Is Paylocity or Wise Business better?

Neither clearly leads. Paylocity 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, Paylocity or Wise Business?

Paylocity starts at On request and Wise Business at $29/month.

Does Paylocity or Wise Business run on more platforms?

Paylocity runs on Web, Ios, Android. Wise Business runs on Web, Ios, Android, Api.

What can Paylocity do that Wise Business cannot?

Paylocity covers Payroll, HR Management, Benefits Administration, Time and Labor. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access. Both handle QuickBooks, Web support, Ios support, Android support.

Payroll & Benefits · head to head

Paylocity vs Wise Business

Paylocity

Payroll & Benefits

HR and payroll solutions to drive employee engagement

From: On request
Rated: -

Full review Website

Wise Business

Accounting & Finance

The smart way to send and receive business payments

From: $29/month
Rated: -

Full review Website

The short version

Each has a real cost: Paylocity the Internet Archive's capture of Paylocity's homepage on 3 January 2021 named a wide suite of modules, including Payroll, On Demand Payment, HR Edge, Recruiting, Performance Management, Compensation Management and a Learning Management System, all sold via 'Request a Demo' with no price figures published.; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
They diverge on capability: Paylocity covers Payroll, Wise Business covers Multi-currency accounts.

Where they differ

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

Attributes where Paylocity and Wise Business differ
Attribute	Paylocity	Wise Business
Starting price	On request	$29/month
Pricing model	quote	usage-based
Platforms	Web, Ios, Android	Web, Ios, Android, Api
Category	Payroll & Benefits	Accounting & Finance
Founded	1997	2011

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

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 Paylocity

Payroll
HR Management
Benefits Administration
Time and Labor
Talent Management
Employee Engagement
Slack
Microsoft Teams

Only in Wise Business

Multi-currency accounts
International transfers
Batch payments
API access
Team management
Xero
Various
FCA regulated

Both cover

QuickBooks
Web support
Ios support
Android support

What people use each for

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

Paylocity

No use cases recorded yet. See the Paylocity review.

Wise Business

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

Where each one falls short

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

Paylocity

The Internet Archive's capture of Paylocity's homepage on 3 January 2021 named a wide suite of modules, including Payroll, On Demand Payment, HR Edge, Recruiting, Performance Management, Compensation Management and a Learning Management System, all sold via 'Request a Demo' with no price figures published.

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

Paylocity

On request

Core Payroll$undefined/month
- Payroll Processing
- Tax Services
- Direct Deposit
Complete HCM$undefined/month
- All Core features
- HR
- Benefits

Wise Business

$29/month

StandardFree
- Multi-currency account
- Real exchange rate
- Batch payments

Which should you pick?

Choose Paylocity if

You need payroll.
You work on Web, Ios, Android.
You also want hr management.

Paylocity 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 Paylocity or Wise Business better?: Neither clearly leads. Paylocity 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, Paylocity or Wise Business?: Paylocity starts at On request and Wise Business at $29/month.
Does Paylocity or Wise Business run on more platforms?: Paylocity runs on Web, Ios, Android. Wise Business runs on Web, Ios, Android, Api.
What can Paylocity do that Wise Business cannot?: Paylocity covers Payroll, HR Management, Benefits Administration, Time and Labor. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access. Both handle QuickBooks, Web support, Ios support, Android support.

Paylocity vs Wise Business

Paylocity

Wise Business

The short version

Where they differ

What each one covers

Only in Paylocity

Only in Wise Business

Both cover

What people use each for

Paylocity

Wise Business

Where each one falls short

Paylocity

Wise Business

Pricing, plan by plan

Paylocity

Wise Business

Which should you pick?

Choose Paylocity if

Choose Wise Business if

Questions people ask

Related pages

More on Paylocity

More on Wise Business

Keep looking

Other head to heads