Accounting & Finance · head to head
Wise Business vs Zenefits

Wise Business
Accounting & Finance
The smart way to send and receive business payments
- From
- $29/month
- Rated
- -

Zenefits
Payroll & Benefits
All-in-one HR platform for growing companies
- From
- $8/month
- Rated
- -
The short version
- Each has a real cost: Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP; Zenefits product discontinued by parent company TriNet
- They diverge on capability: Wise Business covers Multi-currency accounts, Zenefits covers HR Administration.
Where they differ
Only the attributes on which Wise Business and Zenefits actually diverge.
| Attribute | Wise Business | Zenefits |
|---|---|---|
| Starting price | $29/month | $8/month |
| Pricing model | usage-based | subscription |
| Platforms | Web, Ios, Android, Api | Web |
| Category | Accounting & Finance | Payroll & Benefits |
| Founded | 2011 | 2013 |
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 Wise Business
- Multi-currency accounts
- International transfers
- Batch payments
- API access
- Team management
- Various
- FCA regulated
- Bank-level security
Only in Zenefits
- HR Administration
- Benefits Management
- Payroll
- Time and Scheduling
- Compliance
- Performance Management
- Slack
- Google Workspace
Both cover
- Xero
- QuickBooks
- Web support
- Ios support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Wise Business
- Holding and converting multiple currencies as a businessnot Zenefits
- Paying international suppliers and contractors at the mid market ratenot Zenefits
- Receiving payments into local currency account details in several countriesnot Zenefits
Zenefits
No use cases recorded yet. See the Zenefits review.
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
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
Zenefits
- Product discontinued by parent company TriNet
- Remaining customers forced to migrate to more expensive TriNet products
Pricing, plan by plan
Wise Business
$29/month- StandardFree
- Multi-currency account
- Real exchange rate
- Batch payments
Zenefits
$8/month- Essentials$8/month
- HR Administration
- Time Off Tracking
- Scheduling
- Growth$16/month
- All Essentials features
- Compensation Management
- Performance Management
Which should you pick?
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 Wise Business or Zenefits better?
- Neither clearly leads. Wise Business starts at $29/month and Zenefits at $8/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Wise Business or Zenefits?
- Wise Business starts at $29/month and Zenefits at $8/month.
- Does Wise Business or Zenefits run on more platforms?
- Wise Business runs on Web, Ios, Android, Api. Zenefits runs on Web.
- What is Wise Business best used for?
- Wise Business is most often used for holding and converting multiple currencies as a business, paying international suppliers and contractors at the mid market rate, receiving payments into local currency account details in several countries. Of those, holding and converting multiple currencies as a business and paying international suppliers and contractors at the mid market rate are not what Zenefits is typically brought in for.
- What can Wise Business do that Zenefits cannot?
- Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access. Zenefits covers HR Administration, Benefits Management, Payroll, Time and Scheduling. Both handle Xero, QuickBooks, Web support, Ios support.
Answered from the vendors’ own pages
Zenefits: Is Zenefits still available as a standalone product?
No. Zenefits was discontinued as a standalone product after TriNet's acquisition in 2022. Existing customers are being migrated to TriNet HR Plus (ASO) or TriNet PEO at higher costs.
SourceZenefits: What were Zenefits' main features before discontinuation?
Zenefits provided HR, benefits management, payroll as optional add-on, time and attendance tracking, and compliance tools for small to mid-sized businesses with 10-200 employees.
SourceRelated pages
More on Wise Business
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