---
description: Compare Wave vs Microsoft Excel regarding their features, reviews, pricing, specifications, screenshots & more.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: Wave vs Microsoft Excel Comparison
---

Breadcrumb: [Home](/) > [Online Payroll Software](/directory/1618/online-payroll/software) > [Wave \<span\>vs\</span\> Microsoft Excel](https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel)

# Compare Wave vs Microsoft Excel

Canonical: https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel

> Detailed comparison between Wave and Microsoft Excel. Check ratings, reviews, pricing, and features to make the best decision for your business.

-----

## At a Glance

| Metric | Wave | Microsoft Excel |
| **Overall rating** | 4.4/5 | 4.8/5 |
| **Total Reviews** | 1721 | 19447 |
| **Starting Price** | US$19.00 | US$6.00 |
| **Free Trial** | Yes | No |
| **Free Version** | Yes | Yes |
| **Deployment** | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile) | Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Android (Mobile), iPhone (Mobile), iPad (Mobile) |
| **Support** | Email/Help Desk, FAQs/Forum, Knowledge Base, Chat | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support |
| **Training** | In Person, Live Online, Webinars, Documentation, Videos | Videos |

## Key features

### Wave

- Accounting
- Accounts Payable
- Cash Flow Management
- Collaboration Tools
- Customisable Templates
- Data Import/Export
- Encryption
- For Real Estate
- For Religious Organizations
- Fund Accounting
- Online Invoicing
- Partial Payments
- Projections
- Real-Time Updates
- Reminders
- Spend Management
- Status Tracking

### Microsoft Excel

- Collaboration Tools
- Customisable Templates
- Data Import/Export
- Project Management
- Real-Time Data
- Real-Time Updates
- Team Collaboration

## Links

- [View Wave Profile](https://www.softwareadvice.ie/software/18767/wave)
- [View Microsoft Excel Profile](https://www.softwareadvice.ie/software/402345/microsoft-excel)
- [View Original Comparison](https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel)

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":"Wave vs Microsoft Excel Comparison","description":"Compare Wave vs Microsoft Excel regarding their features, reviews, pricing, specifications, screenshots & more.","url":"https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel","about":[{"@id":"https://www.softwareadvice.ie/software/18767/wave#software"},{"@id":"https://www.softwareadvice.ie/software/402345/microsoft-excel#software"}],"breadcrumb":{"@id":"https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel#breadcrumblist"},"@id":"https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel#webpage","@type":["WebPage","CollectionPage"],"isPartOf":{"@id":"https://www.softwareadvice.ie/#website"},"publisher":{"@id":"https://www.softwareadvice.ie/#organization"},"inLanguage":"en-IE"},{"name":"Wave","description":"Online accounting software that provides features including invoicing, billing, payment tracking, payroll management, finance management, credit card processing, and receipt scanning. Wave Accounting is designed to help businesses streamline bookkeeping processes. With Wave's bank reconciliation tools, businesses can manage all bank account and credit card information in real-time to improve bookkeeping. Businesses can also generate reports that include various data such as sales tax, balance sheet, cash flow, profit/loss, plus more. Wave's dashboard includes an invoicing tool that collects invoice payments.\n\nA small business owner can choose customizable invoicing templates based on unique business needs. Invoices can be sent via email and the software's credit card processing feature allows users to collect payments online. Recurring invoices and automatic payment features are available for regular customers. Wave empowers users to keep track of their business's financial health by offering accounting reports. These reports provide insights by allowing for month-to-month or year-to-year comparisons. By identifying cash flow trends, businesses can make informed decisions to navigate their financial landscape. It organizes income, expenses, payments, and invoices through the dashboard. \n\nIts security measures assist with the protection of sensitive financial data. Bank data connections are read-only and encrypted using 256-bit encryption. The servers are housed under physical and electronic protection, and Wave is PCI Level-1 certified for handling credit card and bank account information, further enhancing the security of users' financial information.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/aa983cb3-33c6-4340-899e-e5b0e3efa66f.jpg","url":"https://www.softwareadvice.ie/software/18767/wave","@id":"https://www.softwareadvice.ie/software/18767/wave#software","@type":"SoftwareApplication","applicationCategory":"BusinessApplication","publisher":{"@id":"https://www.softwareadvice.ie/#organization"},"aggregateRating":{"@type":"AggregateRating","ratingValue":4.4,"bestRating":5,"ratingCount":1721},"offers":{"price":"19","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud, Android, Platform ios"},{"name":"Microsoft Excel","description":"Microsoft Excel is a productivity solution that helps businesses of all sizes create spreadsheets to organize data and perform calculations. The platform enables managers to format and present data in charts, graphs, sparklines, tables and other formats. \n\nAdministrators can share and collaborate with colleagues on workbooks using mobile applications on Android and iOS devices. Microsoft Excel offers an image recognition functionality, which allows teams to convert images into editable tables in real-time. Additionally, supervisors can import, view, organize and visualize data across financial transactions on a unified interface.\n\nMicrosoft Excel lets stakeholders apply built-in formulas to create forecasts and predict upcoming trends. Pricing is based on monthly subscriptions and support is extended via FAQs, phone, email, self-help resources and an online contact form.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/880c9eba-742e-4f68-8284-33c424c3e41e.webp","url":"https://www.softwareadvice.ie/software/402345/microsoft-excel","@id":"https://www.softwareadvice.ie/software/402345/microsoft-excel#software","@type":"SoftwareApplication","applicationCategory":"BusinessApplication","publisher":{"@id":"https://www.softwareadvice.ie/#organization"},"aggregateRating":{"@type":"AggregateRating","ratingValue":4.8,"bestRating":5,"ratingCount":19447},"offers":{"price":"6","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud, Apple, Windows, Android, Platform ios, Platform ipad"},{"@id":"https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel#breadcrumblist","@type":"BreadcrumbList","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Online Payroll Software","position":2,"item":"/directory/1618/online-payroll/software","@type":"ListItem"},{"name":"Wave vs Microsoft Excel","position":3,"item":"https://www.softwareadvice.ie/compare/18767/402345/wave/vs/microsoft-excel","@type":"ListItem"}]}]}
</script>
