ScaleFactor vs Wave vs Xero vs Sage Accounting (Sage One) - Which Tool Fits Your Business?

Pros and Cons of Wave

• Provides free accounting tools and features, making it an accessible option for small businesses and freelancers with tight budgets.

• Easy to use, intuitive interface that simplifies invoicing, expense tracking, and recurring billing for users without an accounting background.

• Automates key accounting tasks such as bank reconciliations, recurring invoices, and transaction categorization, saving time and effort.

• Allows seamless integration with bank accounts and imports transactions efficiently, streamlining financial tracking.

• Poor customer service with slow response times, limited availability, and insufficient support, especially for non-paying users.

• Issues with payment processing, such as funds being withheld, accounts being frozen, or payouts being delayed without clear explanations.