---
title: "Compare Prophix One vs Wave 2026 | Capterra"
description: "Unsure of what to choose? Check Capterra to compare Prophix One and Wave based on pricing, features, product details, and verified reviews."
source_url: "https://www.capterra.com/compare/139909-178021/Budgeting-Solution-vs-Wave-Apps"
page_type: "comparison"
language: "en"
---

# Prophix One vs Wave Features and Cost Comparison

Last updated September 16th, 2026

Provider data verified by our Software Research team, and reviews  
moderated by our Reviews Verification team.[Learn more](https://www.capterra.com/our-story/)

Your comparison:

Prophix OneWave2/4 selected

[Prophix One](https://www.capterra.com/p/139909/Budgeting-Solution/)[4.6 (127)](https://www.capterra.com/p/139909/Budgeting-Solution/reviews/)

[Wave](https://www.capterra.com/p/178021/Wave-Apps/)[4.4 (1,730)](https://www.capterra.com/p/178021/Wave-Apps/reviews/)

[## Prophix One](https://www.capterra.com/p/139909/Budgeting-Solution/)[4.6 (127)](https://www.capterra.com/p/139909/Budgeting-Solution/reviews/)

Starting Price

$1.00

Value-for-Money

4.5

Functionality

4.5

Ease of Use

4.4

Customer Service

4.6

Reviews Sentiment

GL

GL

Based on [127 reviews](#user-reviews)

Positive

124

Neutral

3

Negative

0

[## Wave](https://www.capterra.com/p/178021/Wave-Apps/)[4.4 (1,730)](https://www.capterra.com/p/178021/Wave-Apps/reviews/)

Starting Price

$19.00/month

Value-for-Money

4.6

Functionality

4.2

Ease of Use

4.5

Customer Service

4

Reviews Sentiment

Based on [1,730 reviews](#user-reviews)

Positive

1,511

Neutral

107

Negative

112

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Highest Rated

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What’s your intended use case?

## Summary

* * *

Key features rated by users

Features selected based on 6,718 reviews from financial reporting software users.  
about the Fit Score methodology.

Fit Score methodology

Our Fit Score reflects how reviewers rate a product’s performance against a set of features reviewers rate as most important. A higher score indicates the product is rated better in delivering what reviewers most care about.

  

If the Fit Score is not shown for a specific product, that only means there are currently not enough relevant data points to develop a meaningful score. It does not indicate that the product should be excluded from further evaluation. Best for Methodology

69%Fit

Missing features

Feature ratings

Accounting

NA

Income & Balance Sheet

4.6

Profit/Loss Statement

4.6

Reporting/Analytics

4.5

Bank Reconciliation

3.5

81%Fit

High performer

Feature ratings

Accounting

4.5

Income & Balance Sheet

4.5

Profit/Loss Statement

4.5

Reporting/Analytics

4.9

Bank Reconciliation

4.3

User satisfaction

User satisfaction

4.6

User reviews[127](https://www.capterra.com/p/139909/Budgeting-Solution/reviews/)

Ease of use

4.4

Functionality

4.5

Value for money

4.5

Customer support

4.6

User satisfaction

4.4

User reviews[1,730](https://www.capterra.com/p/178021/Wave-Apps/reviews/)

Ease of use

4.5

Functionality

4.2

Value for money

4.6

Customer support

4.0

Price starts from

Price starts from

$1Not provided by vendor

-   Free version
-   Free trial

Price starts from

$19Flat Rate, Per Month

-   Free version
-   Free trial

Best for

Best for

Over 3,00 active customers around the globe of all sizes and in every industry rely on Prophix to transform the way they work.

Best for

Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes.

## User reviews

Pros & cons

GL

Graham L.

Revenue and Reporting Specialist

> "The platform has helped modernize and streamline our financial planning, budgeting, forecasting, and reporting processes by..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7180305)

JW

James W.

CFO

> "The self training courses are designed for the most basic of user, so for me, they seemed to drag. "

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7150363)

GL

Graham L.

Revenue and Reporting Specialist

> "What I liked most about Prophix One is its ability to centralize budgeting, forecasting, financial reporting, and data analysis..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7180305)

LL

Lian L.

Financial Analyst

> "The loading times have gotten worse - for opening reports, and for the report binders."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6655362)

GL

Graham L.

Revenue and Reporting Specialist

> "It has significantly improved our FP&A processes by reducing manual spreadsheet work, increasing data accuracy, and providing..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7180305)

GC

Gabi C.

Staff Accountant

> "I think that Prophix may be too intense for smaller companies who are looking for an easy solution to their financial reporting."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6836203)

UK

Umaar K.

Head of Finance Systems

> "Prophix is an excellent CPM tool and really delivers in automating budgeting, forecasting, and financial reporting, freeing up..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7006124)

MK

Mitch K.

Analyst

> "Charting capabilities and dashboard creating is lackluster."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6626294)

JT

Justin T.

Finance Manager

> "I like the intuitive nature of the web interface for file management and the capability to have alternate hierarchies for..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6677292)

AH

Aaron H.

Sales and Inventory Analyst

> "Refreshing the data would take up to 12 hours sometimes, making it very hard to make updates and see the impact quickly"

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6469942)

SH

SAMMIL H.

Senior Accountant

> "In mid‑2025, we successfully migrated to Prophix One Cloud, marking a significant improvement in functionality, efficiency, and..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7112060)

JM

Jaimie M.

Financial Analyst

> "There are some bugs still to be worked out and I wish certain features did not require the more complex MDX function in order to..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___4615021)

AA

Ali A.

Sr. BI Specialist

> "With its Multiple Scenarios, powerful calculation engine with capabilities to handle complex calculations, the product is easy..."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6857273)

LM

Luke M.

Senior Manager - FP&A

> "Forecasting can be challenging as it's hard to marry up actual YTD detail and forecast YTG detail."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___4540952)

SH

SAMMIL H.

Senior Accountant

> "What I like best about Prophix is FP&A processes into an automated, and integrated platform."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7112060)

IB

Isabelle B.

Senior Budget Analyst

> "Some functionalities works only with the Workflow function which is not useful for us, being only a handful of users."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___5020186)

BK

Brandon K.

Financial Analyst

> "Prophix One is excellent for streamlining budgeting, forecasting, and financial reporting. "

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6879594)

SD

Sabrina D.

senior compliance acct

> "There are so many features that we are not utilizing due to time and internal manpower."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___4941480)

SOM

Syed Omeir M.

IFRS and Consolidation Manager

> "It is a good tool for consolidation process, ease the intercompany process and good output report quality"

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6819218)

TD

Theodore D.

Chief Financial Officer

> "Not totally intuitive."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6239729)

JW

James W.

CFO

> "Very happy with where we are as of now, and where we are heading for in the future. "

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7150363)

DF

Donna F.

Sr. Financial & Project Analyst

> "The only "con" would be the refresh time on big reports. "

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___4942171)

RD

Rama D.

VP of Application Development and Support

> "It was easy to move Finance team to Prophix for forecasting and reporting"

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___7032999)

DS

Dawar S.

Finance Business Partner

> "There is often delays that take place during busy hours."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___3149647)

LL

Lian L.

Financial Analyst

> "Prophix made it easy to track and have dynamic numbers for the budget process."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6655362)

VR

Verified Reviewer

Senior Financial Analyst

> "For instance, it is hard to apply seasonality for sales forecast."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___2656833)

BK

Brandon K.

Financial Analyst

> "Customer support is excellent and they will make sure you have your Prophix journey and goals mapped out."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___6879594)

IB

Isabelle B.

Senior Budget Analyst

> "Some functionalities works only with the Workflow function which is not useful for us, being only a handful of users."

[See full review](https://www.capterra.com/p/139909/Budgeting-Solution/#Capterra___5020186)

[View Reviews](https://www.capterra.com/p/139909/Budgeting-Solution/reviews/)

Amber M.

Owner

> "The option to create recurring invoices has been amazing, as well as the reports I can pull at the end of each year."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7117842)

EK

Emir K.

Principal

> "My customer paid through Wave by ACH/bank payment, and the funds were withdrawn from the customer, but Wave did not release the..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7175388)

Ron W.

Property Management, Development and Investment

> "Love the free version but it’s super basic and limited but upgrading to paid version is very expensive when using it for more than 1..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7057865)

KW

Kristyne W.

Travel Advisor

> "I tried to set up a way to send invoices and receive payments through Wave, but even after I was approved, they removed my access due..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7100967)

CB

Craig B.

Owner

> "Uptime and use are great - I have a few low volume clients and non-profits that cannot afford the other packages - now they are..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7146548)

ML

Melissa L.

Admin siding installer

> "A major pain point for users is the lack of robust, live customer support for free users, who are generally limited to an online help..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7032951)

JM

Jolly M.

Data Associate

> "Wave has the visibility and control needed across accounts payable, global payments, procurement and employee expenses to run..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6602890)

BT

Brianna T.

Editor

> "They messed up our tax reporting and left us with outstanding taxes due."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7163455)

KC

Kimberly C.

Administrative Consultant

> "I did like that there is a free option available. If you are just starting out as a new business owner and want to get your..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7070138)

EK

Emir K.

Principal

> "I would never use Wave again under any circumstances, and I strongly recommend that other businesses look for other invoicing and..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7175388)

MHE

Michael Herbert E.

Furniture Salesperson

> "It is like a piece of cake, the creation of invoices is very fast and the bank sync functionality works well to connect automatically..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6728053)

ZD

Zeah D.

CPA, Owner

> "The transaction screen and recording process with it listing everything in the main screen, is sometimes hard to track, especially if..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6626409)

Salina T.

Owner

> "It was very quick to connect my banking unlike with Quickbooks which took a couple of days, Wave only took a few minutes to verify my..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7180682)

EK

Emir K.

Principal

> "Based on my experience, I would not recommend Wave Payments to any business that depends on timely access to customer payments."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7175388)

PM

Pauline M.

Owner - Manager

> "The automation with sync banking and categorizing expenses and income is vey useful for identifying balancing books keeping your..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6863968)

AG

Ana G.

CEO

> "It can become cumbersome to manage service inventory, having to create new 'products' for each custom service to then sift through."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6665440)

PS

Perry S.

Property Manager

> "I'm able to use their free tier to reconcile my accounts, automatically import transactions, send professional invoices, and produce..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6562834)

VR

Verified Reviewer

Engineer

> "Payment processing fees are a bit high, and customer support is limited if you don't pay for a plan."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7076148)

FCY

Fu-Chieh Y.

Email Developer

> "I particularly appreciate the extensive customization options available for documents like invoices, allowing them to appear both..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6592682)

NC

Nilsa C.

Music Therapist, Owner

> "This slows me down when I'm invoicing or reconciling accounts."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7155987)

CB

Craig B.

Owner

> "Accounting software is free - great for small (micro) businesses just starting out or that only have low volume of transactions."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7146548)

NB

Nick B.

President

> "Excellent for almost two years until doing my taxes this year and lost the ability to export transactions without upgrading my plan."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7088399)

SA

Suman A.

Owner,Bookkeeper,TAxPreparer

> "Reliable and cost-effective for invoicing, expense tracking, and bank reconciliation."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7161951)

BT

Brianna T.

Editor

> "Wave underwent a merger/acquisition over the summer in 2025 that completely ruined their operations."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7163455)

JC

Josh C.

Co-Owner

> "The invoices and auto invoices work quite well and look nice and it is easy for my customers to pay."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7130051)

Ron W.

Property Management, Development and Investment

> "Lack of connectivity ability to import Banks & Credit Cards transctions"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7057865)

NC

Nilsa C.

Music Therapist, Owner

> "What I like most about wave is how it's helped me organize my sole-proprietor finances without costing me anything."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7155987)

PS

Perry S.

Property Manager

> "Second, I've encountered a rounding error within bills that has resulted in my Accounts Payable account being a few cents off even..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6562834)

AC

Aaron C.

Founder and CEO

> "It's easy to navigate and makes the quoting, invoicing, and payment processes very streamlined -- while accepting payments from all..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7030509)

KS

Kathryn S.

Coach and Consultant

> "Wave's integration with my bank has not always worked effectively, and that has caused some problems."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7102433)

CV

Criselen V.

Owner

> "It lets me save customer info and items with their price so that I can easily add it when making a new invoice."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6886239)

Ron W.

Property Management, Development and Investment

> "Poor Value for the money with paid version because each account requires additional pay subscription"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7057865)

TW

Tracey W.

Bookkeeper

> "I do bookkeeping services and this product works well with categorizing income and expenses to generate financials."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6666390)

CP

C P.

President

> "Ended up moving to another service because of poor support."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7121842)

JL

Joseph L.

Principal

> "Excellent in every way as I have used it for now 3 tax years without complaint from either myself or my accountant who works with..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7140679)

PS

Perry S.

Property Manager

> "Finally, most accountants and bookkeepers use QuickBooks and aren't familiar with Wave, so I don't recommend Wave for anyone with an..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6562834)

SJ

Sarah J.

Office Manager

> "I also love that you can individual turn on/off payments for each invoice and estimate."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7026186)

AR

Alec R.

Owner

> "Spent hundreds of $$ for multiple calls with a help pro who did the work and had me watch but never actually taught me how to do it..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6634637)

WEU

William E U.

Owner

> "I have generally had no issues with the program and when I did have one (the only one), the company support was able to resolve the..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7086796)

MC

Marie C.

Executive Director

> "Their Payments by Wave function does not always match the payment to the deposit properly."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6739424)

AG

Alessandro G.

Owner, Operator

> "Great for bookkeeping, invoicing, credit card payments, and payroll (before the change)."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6862751)

SC

Sean C.

Marketer

> "Some things are just weird, like when they hold the funds or do a review without explanation."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7042580)

BT

Brianna T.

Editor

> "Wave was a fine and affordable accounting and payroll service that was user-friendly and easy to navigate."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7163455)

AG

Aaron G.

Owner

> "However towards the end of 2024 the customer support has disappeared - no response on the live chat and no response via email."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6691975)

EO

Elvis O.

Audit Associate

> "The software is also easy to navigate, making accounting tasks like invoicing, tracking expenses, and managing payments relatively..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6599331)

Amanda J.

Owner

> "In the recent past, I've had issue with them processing tax payments on time, and their support has significantly decreased from the..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6782379)

WL

Whitney L.

Business Owner

> "I like the simplicity of the app and the ability to keep track of finances as well as accept ACH payments."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6574695)

ZM

Zina M.

Owner

> "As a result of that, they severely limited the features I could use on their product, which left me stranded and search of a new..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6169573)

Nathan H.

Treasurer

> "Wave is a very cheap way for solo entrepreneurs."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7123716)

Tim O.

Partner

> "Wave went silent for weeks, only resolve was to email the company and those went unanswered. "

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7108329)

CP

C P.

President

> "The invoicing and payment acceptance is good."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7121842)

HM

Heather M.

Therapist

> "Their AI tool is alright but makes mistakes. When you use their native Checkouts tool for collecting payments, they are categorized..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6467656)

SD

Sienna D.

Massage Therapist

> "It worked well for me for the couple years that I used it, but once they started charging for things I originally had access to, I..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6688373)

NB

Nick B.

President

> "I wouldn’t recommend Wave anymore unless you’re prepared to pay just to retrieve your own data."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7088399)

SK

Sheila K.

Admin

> "What I liked about wave the most would be the pricing, it seemed I could easily figure things out."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7154231)

AR

Austin R.

director

> "They lied and mislead people into believing their products work across all banks and they don't."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6786484)

PH

Paul H.

Owner, Electrician

> "It's very easily customizable with your logo and information, and the invoices look sharp, clean & professional, with multiple..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___5064893)

JM

Jolly M.

Data Associate

> "It is also disappointing that some banks are not fully implementable on the software."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6602890)

DO

Donald O.

Executive Technical Director

> "Wave has robust features that enables me to eradicate manual processes during data entry in various aspects such as bank..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6390842)

AF

Alice F.

Property Maintenance

> "Unfortunately we only use this app for invoicing and not expenses due to the fact that scanning receipts is not yet available in the..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___5039189)

Amber M.

Owner

> "The customer support has always been helpful when I've needed it."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7117842)

EK

Emir K.

Principal

> "This is unacceptable for a small business."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7175388)

Amber M.

Owner

> "It's super affordable and easy to implement, which was a great starting point when I launched my business!"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7117842)

BM

Brie M.

Operations Director

> "Not robust enough for complex accounting situations"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6624225)

DM

Dlkhosh M.

CEO

> "Has Unlimited invoicing with customizable templates and payment terms and dedicated invoicing mobile app."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6131062)

JO

John O.

Finance Officer

> "I do not experience challenges with Wave when running accounting projects."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6670711)

SK

Sheila K.

Admin

> "The free tools that wave offers is also a very good Plus."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7154231)

KC

Kelsey C.

Accountant

> "That there is no customer service phone number to talk to someone."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6724007)

JM

Jenna M.

Operations

> "Easy to use and pretty conperhensive for invoicing and tracking."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7113566)

NM

Noureddine M.

Logistic manager

> "for the option pay roll it's not available in Quebec"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6614845)

AG

Aaron G.

Owner

> "I have been using Wave since 2021 for multiple businesses, and I used to be a strong advocate for the software when talking to other..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6691975)

PS

Perry S.

Property Manager

> "I have encountered two notable bugs within their software."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6562834)

JC

Jamie C.

CEO

> "Wave provides a cost-effective and efficient platform that simplifies accounting."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6794390)

NK

Naveed K.

Managing Principal

> "Accounting was a problem."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7031220)

HG

Hylda G.

CEO

> "As a sole proprietor, I do like that it has a free option to keep my overhead costs manageable."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6581819)

DG

Dana G.

Brand Designer

> "Features on the free plan are extremely limited"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6698919)

SA

Suman A.

Owner,Bookkeeper,TAxPreparer

> "Great value for small businesses."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7161951)

HM

Heather M.

Therapist

> "The process for automatically categorizing payments and income doesn't work as smoothly as it could."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6467656)

AG

Annie G.

Sr. Accountant

> "The reporting and dashboard functionality is easy to generate and great to track cash flow."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7019878)

HM

HELENA M.

Owner

> "Payables and receivables are regularly be out of balance because of rounding issues due to percentages. "

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6009153)

VR

Verified Reviewer

Operation Control

> "I like how it is very user friendly interface. When I first starting learning my job, my trainer didn't have to teach me how to use..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6695057)

LE

Linden E.

Owner and Personal Trainer

> "It wasn’t intuitive either."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6467601)

VR

Verified Reviewer

Accounting clerk

> "The best part about wave is that it is very budget friendly and the user interface is very easy to use and navigate."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6865626)

KO

Kathleen O.

Owner

> "It lacked certain functionality that I needed for my business."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___4557707)

AT

Ali T.

Business Development Manager

> "The interface is clean and intuitive overall."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6832344)

EK

Emma K.

Office Manager

> "Its extremely annoying that there isn't an easier way to do this, like clicking a button in the website."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#SoftwareAdvice___3012652)

EE

Eric E.

IT Consultant

> "It's intuitive, simple, and reliable."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7052088)

Ansley S.

Owner

> "It was a bit overwhelming to start using since there is so much to navigate."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___2438807)

JR

Jodie R.

Bartender

> "I liked the fact that it was very easy to use and integrating with other programs was fairly simple."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___4773574)

JB

Jennifer B.

Mobile Notary

> "Lack of integrations, lack of customization options. "

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6378492)

FD

Faith D.

Consultant

> "It is easy to use and was easy to integrate with my business process."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___4914373)

Jonathan D.

CEO

> "The PayPal integration never truly worked, and it seems they have no plans to ever fix it."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___2938764)

VT

Veronica T.

CSC

> "The software is very easy to use and has multiple integrations which is nice if you navigate through a lot of different softwares."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___3444758)

CK

Chanel K.

owner

> "I did not give it time to go through and set up and get things going."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6035837)

CD

Chineke D.

Ceo

> "So I plunged out into the internet looking for the best software to integrate, and Wave caught my attention the most as compared to..."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___2915344)

NV

Natascia V.

Freelance Writer

> "It can be very difficult to figure out or explain to someone."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___4635711)

Amber M.

Owner

> "It's super affordable and easy to implement, which was a great starting point when I launched my business!"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7117842)

AG

Ana G.

CEO

> "It can become cumbersome to manage service inventory, having to create new 'products' for each custom service to then sift through."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6665440)

PP

Perla P.

CEO

> "I like how easy it is to use and be able to have everything you need in one place"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6693664)

CP

C P.

President

> "Ended up moving to another service because of poor support."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___7121842)

VR

Verified Reviewer

Owner

> "Once of the easiest programs, I honestly can't find anything to 'complain' about."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6644125)

KC

Kelsey C.

Accountant

> "That there is no customer service phone number to talk to someone."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6724007)

JrmC

Jérôme C.

Financial analyst

> "Very straight forward and easy to getting to know"

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#Capterra___6544165)

JC

John C.

Managing General Partner

> "Over $20K is sitting there, for services I have already rendered, and I cannot collect it."

[See full review](https://www.capterra.com/p/178021/Wave-Apps/#SoftwareAdvice___6199195)

[View Reviews](https://www.capterra.com/p/178021/Wave-Apps/reviews/)

## User interface

[Prophix One](https://www.capterra.com/p/139909/Budgeting-Solution/)

4.57 (127)

[Wave](https://www.capterra.com/p/178021/Wave-Apps/)

4.37 (1,730)

## Connect with a Capterra advisor for a free 15-minute consultation

Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs.

### Features

Do these products fit your needs?

Prioritize real-user-identified key features according to your needs to find your best fit.

\--% Fit

vs

\--% Fit

Access Controls/Permissions

207

Important

Accounting

150

Important

Activity Dashboard

120

Important

Prophix One

20/38

-   Access Controls/Permissions
-   Accounting
-   Activity Dashboard
-   AI Copilot
-   Alerts/Notifications
-   API
-   Approval Process Control
-   Audit Trail
-   Bank Reconciliation
-   Billing & Invoicing
-   Budgeting/Forecasting
-   Cash Flow Management
-   Cash Management
-   Compliance Management
-   Consolidation/Roll-Up
-   Customizable Reports
-   Customizable Templates
-   Dashboard
-   Data Import/Export
-   Data Visualization
-   Expense Tracking
-   Financial Analysis
-   For Investors & Traders
-   General Ledger
-   Generative AI
-   Income & Balance Sheet
-   Multi-Company
-   Multi-Currency
-   Profit/Loss Statement
-   Purchase Order Management
-   Real-Time Data
-   Real-Time Reporting
-   Receipt Management
-   Reporting/Analytics
-   Self-Service Reporting
-   Third-Party Integrations
-   "What If" Scenarios
-   Workflow Management

[See all features](https://www.capterra.com/p/139909/Budgeting-Solution/#features)

Wave

Top features

22/38

-   Access Controls/Permissions
-   Accounting
-   Activity Dashboard
-   AI Copilot
-   Alerts/Notifications
-   API
-   Approval Process Control
-   Audit Trail
-   Bank Reconciliation
-   Billing & Invoicing
-   Budgeting/Forecasting
-   Cash Flow Management
-   Cash Management
-   Compliance Management
-   Consolidation/Roll-Up
-   Customizable Reports
-   Customizable Templates
-   Dashboard
-   Data Import/Export
-   Data Visualization
-   Expense Tracking
-   Financial Analysis
-   For Investors & Traders
-   General Ledger
-   Generative AI
-   Income & Balance Sheet
-   Multi-Company
-   Multi-Currency
-   Profit/Loss Statement
-   Purchase Order Management
-   Real-Time Data
-   Real-Time Reporting
-   Receipt Management
-   Reporting/Analytics
-   Self-Service Reporting
-   Third-Party Integrations
-   "What If" Scenarios
-   Workflow Management

[See all features](https://www.capterra.com/p/178021/Wave-Apps/#features)

### Recognition

No recognitions have been awarded to Prophix One

Wave is recognized as a top-rated tool in 5 Capterra Shortlist reports

### Deployment & support

Prophix One

Deployment

-   Cloud, SaaS, Web-Based
-   Desktop Mac
-   Desktop Windows
-   Desktop Linux
-   On-Premise Windows
-   On-Premise Linux
-   Desktop Chromebook
-   Mobile Android
-   Mobile iPhone
-   Mobile iPad

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Wave

Deployment

-   Cloud, SaaS, Web-Based
-   Desktop Mac
-   Desktop Windows
-   Desktop Linux
-   On-Premise Windows
-   On-Premise Linux
-   Desktop Chromebook
-   Mobile Android
-   Mobile iPhone
-   Mobile iPad

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

### Company Details

Prophix One

-   By Prophix Software
-   Located in Canada
-   Founded in 1987

Wave

-   By Wave
-   Located in Canada
-   Founded in 2009

## Popular Comparisons

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[Prophix One](https://www.capterra.com/p/139909/Budgeting-Solution/)[4.57 (127)](https://www.capterra.com/p/139909/Budgeting-Solution/reviews/)

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Contact vendor for pricing

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[Wave](https://www.capterra.com/p/178021/Wave-Apps/)[4.37 (1,730)](https://www.capterra.com/p/178021/Wave-Apps/reviews/)

vs

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$19/month

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4.2

Features

4.6

4.5

Ease of Use

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[View full comparison](https://www.capterra.com/compare/178021-207944/Wave-Apps-vs-PayPal)

[Prophix One](https://www.capterra.com/p/139909/Budgeting-Solution/)[4.57 (127)](https://www.capterra.com/p/139909/Budgeting-Solution/reviews/)

vs

[Xero](https://www.capterra.com/p/120109/Xero/)[4.40 (3,329)](https://www.capterra.com/p/120109/Xero/reviews/)

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Ease of Use

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[Wave](https://www.capterra.com/p/178021/Wave-Apps/)[4.37 (1,730)](https://www.capterra.com/p/178021/Wave-Apps/reviews/)

vs

[Abby](https://www.capterra.com/p/268623/Abby/)[4.75 (604)](https://www.capterra.com/p/268623/Abby/reviews/)

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€0.01/month

4.2

Features

4.6

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Ease of Use

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4.4

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[Wave](https://www.capterra.com/p/178021/Wave-Apps/)[4.37 (1,730)](https://www.capterra.com/p/178021/Wave-Apps/reviews/)

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4.5

Ease of Use

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4.4

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