Vertex vs. Wave: Which is Best? - Wheelhouse

Vertex vs. Wave: Which is Best?

Vertex vs. Wave Best Overall: Vertex

In our comparison of Vertex vs. Wave, Vertex 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

Vertex Quick Info
WH Score:
8.4
Pricing Score:
8.1
Feature Score:
7.9
Usability Score:
8.1
Company Size:All Sizes
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

Vertex Pricing
Price Range
Contact Us

* Vendor does not share prices.

Wave Pricing
Wave Money Management
Free
per user / per month

Features

Vertex Features
  • General Ledgers
  • Invoicing & Billing
  • Receivables & Collections
  • Reconciliations
  • Payment Processing
  • Billing Model Management
  • Tax Registration
  • Tax Calculation & Filing
  • Tax Zone Detection
  • Tax Policy Management
  • Tax Law Updates
  • W-2
  • W-4
  • 1094
  • 1095
Wave Features
  • General Ledgers
  • Invoicing & Billing
  • Receivables & Collections
  • Reconciliations
  • Payment Processing
  • Billing Model Management
  • Tax Registration
  • Tax Calculation & Filing
  • Tax Zone Detection
  • Tax Policy Management
  • Tax Law Updates
  • W-2
  • W-4
  • 1094
  • 1095

Pros & Cons

Vertex Pros & Cons
Pros
  • Customizable software, effective sales tax management process, workflow automation.
Cons
  • Support team not helpful.
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

Vertex Reviews
Top Favorable Review
R
Rick
Reviewed on Jul 2, 2021

Vertex has excellent customization options, however gaining the required customizations might be laborious and time-consuming. Vertex automates tax rate and rule adjustments to aid with sales tax management and returns preparation issues.

Customizable software, effective sales tax management process, workflow automation

Configuration process is complex and time-consuming

Top Critical Review
P
Peter
Reviewed on Jul 2, 2021

While Vertex's customer support is subpar, its automated tax calculations on invoices and sales orders are a huge advantage. Vertex also eliminates the need to spend time and effort manually updating new US tax regulations.

Tax workflow automation, legal compliance

Support team not helpful

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

Vertex Alternatives
Wave Alternatives
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Vertex vs. Wave: Detailed Comparison

Vertex vs. Wave Top Ratings & Reviews: Vertex

In our rating and review comparison of Vertex vs. Wave, Vertex has 19 user reviews and Wave has 11. The average star rating for Vertex is 4 while Wave has an average rating of 3.81. Vertex has more positive reviews than Wave. Comparing Vertex vs. Wave reviews, Vertex has stronger overall reviews.

Vertex vs. Wave Best Features & Functionality: Vertex

Vertex vs. Wave both offer a strong set of features and functionality including Accounting Features, Cash Flow Management, Tax Management, Supported Tax Forms, Exemption Certificate Management, Payment Options, Inventory Management, File Management, Signature Management, Signature Types, Appointments/Scheduling, Reminders/Alerts, Workflow Automation, Reporting & Analytics, Data Management, Data Migration, Systems/Administrative, Integration Options, Third-Party Integrations, Supported Technologies, Compliance Accreditations, After-Sales Service. In our feature comparison of Vertex vs. Wave, Vertex offers more of the most popular features and tools than Wave.

Vertex vs. Wave Best Pricing: Wave

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

Vertex vs. Wave Best Usability: Vertex

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

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