3rdwave vs Acumatica
Side-by-side comparison
| 3rdwave | Acumatica | |
|---|---|---|
| Product | 3rdwave | Acumatica Tax Management |
| Category | Tax Compliance | Tax Compliance |
| What it does | AI-driven platform for global trade management, shipment execution, and compliance. | Automate and streamline tax configuration, collection, management, and reporting. |
| Pricing model | — | Resource-based subscription (not per-user), based on applications, projected resource consumption (transaction volume, data storage), and license type. |
| Starting price | — | From $6,396/year (included in ERP) |
| Free trial | — | Yes |
| Target company size | SMB, Mid-Market, Enterprise | SMB, Mid-Market |
| Deployment | SaaS | Cloud/SaaS, Private Cloud, On-premise |
| Integrations | LSPs, partners | — |
| API available | Yes | Yes |
| Certifications | — | SOC 1 Type II, SOC 2 Type II, PCI DSS, HIPAA |
| Data residency | — | US, EU |
| G2 rating | 3.8/5/5 | 4.5/5 (1578 reviews) |
About 3rdwave
3rdwave is an AI-powered Global Trade Management (GTM) platform designed to simplify international shipping and trade compliance. It provides businesses with real-time visibility, enabling faster adaptation to market changes and ensuring worldwide regulatory adherence. The platform is built for international shippers across various industries, with specialized expertise in areas like Wine & Spirit
Use cases: Automating customs compliance and duty drawback processes for international shipments., Performing restricted party screening to ensure global trade security and compliance., Calculating Total Landed Cost (TLC) to accurately estimate duties, fees, and taxes before shipping., Gaining real-time visibility and control over global supply chain activities with a control tower view., Digitizing and streamlining import/export operations from product master file management to shipment execution.
About Acumatica Tax Management
Acumatica Tax Management is a core module within the Acumatica Cloud ERP's Financial Management suite, designed to simplify and automate all aspects of tax configuration, collection, management, and reporting. It supports various tax types, including sales, use, withholding, VAT, and reverse VAT, allowing businesses to specify multiple rates with different effective dates and amounts. The module s
Use cases: Automating sales and use tax calculations for businesses operating in multiple states or regions., Managing VAT and reverse VAT for international sales and purchases, including compliance with specific regional regulations like UK's Making Tax Digital., Streamlining withholding tax processes for payments to vendors or employees., Reconciling calculated tax liabilities with General Ledger postings and drilling down to original transactions for audit purposes., Handling complex tax scenarios such as the impact of cash discounts on taxable amounts and managing tax exemption certificates.
Full Acumatica Tax Management blueprint · Acumatica company profile