# Wave alternatives: what AI models name instead, November 2026

Gane Index, November 2026 Edition. 840 of the 1,008 answers in the 4 categories where Wave holds a standing named it neither first nor as an alternative; these are the first choices those answers made. Page: https://www.gane.ai/index/finance/vendors/wave/alternatives

## Named instead, most often (every category and segment added)

- QuickBooks Online: 48
- Sage Intacct: 43
- Oracle NetSuite: 42
- Microsoft Power BI: 39
- Avalara E-Invoicing: 31
- Xero: 29

## Accounting software

**Small business**: 48 of 84 answers did not name Wave (Wave is #2 of 7 at 15%).

- QuickBooks Online: first choice in 27 of those 48
- Xero: first choice in 6 of those 48
- FreshBooks: first choice in 1 of those 48
- QuickBooks: first choice in 1 of those 48
- Sage Intacct: first choice in 1 of those 48
- Zoho Books: first choice in 1 of those 48

**Mid-market**: 55 of 84 answers did not name Wave (Wave is #2 of 11 at 23%).

- Sage Intacct: first choice in 25 of those 55
- Oracle NetSuite: first choice in 7 of those 55
- QuickBooks Online: first choice in 2 of those 55
- FreshBooks: first choice in 1 of those 55
- Xero: first choice in 1 of those 55

**Enterprise**: 84 of 84 answers did not name Wave.

- Oracle NetSuite: first choice in 23 of those 84
- SAP S/4HANA Finance: first choice in 14 of those 84
- Oracle Fusion Cloud ERP: first choice in 8 of those 84
- Acumatica: first choice in 7 of those 84
- Microsoft Dynamics 365 Finance: first choice in 5 of those 84
- Oracle Fusion Cloud Financials: first choice in 5 of those 84
- SAP Cloud ERP: first choice in 3 of those 84
- Sage Intacct: first choice in 3 of those 84

## Invoicing software

**Small business**: 51 of 84 answers did not name Wave (Wave is #3 of 10 at 12%).

- QuickBooks: first choice in 13 of those 51
- FreshBooks: first choice in 6 of those 51
- Zoho Invoice: first choice in 6 of those 51
- Rho Invoicing: first choice in 3 of those 51
- Zoho Books: first choice in 3 of those 51
- Xero: first choice in 2 of those 51
- PayPal Invoicing: first choice in 1 of those 51
- Stripe Invoicing: first choice in 1 of those 51

**Mid-market**: 57 of 84 answers did not name Wave (Wave is #3 of 15 at 13%).

- QuickBooks: first choice in 10 of those 57
- Sage Intacct: first choice in 4 of those 57
- Versapay: first choice in 4 of those 57
- Xero: first choice in 4 of those 57
- Invoiced: first choice in 3 of those 57
- Zoho Invoice: first choice in 3 of those 57
- BILL: first choice in 2 of those 57
- NetSuite SuiteBilling: first choice in 2 of those 57

**Enterprise**: 84 of 84 answers did not name Wave (Wave is #19 of 20 at 0%).

- NetSuite SuiteBilling: first choice in 19 of those 84
- Coupa: first choice in 8 of those 84
- HighRadius: first choice in 7 of those 84
- Basware: first choice in 4 of those 84
- Tipalti: first choice in 4 of those 84
- Billtrust: first choice in 3 of those 84
- SAP Ariba: first choice in 3 of those 84
- BillingPlatform: first choice in 2 of those 84

## Financial reporting and dashboards

**Small business**: 71 of 84 answers did not name Wave (Wave is #2 of 11 at 15%).

- QuickBooks Online: first choice in 15 of those 71
- Zoho Analytics: first choice in 10 of those 71
- Looker Studio: first choice in 9 of those 71
- Xero Analytics: first choice in 7 of those 71
- Fathom: first choice in 5 of those 71
- Microsoft Power BI: first choice in 3 of those 71
- FreshBooks: first choice in 2 of those 71
- QuickBooks Dashboard: first choice in 2 of those 71

**Mid-market**: 73 of 84 answers did not name Wave (Wave is #2 of 18 at 13%).

- Microsoft Power BI: first choice in 11 of those 73
- Sage Intacct: first choice in 8 of those 73
- Datarails: first choice in 5 of those 73
- Prophix: first choice in 4 of those 73
- Databox: first choice in 3 of those 73
- Cube: first choice in 2 of those 73
- Mosaic: first choice in 2 of those 73
- Oracle NetSuite: first choice in 2 of those 73

**Enterprise**: 84 of 84 answers did not name Wave.

- Microsoft Power BI: first choice in 25 of those 84
- Oracle NetSuite: first choice in 10 of those 84
- OneStream: first choice in 6 of those 84
- Workiva: first choice in 5 of those 84
- Tableau: first choice in 3 of those 84
- Acumatica Cloud ERP: first choice in 2 of those 84
- Microsoft Fabric: first choice in 2 of those 84
- Sage Intacct: first choice in 2 of those 84

## Global e-invoicing compliance

**Small business**: 69 of 84 answers did not name Wave (Wave is #6 of 10 at 2%).

- Xero: first choice in 16 of those 69
- Zoho Invoice: first choice in 8 of those 69
- QuickBooks Online: first choice in 4 of those 69
- GoodVat: first choice in 3 of those 69
- Invoice Ninja: first choice in 3 of those 69
- Avalara E-Invoicing: first choice in 2 of those 69
- Quaderno: first choice in 2 of those 69
- Qvalia Connect Small: first choice in 2 of those 69

**Mid-market**: 80 of 84 answers did not name Wave (Wave is #8 of 16 at 2%).

- Avalara E-Invoicing: first choice in 14 of those 80
- Sovos Compliance Network: first choice in 7 of those 80
- Commenda: first choice in 5 of those 80
- Pagero: first choice in 3 of those 80
- Sphere: first choice in 3 of those 80
- Zoho Books: first choice in 3 of those 80
- B2Brouter: first choice in 2 of those 80
- Fonoa: first choice in 2 of those 80

**Enterprise**: 84 of 84 answers did not name Wave.

- Avalara E-Invoicing: first choice in 15 of those 84
- Sovos Compliance Network: first choice in 14 of those 84
- Pagero: first choice in 9 of those 84
- Basware: first choice in 8 of those 84
- Vertex: first choice in 7 of those 84
- Vertex VAT Compliance: first choice in 3 of those 84
- VAT IT eezi: first choice in 2 of those 84
- Avalara VAT Returns and Reporting: first choice in 1 of those 84

Published under CC BY 4.0. The output is the models' output; nothing here is a recommendation by the index.
