Softwr

Software · head to head

Lattice vs Wise Business

Lattice logo

Lattice

Software

People management platform for growing companies

From
$11/month
Rated
-
Wise Business logo

Wise Business

Software

The smart way to send and receive business payments

From
$29/month
Rated
-

The short version

  • Each has a real cost: Lattice a $4,000 minimum annual agreement applies, so the per seat prices only describe the cost above that floor; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
  • They diverge on capability: Lattice covers Performance reviews, Wise Business covers Multi-currency accounts.

Where they differ

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

Attributes where Lattice and Wise Business differ
AttributeLatticeWise Business
Starting price$11/month$29/month
Pricing modelsubscriptionusage-based
Founded20152011

Identical on both: free tier (No), platforms (Web, Ios, Android, Api), 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 Lattice

  • Performance reviews
  • OKRs & goal tracking
  • Employee engagement surveys
  • 1-on-1 meetings
  • Continuous feedback
  • Compensation management
  • Career development
  • People analytics

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.

Lattice

  • Running performance reviews, goals and engagement surveysnot Wise Business
  • Managing compensation cycles and career development frameworksnot Wise Business

Wise Business

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

Where each one falls short

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

Lattice

  • A $4,000 minimum annual agreement applies, so the per seat prices only describe the cost above that floor
  • Billing is annual only
  • The platform is sold as three separate base products at $10, $8 and $4 per seat per month, so a full deployment stacks rather than being one price
  • Compensation and Grow are further add ons at $6 and $4 per seat per month on top

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

Lattice

$11/month
  • Performance Management$11/month
    • Performance reviews
    • Goals & OKRs
    • 1-on-1s
  • Performance + Engagement$15/month
    • Everything in Performance
    • Engagement surveys
    • Pulse surveys
  • Enterprise$undefined/month
    • All features
    • Advanced analytics
    • Custom integrations

Wise Business

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

Which should you pick?

Choose Lattice if

  • You need performance reviews.
  • You work on Web, Ios, Android, Api.
  • You also want okrs & goal tracking.

Choose Wise Business if

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

Questions people ask

Is Lattice or Wise Business better?
Neither clearly leads. Lattice starts at $11/month and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Lattice or Wise Business?
Lattice starts at $11/month and Wise Business at $29/month.
Does Lattice or Wise Business run on more platforms?
Both run on Web, Ios, Android, Api, so platform support will not decide this one for you.
What is Lattice best used for?
Lattice is most often used for running performance reviews, goals and engagement surveys, managing compensation cycles and career development frameworks. Of those, running performance reviews, goals and engagement surveys and managing compensation cycles and career development frameworks are not what Wise Business is typically brought in for.
What can Lattice do that Wise Business cannot?
Lattice covers Performance reviews, OKRs & goal tracking, Employee engagement surveys, 1-on-1 meetings. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.

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