Wave Accounting vs. Wolters Kluwer Briljant

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Wave Accounting
Score 8.2 out of 10
N/A
Wave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps.
$0
Wolters Kluwer Briljant
Score 0.0 out of 10
N/A
Wolters Kluwer offers Briljant Account (Brilliant Account), where SMEs have a complete accounting package with which they can use to keep accounts. Briljant Account is available in continental Europe, and primarily sold in Belgium. Also, Briljant Administrator adds benefits administration for companies.N/A
Pricing
Wave AccountingWolters Kluwer Briljant
Editions & Modules
Starter
$0
Pro
$16
per month
Pro - billed annually
$170
per year
No answers on this topic
Offerings
Pricing Offerings
Wave AccountingWolters Kluwer Briljant
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Wave AccountingWolters Kluwer Briljant
Features
Wave AccountingWolters Kluwer Briljant
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Wave Accounting
6.2
Ratings
22% below category average
Wolters Kluwer Briljant
-
Ratings
Pay calculation7.10 Ratings00 Ratings
Benefit plan administration7.50 Ratings00 Ratings
Direct deposit files1.20 Ratings00 Ratings
Salary revision and increment management7.70 Ratings00 Ratings
Reimbursement management7.40 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Wave Accounting
8.5
Ratings
11% above category average
Wolters Kluwer Briljant
-
Ratings
API for custom integration9.90 Ratings00 Ratings
Plug-ins7.00 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Wave Accounting
6.4
Ratings
26% below category average
Wolters Kluwer Briljant
-
Ratings
Single sign-on capability6.40 Ratings00 Ratings
Role-based user permissions6.40 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Wave Accounting
6.3
Ratings
22% below category average
Wolters Kluwer Briljant
-
Ratings
Dashboards6.00 Ratings00 Ratings
Standard reports8.00 Ratings00 Ratings
Custom reports5.00 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Wave Accounting
7.0
Ratings
11% below category average
Wolters Kluwer Briljant
-
Ratings
Accounts payable7.10 Ratings00 Ratings
Accounts receivable7.10 Ratings00 Ratings
Cash management8.50 Ratings00 Ratings
Bank reconciliation8.50 Ratings00 Ratings
Expense management7.50 Ratings00 Ratings
Time tracking9.80 Ratings00 Ratings
Fixed asset management9.80 Ratings00 Ratings
Multi-currency support10.00 Ratings00 Ratings
Multi-division support7.10 Ratings00 Ratings
Regulations compliance5.00 Ratings00 Ratings
Electronic tax filing5.90 Ratings00 Ratings
Self-service portal8.00 Ratings00 Ratings
Global Financial Support9.00 Ratings00 Ratings
Primary and Secondary Ledgers9.00 Ratings00 Ratings
Intercompany Accounting4.00 Ratings00 Ratings
Localizations5.20 Ratings00 Ratings
Journals and Reconciliations8.50 Ratings00 Ratings
Enterprise Accounting4.00 Ratings00 Ratings
Configurable Accounting5.00 Ratings00 Ratings
Centralized Rules Framework1.00 Ratings00 Ratings
Standardized Processes7.00 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Wave Accounting
8.1
Ratings
10% above category average
Wolters Kluwer Briljant
-
Ratings
Inventory tracking5.60 Ratings00 Ratings
Automatic reordering9.90 Ratings00 Ratings
Location management8.10 Ratings00 Ratings
Manufacturing module9.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Wave Accounting
7.6
Ratings
2% below category average
Wolters Kluwer Briljant
-
Ratings
Pricing9.90 Ratings00 Ratings
Order entry10.00 Ratings00 Ratings
Credit card processing2.30 Ratings00 Ratings
Cost of goods sold10.00 Ratings00 Ratings
Order Orchestration5.80 Ratings00 Ratings
End-to-end order visibility8.20 Ratings00 Ratings
Order exception Resolution7.00 Ratings00 Ratings
Best Alternatives
Wave AccountingWolters Kluwer Briljant
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Wave AccountingWolters Kluwer Briljant
Likelihood to Recommend
6.0
(0 ratings)
-
(0 ratings)
Likelihood to Renew
7.8
(0 ratings)
-
(0 ratings)
Usability
7.0
(0 ratings)
-
(0 ratings)
Availability
6.7
(0 ratings)
-
(0 ratings)
Performance
2.9
(0 ratings)
-
(0 ratings)
Support Rating
2.1
(0 ratings)
-
(0 ratings)
Online Training
4.7
(0 ratings)
-
(0 ratings)
Product Scalability
3.0
(0 ratings)
-
(0 ratings)
User Testimonials
Wave AccountingWolters Kluwer Briljant
Likelihood to Recommend
Wave is free to use, and they have some premium features you can pay for. For someone just starting out as a small business, freelancer or independent contractor, this is a Godsend. You can look professional, have something easy to manage, and yet also have excellent records come the end of the year. You won't spend a bunch of time having to learn the program, it's very intuitive and you get a host of great features that will make getting paid easy.
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Pros
  • The dashboard provides instant views of month-by month income & expenses for the past 12-24 months, a breakdown of current year expense by category, and net income for the past year and year-to-date.
  • Invoicing has easy templated set up has lots of per invoice options such as single/recurring payment options, due dates.
  • Year end reports are easy to generate in either pdf or csv format.
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Cons
  • One area of improvement for Wave would be combining the various mobile applications into one app.
  • Another room for improvement would be on the dashboard level. It would be great if they could use more bar graphs and get away from pie charts for things like expenses.
  • Some of the other areas from improvement have been addressed by recent updates so I am excited to see what else Wave brings out.
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Likelihood to Renew
Easy to use for clients with no accounting background and the price is right.
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Usability
Wave [Accounting] is very simple and easy to use. Minimal training was required for all our users as the interface is very user-friendly, especially for small businesses looking to use something to track their financial data, Invoice and make payments. I loved using Wave [Accounting]. It lookes professional and [has] all the features we were looking for.
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Reliability and Availability
WAVE is always available when we need it ! Peter
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Performance
Wave does tend to slow down when filtering your transactions screen especially by date. This is more of an issue when trying to trouble shoot certain transactions or clean-up a set of books.
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Support Rating
I've only had to reach out to support once and they were quick to respond and offered valuable insight to resolve my issue quickly. The team is knowledgeable and if the person you're dealing with doesn't have an answer for you, they get back to you quickly with an answer. It was clear that the support team is genuinely concerned about users making the most of the software.
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Online Training
easy to use and east to train on ! Our WAVE clients enjoy the ease of use
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Alternatives Considered
Wave's price point was in line with what my company needed to manage basic accounting (payable and receivable accounts). It made it easy for me to issue monthly invoices to clients and track when invoices were paid. The software makes these tasks easy to manage and inputting data for accurate accounting and invoicing is a breeze. It really offers a lot of flexibility, so you can use the software the way you need it.
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Scalability
Once they out grow what is ability to move up to a more robust system?
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Return on Investment
  • Wave has enabled our accounts payable to maintain a 99% closure rate by leveraging auto reminders through the email system.
  • Our quote to invoice process is a single click, saving time and effort. Even minor changes during that transition occur simply and easily.
  • Aside from payments, Wave has been free for our usage. Our bottom line is better because we're not investing in software but instead embracing an entire ecosystem.
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ScreenShots