Welcome to the AI4NGOs Platform
Wave is a free accounting tool targeted at small businesses and nonprofits, providing tools for managing invoices, expenses, and payroll. It features a simple interface that supports basic business processes without complexity. Wave supports easy financial report generation, helping organizations track cash flow and prepare clear budgets.
Humanitarian organizations can use Wave to professionally track donations and expenses without the need to hire a full-time accountant. The tool helps prepare transparent financial reports that provide donors with details of how funds are used. It also contributes to improving internal control over operational expenses and ensuring that projects adhere to established budgets.
Wave offers a powerful free version for basic accounting management, supports electronic invoice generation, detailed financial reports, and connects bank accounts to automatically update transactions.
May not be suitable for managing complex or multi-currency financial operations in large organizations.
Free
Poor financial management and difficulty in preparing reports for donors.