Wave

Wave is a free accounting software tailored for small businesses, offering features like invoicing, expense tracking, and financial reporting to simplify financial management tasks.

How to reduce the cost of a Wave subscription

 i – Tricks are what we like to call direct ways to reduce your subscription costs.

• We haven’t found any current tricks to reduce your subscription  

Additional reduction ways to try to reduce subscription costs:

Optimize User Licenses 

Audit user licenses and remove inactive users. Consider permission sets to grant specific functionalities instead of assigning full licenses for basic needs.

Data Storage Management

Archive old data. Utilize data validation rules to prevent unnecessary data entry that consumes storage

Process Automation: Utilize workflow and approval processes to automate manual tasks, reducing the need for additional licenses.

How to implement a Workaround to reduce subscription for Wave

 i – A workaround is using another tool to reduce your subscription.

• We haven’t found any current workarounds to reduce your subscription  

Additional workarounds to try to reduce subscription costs:

Integrations with Free/Freemium Tools

Explore free or freemium tools like Zapier to automate tasks that might require additional licenses (e.g., basic data cleansing). Consider integrating with freemium tools like Slack for internal team usage

How to reduce Wave via bundling

 i – Use one tool to get a discount on another tool.

• We haven’t found any current bundles to reduce your subscription

Negotiate with Support. Customer support details of Wave

 i – Speak with the Wave support team and ask for a discount.

https://support.waveapps.com/hc/en-us/requests/new 

Discuss Usage Patterns: Contact support and discuss your current usage patterns. They might offer discounts based on your specific needs and historical data.

Negotiate Renewal Rates: Before your subscription renews, negotiate renewal rates with support. Loyalty and commitment to the platform can sometimes lead to better pricing.

Use this for help: Customer support list or google

How to switch to subscription type for Wave

 i – Switching to a longer-term contract or changing subscription type is a good way to save.

• We haven’t found any current subscription types to reduce your subscription

Annual Subscriptions

Switching to annual subscriptions often comes with a discount compared to monthly billing.

Reduce Inactive Users

Regularly review user activity and remove inactive user licenses to free up costs.

Switch to Alternative for Wave

 i – Here is a list of similar products that are similar you can switch to for savings.

• FreshBooks: FreshBooks is cloud accounting software designed for small businesses, offering invoicing, expense tracking, and time tracking functionalities. FreshBooks
• QuickBooks Online: QuickBooks Online is a comprehensive accounting software that helps small businesses manage invoices, track expenses, and generate financial reports. QuickBooks Online
• Xero: Xero is online accounting software that allows small businesses to manage invoicing, bank reconciliation, and payroll efficiently. Xero

Open-Source Solutions: Depending on your needs, explore open-source solutions that might offer similar functionalities at a lower cost. When searching try “Opensource for x” to find applicable tools.