Wave Financial Inc. NPS & Customer Reviews | Comparably
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About Wave Financial Inc. Brand

"Wave (waveapps.com) offers a cloud-based integrated suite of small business tools including accounting, invoices, payments & payroll." Among its major competitors, Wave Financial Inc. is ranked in 4th place for NPS while Xero Inc is 1st, and Kashoo is 2nd. Overall, Wave Financial Inc. has a neutral social sentiment, when analyzing social media channels and online mentions.

Brand at a Glance

82%
Customer Loyalty
3.7/5
Product Quality
3.7/5
Pricing
2.6/5
Customer Service

Wave Financial Inc. Ranking

Wave Financial Inc. NPS

Wave Financial Inc.'s Net Promoter Score (NPS) is a 25 with 55% Promoters, 15% Passives, and 30% Detractors. Net Promoter Score tracks whether Wave Financial Inc.'s customers would recommend using the product based on a scale of -100 to 100.

Wave Financial Inc. Overall NPS

25
NPS
55%Promoters
15%Passives
30%Detractors
Wave Financial Inc. Overall NPS

Wave Financial Inc. NPS Trend

-100
-50
0
50
100
Aug 2023
32
Aug 202332
Sep 2023
32
Sep 202332
Oct 2023
31
Oct 202331
Nov 2023
31
Nov 202331
Dec 2023
29
Dec 202329
Jan 2024
28
Jan 202428
May 2024
28
May 202428
Nov 2024
26
Nov 202426
Dec 2024
27
Dec 202427
Aug 2025
25
Aug 202525
Nov 2025
26
Nov 202526
Dec 2025
25
Dec 202525

How Other Brands Compare

Wave Financial Inc. is ranked third for NPS among its competitors. Xero Inc and FreshBooks come in first and second, with Zenefits coming in at #4.

Wave Financial Inc. Logo
Wave Financial Inc.
Xero Inc's Logo
Xero Inc
Zenefits' Logo
Zenefits
FreshBooks' Logo
FreshBooks
Global Ranking#-#368#412#-
NPS25441326
Social Sentiment Calculated by analyzing social media and other online mentionsNeutralNeutralNeutralNeutral
Valuation Updated every 24 hours for public companies--$4.50B$9.32B

What is NPS

Net Promoter Score (NPS) is a management tool that can be used to gauge the satisfaction of a firm's customer relationships. NPS has been widely adopted as a key metric often linked to the revenue potential of a company’s product or service. The metric is based on customer responses to the question: "On a scale of 0 to 10, how likely are you to recommend the product to a friend?"

Those who respond with a score of 9 to 10 are known as Promoters, and are widely associated with behaviors that create value, including actively encouraging others to use the product or service. Those who respond with a score of 7 or 8 are categorized as Passives, and they are believed to be less likely to exhibit the value-creation traits of Promoters having a largely neutral effect on other consumers. Detractors are those who fall in the score range of 0 to 6 and represent dissatisfied customers of the product sometimes actively recommending against using the product.

Wave Financial Inc. NPS by Gender

Female customers rated Wave Financial Inc.'s NPS 47 points higher than Male customers.

Male

-58

Wave Financial Inc.'s NPS was rated -58 by Male customers on Comparably.

17%
Promoters
8%
Passives
75%
Detractors

Female

-11

Wave Financial Inc.'s NPS was rated -11 by Female customers on Comparably.

33%
Promoters
23%
Passives
44%
Detractors

Wave Financial Inc. NPS by Ethnicity

Wave Financial Inc.'s NPS was rated the highest by Caucasian customers, and the lowest by Other customers.

-100
-50
0
50
100
Caucasian
17
Caucasian17
Other
-89
Other-89

Wave Financial Inc. NPS by Age

Wave Financial Inc.'s NPS was rated -51 points by customers ages 41-45 on Comparably.

0
20
40
60
80
100
Promoters
16%
Passives
17%
Detractors
67%
41-4516%17%67%

Wave Financial Inc. NPS by Usage

Wave Financial Inc.'s NPS was rated the highest by customers who have used Wave Financial Inc.'s products/services for 5 to 10 Years, and the lowest by customers with Less than 1 Year of usage.

-100
-50
0
50
100
Less than 1 Year
5
Less than 1 Year5
1 to 2 Years
12
1 to 2 Years12
2 to 5 Years
52
2 to 5 Years52
5 to 10 Years
53
5 to 10 Years53

Wave Financial Inc. NPS vs. Competitors

Compared to its competitors, Wave Financial Inc.'s NPS is rated right above Sage, and is preceded by FreshBooks.

Wave Financial Inc. Customer Reviews

Out of the 7 Wave Financial Inc. customer reviews 2 were positive and 5 were constructive. Wave Financial Inc. customer reviews reflect that more than half of the customers expect a better service or product from the company and believe there is room for improvement.

What can this brand most improve?
A chat bot is a sad excuse for customer service. They provide a "Free" service but they do make money. The times I have spoken to a person for customer service, only available on chat, they have helped me when they can. You get really sick of hearing we can't help with that though.
What do you value most about this brand?
Easy to use, intuitive software!
What can this brand most improve?
communication and sending funds out
What do you value most about this brand?
User friendly service that allows for customization
What can this brand most improve?
I would like to be able to receive wire transfers. But not instructions are easily found.

Wave Financial Inc. Customer Loyalty

82%

Customer Loyalty is a strong indicator of whether or not a customer will choose a brand repeatedly over a competitor that offers similar products/services.

82% of Wave Financial Inc. users/customers answered "Yes" when asked: "Would you consider yourself a loyal user/customer?"

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82
82%
18
18%
Wave Financial Inc. Customer Loyalty

Wave Financial Inc. Customer Loyalty Score by Gender

Female customers rated Wave Financial Inc.'s Customer Loyalty score 30% higher than Male customers.

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Male
70%
Yes
Female
100%
Yes

Wave Financial Inc. Customer Loyalty Score by Ethnicity

Wave Financial Inc.'s Customer Loyalty score was rated the highest by Caucasian customers, and the lowest by Other customers.

% who answered "Yes"

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100
out of 100
Caucasian
60
out of 100
Other

Wave Financial Inc. Customer Loyalty Score by Age

Wave Financial Inc.'s Customer Loyalty score was rated 85% by customers ages 41-45 on Comparably.

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0
20%
40%
60%
80%
100%
41-45
85%
41-4585%

Wave Financial Inc. Customer Loyalty Score by Usage

Wave Financial Inc.'s Customer Loyalty score was rated the highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and the lowest by customers with Less than 1 Year of usage.

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Less than 1 Year
61%
1 to 2 Years
70%
2 to 5 Years
100%

Wave Financial Inc. Customer Loyalty Score by Industry

Wave Financial Inc.'s Customer Loyalty score was rated 64% by Tech industry customers.

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Tech
64%

Wave Financial Inc. Customer Loyalty vs. Competitors

Compared to its competitors, Wave Financial Inc.'s Customer Loyalty score is rated right above Xero Inc.

COMPANYCustomer Loyalty Score
Wave Financial Inc.82%
Xero Inc80%
Gusto72%
Sage67%
FreshBooks63%
Zenefits56%
KashooN/A

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Wave Financial Inc. Product Quality

3.7/5

Wave Financial Inc. has an overall Product Quality score of 3.7 out of 5 stars rated by its users and customers.

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Wave Financial Inc. Product Information

Wave Financial Inc. serves markets in the United States, Asia, China, Europe, Japan, Middle-East and Africa, Australia, Canada, India, United Kingdom, Latin America, and Germany. Wave Financial Inc. supports iOS, Web, and Android devices and offers products for small sized businesses.

Wave Financial Inc.’s product quality score is a 3.7 out of 5 as rated by its users and customers. Reviewers from the Real Estate industry rated Wave Financial Inc.'s product the highest. Reviewers from the Tech industry rated Wave Financial Inc. the lowest at 3.3.

Website
http://www.waveapps.com
Company Size
51-200 Employees

Industry

Tech
FinTech
Mobile App
SaaS

Languages Supported

English

Product Type

Accounting Software
Bookkeeper Software

Quick Insights into Wave Financial Inc. Product Quality

Wave Financial Inc.'s Product Quality score was rated highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and rated lowest by Other customers.

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Ranked Wave Financial Inc. Product Quality the Highest

2 to 5 Years
4.1
Real Estate
4.1
Female
3.7

Ranked Wave Financial Inc. Product Quality the Lowest

Less than 1 Year
2.3
Male
1.8
Other
1.5

Wave Financial Inc. Product Quality Score by Gender

Female customers rated Wave Financial Inc.'s Product Quality score 1.9 stars higher than Male customers.

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Male

1.8/5

Female

3.7/5

Wave Financial Inc. Product Quality Score by Ethnicity

Wave Financial Inc.'s Product Quality score was rated the highest by Caucasian customers, and the lowest by Other customers.

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0
1
2
3
4
5
Caucasian
3.5
Caucasian3.5
Other
1.5
Other1.5

Wave Financial Inc. Product Quality Score by Age

Wave Financial Inc.'s Product Quality score was rated 2.8 stars by customers ages 41-45 on Comparably.

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0
1
2
3
4
5
41-45
2.8
41-452.8

Wave Financial Inc. Product Quality Score by Usage

Wave Financial Inc.'s Product Quality score was rated the highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and the lowest by customers with Less than 1 Year of usage.

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Less than 1 Year
2.3
1 to 2 Years
2.5
2 to 5 Years
4.1
5 to 10 Years
4.1

Wave Financial Inc. Product Quality Score by Industry

Wave Financial Inc.'s Product Quality score was rated the highest by Real Estate industry customers, and the lowest by Tech industry customers.

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Tech
3.3
Accounting
3.8
Arts and Entertainment
3.9
Real Estate
4.1

Wave Financial Inc. Product Quality vs. Competitors

Compared to its competitors, Wave Financial Inc.'s Product Quality score is rated right above Sage, and is preceded by FreshBooks.

COMPANYProduct Quality Score
Kashoo4.4/5
Xero Inc4.2/5
FreshBooks3.9/5
Wave Financial Inc.3.7/5
Sage3.6/5
Gusto3.3/5
Zenefits3/5

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Wave Financial Inc. Pricing

Wave Financial Inc. ROI & Value For Money

3.7/5

Wave Financial Inc. has a value for money and ROI score of 3.7 out of 5 stars rated by its users and customers.

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Wave Financial Inc. Pricing Plans

Wave Financial Inc. has a pricing structure that accommodates small businesses.

Not every product or service fits the needs of a certain user or industry. The users that rank the value for money and ROI highest are mainly from Real Estate industry. The users from the Tech industry think that they had the lowest ROI from Wave Financial Inc..

Who Uses Wave Financial Inc.?

Small Businesses

Quick Insights into Wave Financial Inc. ROI

Wave Financial Inc.'s ROI score was rated highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and rated lowest by customers who have used Wave Financial Inc.'s products/services for Less than 1 Year.

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Ranked Wave Financial Inc. ROI the Highest

2 to 5 Years
4.1
Real Estate
4
Caucasian
3.7

Ranked Wave Financial Inc. ROI the Lowest

Male
1.9
Other
1.7
Less than 1 Year
1.5

Wave Financial Inc. ROI Score by Gender

Female customers rated Wave Financial Inc.'s ROI score 1.4 stars higher than Male customers.

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Male

1.9/5

Female

3.3/5

Wave Financial Inc. ROI Score by Ethnicity

Wave Financial Inc.'s ROI score was rated the highest by Caucasian customers, and the lowest by Other customers.

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0
1
2
3
4
5
Caucasian
3.7
Caucasian3.7
Other
1.7
Other1.7

Wave Financial Inc. ROI Score by Age

Wave Financial Inc.'s ROI score was rated 3.1 stars by customers ages 41-45 on Comparably.

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0
1
2
3
4
5
41-45
3.1
41-453.1

Wave Financial Inc. ROI Score by Usage

Wave Financial Inc.'s ROI score was rated the highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and the lowest by customers with Less than 1 Year of usage.

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Less than 1 Year
1.5
1 to 2 Years
2
2 to 5 Years
4.1

Wave Financial Inc. ROI Score by Industry

Wave Financial Inc.'s ROI score was rated the highest by Real Estate industry customers, and the lowest by Tech industry customers.

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Tech
3.5
Accounting
3.9
Real Estate
4

Wave Financial Inc. Pricing vs. Competitors

Compared to its competitors, Wave Financial Inc.'s ROI score is rated right above Sage, and is preceded by FreshBooks.

COMPANYPricing Score
Kashoo4.5/5
Xero Inc4.2/5
FreshBooks3.8/5
Wave Financial Inc.3.7/5
Sage3.5/5
Zenefits3.2/5
Gusto3.2/5

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Wave Financial Inc. Customer Satisfaction (CSAT)

Wave Financial Inc. Customer Satisfaction (CSAT) Score

64 / 100

Wave Financial Inc. has an overall Customer Satisfaction score of 64 rated by its users and customers.

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Very Satisfied32%
Satisfied32%
Neither Satisfied nor Dissatisfied3%
Dissatisfied3%
Very Dissatisfied30%
Very Satisfied
32%
Satisfied
32%
Neither Satisfied nor Dissatisfied
3%
Dissatisfied
3%
Very Dissatisfied
30%

What is Customer Satisfaction (CSAT) Score

Customer Satisfaction Score (also known as CSAT), is a metric used to quantify how satisfied customers are with a company or brand’s products and services. The Customer Satisfaction Score is based on customers response to the question: “How would you rate your overall satisfaction with the service you received?” The score is calculated using the formula: (The total number answer of “Very Satisfied” and “Satisfied”) ÷ (The total response) x100, and it is generally displayed in percentages. Some of the main benefits of the CSAT for businesses are tracking retention, identifying happy customers and growing relationships, and gaining repeat business to build a sustainable brand.

Quick Insights into Wave Financial Inc. Customer Satisfaction

Wave Financial Inc.'s Customer Satisfaction score was rated highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and rated lowest by customers who have used Wave Financial Inc.'s products/services for Less than 1 Year.

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Ranked Wave Financial Inc. Customer Satisfaction the Highest

2 to 5 Years
83%
Caucasian
67%
Female
67%

Ranked Wave Financial Inc. Customer Satisfaction the Lowest

Male
33%
Other
33%
Less than 1 Year
29%

Wave Financial Inc. Customer Satisfaction Score by Gender

Female customers rated Wave Financial Inc.'s Customer Satisfaction score 34 points higher than Male customers.

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33 / 100
Male
Very Satisfied
25%
Satisfied
8%
Neither Satisfied nor Dissatisfied
0%
Dissatisfied
0%
Very Dissatisfied
67%
67 / 100
Female
Very Satisfied
34%
Satisfied
33%
Neither Satisfied nor Dissatisfied
0%
Dissatisfied
11%
Very Dissatisfied
22%

Wave Financial Inc. Customer Satisfaction Score by Ethnicity

CSAT according to Caucasian

Wave Financial Inc. Customer Satisfaction (CSAT) score was rated 67% according to Caucasian users and customers.

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67 / 100
Very Satisfied50%
Satisfied17%
Neither Satisfied nor Dissatisfied0%
Dissatisfied0%
Very Dissatisfied33%
Very Satisfied
50%
Satisfied
17%
Neither Satisfied nor Dissatisfied
0%
Dissatisfied
0%
Very Dissatisfied
33%

CSAT according to Other

Wave Financial Inc. Customer Satisfaction (CSAT) score was rated 33% according to Other users and customers.

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33 / 100
Very Satisfied11%
Satisfied22%
Neither Satisfied nor Dissatisfied0%
Dissatisfied11%
Very Dissatisfied56%
Very Satisfied
11%
Satisfied
22%
Neither Satisfied nor Dissatisfied
0%
Dissatisfied
11%
Very Dissatisfied
56%

Wave Financial Inc. Customer Satisfaction Score by Age

Wave Financial Inc.'s Customer Satisfaction score was rated 66 points by customers ages 41-45 on Comparably.

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0
20
40
60
80
100
41-45 CSAT Score
66%
Very Satisfied
33%
Satisfied
33%
Neither Satisfied nor Dissatisfied
0%
Dissatisfied
17%
Very Dissatisfied
17%
41-4566%

Wave Financial Inc. Customer Satisfaction Score by Usage

Wave Financial Inc.'s Customer Satisfaction score was rated the highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and the lowest by customers with Less than 1 Year of usage.

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Less than 1 Year
29
1 to 2 Years
40
2 to 5 Years
83

Wave Financial Inc. Customer Satisfaction vs. Competitors

Compared to its competitors, Wave Financial Inc.'s Customer Satisfaction score is rated right above FreshBooks, and is preceded by Xero Inc.

COMPANYCustomer Satisfaction (CSAT) Score
Xero Inc71%
Wave Financial Inc.64%
FreshBooks60%
Sage60%
Gusto44%
Zenefits18%
Kashoo0%

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Wave Financial Inc. Customer Service

2.6/5

Wave Financial Inc. has an overall Customer Service score of 2.6 out of 5 stars rated by its users and customers.

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About Wave Financial Inc.'s Customer Service

Address

235 Carlaw Avenue, Ontario, OH M4M 2S1 Canada


Website

http://www.waveapps.com


Phone Number

416-521-9141

Quick Insights into Wave Financial Inc. Customer Service

Wave Financial Inc.'s Customer Service score was rated highest by Caucasian customers, and rated lowest by Other customers.

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Ranked Wave Financial Inc. Customer Service the Highest

Caucasian
3.4
2 to 5 Years
3.1
Tech
2.8

Ranked Wave Financial Inc. Customer Service the Lowest

Male
1.6
Less than 1 Year
1.5
Other
1.5

Wave Financial Inc. Customer Service Score by Gender

Female customers rated Wave Financial Inc.'s Customer Service score 1 stars higher than Male customers.

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Male

1.6/5

Female

2.6/5

Wave Financial Inc. Customer Service Score by Ethnicity

Wave Financial Inc.'s Customer Service score was rated the highest by Caucasian customers, and the lowest by Other customers.

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0
20
40
60
80
100
Caucasian
3.4
Caucasian3.4
Other
1.5
Other1.5

Wave Financial Inc. Customer Service Score by Age

Wave Financial Inc.'s Customer Service score was rated 2.1 stars by customers ages 41-45 on Comparably.

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0
20
40
60
80
100
41-45
2.1
41-452.1

Wave Financial Inc. Customer Service Score by Usage

Wave Financial Inc.'s Customer Service score was rated the highest by customers who have used Wave Financial Inc.'s products/services for 2 to 5 Years, and the lowest by customers with Less than 1 Year of usage.

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Less than 1 Year
1.5
1 to 2 Years
1.6
2 to 5 Years
3.1

Wave Financial Inc. Customer Service Score by Industry

Wave Financial Inc.'s Customer Service score was rated 2.8 stars by Tech industry customers.

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Tech
2.8

Wave Financial Inc. Customer Service vs. Competitors

Compared to its competitors, Wave Financial Inc.'s Customer Service score is rated right above Gusto, and is preceded by Sage.

COMPANYCustomer Service Score
Kashoo5/5
Xero Inc4.2/5
FreshBooks3.7/5
Sage3.6/5
Wave Financial Inc.2.6/5
Gusto2.5/5
Zenefits2/5

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Wave Financial Inc. as an Employer

4.2/5

Wave Financial Inc. has a 4.2/5 stars for its overall company culture rated by their employees

  Wave Financial Inc. CEO
top
5%
CEO of Wave Financial Inc.

In the Top 5% of Similar Sized Companies on Comparably.

Consumer vs. Employees

Wave Financial Inc. scored a 25 for Net Promoter Score and a 67 for Employee Net Promoter Score. NPS gauges how likely a customer of Wave Financial Inc. would recommend the brand to a friend. ENPS measures how likely Wave Financial Inc. employees would recommend working at Wave Financial Inc. to a friend.

Net Promoter Score

25
NPS Score
55%Promoters
15%Passive
30%Detractors

Employee Net Promoter Score

67
eNPS Score
74%Promoters
19%Passive
7%Detractors

Global Ranking Snapshot

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6
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