What is Wise?
Pros from reviewers
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Excellent customer service: Users have reported excellent customer service from the Wise team. They listen carefully to project requests and respond quickly to urgent help desk tickets
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Expertise and creativity: The Wise team is known for their expertise and creativity, developed over years of servicing diverse customers and operations globally. They provide positive suggestions based on successful applications and work hard to meet customer needs
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User-friendly and accessible: Wise software is praised for its user-friendly interface and accessibility, making it easy for both IT departments and end users to navigate and use
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Improved inventory management: Wise software has been instrumental in improving inventory management, reducing discrepancies, and ensuring proper supply replenishment. It also provides live updates on stock availability and movements
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Flexibility and adaptability: Wise software is highly adaptable and flexible, allowing users to add extra functionality to the base product. This adaptability helps users to customize the software to meet their operational goals.
Cons from reviewers
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No MacOS versions: The Wise software does not have a MacOS version available, which limits its accessibility for users who operate on MacOS systems
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Unfriendly reporting build outs: The system's pre-set reports are not user-friendly, and exporting the data was found to be faster for end users when trying to develop more advanced reporting.
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Unclear functionalities: Some users have reported that certain functionalities of the Wise software are not very clear, which may lead to confusion and inefficiency
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Limited integration with ERP systems: While the Wise software is appreciated for its simplicity and features, it could enhance its integration with ERP systems like Quickbooks, which may limit its functionality for some businesses
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Limited customization: The Wise software does not allow IT Admin to customize or add functionality without the help of a Royal 4 developer, which may limit its adaptability to specific business needs
Main features
Starting Price
Free Plan
Real-time exchange rates
Batch payments
Mobile app for on-the-go management
Low-cost international transfers
Borderless debit card
Starting Price
N/A
Free Plan
No
Real-time exchange rates
Batch payments
Mobile app for on-the-go management
Low-cost international transfers
Borderless debit card
How Wise compare to similar software?
Product
Price
N/A
Free plan
No
Main features
Pros
Cons
Alternatives
Deal
No available deal at the moment
Wise and N26 are both innovative financial platforms designed to simplify money management, particularly for individuals and businesses that operate internationally. However, they differ significantly in their scope, features, and target users. While Wise focuses primarily on international money transfers and multi-currency management, N26 offers a broader range of banking services, positioning itself as a fully-fledged digital bank.
Wise is best known for its low-cost, transparent international money transfer service. It enables users to send and receive money across borders with real exchange rates and minimal fees. Wise also offers a multi-currency account, which allows users to hold and manage balances in multiple currencies. This makes it particularly attractive to freelancers, small businesses, and expatriates who need to make or receive payments in different currencies. Wise’s strength lies in its laser-focused approach to cross-border transactions, providing a reliable and...
Payoneer and Wise are both prominent players in the realm of international financial services, each offering distinct approaches to managing cross-border transactions and currency exchange. Understanding the differences between these two platforms can guide you toward the most suitable choice for your global financial needs.
Payoneer is known for its versatility and comprehensive suite of global payment solutions. It caters to a wide range of users, including freelancers, e-commerce businesses, and professionals seeking a one-stop solution for international transactions. Payoneer offers multi-currency receiving accounts, a prepaid Mastercard for easy access to funds, and competitive exchange rates. This makes it an excellent choice for individuals and businesses looking for a versatile platform to manage their international finances.
On the other hand, Wise, formerly known as TransferWise, specializes in providing cost-effective international money transfers. It stands out for its...
Revolut and Wise are both well-known software in the world of fintech, offering a range of financial services and solutions tailored to diverse user needs.
One of the primary distinctions between Revolut and Wise lies in their approach to international money transfers and currency exchange. Revolut operates as a digital bank and offers multi-currency accounts, making it an excellent choice for individuals and businesses dealing with frequent cross-border transactions. With Revolut, you can hold, exchange, and transfer money in multiple currencies at competitive exchange rates. In contrast, Wise, formerly known as TransferWise, specializes in international money transfers, providing users with transparent and cost-effective currency conversion services. While Wise doesn't offer multi-currency accounts like Revolut, it excels in delivering lower fees for international transfers, making it an ideal choice for those primarily concerned with cross-border payments.
Another significant...
Who is Wise best for according to our reviewers?
IT Administrators: While they appreciate the simplicity and reliability of WISE, these users may find limitations in customizing or adding functionality without assistance from Royal 4 developers. Despite this, the software's easy setup and smooth operation make it a valuable tool for IT departments
Finance Directors: WISE is appreciated for its excellent foreign exchange rates and ease of international payments, making it a superior alternative to traditional banking systems for these users. It saves them both time and money
International Travelers: These users find WISE extremely useful for its multi-currency virtual banks and low transaction fees. The ability to withdraw local currency at numerous ATMs using a Wise card is particularly convenient in places where only cash is accepted
Small Business Owners: WISE's flexibility and adaptability make it an ideal solution for these users. The software's ability to handle various types of orders across different locations and environments, as well as its customizable features, help small businesses meet their operational goals. However, some users may find the system's pre-set reports and certain functionalities less user-friendly.
Warehouse Managers: These users benefit from WISE's ability to streamline warehouse operations, reduce inventory discrepancies, and improve efficiency. The software's tracking capabilities and automated system for supply replenishment are particularly useful for managing large inventories
Wise Reviews
4.6
Wise rating
4.6
Ease of use
4.2
Customer service
4.5
Value for money
4.5
Likelihood to recommend
4.5
Features
29 Wise Reviews
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Tyler N
Commendable Customer Support at Wise
The customer support team at Wise is commendable. They were quick to respond and very helpful when I encountered an issue
October 19, 2024
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Debra Brown
Wise: A Game-Changer at Kreg Tool
My experience with Royal's customer service has been excellent. They listen carefully to my project requests and respond quickly to urgent help desk tickets. I've been satisfied with my experience with Wise since I started using it 4 years ago. A significant benefit of Wise software is its simplicity for both the IT department and end users. Once the system is set up, it operates smoothly with almost no downtime. The user interface is neat and provides easy access for end users. It enables us to track our inventory accurately and ensure all our orders are shipped on time. Royal 4's customer service is outstanding, and I enjoy working with the developers assigned to my help desk tickets. Wise has been a dependable shipping system for Kreg Tool for the past few years. However, it doesn't allow IT Admin to customize or add functionality without Royal 4's help. Most changes require a Royal 4 developer.
October 12, 2024
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Sophia F
My Trustworthy Experience with Wise
I've always been a huge fan of Wise and continue to be one! I recently had an experience where a payment from a client took a bit longer than expected - about two weeks. Initially, they had promised a payout in 3 days, but then they updated their status page to say We're running some checks. I was actually quite impressed by their commitment to security and thoroughness. It's not every day you find a company that takes the time to ensure everything is in order, even if it means a slight delay. Looking at recent reviews, it's clear that they're not just about speed, but also about reliability and trust. I'm glad to be using a service that values these aspects so highly!
October 8, 2024
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Ann D
WISE 3PL: Streamlining Your Business Operations
In my quest for a new WMS system, I found WISE to be a flexible solution that met my needs, unlike many other systems. It has greatly enhanced my business and enabled growth that my previous WMS couldn't support. WISE is user-friendly, highly adaptable, and provides prompt support. The system is well-designed with task management features. However, it didn't recognize some Dutch/European standards like SSCC and certain EAN codes, which needed modification. Also, there are occasional minor system errors.
September 28, 2024
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Elijah Williams
Unleashing Flexibility: The Power of Wise's Cloud-based Platform
The cloud-based nature of Wise is a huge advantage. It allows me to access my work from anywhere, which is great for flexibility
September 22, 2024
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Dylan F
Software Integration Boosts Team Collaboration
The software's ability to integrate with other platforms is a major plus. It has made sharing and collaboration much easier within my team
September 14, 2024
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Tyler Martinez
Superb Service
As a Finance Director and personal user, I find Wise's service excellent and superior to banks, especially for international payments. Their foreign exchange rates are spot on with the market, without the questionable 3% spreads seen in high street banks. It saves me both time and money.
September 7, 2024
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Mark R
Top-notch Banking Software
I was impressed by the ease of setting up the account with Wise, which still maintained high security. Transferring money is much simpler than with any other bank I've been with. The interest on the 'Jars' is impressive compared to my standard bank account and moving money between 'Jars' is quick and easy. I highly recommend Wise to everyone.
August 31, 2024
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Christopher D
Wise's Data Analysis: A Game-Changer for Business Decisions
I am particularly impressed with Wise's data analysis capabilities. It has helped me make more informed decisions for my business
August 25, 2024
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Sharon Davis
User-Friendly Interface: Wise Makes Navigation a Breeze
Lastly, the user interface of Wise is clean and intuitive. Even those with little technical knowledge can navigate it with ease.
August 17, 2024
