Softwr

Accounting & Finance · head to head

Payoneer vs QAD

Payoneer logo

Payoneer

Accounting & Finance

One account. Infinite opportunities.

From
$29/month
Rated
-
Full reviewWebsite
QAD logo

QAD

ERP & Business Operations

Cloud and on-premise ERP for manufacturers

From
$2000/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Payoneer an annual account fee of $29.95 USD applies if the account receives less than $6,000 USD in any 12 consecutive months; QAD no price, per user rate, minimum or contract term is published on the site; the only routes are a demo request and a Contact Sales link
  • They diverge on capability: Payoneer covers Receive payments, QAD covers Financial management.

Where they differ

Only the attributes on which Payoneer and QAD actually diverge.

Attributes where Payoneer and QAD differ
AttributePayoneerQAD
Starting price$29/month$2000/month
Pricing modelusage-basedsubscription
PlatformsWeb, Ios, AndroidCloud, On-premise, Web
CategoryAccounting & FinanceERP & Business Operations
Founded20051979

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 Payoneer

  • Receive payments
  • Multi-currency accounts
  • Working capital
  • Mass payouts
  • Marketplace integrations
  • Amazon
  • Fiverr
  • Upwork

Only in QAD

  • Financial management
  • Manufacturing
  • Supply chain
  • Inventory management
  • Quality management
  • REST APIs
  • EDI
  • IoT integration

Both cover

  • Web support

What people use each for

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

Payoneer

  • Receiving marketplace and platform payouts as a freelancer or sellernot QAD
  • Holding receiving accounts in several currenciesnot QAD
  • Paying suppliers and withdrawing to a local bank accountnot QAD

QAD

  • ERP for manufacturers covering production execution and schedulingnot Payoneer
  • Supply chain planning, purchasing and inventory controlnot Payoneer
  • Quality management, traceability and supplier management for regulated manufacturingnot Payoneer
  • Field service and enterprise asset managementnot Payoneer

Where each one falls short

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

Payoneer

  • An annual account fee of $29.95 USD applies if the account receives less than $6,000 USD in any 12 consecutive months
  • The Payoneer card carries a $29.95 USD annual fee and $12.95 USD for a replacement
  • Converting between Payoneer balances in different currencies costs 0.50%
  • Receiving into a non local currency receiving account costs 1%, minimum $1.00 USD
  • Receiving by credit card costs up to 3.99% plus $0.49 USD
  • Withdrawing to a bank in the recipient's local currency costs 1.2% to 4%
  • ATM withdrawals cost $3.15 USD plus up to 1.8%, rising to 3.5% when currency is converted
  • Card purchases requiring conversion cost up to 3.5%

QAD

  • No price, per user rate, minimum or contract term is published on the site; the only routes are a demo request and a Contact Sales link
  • Field service management, enterprise asset management and quality management are presented as separate functional areas rather than a single priced bundle

Pricing, plan by plan

Payoneer

$29/month
  • StandardFree
    • Receive payments
    • Multi-currency
    • Marketplace connections

QAD

$2000/month
  • Standard$2000/month
    • Financial management
    • Manufacturing
    • Supply chain
  • Premium$4000/month
    • Advanced modules
    • Analytics
    • Priority support

Which should you pick?

Choose Payoneer if

  • You need receive payments.
  • You work on Web, Ios, Android.
  • You also want multi-currency accounts.
Payoneer review

Choose QAD if

  • You need financial management.
  • You work on Cloud, On-premise, Web.
  • You also want manufacturing.
QAD review

Questions people ask

Is Payoneer or QAD better?
Neither clearly leads. Payoneer starts at $29/month and QAD at $2000/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Payoneer or QAD?
Payoneer starts at $29/month and QAD at $2000/month.
Does Payoneer or QAD run on more platforms?
Payoneer runs on Web, Ios, Android. QAD runs on Cloud, On-premise, Web.
What is Payoneer best used for?
Payoneer is most often used for receiving marketplace and platform payouts as a freelancer or seller, holding receiving accounts in several currencies, paying suppliers and withdrawing to a local bank account. Of those, receiving marketplace and platform payouts as a freelancer or seller and holding receiving accounts in several currencies are not what QAD is typically brought in for.
What can Payoneer do that QAD cannot?
Payoneer covers Receive payments, Multi-currency accounts, Working capital, Mass payouts. QAD covers Financial management, Manufacturing, Supply chain, Inventory management. Both handle Web support.
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Payoneer

More on QAD

Keep looking

Other head to heads