Wave

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 efficiency and accuracy. 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. A 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. The platform ensures data availability and provides backup services for extra peace of mind. A key feature of the Pro Plan is the ability to establish unlimited bank and credit card connections, allowing users to connect their accounts within seconds. This automated process eliminates the need for manual receipt entry, saving time and reducing the risk of errors. Additionally, Wave's Pro Plan empowers users to keep track of their business's financial health by offering robust small business accounting reports. These reports, which are easy to use, provide valuable 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 more effectively. Another significant advantage of the Pro Plan is the simplified tax management process it offers. By organizing income, expenses, payments, and invoices through the smart dashboard, Wave ensures that tax time becomes less burdensome for businesses. Moreover, Wave's security measures guarantee the protection of sensitive financial data. Bank data connections are read-only and encrypted using 256-bit encryption. The servers are housed under robust 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.