Software Alternatives, Accelerators & Startups

Beneration VS Wise

Compare Beneration VS Wise and see what are their differences

Beneration logo Beneration

Turn the chaos of employee benefits billing into order. Beneration's VerifiaBill software offers invoice auditing & consolidation, reporting, & more.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Beneration Landing page
    Landing page //
    2022-05-04

VerifiaBill by Beneration goes above and beyond traditional “consolidated billing” by simplifying the financial operations around employee benefits billing.

Employee benefits already involve too many vendors and payments, and the carrier invoices and benadmin data rarely match between incorrect rates, tiers, terminated employees that are still enrolled, or even active employees without coverage. The auditing process is massively time-consuming for employers.

Beneration’s VerifiaBill software simplifies premium billing by consolidating carrier invoices, allocating benefit costs, and identifying discrepancies in coverage charges. Using these reports, employers can be sure that their employees have the coverage that they need and that they are paying exactly what they owe.

VerifiaBill can provide HR and Accounting teams with the following monthly services and reporting: • A single consolidated monthly invoice for all benefit plans • Allocation of every benefit charge to cost centers • Auditing of carrier invoices for any discrepancies
• One payment through Carrier Bill Pay service • Self-Bill compilation with enrollment data

With VerifiaBill, employers can ultimately eliminate errors, save time, and focus more on their people.

  • Wise Landing page
    Landing page //
    2023-09-02

Beneration features and specs

  • Consolidated Invoicing: Yes
  • Benefit Cost Allocation: Yes
  • Benefits Reconciliation: Yes
  • Carrier Bill Pay: Yes
  • Self-Bill Compilation: Yes

Wise features and specs

No features have been listed yet.

Beneration videos

Learn About Beneration

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Beneration and Wise)
HR Tools
100 100%
0% 0
Online Payments
0 0%
100% 100
HR
100 100%
0% 0
Money Transfer
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Beneration and Wise

Beneration Reviews

We have no reviews of Beneration yet.
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Wise Reviews

Best money transfer apps of 2021
TransferWise does also offer Business pricing, which adds in extra features that are free, including the ability to receive money in EUR, USD, GBP, PLN, AUD and NZD currencies without charge. However, this comes with a 0.33%-3.56% fee to convert currencies. The supporting TransferWise debit Mastercard comes free too, with the same currency conversion fee of 0.33%-3.56% plus...
Top 7 Wise Alternatives
Wise’s Multi Currency Account (review) and associated Wise card (review) (which works great as a travel money card) are especially useful to expats who need banking features in a new country to pay rent, buy groceries, or receive money like a local (Wise offers international bank details in 10 currencies).
Source: transumo.com
5 Safe Money Transfer Alternatives to Wise
As a money transfer service, Wise (formerly known as TransferWise) is a transparent and easy to use option. But if you’re making an international money transfer, it can be worth looking at some of Wise’s competitors to see which is the best option for you.
Source: www.exiap.com
Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B
For now, the backing of its investors is allowing Airwallex to grow its business without needing to focus on making money. That’s proven tricky for some fintech companies — such as TransferWise and Europe’s challenger banks — but Zhang is confident that when that changes, his company will have little trouble being sustainable.
Source: techcrunch.com

Social recommendations and mentions

Based on our record, Wise seems to be more popular. It has been mentiond 24 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Beneration mentions (0)

We have not tracked any mentions of Beneration yet. Tracking of Beneration recommendations started around May 2022.

Wise mentions (24)

  • Which bank in vietnam have the lowest fee for overseas remittance?
    I don't think you need to be a holder of both. I put my mom on my Wells Fargo account and she sent to my account. There is also https://wise.com/us/ . This one I have used to send to someones account in Vietnam. It does have slightly higher fee. But it goes straight into their account. From Wells Fargo I would have to go and get USD then exchange it to Vietnamese currency. Source: 12 months ago
  • We are happy to welcome you to Auction 88 — Coins of The World.
    They invoice in Euros (Czech Republic) so also be aware of fees on payments. I've successfully used TransferWise (https://wise.com/us/). Source: about 1 year ago
  • Recommend me a first credit card with 0 foreign tx fee
    It's not a credit card. It's just a way to convert currency w/o a fee. https://wise.com/us/. Source: about 1 year ago
  • Renting an apartment without a US Bank account?
    Get a Wise account. Open one in your local currency, and one in US currency. I was doing that for the first few months. Source: over 1 year ago
  • My New Client Is Asking Me For My Bank Info
    I’ve used Wise for bank payments from international clients before: https://wise.com/us/ that way you’re not giving them your actual bank info but the process is similar on the client’s end. Source: over 1 year ago
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What are some alternatives?

When comparing Beneration and Wise, you can also consider the following products

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

ADP Workforce Now - ADP Workforce Now provides cloud-based software, expert support and predictive analytics for data-driven insights.

Zoho Invoice - 100% free online invoicing software for small businesses.

Zenefits - All-In-One Online HR: Payroll | Benefits | Compliance

The Invoice Machine - The Invoice Machine is an online invoicing service with a simple and elegant user interface.

BambooHR - Personalized HR software for SMBs