Soluno

Soluno

Devlos Software
Wave Accounting

Wave Accounting

Wave Financial
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About

Soluno is a cloud-based accounting and billing software designed to accelerate law firms. With a full, easy-to-use suite of time/expense entry, billing, accounting, trust, and reporting features, law firms get everything they need to master their business. Work more efficiently and maximize productivity with Soluno's best-in-class trust accounting, billing, usability, value, and 5-star customer support. Soluno offers 100% free data conversions from 14 of the industry's most common solutions.

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
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

1-100+ : supports law firms of all sizes

Audience

Small business owners, entrepreneurs, and freelancers that need a powerful but free or low-cost accounting system

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$49 per month per user
Cost per user decreases as number of licenses goes up. Part-time users share licenses.
Free Version
Free Trial

Pricing

$35 per month
Free Plan, Pay-per-use Plan, and Monthly plan all offered.
Free Version
Free Trial

Reviews/Ratings

Overall 4.6 / 5
ease 4.8 / 5
features 4.4 / 5
design 4.8 / 5
support 5.0 / 5

Reviews/Ratings

Overall 3.3 / 5
ease 3.7 / 5
features 3.7 / 5
design 4.1 / 5
support 3.1 / 5

Pros & Cons from Real Users

Pros

  • The interface is a big improvement over our previous software. Timekeepers are very happy with the ease of posting dockets and particularly enjoy the heat map to review time targets and daily entries. We have enjoyed increased billing efficiency for clients with multiple invoices in a billing period. Support is very responsive, friendly and effective. We were able to integrate the software with our DMS.
  • This program is so user friendly and easy to use, it makes the accounting side of running a firm fun! Customer service is nothing short of wonderful. Support team is very responsive and give a clear impression that they want to help - no question is too silly.
  • Easy to use. Quick response from customer service. Problems are resolved. quickly. The trust accounting is accurate and has appropriate reports. Interface is clean and easy to navigate. Soluno integrates well with credit card processing system.
  • I really like the data input section. Most daily functions are conveniently found on one page.
  • Easy to use, any time we've had any problem we have been able to immediately reach someone via the chat feature and have it remedied. It's made our lives a lot easier. The training was very informative and we feel like we were able to get the hang of the new system fairly quick. Good value for the money.

Cons

  • As newer software, there are some features, adjustments and reports that are not yet available. Soluno has added features and continues to update the software (even in the short time we have been with them), so I expect my rating will be 5 stars by the end of this year.
  • We are new to the program, so still ironing out some kinks, but just a couple of things we have noticed. It is not yet possible to delete or close files, but I understand they are working on that and there was a hack we were taught to organize all files we need to delete together, so they are easily identifiable. At this stage, we have not yet been able to figure out how to allocate write downs to a specific fee earner on bills, for accurate recording of a fee earner's billed amount for bonus purposes.
  • Soluno does not currently have any budgeting capabilities.
  • Fee adjustment at time of billing needs improvement.
  • A couple things we've looked for haven't been there or were hard to find, but the few things that were missing that we needed were remedied by the team within a week.

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Devlos Software
Founded: 2014
Canada
www.soluno.legal

Company Information

Wave Financial
Founded: 2009
Canada
www.waveapps.com/accounting

Alternatives

Alternatives

PCLaw

PCLaw

LexisNexis
CosmoLex

CosmoLex

ProfitSolv
Clio

Clio

Themis Solutions
AbacusLaw

AbacusLaw

Abacus Data Systems
AccountEdge

AccountEdge

Priority Software US

Categories

Categories

Law Practice Management Features

Billing & Invoicing
Calendar Management
Client Portal
Conflict Management
Contract Management
CRM
Document Management
Email Management
Legal Case Management
Task Management
Time Tracking
Trust Accounting

Legal Billing Features

Accounting Management
Automatic Billing
Calendar Management
Case Management
Client Portal
Document Management
Expense Tracking
Time Tracking

Legal Calendar Features

Case Defined Timekeepers
Completion Tracking
Conflict Management
Multi-Office
Reminders
Rules-Based Scheduling
Staff Calendar
Status Tracking
Task Management

Legal Case Management Features

Billing Management
Calendar Management
Case Notes
Client Management
Communication Tracking
Conflict Management
Corporations
Court Management
Discovery Management
Docket Management
Document Management
Expense Tracking
Government
Law Firms
Records Management
Task Management
Time Tracking
Trust Accounting

Legal Document Management Features

Access Controls
Archiving & Retention
Collaboration
Contract Management
Document Assembly
Document Indexing
Document Tagging
Full Text Search
Version Control

Trust Accounting Features

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Accounting Features

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
CPA Firms
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Receivable Features

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Billing and Invoicing Features

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Bookkeeping Features

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

Real Estate Accounting Features

Accounts Payable
Accounts Receivable
Bank Reconciliation
Commission Management
Contract Management
General Ledger
Mobile Access
Payroll
Property Development Management
Reporting / Analytics
Work Order Management

Integrations

Microsoft Outlook
APIANT
Avaza
Datameer
Everlance
Field Service Cloud
ForwardAI
Freedcamp
HubSpot Customer Platform
Local Line
Make
MinuteDock
Oliver POS
Revamp CRM
Shoeboxed
Stax
Unified.to
Vessel
noCRM.io
taxomate

Integrations

Microsoft Outlook
APIANT
Avaza
Datameer
Everlance
Field Service Cloud
ForwardAI
Freedcamp
HubSpot Customer Platform
Local Line
Make
MinuteDock
Oliver POS
Revamp CRM
Shoeboxed
Stax
Unified.to
Vessel
noCRM.io
taxomate
Claim Soluno and update features and information
Claim Soluno and update features and information
Claim Wave Accounting and update features and information
Claim Wave Accounting and update features and information