A detailed comparison of Smart Platform 12 and Wave to help you choose the right tool for your needs.
Smart Platform 12 is a accounting platform for modern teams.
| Plan | Smart Platform 12 | Wave |
|---|---|---|
| Free Tier | ✗ No | ✓ Free accounting and invoicing |
| Lowest Paid | $29/month | Free |
| Enterprise | $299/month+ | Paid payroll available |
| Feature | Smart Platform 12 | Wave |
|---|---|---|
| Invoicing | ✓ | ✓ |
| Expense tracking | ✓ | — |
| Bank reconciliation | ✓ | — |
| Automated workflows | ✓ | — |
| Team collaboration | ✓ | — |
| Advanced analytics | ✓ | — |
| Accounting | — | ✓ |
| Receipt scanning | — | ✓ |
| Financial reports | — | ✓ |
| Bank connections | — | ✓ |
| Payments | — | ✓ |
| Payroll (paid) | — | ✓ |
| Multi-currency | — | ✓ |
| Dashboard | — | ✓ |
| Mobile app | — | ✓ |
| Open Source | ✓ | ✗ |
| Rating | ⭐ 4.1 | ⭐ 4 |
Choose Smart Platform 12 if: You need teams that need scalable accounting workflows. Smart Platform 12 excels with its fast implementation and strong automation features.
Choose Wave if: You need freelancers and micro-businesses wanting free accounting. Wave stands out with its completely free and easy to use.
Best free option: Wave offers a free tier (Free accounting and invoicing).
It depends on your needs. Smart Platform 12 is better for teams that need scalable accounting workflows, while Wave is better for freelancers and micro-businesses wanting free accounting. Both are excellent tools rated 4.1 and 4 respectively.
Smart Platform 12 starts at $29/month while Wave starts at Free. Wave also has a free tier.
Most tools offer import/export features to help you migrate. We recommend trying Wave's free tier before fully committing to a switch.
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