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What is Wave Accounting?

Wave presents a robust and no-cost accounting solution that streamlines financial management for entrepreneurs. Its intuitive features enable users to connect their bank accounts, automatically sync their expenditures, and maintain balanced books, all while ensuring readiness for tax season. Seize control of your financial landscape today with a platform that eliminates unnecessary jargon and complexity. After setting up your account, you can swiftly configure everything and access the system at your convenience, whether at home or on the go. Your financial information remains available and is securely stored, giving you reassurance about data safety. Linking your bank accounts is a quick process, and transactions are automatically recorded in your bookkeeping, saving you from the tedious task of manually entering receipts. With a clear snapshot of your finances, you’re better equipped to make informed choices for your business. Our easy-to-use reporting tools facilitate month-to-month and year-to-year comparisons, allowing you to identify cash flow trends effortlessly. When your financials are well-organized, tax season transforms into a stress-free endeavor, enabling you to concentrate on your business growth. Starting with Wave means you are not merely managing finances; you are also equipping your business for future success and stability. Moreover, you gain valuable insights that can help you navigate your business trajectory with confidence.

What is ReceiptsAI?

ReceiptsAI offers a groundbreaking bookkeeping solution that utilizes artificial intelligence, tailored for small businesses, freelancers, and accountants. This platform seamlessly converts receipts, invoices, and bank statements into structured financial records poised for export, thereby removing the hassle of manual data entry. With the ability to easily upload documents from any device or forward emails directly from Gmail or Outlook, ReceiptsAI automatically captures receipts for you. Its sophisticated AI technology can extract more than 50 data points, including merchant details, dates, amounts, taxes, and line items, achieving remarkable accuracy above 99% and organizing transactions according to your custom rules or one of the 30+ industry-specific templates provided. Furthermore, this software includes integrated reporting features that reveal insights into your spending habits by month, merchant, category, and tax. You can conveniently export tidy CSV, Excel, or PDF files that are ready for your accountant during tax time, and the platform supports multiple currencies, allows bulk uploads, detects duplicates, and offers full-text search functions. In addition, privacy safeguards ensure that any sensitive information is redacted before AI processing, significantly enhancing your data security. Thus, ReceiptsAI serves not only as a tool but also as a valuable partner in managing your financial affairs, streamlining your accounting processes and giving you peace of mind.

Media

Media

No images available

Integrations Supported

CartonCloud
Cognito Forms
Compliancely
Field Service Cloud
Gmail
Google Drive
HoneyBook
HubSpot Customer Platform
Insightly
Local Line
Maintenance Care
MinuteDock
Payment Rails
Revamp CRM
Stripe
Textlocal
Uplinq
Wave Payroll
Zapier
taxomate

Integrations Supported

CartonCloud
Cognito Forms
Compliancely
Field Service Cloud
Gmail
Google Drive
HoneyBook
HubSpot Customer Platform
Insightly
Local Line
Maintenance Care
MinuteDock
Payment Rails
Revamp CRM
Stripe
Textlocal
Uplinq
Wave Payroll
Zapier
taxomate

API Availability

Has API

API Availability

Has API

Pricing Information

$35 per month
Free Plan, Pay-per-use Plan, and Monthly plan all offered.
Free Version
Free Trial Offered?

Pricing Information

$12/month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Wave Financial

Date Founded

2009

Company Location

Canada

Company Website

www.waveapps.com/accounting

Company Facts

Organization Name

PMC Technologies OÜ

Date Founded

2020

Company Location

Netherlands

Company Website

receiptsai.com

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

Real Estate Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Commission Management
Contract Management
General Ledger
Mobile Access
Payroll
Property Development Management
Reporting / Analytics
Work Order Management

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Categories and Features

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

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