Wave Accounting launches free service for small businesses

Posted by Techvibes NewsDesk

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Earlier this week Wave Accounting launched an online accounting application that is the first integrated online application to track users’ business and personal finances. 

And it’s free, unlike traditional accounting software.

Other free applications offer limited options.  Wave Accounting is the only full-featured online accounting program that is 100 percent free for small businesses. Many small business owners do not possess a clear picture of what’s happening with their money. Or they spend hours logging payments into spreadsheets and hand-writing invoices. 

Wave Accounting connects with users’ banking and credit card institutions, automatically importing and categorizing transactions to provide a real-time view of the business’ financial health.

Kirk Simpson is the CEO of Wave Acounting:

The reality is that two-thirds of small business owners still stuff their receipts in shoeboxes, log expenses in spreadsheets and hand-write invoices.  It’s hard to find a market as large as this – and growing with the recession - with a pain point that still needs to be addressed. We took stock of the process that any small business owner goes through to stay on top of finances. Anywhere we could cut time, we did.

With Wave Accounting, even the application’s language is simplified.  Instead of “debits and credits,” users see “money owed to me and money I owe.”

     

 

Company:
Wave
Website:
http://www.waveapps.com
Location:
Toronto, Ontario, Canada

Wave makes it easy to be your own boss. Just do what you're good at, and lean on Wave's smart online software for help with invoicing, accounting and payroll. Wave makes your money-related task easy with: • unlimited invoicing, absolutely free! • accept credit cards on your invoices with our "pay now" feature with a super-low, easy-to-understand flat fee • expense tracking with no more manual entry! Connect with... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property. Originally founded in 2002, Techvibes is dedicated to covering social, mobile, and startup news that impacts Canadians. Our editors and nationwide network of reporters combine breaking hyperlocal news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and... more



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