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At a Glance
Market Segments
Small-Business (59.7% of reviews)
Small-Business (95.3% of reviews)
Entry-Level Pricing
Contact Us 1 Gold Per Year
$20-$35 per month
TallyPrime
Star Rating
(277)4.5 out of 5
Market Segments
Small-Business (59.7% of reviews)
Pros & Cons
Entry-Level Pricing
Contact Us 1 Gold Per Year
Browse all 3 pricing plansWave
Star Rating
(307)4.3 out of 5
Market Segments
Small-Business (95.3% of reviews)
Pros & Cons
Entry-Level Pricing
$20-$35 per month
Browse all 3 pricing plansSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- Users report that Wave excels in its invoice generation capabilities, particularly with features like digital invoices and recurring invoices, which received high ratings of 8.6 and 8.7 respectively. In contrast, TallyPrime's invoice generation features, while solid, do not match the same level of user satisfaction.
- Reviewers mention that TallyPrime shines in accounts payable automation, scoring 8.0, which is slightly better than Wave's 7.8. Users appreciate TallyPrime's streamlined processes for managing vendor payments, making it a preferred choice for businesses focused on AP efficiency.
- G2 users highlight Wave's superior chart of accounts feature, which scored an impressive 9.4, indicating a more user-friendly and customizable experience compared to TallyPrime's 8.7. This flexibility is crucial for small businesses needing tailored financial tracking.
- Users on G2 report that TallyPrime offers a more robust audit trail feature, with a score of 8.2, compared to Wave's 7.6. This is particularly important for businesses that require stringent compliance and tracking of financial transactions.
- Reviewers mention that Wave's ease of use is a standout feature, with a score of 8.9, making it highly accessible for small business owners who may not have extensive accounting knowledge. TallyPrime, while also user-friendly, scored slightly higher at 9.0, indicating a competitive edge in this area.
- Users say that TallyPrime's financial statements feature is more comprehensive, scoring 8.8 compared to Wave's 8.3. This allows for better insights and reporting capabilities, which is essential for businesses looking to analyze their financial health effectively.
Pricing
Entry-Level Pricing
TallyPrime
TallyPrime Gold
Contact Us
1 Gold Per Year
Unlimited multi-user edition for multiple PCs on LAN environment.
- Invoicing and Accounting
- Inventory Management
- Billing Management
Wave
Pay your staff
$20-$35
per month
$20/month base fee in Canada + 44 states
$35/month base fee in California, Florida, New York, Texas, Illinois & Washington
$4 additional per employee added
- Includes direct deposit.
- Employee portal to check pay stubs and history.
- Perfect for salaried and hourly workers, full-time or part-time.
Free Trial
TallyPrime
Free Trial is available
Wave
Free Trial is available
Ratings
Meets Requirements
8.7
193
8.6
249
Ease of Use
9.0
193
8.9
251
Ease of Setup
9.1
78
8.8
121
Ease of Admin
8.9
55
8.7
112
Quality of Support
8.5
189
7.6
165
Has the product been a good partner in doing business?
9.1
53
8.5
104
Product Direction (% positive)
8.7
177
8.0
240
Features by Category
General Ledger
9.1
82
7.9
54
|
Verified
7.8
71
7.8
45
|
Verified
8.3
76
7.5
44
|
Verified
Accounts Receivable
8.4
75
8.5
72
7.4
67
8.1
53
|
Verified
7.7
66
8.0
47
|
Verified
Accounts Payable
7.8
65
7.8
36
8.4
71
8.1
51
|
Verified
8.4
74
7.2
32
|
Verified
Other Functionality
8.0
71
6.8
27
|
Verified
8.4
71
7.0
29
|
Verified
8.1
69
6.8
28
7.6
68
6.9
31
|
Verified
7.5
64
7.1
32
|
Verified
8.4
79
7.6
44
|
Verified
8.0
63
6.7
27
|
Verified
7.8
69
6.7
26
|
Verified
Reporting & Analytics
8.9
82
8.3
72
|
Verified
8.4
74
7.9
59
|
Verified
7.8
65
7.5
40
|
Verified
8.0
73
8.5
70
|
Verified
Platform
8.0
69
7.3
58
|
Verified
7.8
72
7.3
40
|
Verified
8.2
72
7.8
54
|
Verified
8.0
61
7.3
28
|
Verified
8.4
77
8.2
64
|
Verified
8.6
74
7.9
53
|
Verified
Integration
8.3
75
7.8
49
|
Verified
7.5
59
7.2
31
7.8
54
6.6
31
|
Verified
Cash Flow
8.8
63
7.9
32
|
Verified
9.0
70
8.3
35
|
Verified
9.2
70
7.6
28
|
Verified
Budgeting & Forecasting
7.8
65
7.5
40
|
Verified
8.4
66
7.0
23
|
Verified
8.4
54
6.6
17
|
Verified
8.5
63
7.2
27
|
Verified
Revenue
8.5
65
7.9
28
|
Verified
8.6
64
7.5
23
|
Verified
8.2
57
7.2
21
Payroll
8.2
60
6.7
20
|
Verified
7.9
56
6.8
17
8.3
65
6.6
20
|
Verified
8.3
67
7.7
25
|
Verified
AI
6.7
14
5.5
7
7.0
14
6.5
8
6.9
14
6.7
9
5.5
14
4.5
7
6.9
15
6.7
8
6.3
14
5.6
8
6.9
15
7.6
9
6.7
14
6.7
8
5.8
15
6.0
7
6.2
14
5.7
7
Mobile Applications - Accounting
7.6
12
6.5
8
7.3
13
7.5
8
7.5
12
6.7
7
7.3
13
3.0
5
7.6
13
6.2
7
8.3
13
7.7
8
Agentic AI - Accounting
5.5
7
Not enough data
Invoice Generation
8.6
37
Not enough data
8.8
38
Not enough data
8.8
37
Not enough data
Invoice Processing
8.8
37
Not enough data
8.2
37
Not enough data
8.8
35
Not enough data
8.7
37
Not enough data
Analytics
8.7
39
Not enough data
8.8
39
Not enough data
8.0
29
Not enough data
8.9
38
Not enough data
Integration
9.2
42
Not enough data
8.6
38
Not enough data
8.5
38
Not enough data
8.8
36
Not enough data
Agentic AI - Invoice Management
6.3
5
Not enough data
6.1
6
Not enough data
6.1
6
Not enough data
Accounting
9.3
37
|
Verified
Not enough data
9.0
31
|
Verified
Not enough data
8.8
30
|
Verified
Not enough data
9.5
40
|
Verified
Not enough data
9.0
31
|
Verified
Not enough data
9.2
38
|
Verified
Not enough data
8.9
11
Not enough data
9.0
18
|
Verified
Not enough data
9.3
18
|
Verified
Not enough data
9.2
18
|
Verified
Not enough data
Inventory & Warehouse
9.3
36
|
Verified
Not enough data
8.9
36
|
Verified
Not enough data
8.8
36
|
Verified
Not enough data
8.8
30
|
Verified
Not enough data
9.0
30
|
Verified
Not enough data
Purchasing
8.7
33
|
Verified
Not enough data
9.0
38
|
Verified
Not enough data
8.5
32
|
Verified
Not enough data
9.2
36
|
Verified
Not enough data
Sales & Marketing
9.1
36
|
Verified
Not enough data
8.6
29
|
Verified
Not enough data
9.1
37
|
Verified
Not enough data
9.2
35
|
Verified
Not enough data
9.0
35
|
Verified
Not enough data
9.1
36
|
Verified
Not enough data
Manufacturing
9.0
28
|
Verified
Not enough data
9.3
27
|
Verified
Not enough data
9.3
31
|
Verified
Not enough data
9.5
29
|
Verified
Not enough data
9.2
26
Not enough data
8.7
26
|
Verified
Not enough data
Quality Management
8.9
31
Not enough data
8.7
29
Not enough data
8.7
29
Not enough data
8.9
28
Not enough data
Distribution
8.9
26
Not enough data
8.8
26
Not enough data
9.1
25
|
Verified
Not enough data
HR
9.2
31
|
Verified
Not enough data
8.9
25
Not enough data
8.9
29
|
Verified
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Discrete ERP
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Accounting
8.2
67
|
Verified
Not enough data
8.2
67
|
Verified
Not enough data
8.3
73
|
Verified
Not enough data
8.2
75
|
Verified
Not enough data
8.1
72
|
Verified
Not enough data
9.0
80
|
Verified
Not enough data
8.8
75
|
Verified
Not enough data
9.1
78
|
Verified
Not enough data
9.0
75
|
Verified
Not enough data
8.6
70
|
Verified
Not enough data
8.7
76
|
Verified
Not enough data
8.4
72
|
Verified
Not enough data
8.8
77
|
Verified
Not enough data
8.3
68
|
Verified
Not enough data
8.4
41
|
Verified
Not enough data
8.1
41
Not enough data
8.7
45
Not enough data
8.4
45
|
Verified
Not enough data
Back Office
8.4
73
|
Verified
Not enough data
8.7
71
Not enough data
Feature Not Available
Not enough data
8.7
53
Not enough data
8.7
63
|
Verified
Not enough data
8.7
65
|
Verified
Not enough data
Feature Not Available
Not enough data
8.9
71
|
Verified
Not enough data
8.4
64
|
Verified
Not enough data
8.3
48
Not enough data
8.3
60
Not enough data
8.6
53
Not enough data
8.3
48
Not enough data
8.6
44
Not enough data
Front Office
8.3
55
Not enough data
8.4
58
Not enough data
8.8
48
Not enough data
8.4
64
|
Verified
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
8.4
63
|
Verified
Not enough data
8.5
58
Not enough data
8.2
60
Not enough data
8.4
59
|
Verified
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
8.1
51
|
Verified
Not enough data
Feature Not Available
Not enough data
8.7
43
Not enough data
Integration
8.7
46
|
Verified
Not enough data
9.0
66
|
Verified
Not enough data
8.9
53
|
Verified
Not enough data
Logistics
8.4
60
|
Verified
Not enough data
8.4
54
|
Verified
Not enough data
8.5
54
|
Verified
Not enough data
8.7
64
|
Verified
Not enough data
8.7
62
|
Verified
Not enough data
8.7
62
|
Verified
Not enough data
8.1
54
|
Verified
Not enough data
8.2
53
Not enough data
8.5
58
|
Verified
Not enough data
8.3
54
Not enough data
Platform
8.7
60
|
Verified
Not enough data
8.5
56
|
Verified
Not enough data
8.6
59
|
Verified
Not enough data
8.8
59
|
Verified
Not enough data
8.6
63
|
Verified
Not enough data
8.5
61
|
Verified
Not enough data
Production
8.6
49
|
Verified
Not enough data
8.3
48
|
Verified
Not enough data
8.6
50
|
Verified
Not enough data
Feature Not Available
Not enough data
8.4
51
|
Verified
Not enough data
8.4
49
|
Verified
Not enough data
8.4
51
|
Verified
Not enough data
8.3
50
Not enough data
8.2
48
Not enough data
8.5
48
|
Verified
Not enough data
8.4
46
|
Verified
Not enough data
8.6
48
|
Verified
Not enough data
Reporting & Analytics
8.6
62
|
Verified
Not enough data
8.5
57
|
Verified
Not enough data
8.7
54
Not enough data
Generative AI
7.4
11
Not enough data
7.6
11
Not enough data
Agentic AI - ERP Systems
Not enough data
Not enough data
Multichannel inventory management
8.6
30
Not enough data
8.4
29
Not enough data
8.5
29
Not enough data
3PL inventory management
8.6
30
Not enough data
8.2
29
Not enough data
8.3
29
Not enough data
Inventory Management
8.6
33
Not enough data
8.9
32
Not enough data
8.6
31
Not enough data
8.4
30
Not enough data
8.7
30
Not enough data
Inventory Management Platform Features
8.4
34
Not enough data
8.6
34
Not enough data
8.9
35
Not enough data
8.3
34
Not enough data
8.0
30
Not enough data
8.2
35
Not enough data
8.0
34
Not enough data
8.3
28
Not enough data
9.0
33
Not enough data
8.7
36
Not enough data
Bill Generation
8.6
47
7.9
36
9.1
47
8.3
40
8.1
45
8.0
35
Bill Processing
8.5
45
7.6
28
8.5
42
7.6
26
8.5
47
8.2
38
Integration
9.1
54
7.9
37
8.8
52
8.0
33
8.8
49
6.8
19
Agentic AI - Billing
5.2
7
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Categories
Categories
Shared Categories
TallyPrime and Wave are categorized as Billing and Accounting
Unique Categories
Wave has no unique categories
Reviews
Reviewers' Company Size
TallyPrime
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Wave
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Accounting
38.8%
Information Technology and Services
5.4%
Computer Software
4.7%
Automotive
3.5%
Marketing and Advertising
2.7%
Other
45.0%
Marketing and Advertising
16.1%
Information Technology and Services
6.0%
Accounting
5.4%
Design
4.7%
Computer Software
3.4%
Other
64.4%
Discussions
How do i extract ledgers for Account payables and recievables?
2 Comments
RR
Pls check this link , may be it helps
https://help.tallysolutions.com/article/Tally.ERP9/Reports/MIS_Reports/Ledger_Outstandings_Report.htmRead more
how can we use tally for big inventory business like marts etc. do we have to enter all the items manually
1 Comment
Official Response from TallyPrime
Hi Muhammad,
We don't have default list/category/catalogs in TallyPrime. However, you can create multiple items/categories at once.
For more details,...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
What is Wave Software?
2 Comments
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
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