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Wave vs Kani: Which is a better fit?

Updated on January 13th, 2025
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Summary
Key features rated by users
Features selected based on 4,189 reviews from Financial Reporting users.
% Fit
High performer
Feature ratings
Accounting
4.4
Profit/Loss Statement
4.5
Income & Balance Sheet
4.5
Reporting/Analytics
4.9
Bank Reconciliation
4.3
% Fit
Missing features
Not enough reviews
Feature ratings
Accounting
NA
Profit/Loss Statement
NA
Income & Balance Sheet
NA
Reporting/Analytics
4.5
Bank Reconciliation
--
User satisfaction
4.4
User reviews1,653
Ease of use
4.5
Functionality
4.2
Value for money
4.6
Customer support
4.0
4.5
User reviews13
Ease of use
4.6
Functionality
4.5
Value for money
4.5
Customer support
4.8
Price starts from
/user
Monthly subscription
Free version
Free trial
Monthly subscription
Free version
Free trial
Best for

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

FinTechs, BIN Sponsors, Payments companies and Challenger banks

User reviews
pros & cons
1 / 4
View Reviews
Not enough reviews
View Reviews
Video reviews
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
178021 video thumbnail}
1 Video
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178021
2 screenshots
206034
4 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
--%
Access Controls/Permissions
207
Important
Accounting
388
Important

Wave

Top Features
21/36
  • API
  • Approval Process Control
  • Audit Trail
  • Compliance Management
  • Consolidation/Roll-Up
  • Customizable Reports
  • Dashboard
  • Data Visualization
  • For Investors & Traders
  • Multi-Company
  • Real-Time Data
  • Real-Time Reporting
  • Self-Service Reporting
  • "What If" Scenarios
  • Workflow Management
  • Access Controls/Permissions
  • Accounting
  • Activity Dashboard
  • Alerts/Notifications
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Cash Flow Management
  • Cash Management
  • Customizable Templates
  • Data Import/Export
  • Expense Tracking
  • Financial Analysis
  • General Ledger
  • Income & Balance Sheet
  • Multi-Currency
  • Profit/Loss Statement
  • Purchase Order Management
  • Receipt Management
  • Reporting/Analytics
  • Third-Party Integrations
See All features
Hide Financial Reporting Software Features -

Kani

19/36
Show Financial Reporting Software Features +
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
Kani
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
  • By Wave
  • Located in Canada
  • Founded in 2009
Kani
  • By Kani Payments
  • Located in United Kingdom
  • Founded in 2018
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