When it comes to accounting software, there are many different options to choose from. Two of the most popular options are Sage Intacct and Wave. Both of these options have their own unique features and benefits. So, how do you know which one is right for you and your business? In this article, we will compare Sage Intacct vs Wave to help you make a decision.
Sage Intacct
Sage Intacct is a cloud-based accounting software that offers a wide range of features and benefits. Some of the key features of Sage Intacct include financial consolidation, multi-currency support, advanced reporting, and much more. Sage Intacct is also highly customizable, so you can tailor it to meet the specific needs of your business.
Wave
Wave is another popular cloud-based accounting software option. Wave offers many of the same features as Sage Intacct, such as financial consolidation, multi-currency support, advanced reporting, and customization. Wave also offers some unique features, such as invoicing, payment processing, and accounting for businesses with multiple locations.
Sage Intacct vs Wave: Key Differences
Now that we have an understanding of what each software has to offer, let's take a look at some of the key differences between Sage Intacct and Wave.
Pricing
One of the biggest differences between Sage Intacct and Wave is pricing. Wave offers a free basic plan and paid premium plans. Sage Intacct does not have a free plan and only offers paid plans. The price you pay for Sage Intacct will depend on the features and functionality you need. Wave's pricing is based on the number of invoices you process each month. Wave's premium plans start at $9 per month, while Sage Intacct's plans start at $400 per month.
Features
Another key difference between Sage Intacct and Wave is the features each software offers. As we mentioned before, both software options offer many of the same features. However, Sage Intacct offers more advanced features, such as project accounting and time and expense tracking. Wave does not offer these features. Wave does offer some unique features, such as invoicing and payment processing, which Sage Intacct does not offer.
Customization
Both Sage Intacct and Wave offer customization options. However, Sage Intacct is more customizable than Wave. With Sage Intacct, you can tailor the software to meet the specific needs of your business. Wave offers some customization options, but not to the same degree as Sage Intacct.
Sage Intacct vs Wave: Which is Right for You?
Now that we have compared Sage Intacct vs Wave, it's time to decide which software is right for you. If you are looking for an accounting software with advanced features and customization options, then Sage Intacct is the right choice for you. If you are looking for a software with basic features and a free plan, then Wave is the right choice for you.