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Fortnox vs Wise Business

Fortnox logo

Fortnox

Software

Swedish cloud accounting and business platform for bookkeeping, invoicing and payroll

From
On request
Rated
-
Full reviewWebsite
Wise Business logo

Wise Business

Software

The smart way to send and receive business payments

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Fortnox corporate packages alone span at least 7 named tiers (Mini through Stor+) priced from 209 kr/man to 919 kr/man, and add-on programs are billed separately per module (SEK); Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP

Where they differ

Only the attributes on which Fortnox and Wise Business actually diverge.

Attributes where Fortnox and Wise Business differ
AttributeFortnoxWise Business
Starting priceOn request$29/month
Pricing modelsubscriptionusage-based
PlatformsWebWeb, Ios, Android, Api
FoundedUnknown2011

Identical on both: free tier (No), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Fortnox

Nothing recorded that Wise Business does not also cover.

Only in Wise Business

  • Multi-currency accounts
  • International transfers
  • Batch payments
  • API access
  • Team management
  • Xero
  • QuickBooks
  • Various

What people use each for

The jobs each tool is most often brought in to do.

Fortnox

No use cases recorded yet. See the Fortnox review.

Wise Business

  • Holding and converting multiple currencies as a businessnot Fortnox
  • Paying international suppliers and contractors at the mid market ratenot Fortnox
  • Receiving payments into local currency account details in several countriesnot Fortnox

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Fortnox

  • Corporate packages alone span at least 7 named tiers (Mini through Stor+) priced from 209 kr/man to 919 kr/man, and add-on programs are billed separately per module (SEK)
  • The Fortnox Access verification tier is priced by transaction volume, rising from 9 kr/man at zero verifications to 199 kr/man at 1000+ verifications (SEK), so cost is not fixed and scales with usage

Wise Business

  • Opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • Volume discounts on transfers start only above 20,000 GBP equivalent sent per month

Pricing, plan by plan

Fortnox

On request

No published plan breakdown. See the Fortnox review.

Wise Business

$29/month
  • StandardFree
    • Multi-currency account
    • Real exchange rate
    • Batch payments

Which should you pick?

Choose Fortnox if

Nothing in the data separates Fortnox from Wise Business on the points above - pick on price and on how each one feels to use.

Fortnox review

Choose Wise Business if

  • You need multi-currency accounts.
  • You work on Web, Ios, Android, Api.
  • You also want international transfers.
Wise Business review

Questions people ask

Is Fortnox or Wise Business better?
Neither clearly leads. Fortnox starts at On request and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Fortnox or Wise Business?
Fortnox starts at On request and Wise Business at $29/month.
Does Fortnox or Wise Business run on more platforms?
Fortnox runs on Web. Wise Business runs on Web, Ios, Android, Api.
What can Fortnox do that Wise Business cannot?
Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.
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Related pages

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