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

Finance AI Recommendation Index, October 2026 Edition. 866 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://finance-ai-index.com/vendors/wave/alternatives/

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

- QuickBooks Online: 90
- Sage Intacct: 69
- Xero: 57
- Oracle NetSuite: 48
- Microsoft Power BI: 36
- QuickBooks: 23

## Accounting software

**Small business**: 63 of 84 answers did not name Wave (Wave is #2 of 8 at 20%).

- QuickBooks Online: first choice in 32 of those 63
- Xero: first choice in 12 of those 63
- Zoho Books: first choice in 2 of those 63
- KashFlow: first choice in 1 of those 63
- QuickBooks: first choice in 1 of those 63

**Mid-market**: 61 of 84 answers did not name Wave (Wave is #3 of 10 at 19%).

- Sage Intacct: first choice in 25 of those 61
- Oracle NetSuite: first choice in 12 of those 61
- QuickBooks Online: first choice in 5 of those 61
- Xero: first choice in 2 of those 61
- Microsoft Dynamics 365: first choice in 1 of those 61
- QuickBooks *Desktop*: first choice in 1 of those 61
- Zoho Books: first choice in 1 of those 61

**Enterprise**: 83 of 84 answers did not name Wave.

- Oracle NetSuite: first choice in 23 of those 83
- SAP S/4HANA Finance: first choice in 16 of those 83
- Oracle Fusion Cloud ERP: first choice in 7 of those 83
- Acumatica: first choice in 5 of those 83
- NetSuite ERP: first choice in 2 of those 83
- Sage Intacct: first choice in 2 of those 83
- Microsoft Dynamics 365: first choice in 1 of those 83
- Microsoft Dynamics 365 Finance: first choice in 1 of those 83

## Financial reporting and dashboards

**Small business**: 70 of 84 answers did not name Wave (Wave is #3 of 12 at 17%).

- QuickBooks Online: first choice in 13 of those 70
- Looker Studio: first choice in 10 of those 70
- Fathom: first choice in 9 of those 70
- Xero: first choice in 9 of those 70
- Zoho Analytics: first choice in 6 of those 70
- Microsoft Power BI: first choice in 3 of those 70
- Syft Analytics: first choice in 3 of those 70
- Zoho Books: first choice in 3 of those 70

**Mid-market**: 72 of 84 answers did not name Wave (Wave is #2 of 18 at 17%).

- Sage Intacct: first choice in 18 of those 72
- Microsoft Power BI: first choice in 11 of those 72
- Tableau: first choice in 4 of those 72
- Abacum: first choice in 2 of those 72
- Datarails: first choice in 2 of those 72
- Zoho Analytics: first choice in 2 of those 72
- Drivetrain: first choice in 1 of those 72
- Fathom: first choice in 1 of those 72

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

- Microsoft Power BI: first choice in 22 of those 84
- OneStream: first choice in 5 of those 84
- Oracle NetSuite: first choice in 4 of those 84
- Workday Adaptive Planning: first choice in 4 of those 84
- Workiva: first choice in 4 of those 84
- Acumatica: first choice in 3 of those 84
- SAP Analytics Cloud: first choice in 3 of those 84
- Acumatica Cloud ERP: first choice in 2 of those 84

## Invoicing software

**Small business**: 54 of 84 answers did not name Wave (Wave is #4 of 8 at 16%).

- QuickBooks: first choice in 14 of those 54
- Xero: first choice in 12 of those 54
- Zoho Invoice: first choice in 7 of those 54
- FreshBooks: first choice in 3 of those 54
- Square Invoices: first choice in 1 of those 54
- Stripe Invoicing: first choice in 1 of those 54
- Xero Growing: first choice in 1 of those 54

**Mid-market**: 62 of 84 answers did not name Wave (Wave is #4 of 12 at 14%).

- BILL: first choice in 8 of those 62
- QuickBooks: first choice in 8 of those 62
- Invoiced: first choice in 5 of those 62
- NetSuite SuiteBilling: first choice in 4 of those 62
- Zoho Invoice: first choice in 3 of those 62
- Billtrust: first choice in 2 of those 62
- Xero: first choice in 2 of those 62
- BILL Accounts Receivable: first choice in 1 of those 62

**Enterprise**: 84 of 84 answers did not name Wave (Wave is #13 of 16 at 0%).

- NetSuite SuiteBilling: first choice in 13 of those 84
- HighRadius: first choice in 9 of those 84
- Zuora: first choice in 5 of those 84
- SAP Ariba: first choice in 4 of those 84
- SAP Concur: first choice in 4 of those 84
- Coupa: first choice in 2 of those 84
- Flexprice: first choice in 2 of those 84
- Medius: first choice in 2 of those 84

## AI accounting assistants

**Small business**: 75 of 84 answers did not name Wave (Wave is #3 of 14 at 8%).

- QuickBooks Online: first choice in 31 of those 75
- Xero: first choice in 12 of those 75
- Puzzle: first choice in 3 of those 75
- Digits: first choice in 2 of those 75
- Pilot: first choice in 2 of those 75
- BILL: first choice in 1 of those 75
- Bookeeping.ai: first choice in 1 of those 75
- Dext: first choice in 1 of those 75

**Mid-market**: 74 of 84 answers did not name Wave (Wave is #5 of 17 at 9%).

- Sage Intacct: first choice in 11 of those 74
- QuickBooks Online: first choice in 9 of those 74
- Xero: first choice in 8 of those 74
- Rillet: first choice in 6 of those 74
- Numeric: first choice in 4 of those 74
- Vic.ai: first choice in 4 of those 74
- Digits: first choice in 3 of those 74
- FloQast: first choice in 2 of those 74

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

- Sage Intacct: first choice in 13 of those 84
- Vic.ai: first choice in 12 of those 84
- BlackLine: first choice in 10 of those 84
- Oracle NetSuite: first choice in 9 of those 84
- Numeric: first choice in 5 of those 84
- FloQast: first choice in 4 of those 84
- Rillet: first choice in 4 of those 84
- Docyt: first choice in 2 of those 84

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