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

Finance AI Recommendation Index, September 2026 Edition. 339 of the 432 answers in the 2 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)

- Oracle NetSuite: 29
- QuickBooks Online: 27
- Sage Intacct: 26
- Xero: 20
- QuickBooks: 17
- SAP S/4HANA: 13

## Accounting software

**Small business**: 52 of 72 answers did not name Wave (Wave is #3 of 6 at 18%).

- QuickBooks Online: first choice in 25 of those 52
- Xero: first choice in 14 of those 52
- FreshBooks: first choice in 1 of those 52
- QuickBooks: first choice in 1 of those 52
- Zoho Books: first choice in 1 of those 52

**Mid-market**: 50 of 72 answers did not name Wave (Wave is #2 of 10 at 21%).

- Sage Intacct: first choice in 19 of those 50
- Oracle NetSuite: first choice in 7 of those 50
- Microsoft Dynamics 365 Business Central: first choice in 4 of those 50
- Xero: first choice in 3 of those 50
- DualEntry: first choice in 2 of those 50
- QuickBooks Online: first choice in 2 of those 50
- FreshBooks: first choice in 1 of those 50
- Microsoft Dynamics 365: first choice in 1 of those 50

**Enterprise**: 72 of 72 answers did not name Wave.

- Oracle NetSuite: first choice in 22 of those 72
- Acumatica: first choice in 9 of those 72
- SAP S/4HANA: first choice in 9 of those 72
- SAP S/4HANA Finance: first choice in 9 of those 72
- Oracle Fusion Cloud ERP: first choice in 6 of those 72
- Sage Intacct: first choice in 5 of those 72
- Microsoft Dynamics 365 Finance: first choice in 2 of those 72
- Oracle Fusion Cloud Financials: first choice in 1 of those 72

## Invoicing software

**Small business**: 42 of 72 answers did not name Wave (Wave is #4 of 8 at 14%).

- QuickBooks: first choice in 10 of those 42
- FreshBooks: first choice in 6 of those 42
- Zoho Invoice: first choice in 5 of those 42
- Xero: first choice in 3 of those 42

**Mid-market**: 51 of 72 answers did not name Wave (Wave is #1 of 10 at 19%).

- BILL: first choice in 6 of those 51
- Invoiced: first choice in 6 of those 51
- QuickBooks: first choice in 6 of those 51
- Sage Intacct: first choice in 2 of those 51
- Billforward: first choice in 1 of those 51
- Billtrust: first choice in 1 of those 51
- Chaser: first choice in 1 of those 51
- HighRadius: first choice in 1 of those 51

**Enterprise**: 72 of 72 answers did not name Wave.

- NetSuite: first choice in 11 of those 72
- Tipalti: first choice in 7 of those 72
- HighRadius: first choice in 5 of those 72
- SAP S/4HANA: first choice in 4 of those 72
- Zuora: first choice in 4 of those 72
- Chargebee: first choice in 3 of those 72
- SAP Ariba: first choice in 3 of those 72
- BILL: first choice in 2 of those 72

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