# Wave Software Reviews, Demo & Pricing - 2026 > Review of Wave Software: system overview, features, price and cost information. Get free demos and compare to similar programs. Source: https://www.softwareadvice.com/product/468692-Wave --- [Home](https://www.softwareadvice.com/) / [Idea Management Software](https://www.softwareadvice.com/idea-management/) / Wave Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. Overview # Wave 2026: Benefits, Features & Pricing On this page - Overview - User Interface - Popular Alternatives - Pricing and Plans - Features - User Reviews ## Overview Wave 4.6 [(16)](https://www.softwareadvice.com/product/468692-Wave/#reviews) Pricing Pricing available upon request Top Alternatives ### About Wave Wave is an idea management software that helps organizations capture, collaborate, evaluate, refine, select and nurture ideas. It enables organizations to build sustainable innovation and improve their efficiencies, operations and new product launches. Wave includes end-to-end idea management features and has gamification elements to engage the workforce and foster a company-wide culture of innovation. It provides automatic duplicate detection to avoid redundancy. Additionally, the platform offers analytics and insights, enabling organizations to make informed decisions about their innovation efforts. ## Wave User Interface ## Popular Wave Alternatives Main Product Wave 4.6 [(16)](https://www.softwareadvice.com/product/468692-Wave/#reviews) Ratings Breakdown - 4.44Ease of use - 4.79Value for money - 4.44Customer support - 4.25Functionality Pricing Available upon request Alternative Product [Asana](https://www.softwareadvice.com/project-management/asana-profile/) 4.5 [(13582)](https://www.softwareadvice.com/project-management/asana-profile/reviews/) Ratings Breakdown - 4.38Ease of use - 4.40Value for money - 4.33Customer support - 4.38Functionality Pricing Starting at $10.99 per month Alternative Product [Jira](https://www.softwareadvice.com/project-management/atlassian-jira-profile/) 4.4 [(15393)](https://www.softwareadvice.com/project-management/atlassian-jira-profile/reviews/) Ratings Breakdown - 4.08Ease of use - 4.28Value for money - 4.20Customer support - 4.44Functionality Pricing Starting at $7.91 per month Alternative Product [monday.com](https://www.softwareadvice.com/marketing/monday-com-profile/) 4.6 [(6050)](https://www.softwareadvice.com/marketing/monday-com-profile/reviews/) Ratings Breakdown - 4.49Ease of use - 4.28Value for money - 4.43Customer support - 4.45Functionality Pricing Starting at $9.00 per month Alternative Product [Wrike](https://www.softwareadvice.com/project-management/wrike-profile/) 4.4 [(3008)](https://www.softwareadvice.com/project-management/wrike-profile/reviews/) Ratings Breakdown - 4.18Ease of use - 4.20Value for money - 4.33Customer support - 4.31Functionality Pricing Starting at $10.00 per month Alternative Product [Smartsheet](https://www.softwareadvice.com/project-management/smartsheet-profile/) 4.5 [(3515)](https://www.softwareadvice.com/project-management/smartsheet-profile/reviews/) Ratings Breakdown - 4.32Ease of use - 4.35Value for money - 4.32Customer support - 4.35Functionality Pricing Starting at $12.00 per month ## Wave Pricing and Plans Starting price: Pricing available upon request Free Trial Free Version Pricing available upon request No plan information available ## Wave Features - Popular features found in Idea Management Approval Workflow Brainstorming Commenting/Notes Idea Ranking Ideation Mind Maps Prioritization Status Tracking Task Management Workflow Management - More features of Wave Activity/News Feed Collaboration Tools Gamification Idea Collection ## Wave User Reviews Overall Rating 4.6 Ratings Breakdown 5 63% 4 38% 3 0% 2 0% 1 0% Secondary Ratings Ease of Use 4.4 Value for money 4.8 Customer support 4.4 Functionality 4.3 Have you used Wave and would like to share your experience with others? Susan M S. Verified reviewer Used daily for more than 2 years Review source Reviewed October 2017 WAVE Small Business Invoice and Accounting is FREE 4 It's FREE and great for invoicing! Ratings Breakdown 5 Ease of use 5 Value for money 4 Customer support 3 Functionality Pros: Need I say more, it is FREE. For several years I have used WAVE mainly for invoicing and billing. One of the snazzy features on the invoice is the smart PDF button that allows client the ability to click and pay on the invoice. Quicker pay, better business. Another new add-on WAVE recently added was bank transfer option (ACH) for payments. The fee is 1% instead of the 3-4% for credit cards. WAVE does offer reports but gears toward small businesses or sole proprietors. The accounting features are limited compared to software such as Quickbooks or Xero. To set up the accounting, you'll need to be familiar with accounting. If you fully utilize the software, be sure to review the entries at least weekly to keep up and to ensure accuracy. Wave is set up to integrate your Paypal transactions along with importing your bank account(s). Payroll has been added too with features of direct deposit transactions and timesheets. I recommend using WAVE for small business, freelancers, and sole proprietors due to cost, invoicing, and accounting needs for service oriented businesses. Cons: For billing, I wish WAVE offered a column for date and flat rate option. Sometimes the bank importing does not work, therefore, the accounting information may be inaccurate which could be costly for tax preparation and planning. Read More CD Cliff D. Verified reviewer Marketing and Advertising Self-Employed Used daily for more than 2 years Review source Reviewed November 2019 Wave accounting software for small business 5 I'm super happy with wave! I will continue to use it until I absolutely outgrow all the features! Ratings Breakdown 4 Ease of use 5 Value for money 4 Customer support 5 Functionality Pros: This online software has more than everything you'll need for a small business to get going. I especially love how I can automate and send invoices which I can get paid for online via credit card or buy paper check in the mail. It also keeps track of your expenses after you input the data for easy tax preparation. Cons: there are one or two tiny bugs that maybe a few times a year are screwy when sending an automated invoice. For example. The person I send my automated invoices to had left the company and updating the email address did not fix the problem. I have to go in and close the customer and then reopen it to enter the new email address. Overall though, not a biggie for a free product. Reasons for switching to Wave Many more features including automated recurring invoices. Read More JJ Jamie J. Verified reviewer Design Self-Employed Used monthly for more than 2 years Review source Reviewed November 2020 Quickbooks alternative 5 Works great and happy to keep my reports in order Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: The app functionality and that my accounts sync all in one place Cons: Sometimes I have to log back in to my bank account Reasons for choosing Wave No monthly fee Reasons for switching to Wave No monthly fees with wave Read More SK Stephan K. Verified reviewer Real Estate 2-10 employees Used daily for less than 6 months Review source Reviewed May 2020 Great software 4 Very stable, great product. I use it for various small companies. Ratings Breakdown 4 Ease of use 5 Value for money 5 Functionality Pros: Complete package, all you need. Linked into banks, credit cards, etc. All you need. Very easy to get started on bookkeeping. Works great with foreign currency. Cons: A bit unflexible, but as it is free, I can work with it (would love more templates for invoices and customizable dashboard). Reasons for switching to Wave Quickbooks was too expensive for these small companies. Read More Kirby C. Verified reviewer Writing and Editing 2-10 employees Used other for more than 2 years Review source Reviewed March 2019 I love Wave because I run my own business, hate accounting, and it does the work for me!! 5 I own my own business. Wave has saved me every year with its quiet, in the background tracking. Every six months I worry that I should be doing more, paying more attention to my transactions and tracking them, then I open Wave...worried...but I see that Wave has it all under control. With a few clicks, I approve and categorize what I spent money on, what I paid my freelancers, etc. Then, I close it down and don't even think about it again for six months. Wave lets me do what I do best—run my creative business. It handles the scary stuff—accounting and easy tax season. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: It lets me leave it alone! It does all the work for me! I don't have to check it every day or every month! I can spend a few hours before tax day every year with Wave, and I am super relieved to see it's been following along with my transactions, tracking and logging what I've done, linked the bank accounts, intuitively followed my suggestions on what charges go into what categories, etc. I travel full time too, so I have alot of random business transactions. Wave is perfect for my needs. It's super intuitive, very easy, and it's FREE! Cons: There's nothing not to like. Even someone like me, who hates accounting and hates doing taxes, hates checking on this stuff...even I don't mind my tax season with Wave. If it's made me not dread tax season, there's nothing not to love! Read More VR Verified Reviewer Information Technology and Services 1001-5000 employees Used weekly for less than 2 years Review source Reviewed January 2022 Wave for accounting 4 Quick customer support when required, good feature set, outside of them removing the main feature which is why we chose Wave. We are now looking elsewhere. Ratings Breakdown 4 Ease of use 5 Value for money 3 Functionality Pros: Wave makes accounting and keeping track of your invoices very easy. Interface is friendly and you don't need to be a accountant to get many tasks done. Cons: Wave used to have a feature of scanning your receipts, it would then figure out what was on it, and record the items. ie it was from ABC Company and it was $100 + 10 tax. Each item attached to their own category for accounting. This feature, arguably the best feature has been removed :( Read More VR Verified Reviewer Animation Self-Employed Used weekly for less than 12 months Review source Reviewed February 2019 Decent record keeping software 4 I'm an independant contractor and Wave is great for tracking receipts, expenses, bills, and invoices. Of the apps and software I've tried, it's the best of the free options Ratings Breakdown 4 Ease of use 5 Value for money 3 Functionality Pros: Taking photos in app is really conveinient Cons: The file organization leaves quite a bit to be desired. Once files are up and named there's little else you can do with them Read More VR Verified Reviewer Computer Software 11-50 employees Used monthly for less than 2 years Review source Reviewed January 2021 Wave by Acuvate 4 We really needed something that all of the team members can log into and use. This is a great tool for that. Ratings Breakdown 4 Ease of use 5 Value for money 4 Functionality Pros: The setup was very easy. It is easy to submit ideas and collaborate with the internal team members. Cons: We were not a huge fan of the gaming addition as we do not use it. Reasons for choosing Wave We wanted something that was easy to use and good for collaboration Read More JB Jacqueline B. Verified reviewer Legal Services Self-Employed Used other for less than 12 months Review source Reviewed July 2020 Amazingly Easy to Use 5 Overall my experience has been positive I am able to set up my letterhead on my accounts and ease of sending the invoices and sending it to multiple parties at the same time is a bonus Ratings Breakdown 5 Ease of use 5 Value for money 5 Functionality Pros: I love that this product numbers my invoices sends reminders attaches to my main accounts so many different things I like about this not enough space to write Cons: I’m not sure if it was a setting that I did but it sent a reminder out to a client when I didn’t want to reminder sent. Read More VR Verified Reviewer Information Services Self-Employed Used other for less than 6 months Review source Reviewed February 2019 Great Accounting Software! 5 Ratings Breakdown 4 Ease of use 5 Functionality Pros: Wave offers a great product! I love that they make receiving payments and tracking accounting so easy and all for free for small businesses. Thanks Wave!! Cons: My least favorite feature is the credit card processing fees. Read More Showing 1 - 10 of 16 Reviews Load More Reviews ## See what companies are saying about Software Advice