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Lexware vs Wise Business

Lexware logo

Lexware

Software

Accounting and invoicing software for German small businesses and freelancers

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: Lexware prices are tiered by employee count up to 50 Mitarbeitende, and the payroll add-on tiers above the base range are quoted only auf Anfrage (on request), not published (EUR); 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 Lexware and Wise Business actually diverge.

Attributes where Lexware and Wise Business differ
AttributeLexwareWise 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 Lexware

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.

Lexware

No use cases recorded yet. See the Lexware review.

Wise Business

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

Where each one falls short

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

Lexware

  • Prices are tiered by employee count up to 50 Mitarbeitende, and the payroll add-on tiers above the base range are quoted only auf Anfrage (on request), not published (EUR)
  • Base plans range from EUR 7.90 to EUR 32.90 per month before VAT, with the introductory 50% discount lasting only 3 months

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

Lexware

On request

No published plan breakdown. See the Lexware review.

Wise Business

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

Which should you pick?

Choose Lexware if

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

Lexware 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 Lexware or Wise Business better?
Neither clearly leads. Lexware 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, Lexware or Wise Business?
Lexware starts at On request and Wise Business at $29/month.
Does Lexware or Wise Business run on more platforms?
Lexware runs on Web. Wise Business runs on Web, Ios, Android, Api.
What can Lexware 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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