense Management, Payment Options, Document Management, Customizable Items, Appointments/Scheduling, Reminders/Alerts, Drag-and-Drop Builders/Designers, Workflow Automation, Reporting & Analytics, Report Management, Systems/Administrative, Sync/Refresh, Integration Options, After-Sales Service. In our feature comparison of FINSYNC vs. Wave, FINSYNC offers more of the most popular features and tools than Wave.

    FINSYNC vs. Wave Best Pricing: Wave

    In our pricing comparison of FINSYNC vs. Wave, Wave's pricing starts at Free/month and is more affordable compared to Wave's starting cost of Free/month.

    FINSYNC vs. Wave Best Usability: FINSYNC

    Our comparison of FINSYNC vs. Wave shows that FINSYNC scores higher in usability for meets requirements, ease of admin. Wave scores higher in ease of use, learning curve, setup & support, quality of support, but FINSYNC has the best scores overall for system usability.

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