Stop researching and start deciding. Our feature-by-feature comparison of Sage and Wave gives mid-market Australian businesses the clarity they need — in minutes, not hours.
Side-by-side feature ratings for Sage and Wave.
| Feature | Sage | Wave | Notes |
|---|---|---|---|
| Invoicing | Sage edges out Wave on invoicing, though the gap is modest enough that other factors may matter more. | ||
| Expense tracking | On expense tracking, Sage is marginally stronger — but Wave still delivers a solid experience here. | ||
| Bank reconciliation | Wave has a slight edge in bank reconciliation. | ||
| Payroll | Sage significantly outperforms Wave on payroll, making it the stronger choice for businesses that prioritise this area. | ||
| Tax reporting and BAS | When it comes to tax reporting and bas, Wave pulls clearly ahead of Sage — a factor worth weighing if this capability is important to your team. | ||
| Multi-currency support | When it comes to multi-currency support, Wave pulls clearly ahead of Sage — a factor worth weighing if this capability is important to your team. | ||
| Inventory management | Sage significantly outperforms Wave on inventory management, making it the stronger choice for businesses that prioritise this area. | ||
| Project accounting | When it comes to project accounting, Wave pulls clearly ahead of Sage — a factor worth weighing if this capability is important to your team. | ||
| Budgeting and forecasting | Sage has a slight edge in budgeting and forecasting. | ||
| API and integrations | Wave holds a small advantage in api and integrations. For most mid-market Australian businesses, this difference alone would not drive the decision. | ||
| Ease of setup | Sage holds a small advantage in ease of setup. For most mid-market Australian businesses, this difference alone would not drive the decision. | ||
| Value for money | Sage edges out Wave on value for money, though the gap is modest enough that other factors may matter more. |
Invoicing
Sage
Wave
Sage edges out Wave on invoicing, though the gap is modest enough that other factors may matter more.
Expense tracking
Sage
Wave
On expense tracking, Sage is marginally stronger — but Wave still delivers a solid experience here.
Bank reconciliation
Sage
Wave
Wave has a slight edge in bank reconciliation.
Payroll
Sage
Wave
Sage significantly outperforms Wave on payroll, making it the stronger choice for businesses that prioritise this area.
Tax reporting and BAS
Sage
Wave
When it comes to tax reporting and bas, Wave pulls clearly ahead of Sage — a factor worth weighing if this capability is important to your team.
Multi-currency support
Sage
Wave
When it comes to multi-currency support, Wave pulls clearly ahead of Sage — a factor worth weighing if this capability is important to your team.
Inventory management
Sage
Wave
Sage significantly outperforms Wave on inventory management, making it the stronger choice for businesses that prioritise this area.
Project accounting
Sage
Wave
When it comes to project accounting, Wave pulls clearly ahead of Sage — a factor worth weighing if this capability is important to your team.
Budgeting and forecasting
Sage
Wave
Sage has a slight edge in budgeting and forecasting.
API and integrations
Sage
Wave
Wave holds a small advantage in api and integrations. For most mid-market Australian businesses, this difference alone would not drive the decision.
Ease of setup
Sage
Wave
Sage holds a small advantage in ease of setup. For most mid-market Australian businesses, this difference alone would not drive the decision.
Value for money
Sage
Wave
Sage edges out Wave on value for money, though the gap is modest enough that other factors may matter more.
General pricing information for each platform.
From ~$17/month
Prices shown are approximate and may differ based on your plan, team size, and billing cycle. Verify directly with the vendor for current AUD rates.
Free for invoicing and accounting
Pricing is indicative only and subject to change. We recommend contacting the vendor for a tailored quote based on your Australian business needs.
An honest look at the strengths and limitations of each platform.
Pros
Cons
Pros
Cons
Which tool suits which use case.
Our Harvard-educated consultants' take on this comparison.
Both Sage and Wave are strong accounting & finance platforms. The right choice depends on your team size, budget, and specific feature priorities. Rather than recommending one over the other, our approach at Clever Ops is to assess your actual workflows and match you to the platform that will deliver the best return. We have 12+ of experience implementing both tools and can help you configure whichever you choose — or integrate them if you decide to use both.
What to know about switching between Sage and Wave.
Both Sage and Wave offer REST APIs, which simplifies the migration process. Clever Ops builds custom migration scripts that extract data from one platform and import it into the other with full field mapping. We validate every record, run parallel systems during the switch, and provide 3 months of post-migration support.
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