RIB BuildSmart vs. Wave Accounting Comparison


RIB BuildSmart RIB Software	Wave Accounting Wave Financial	+	+
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Built on a modern cloud architecture, the platform combines core accounting, financial reporting, planning, analytics, governance, and AI capabilities within a unified ecosystem. Organizations can extend the core accounting solution through Epicor's broad ecosystem of business applications and ISV solutions. Designed exclusively for the cloud, Epicor Financials benefits from continuous innovation through regular upgrades and a modern CI/CD deployment approach, helping customers stay current without disruptive upgrades. The solution scales globally with support for multiple books, companies, sites, currencies, languages, and legal entities while maintaining centralized financial control. Visit Website Odoo Odoo is a fully integrated, customizable, open-source software packed with hundreds of expertly designed business applications. 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To get started, try all of Melio's features free for 30 days! Pay vendors online through bank transfers or credit/debit cards, even if they typically accept checks—Melio manages the manual work for you. Effortlessly integrate with QuickBooks and Xero to ensure your financial records stay current. With Melio, pay by bank transfer or card to extend cash flow and earn rewards. Adding vendor or bill details is a breeze—input them manually, upload files, or take a photo of invoices. Schedule payments to align with your cash flow, and let Melio handle the rest. International vendor payments are made easy by paying in their local currency for products and services your business needs. The Melio mobile app, available for iOS and Android, lets you monitor and manage payments anytime, giving you full control over your finances on the go. 2,212 Ratings Visit Website KonstructIQ KonstructIQ is an AI-powered construction and financial platform designed for residential general contractors, remodeling firms, and home builders. It consolidates the full project lifecycle, from fast, professional estimates to budgeting, invoicing, payments, change-order management, cost tracking, subcontractor coordination, and real-time reporting, into a single interface. Its estimating module enables contractors to build detailed bids quickly, using customizable cost codes, markup or margin calculations, and either cost-plus or fixed-price models. Once an estimate is approved, it becomes the project budget; every subsequent bill, invoice, or change order automatically updates the budget so contractors maintain accurate job costing and profitability oversight. Payments to subcontractors or suppliers are built in, and support methods like ACH, checks, debit/credit cards, virtual cards, or Zelle, and invoices can be paid directly by clients through a portal to speed up cash flow. 7 Ratings Visit Website Bidtracer Bidtracer has been built specifically for the MEP/BAC industry for both construction and service side including but not limited to CRM, Bid Management, Invitation to Bid, BAC Estimating, BAC Engineering, Project Management, Service Agreement, Service Work Orders, Service Repair, Service Projects all built natively in the cloud. Estimating/engineering established live pricing with numerous manufacturers such as JCI, Distech Controls, ABB, Carrier, ALC and many peripheral distributors such as Kele, Alps, Belimo, Siral, Bray. If you haven’t imported it yet, we can import it multiple times throughout the year. Our system caters to businesses of all sizes and accommodates users from various roles such as: estimators, engineers, PMs, sales, executive, and field workers. It includes rich reporting features with customizable reports, charts, and graphs to enable companies to analyze their data in real-time. 39 Ratings Visit Website WERX 30 DAY FREE TRIAL! No credit card required. Plans as low as $49/m. Professional construction management software designed for all size contractors, Werx streamlines your business with flexible estimates, AIA-Style billing, QuickBooks integration, and real-time labor tracking. Get paid faster with online payments via Stripe. Werx empowers contractors to save time, stay organized, and boost profitability. Manage projects, track time in the field, and send professional invoices all in one platform. Perfect for general contractors, electricians, plumbers, and more. Simplify your operations with the software that works as hard as you do—without breaking the bank. It just WERX! 35 Ratings Visit Website Gravity Software Multi-Entity Cloud Accounting Software for Growing Businesses Gravity Software is a cloud-based accounting solution designed for companies that have outgrown QuickBooks but don’t need the cost or complexity of Sage Intacct or larger ERP systems. 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About RIB BuildSmart is a fully integrated, web-based, enterprise management system providing industry aligned information to construction companies. It integrates Costing, Project and Enterprise accounting for real-time analysis and effective project management. RIB BuildSmart includes various modules comprising of Procurement, Accounting, Payroll, Plant, Yard & Store Management, Subcontract Management, Business Intelligence, HR and Time & Attendance.	About Powerful, free accounting software. Wave’s easy-to-use accounting software can connect your bank accounts, sync your expenses, balance your books, and get you ready for tax time. Start taking control of your finances today. We designed Wave for small business owners. No jargon, just easy software that makes sense. After creating your account, everything's set up so you can get started right away. Access it anywhere, any time. Your data is always available, and it’s backed up for extra peace of mind. Connect your bank accounts in seconds. The transactions will appear in your bookkeeping automatically, and you can say goodbye to manual receipt entry. Have an eye on the big picture so you can make better business decisions. Our robust reports are easy to use and show month-to-month or year-to-year comparisons so you can easily identify cash flow trends. When everything is neatly where it belongs, tax time is simple.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Engineering & Construction Industry	Audience Small business owners, entrepreneurs, and freelancers that need a powerful but free or low-cost accounting system
Support Phone Support Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing Please contact your local reseller for pricing. Free Version Not Supported Free Trial Not Supported	Pricing $35 per month Free Plan, Pay-per-use Plan, and Monthly plan all offered. Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 4.0 / 5 ease 4.3 / 5 features 4.3 / 5 design 3.7 / 5 support 5.0 / 5 Read all reviews	Reviews/Ratings Overall 3.3 / 5 ease 3.7 / 5 features 3.7 / 5 design 4.1 / 5 support 3.1 / 5 Read all reviews
Pros & Cons from Real Users Pros 1. Everything related to construction is available on one platform. Hence information is handy. 2. Can give access as per the roles. 3. Accessibility made easy. 4. Quite easy to use. Tracking seems to be very user friendly. Most of the difficulties of a QS has been well taken care by this software apart from below (CONS). A software created by the people who know the industry. Most of the construction industries problem are addressed. Affordable to midsize firms. very good service support. Cons 1. Major reports like Purchase Register is not available where we can see each and every details of transactions. 2. Internet explorer and its settings are mandatory. Should be available for direct use on browser like google chrome, Mozilla etc. 3. Often unable to print or view report instead of correct settings. 4. Subcontractor invoice format is complicated to understand. 5. Interface could be more user friendly. 6. "Screen zoom level" error pops up every time after login. 7. IOS compatibility is the major issue. 8. Sometimes difficulty in downloading reports. 9. Exporting reports to excel is also a problem. 1) Noticed precision errors.For eg: At times when qtys are with recurring decimals work done amounts differs the work done amount carried from candy. 2) Exceeded qtys are not entertained.Practically variations cant be floated for any slight increase in qtys as against booked in the contract. The workspace is more text driven than graphic. Reports are not yet visual data and complicated for further processing. still not chrome compatible and mobile access also not well setup. Lack of a well developed mobile application.	Pros & Cons from Real Users Pros Ease, look, my older business accounts are still free, even though my newest one I have to pay for, imports from bank back to 365 days! I honestly can't say anything else good about Wave. It is free easy to use. It takes a lot to set it up but the invoicing and ease of payment for clients is great. This is probably the best self-employed, low budget accounting solution available on the market because you can't beat the price (FREE). We could manage the accounting for our small business until we couldn't. The software worked until it didn't. What I love about Wave is that the accounting and reports, sending invoices, receipt scanning and email support all included for FREE. You cant beat that! Cons Disconnects from bank too often, updates crash account, and recently last update messed up all my accounts so badly that I am now forced to look for a different company bcuz Wave blames it on my bank and won't assist me. Customer Service is horrible and all of it is online, chat which makes it virtually impossible to get anything done - why can't a company get access to my computer to assist, or just have free phone technical support? With this last update, they added Tags and Perks. All my bank accounts disconnected in all three of my business accounts (not my credit card accounts thought). When I reconnected, one: none of my bank accounts are showing the last 3-4 digits so I have no idea which ones to connect now to which business w/out much, much effort, two: when I did import the bank accounts Wave is now combining all transactions between both bank accounts and not in the correct one, and not showing the correct balance in all of them, three: I deleted the bank accounts and reconnected over and over and over and over again, different ways without success to the point I decided to delete the incorrect transactions in the different accounts, only now, when I deleted those transactions, then deleted the bank account to reconnect in hopes with would work, now ALL these deleted transactions won't even transport now - EVEN THOUGH Wave is still showing the correct balances! Fourth: Now with a company bank connection, Wave is asking for a Company ID number - what the heck is this, where can I find it, and if you don't have a Company ID number Wave does not allow the connection! This year this software has disappointed me it has lost bank connections and then tripled the transactions I am not happy and am looking for something that works better. The financial statements are not very professional looking. It does not always remember the proper place to put things and so you really have to be careful reviewing process has to be intense. I am not sure that I will continue to use it after the mess this year still working on fixing the messes. If you have more than one person as admin it screws it up so bad. The reports are not nuanced. You won't get a P&L detail or a P&L by month across multiple months...the rules are not very dynamic. Zero respect for the criticality of a businesses accounting systems and data Well if you have to pick something to dislike about a FREE software I guess I'd have to say I dislike that Wave seemed so new and they are constantly updating and I'm always losing where things are kept. I have a terrible memory!
Training Documentation Supported Webinars Supported Live Online Supported In Person Supported	Training Documentation Supported Webinars Supported Live Online Supported In Person Supported
Company Information RIB Software Founded: 1961 Germany ribccs.com	Company Information Wave Financial Founded: 2009 Canada www.waveapps.com/accounting
Alternatives ProjectVIEW ERP DANAOS Projects Software Solutions	Alternatives Xero
Sage Intacct	FreshBooks
Xero	QuickBooks Online Intuit
QuickBooks Online Intuit	Sage Intacct
AccountEdge Priority Software US View All	AccountEdge Priority Software US View All
Categories Accounting Supported Accounts Payable Supported Accounts Receivable Supported Bookkeeping Supported Construction Accounting Supported Construction Management Supported ERP Supported Finance Supported General Ledger Supported Operations Management Supported Subcontractor Supported	Categories Accounting Supported Accounts Receivable Supported Billing and Invoicing Supported Bookkeeping Supported Expense Report Supported General Ledger Supported Law Firm Accounting Supported Medical Accounting Supported Real Estate Accounting Supported Receipt Scanner Supported Recurring Billing Supported Restaurant Accounting Supported
Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Supported Fund Accounting Not Supported General Ledger Supported Government Not Supported Multi-Currency Supported Nonprofits Not Supported Payroll Management Supported Project Accounting Supported Purchase Orders Supported Tax Management Supported Accounts Receivable Features ACH Payment Processing Not Supported Billing & Invoicing Supported Check Processing Supported Collections Management Supported Online Payment Processing Supported Overpayment Processing Supported Partial Payments Supported Receivables Ledger Supported Recurring Billing Supported Bookkeeping Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Supported Collections Supported Expense Tracking Supported Fixed Asset Management Supported General Ledger Supported Payroll Supported Revenue Recognition Supported Spend Management Supported Tax Management Supported Show More Features Accounts Payable Features Approval Process Control Supported Bank Reconciliation Supported Cash Management Supported Check Writing Supported Duplicate Payment Alert Supported Fraud Detection Not Supported General Ledger Entry Supported Vendor Management Supported Construction Accounting Features Accounts Payable Supported Accounts Receivable Supported Billing & Invoicing Supported Budgeting & Forecasting Supported Cash Management Supported Construction Breakdowns Not Supported General Ledger Supported Job Costing Supported Overrun Projections Not Supported Payroll Management Supported Purchase Order Management Supported Quotes / Estimates Not Supported Construction Management Features Accounting Integration Supported Budget Tracking/Job Costing Supported Change Orders Supported Commercial Supported Contract Management Supported Contractors Supported CRM Not Supported Equipment Tracking Supported Estimating Not Supported Incident Reporting Not Supported Mobile Access Supported Offline Access Not Supported Residential Supported RFI & Submittals Not Supported Subcontractor Management Supported Timesheets Supported ERP Features Accounting Integration Supported Accounting Management Supported CRM Not Supported Dashboard Supported Distribution Management Not Supported Enterprise Asset Management Supported Financial Management Supported HR Management Not Supported Inventory Management Supported Order Management Supported Project Management Not Supported Purchase Order Management Supported Purchasing Supported Reporting/Analytics Supported Sales Management Not Supported Supply Chain Management Supported Warehouse Management Supported	Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Supported CPA Firms Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Supported Fund Accounting Supported General Ledger Supported Government Supported Multi-Currency Supported Nonprofits Supported Payroll Management Supported Project Accounting Supported Purchase Orders Supported Tax Management Supported Accounts Receivable Features ACH Payment Processing Not Supported Billing & Invoicing Supported Check Processing Not Supported Collections Management Not Supported Online Payment Processing Not Supported Overpayment Processing Not Supported Partial Payments Not Supported Receivables Ledger Not Supported Recurring Billing Not Supported Bookkeeping Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Not Supported Collections Not Supported Expense Tracking Supported Fixed Asset Management Not Supported General Ledger Supported Payroll Supported Revenue Recognition Not Supported Spend Management Not Supported Tax Management Not Supported Show More Features Billing and Invoicing Features Billing Portal Supported Contact Database Supported Contingency Billing Not Supported Customer Portal Not Supported Customizable Invoices Supported Dunning Management Not Supported Hourly Billing Not Supported Invoice History Supported Mobile Payments Not Supported Multi-Currency Supported Online Invoicing Supported Online Payments Supported Payment Processing Not Supported Project Billing Supported Recurring/Subscription Billing Not Supported Service Ticket Billing Not Supported Tax Calculator Not Supported Real Estate Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Commission Management Not Supported Contract Management Not Supported General Ledger Supported Mobile Access Supported Payroll Supported Property Development Management Not Supported Reporting / Analytics Supported Work Order Management Not Supported
Integrations Avaza Not Supported CartonCloud Not Supported Compliancely Not Supported Contractbook Not Supported Datameer Not Supported ForwardAI Not Supported Freedcamp Not Supported HoneyBook Not Supported HubSpot Customer Platform Not Supported Kizen Not Supported Maintenance Care Not Supported Nango Not Supported North One Not Supported Oliver POS Not Supported Peaka Not Supported Shoeboxed Not Supported Stripe Not Supported Tasskel Not Supported Unified.to Not Supported Zapier Not Supported Show More Integrations View All 2 Integrations	Integrations Avaza Supported CartonCloud Supported Compliancely Supported Contractbook Supported Datameer Supported ForwardAI Supported Freedcamp Supported HoneyBook Supported HubSpot Customer Platform Supported Kizen Supported Maintenance Care Supported Nango Supported North One Supported Oliver POS Supported Peaka Supported Shoeboxed Supported Stripe Supported Tasskel Supported Unified.to Supported Zapier Supported Show More Integrations View All 68 Integrations
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