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Wise Business

By Wise
2.75 out of 5 stars
Connect with Wise to automatically sync your activity for over 50 currencies. Pay bills in seconds and choose to reconcile manually or automatically. Wise is a fast, easy international business account that saves you money wherever you want to use it.
Rated
2.8
out of 5
Reviewed by
8
Xero users
Listed for
3 years
March 2023
Key functions
Bills and expenses
Payments

Overview

Pay: Effortlessly pay international bills, vendors, and employees — get the real mid-market exchange rate, in over 80 countries. We’re 6x cheaper than old-school banks, and 19x cheaper than Paypal.

Get paid: With Wise Business, you can get local bank details for 10 different currencies. Give them to your customers for an easy, free way to get paid. 50% of payments are instant or arrive in an hour.

Wise Business + Xero

Automate: See your unpaid bills in real time and pay them seamlessly from your Bills page on Wise. Choose to reconcile bills yourself in Xero or turn on automatic recording and we’ll do this for you.

Don’t want to sync your bills? No problem, you can still sync just your bank feeds and leave everything else off.

We want to give you the choice on how you connect. So we’ve built in controls that allow you to easily manage which settings you want on or off to suit your business needs.

Reviews & ratings

2.8 out of 5 stars
8 Reviews

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Most recent reviews

AW
Andrew Warner
Posted
1 out of 5 stars

Doesn't work

Our Wise business account was integrated fine. Noticed that transactions had stopped synching. No option to refresh feed. Contactd support who advised disconnection and reconnecting the app. Disconnected it, now whenever I try to reconnect, Wie takes me to a page asking me which software I want to connect with and Xero isn't listed. Wise used to be great. But over the last 24 months it has just got worse.
MT
Matt Twine
Posted
1 out of 5 stars

Wise makes up receipts

Wise just makes up receipts and sends them all over to xero which completely screws up reconciling. There doesn't appear to be anyway to disable this and its a pain. We only want the bank feeds, not all these traction receipts which are made up. Everything is disabled in wise other than bank feed and it still happens.
AJ
Andrew Jackson
Posted
1 out of 5 stars

Impossible to reconcile with this integration, Wise support advised to upload the data manually

Awful integration creates multiple lines for a single foreign currency transaction that do not match the values in the bank feed, so it's impossible to reconcile. Wise advised the following, so based on this, we are looking to replace Wise with another provider due to the amount of extra time it's taking to keep records in order: Turn off the integration in Xero and download the currency statements as a CSV file and upload them to Xero manually.

Response from Wise Business

Hi Andrew, Sorry for the bad experience. Can you please reach out to us with more details about your issue using billssupport@wise.com?

Additional info

Shared data

Xero
Wise Business
Bank Transactionsshared from Wise Business to Xero
Paymentsshared from Wise Business to Xero
Invoicesshared from Xero to Wise Business
Bank Transfersshared from Wise Business to Xero

Functions

Bills and expensesPayments

Industries

RetailProfessional servicesAccounting

App details

By Wise
Added in 2023

Get started with Wise Business

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.