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Momenteo vs Wave: Which is a better fit?

Updated on December 8th, 2024
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What's your intended use case?
Summary
Key features rated by users
Features selected based on 15,794 reviews from Billing and Invoicing users.
% Fit
Missing features
Not enough reviews
Feature ratings
Invoice Creation
4.5
Client Management
NA
Invoice Processing
NA
Payment Processing
NA
Online Invoicing
4.5
% Fit
Missing features
Feature ratings
Invoice Creation
4.7
Client Management
NA
Invoice Processing
4.6
Payment Processing
NA
Online Invoicing
4.7
User satisfaction
4.6
User reviews36
Ease of use
4.8
Functionality
4.2
Value for money
4.7
Customer support
4.6
4.4
User reviews1,633
Ease of use
4.4
Functionality
4.2
Value for money
4.6
Customer support
4.0
Price starts from
Not provided by vendor
Free version
Free trial
/user
Monthly subscription
Free version
Free trial
Best for

Freelancers from every professional fields.

Wave has helped more than 300,000 small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage their money.

User reviews
pros & cons
Not enough reviews
View Reviews
1 / 4
View Reviews
Video reviews
No video reviews yet
Matthew C
CEO
5.0

Matthew: My name's Matthew. My title is CEO/Founder. Company of one, and for rating for Wave Accounting, I would give it five stars. I really like it. For Wave, it's specifically for accounting and invoices and payroll. I had tried to do all of that stuff manually, but I had never used any other software before. So that's the first and only one that I've used. Basically, it was a recommendation from a former coworker that he had used it for his consulting business in the past and basically said you should look at it because it's a good value, it's good for small businesses, it's good to keep track of payments and invoices, and it doesn't really cost of a lot, so it's something you should research. And based off that research, I went ahead and signed up and I've been using it ever since. For me, it was pretty easy. I don't think there was anything too complicated. I guess it really just depends on what you're looking to get out of it. Like I said, I use mine for invoices primarily and keeping track of payments from clients. So there's a few other different features that you can utilize on there, but because those are my two main priorities, it was really easy just to get everything set up with the account, play around with all the different features, and at least get a few invoices written up. So I would say pretty easy. I would say if you're a small, medium business, it's definitely something that you should look into. It might not make sense for large corporate clients because maybe you have a lot more users or something like that. But for small, medium business, it's definitely something to look into. I mean, I would say especially also, the other thing is if you're not necessarily very knowledgeable about accounting practices or managing your books or keeping track of the ledger and invoices and stuff like that, payroll, this is a good way to help with that because they are able to walk you through each step-by-step part of the process. So I found that part to be helpful as well. So yeah, I would say it doesn't hurt for a small and medium business size owner to look at that and just consider it. But I've really enjoyed using it so far and I don't anticipate changing anytime soon.

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User interface
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178021 video thumbnail}
1 Video
153758
5 screenshots
178021
2 screenshots
Do these products fit your needs?

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

Logo Img
--%
Logo Img
--%
Accounting Integration
207
Important
Activity Dashboard
388
Important

Momenteo

5/50
  • Accounting Integration
  • Activity Dashboard
  • Alerts/Notifications
  • API
  • Backup and Recovery
  • Billing Portal
  • Bulk Send
  • Client Management
  • Compliance Management
  • Contact Database
  • Contingency Billing
  • Credit Card Processing
  • Credit Note
  • Customizable Branding
  • Customizable Invoices
  • Customizable Reports
  • Customizable Templates
  • Document Management
  • Dunning Management
  • Dynamic Pricing
  • Email Management
  • Event Logs
  • File Encryption
  • File Sharing
  • Financial Management
  • Fraud Detection
  • Hourly Billing
  • Invoice Processing
  • Master Data Management
  • Mobile Payments
  • Multi-Language
  • Payment Processing
  • Process/Workflow Automation
  • Project Billing
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Real-Time Data
  • Real-Time Reporting
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Tax Calculation
  • Third-Party Integrations
  • Time & Expense Tracking
  • Invoice Creation
  • Invoice History
  • Multi-Currency
  • Online Invoicing
  • Quotes/Estimates
See All features
Hide Billing and Invoicing Software Features -

Wave

Top Features
18/50
Show Billing and Invoicing Software Features +
Momenteo
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • 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
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • 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
Momenteo
  • By Momenteo
  • Located in Canada
  • Founded in 2015
Wave
  • By Wave
  • Located in Canada
  • Founded in 2009
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