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Compare Sovos and Wave

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At a Glance
Sovos
Sovos
Star Rating
(86)4.2 out of 5
Market Segments
Mid-Market (47.0% of reviews)
Information
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about Sovos
Wave
Wave
Star Rating
(307)4.3 out of 5
Market Segments
Small-Business (95.3% of reviews)
Information
Pros & Cons
Entry-Level Pricing
$20-$35 per month
Browse all 3 pricing plans

Sovos vs Wave

When assessing the two solutions, reviewers found Wave easier to use, set up, and administer. Reviewers also preferred doing business with Wave overall.

  • Sovos and Wave both meet the requirements of our reviewers at a comparable rate.
  • When comparing quality of ongoing product support, reviewers felt that Sovos is the preferred option.
  • For feature updates and roadmaps, our reviewers preferred the direction of Wave over Sovos.
Pricing
Entry-Level Pricing
Sovos
No pricing available
Wave
Pay your staff
$20-$35
per month
Browse all 3 pricing plans
Free Trial
Sovos
No trial information available
Wave
Free Trial is available
Ratings
Meets Requirements
8.6
73
8.6
249
Ease of Use
8.0
74
8.9
251
Ease of Setup
7.4
39
8.8
121
Ease of Admin
7.6
36
8.7
112
Quality of Support
8.4
73
7.6
165
Has the product been a good partner in doing business?
8.0
37
8.5
104
Product Direction (% positive)
7.8
64
8.0
240
Features by Category
Not enough data
7.1
82
General Ledger
Not enough data
7.9
54
|
Verified
Not enough data
7.8
45
|
Verified
Not enough data
7.5
44
|
Verified
Accounts Receivable
Not enough data
8.5
72
Not enough data
8.1
53
|
Verified
Not enough data
8.0
47
|
Verified
Accounts Payable
Not enough data
7.8
36
Not enough data
8.1
51
|
Verified
Not enough data
7.2
32
|
Verified
Other Functionality
Not enough data
6.8
27
|
Verified
Not enough data
7.0
29
|
Verified
Not enough data
6.8
28
Not enough data
6.9
31
|
Verified
Not enough data
7.1
32
|
Verified
Not enough data
7.6
44
|
Verified
Not enough data
6.7
27
|
Verified
Not enough data
6.7
26
|
Verified
Reporting & Analytics
Not enough data
8.3
72
|
Verified
Not enough data
7.9
59
|
Verified
Not enough data
7.5
40
|
Verified
Not enough data
8.5
70
|
Verified
Platform
Not enough data
7.3
58
|
Verified
Not enough data
7.3
40
|
Verified
Not enough data
7.8
54
|
Verified
Not enough data
7.3
28
|
Verified
Not enough data
8.2
64
|
Verified
Not enough data
7.9
53
|
Verified
Integration
Not enough data
7.8
49
|
Verified
Not enough data
7.2
31
Not enough data
6.6
31
|
Verified
Cash Flow
Not enough data
7.9
32
|
Verified
Not enough data
8.3
35
|
Verified
Not enough data
7.6
28
|
Verified
Budgeting & Forecasting
Not enough data
7.5
40
|
Verified
Not enough data
7.0
23
|
Verified
Not enough data
6.6
17
|
Verified
Not enough data
7.2
27
|
Verified
Revenue
Not enough data
7.9
28
|
Verified
Not enough data
7.5
23
|
Verified
Not enough data
7.2
21
Payroll
Not enough data
6.7
20
|
Verified
Not enough data
6.8
17
Not enough data
6.6
20
|
Verified
Not enough data
7.7
25
|
Verified
AI
Not enough data
5.5
7
Not enough data
6.5
8
Not enough data
6.7
9
Not enough data
4.5
7
Not enough data
6.7
8
Not enough data
5.6
8
Not enough data
7.6
9
Not enough data
6.7
8
Not enough data
6.0
7
Not enough data
5.7
7
Mobile Applications - Accounting
Not enough data
6.5
8
Not enough data
7.5
8
Not enough data
6.7
7
Not enough data
3.0
5
Not enough data
6.2
7
Not enough data
7.7
8
Agentic AI - Accounting
Not enough data
Not enough data
Not enough data
7.8
47
Bill Generation
Not enough data
7.9
36
Not enough data
8.3
40
Not enough data
8.0
35
Bill Processing
Not enough data
7.6
28
Not enough data
7.6
26
Not enough data
8.2
38
Integration
Not enough data
7.9
37
Not enough data
8.0
33
Not enough data
6.8
19
Agentic AI - Billing
Not enough data
Not enough data
Sales Tax and VAT ComplianceHide 13 FeaturesShow 13 Features
7.9
24
Not enough data
Tracking
8.5
22
Not enough data
8.0
9
Not enough data
8.1
12
Not enough data
7.4
19
Not enough data
7.3
15
Not enough data
7.0
16
Not enough data
Integrations
6.7
19
Not enough data
Remittance
8.3
15
Not enough data
7.5
14
Not enough data
7.9
8
Not enough data
7.8
9
Not enough data
Agentic AI - Sales Tax and VAT Compliance
Not enough data
Not enough data
Not enough data
Not enough data
8.8
9
Not enough data
Tax Planning
9.0
5
Not enough data
8.7
5
Not enough data
7.6
9
Not enough data
8.0
9
Not enough data
Tax Filing
8.7
9
Not enough data
8.9
9
Not enough data
9.1
9
Not enough data
Workflows
7.8
9
Not enough data
8.3
9
Not enough data
Not enough data
Not enough data
Agentic AI - SAP Store
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Accounting & FinanceHide 1 FeatureShow 1 Feature
Not enough data
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Categories
Categories
Shared Categories
Sovos
Sovos
Wave
Wave
Sovos and Wave share no categories
Unique Categories
Wave
Wave is categorized as Billing and Accounting
Reviews
Reviewers' Company Size
Sovos
Sovos
Small-Business(50 or fewer emp.)
12.0%
Mid-Market(51-1000 emp.)
47.0%
Enterprise(> 1000 emp.)
41.0%
Wave
Wave
Small-Business(50 or fewer emp.)
95.3%
Mid-Market(51-1000 emp.)
3.7%
Enterprise(> 1000 emp.)
1.0%
Reviewers' Industry
Sovos
Sovos
Insurance
8.4%
Accounting
8.4%
Wholesale
6.0%
Retail
6.0%
Machinery
6.0%
Other
65.1%
Wave
Wave
Marketing and Advertising
16.1%
Information Technology and Services
6.0%
Accounting
5.4%
Design
4.7%
Computer Software
3.4%
Other
64.4%
Alternatives
Sovos
Sovos Alternatives
Avalara
Avalara
Add Avalara
Vertex
Vertex
Add Vertex
TaxJar
TaxJar
Add TaxJar
Thomson Reuters ONESOURCE
Thomson Reuters ONESOURCE
Add Thomson Reuters ONESOURCE
Wave
Wave Alternatives
Xero
Xero
Add Xero
FreshBooks
FreshBooks
Add FreshBooks
Zoho Books
Zoho Books
Add Zoho Books
QuickBooks Desktop Pro
Desktop Pro
Add QuickBooks Desktop Pro
Discussions
Sovos
Sovos Discussions
Are there any third-party evaluations of Sovos solutions like from Gartner, IDC or Forrester?
1 Comment
Official Response from Sovos
Yes, IDC conducted an extensive vendor assessment of the major market players in sales tax and VAT (including GST) automation and deemed Sovos a leader in...Read more
Monty the Mongoose crying
Sovos has no more discussions with answers
Wave
Wave Discussions
What is Wave Software?
2 Comments
Michael M.
MM
Wave software is an easy to use Payroll and Accounting software. You can create invoices, send billings, track expenses, and all normal transactions...Read more
Is wave a good accounting software?
2 Comments
MM
Yeah. It has most of the features required by a small business. You can request the team if you need anything in particular Read more
Is Wave Accounting really free?
2 Comments