QuickBooks Online vs. Wagepoint

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
QuickBooks Online
Score 8.3 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$38
per month
Wagepoint
Score 7.4 out of 10
N/A
Wagepoint is payroll software, from the multinational company of the same name headquartered in Calgary.N/A
Pricing
QuickBooks OnlineWagepoint
Editions & Modules
Simple Start
$38
per month
Essentials
$75
per month
Plus
$115
per month
Advanced
$275
per month
No answers on this topic
Offerings
Pricing Offerings
QuickBooks OnlineWagepoint
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing is based on a monthly subscription model. The right plan depends on how often a business runs payroll. Solo plan Best for businesses that only run one payroll per month. $20/month plus $4 per employee/contractor Unlimited plan All-you-can-payroll. Best for businesses handling multiple payrolls in a month. $40/month plus $6 per employee/contractor *All prices above are CAD
More Pricing Information
Community Pulse
QuickBooks OnlineWagepoint
Features
QuickBooks OnlineWagepoint
Payroll Management
Comparison of Payroll Management features of Product A and Product B
QuickBooks Online
8.4
Ratings
8% above category average
Wagepoint
8.6
Ratings
4% above category average
Pay calculation7.60 Ratings10.00 Ratings
Benefit plan administration7.00 Ratings00 Ratings
Direct deposit files9.00 Ratings10.00 Ratings
Salary revision and increment management9.00 Ratings00 Ratings
Reimbursement management9.40 Ratings10.00 Ratings
Support for external payroll vendors00 Ratings6.00 Ratings
Off-cycle/On-Demand payment00 Ratings7.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
QuickBooks Online
8.3
Ratings
8% above category average
Wagepoint
-
Ratings
API for custom integration8.70 Ratings00 Ratings
Plug-ins8.00 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
QuickBooks Online
9.7
Ratings
15% above category average
Wagepoint
-
Ratings
Single sign-on capability9.60 Ratings00 Ratings
Role-based user permissions9.70 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
QuickBooks Online
8.2
Ratings
4% above category average
Wagepoint
-
Ratings
Dashboards8.70 Ratings00 Ratings
Standard reports8.30 Ratings00 Ratings
Custom reports7.60 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
QuickBooks Online
8.6
Ratings
10% above category average
Wagepoint
-
Ratings
Accounts payable9.20 Ratings00 Ratings
Accounts receivable9.40 Ratings00 Ratings
Cash management8.80 Ratings00 Ratings
Bank reconciliation9.20 Ratings00 Ratings
Expense management8.80 Ratings00 Ratings
Time tracking6.90 Ratings00 Ratings
Fixed asset management8.20 Ratings00 Ratings
Multi-currency support7.00 Ratings00 Ratings
Multi-division support9.20 Ratings00 Ratings
Regulations compliance9.30 Ratings00 Ratings
Electronic tax filing9.40 Ratings00 Ratings
Self-service portal8.80 Ratings00 Ratings
Global Financial Support8.20 Ratings00 Ratings
Primary and Secondary Ledgers8.80 Ratings00 Ratings
Intercompany Accounting8.80 Ratings00 Ratings
Localizations8.20 Ratings00 Ratings
Journals and Reconciliations9.40 Ratings00 Ratings
Enterprise Accounting8.20 Ratings00 Ratings
Configurable Accounting7.80 Ratings00 Ratings
Centralized Rules Framework8.40 Ratings00 Ratings
Standardized Processes8.60 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
QuickBooks Online
7.6
Ratings
3% above category average
Wagepoint
-
Ratings
Inventory tracking8.00 Ratings00 Ratings
Automatic reordering7.00 Ratings00 Ratings
Location management8.20 Ratings00 Ratings
Manufacturing module7.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
QuickBooks Online
8.4
Ratings
8% above category average
Wagepoint
-
Ratings
Pricing8.00 Ratings00 Ratings
Order entry8.00 Ratings00 Ratings
Credit card processing8.60 Ratings00 Ratings
Cost of goods sold9.30 Ratings00 Ratings
Order Orchestration8.00 Ratings00 Ratings
End-to-end order visibility9.00 Ratings00 Ratings
Order exception Resolution8.00 Ratings00 Ratings
User Ratings
QuickBooks OnlineWagepoint
Likelihood to Recommend
8.8
(0 ratings)
7.0
(0 ratings)
Likelihood to Renew
1.9
(0 ratings)
-
(0 ratings)
Usability
8.8
(0 ratings)
-
(0 ratings)
Availability
2.0
(0 ratings)
-
(0 ratings)
Performance
1.0
(0 ratings)
-
(0 ratings)
Support Rating
1.1
(0 ratings)
-
(0 ratings)
Implementation Rating
3.0
(0 ratings)
-
(0 ratings)
Configurability
10.0
(0 ratings)
-
(0 ratings)
Ease of integration
1.3
(0 ratings)
-
(0 ratings)
Product Scalability
1.0
(0 ratings)
-
(0 ratings)
Vendor post-sale
1.0
(0 ratings)
-
(0 ratings)
Vendor pre-sale
1.0
(0 ratings)
-
(0 ratings)
User Testimonials
QuickBooks OnlineWagepoint
Likelihood to Recommend
I appreciate the ability to auto-generate invoices for recurring transactions, which saves time, as well as the option to set up auto-generated transactions. The report option is super helpful when reviewing information, as you can click to view the details in the report without having to go back and forth.
Read full review
I would recommend Wagepoint for small to medium-sized organizations. It is a very simple way to keep track of payroll and salary information. It also allows you to differentiate between full-time and part-time employees. I would not recommend Wagepoint for larger organizations that require robust data and a variety of roles.
Read full review
Pros
  • It enables me to do a P&L for each specific program as requested by the county for the grant money that they give us.
  • It enables me to do [an] organizational budget as well as a budget for each specific program
  • It enables the accountant and the auditor access at any time for transparency
Read full review
  • Manages payroll
  • Maintains employee data--addresses, contact info, etc.
Read full review
Cons
  • Purchase Orders cannot be linked to multiple bill payments which makes tracking purchase orders in QuickBooks Online obsolete. Without the function we have to track this within a different more manual spreadsheet.
  • Would be helpful if you could "split" bank transactions directly from the "review" downloads from the bank. Currently, to split transactions to multiple accounts we need to first categorize, then review after assigning to 1 account.
Read full review
  • Reports need to be improve. You cannot customize your preferred report. Thus, manual reporting happens at times. But you can't complain on the cost.
  • Flexibility on late notice of payroll processing. Lowering additional fees could help us.
  • Need to ask clients for feedback on the use of system.
Read full review
Likelihood to Renew
QBO needs better integration with non-Intuit products and developers need to use Intuit's open API to develop better add-ons. Clients are having a great deal of problems with their data importing from the bank and this takes time away from better revenue producing activities. Although the efficiencies are there, they are outweighted by the shortcomings of the product. When we ran a parallel of QBO versus other cloud accounting products, we had more issues with the QBO product than any other
Read full review
No answers on this topic
Usability
I had very little trouble setting up the program and migrating from our old accounting system. The daily usage is also very intuitive and easy. Anytime we run into minor trouble with the program, there are always tons of help available on YouTube, so we don't even look up the online manual anymore.
Read full review
No answers on this topic
Reliability and Availability
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
Read full review
No answers on this topic
Performance
Everything process has its bugs lately with the new interface. Nothing has worked smoothly since this all began last month.
Read full review
No answers on this topic
Support Rating
In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
Read full review
No answers on this topic
Implementation Rating
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
Read full review
No answers on this topic
Alternatives Considered
QuickBooks Online is an accounting software package that allows companies to use a cost-effective and efficient software package. QuickBooks Online allows companies to prepare their balance sheets and income statements. It connects with a variety of other applications, which allows you to be efficient. We are very pleased with QuickBooks Online, and we would highly recommend it.
Read full review
Wagepoint is more aligned with the Canadian payroll and relevant taxation. Their knowledge related to those really stood up against any payroll provider that offers a cheaper service yet of high quality results. Their customer support exceeded my expectations. They are very helpful and knowledgeable on the services that they provide.
Read full review
Scalability
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
Read full review
No answers on this topic
Return on Investment
  • I think the help function is cumbersome and hard to use. When I go to refresh myself on a function, say quarterly, I feel like I have to cast about just looking for it.
  • The account reconciliation works, but in this place that could benefit from messaging, there are no easy helping functions flagging things like amounts that fit the discrepancy.
  • Even styling invoices and documents is more cumbersome than it should be.
Read full review
  • Lower payroll administration expenses
  • Time and effort is saved from filing remittances to relevant government bodies.
  • Timely and accurate reporting of our payroll
Read full review
ScreenShots

QuickBooks Online Screenshots

Screenshot of the accounting and bank transactions interfaceScreenshot of an overview of the accounting inventoryScreenshot of book marksScreenshot of the business tax overviewScreenshot of the customer hubScreenshot of the dashboard