Software Alternatives, Accelerators & Startups

SoftCo VS Wise

Compare SoftCo VS Wise and see what are their differences

SoftCo logo SoftCo

SoftCo's P2P and Compliance solutions enables organizations to fully automate their Procure-to-Pay and Accounts Payable processes faster and easier than ever before.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • SoftCo Landing page
    Landing page //
    2018-10-11

SoftCo is a global organization that specializes in delivering powerful and innovative financial process automation solutions. Our comprehensive suite of technologies enables organizations to increase productivity, reduce costs, and meet compliance obligations effectively. By automating key processes such as Procure-to-Pay, Accounts Payable, Payments, Vendor Management, and Contract Management, SoftCo ensures streamlined operations on a common platform. This allows our customers to seamlessly expand and grow within the SoftCo ecosystem.

With 1 million business users worldwide spanning across all industry sectors, SoftCo’s DNA lies in Procure-to-Pay expertise. We build our smart technology with this domain knowledge delivering fast, straight through and touchless processing. We are committed to understanding our customers’ unique business challenges and deliver solutions that go beyond their expectations. We are proud that all our projects are successful and that our market-leading technology provides our customers with the highest levels of Touchless Invoice processing resulting in the greatest cost savings.

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

SoftCo videos

Accounts Payable (AP Automation) Customer Review

More videos:

  • Review - Introduction to Basware AP Automation
  • Review - Webinar AP Automation A Review of the Benefits and Functionality
  • Review - Sunny Delight Beverages Co. Automating Accounts Payable with SoftCo
  • Review - SoftCo Supplier Management Webinar: Onboard, Manage, and Optimize Suppliers to Control Spend
  • Review - SoftCo Foundation Charity Day with Dan Carter and Ronan O'Gara

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to SoftCo and Wise)
Accounting
100 100%
0% 0
Online Payments
0 0%
100% 100
ERP
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 SoftCo and Wise

SoftCo Reviews

We have no reviews of SoftCo 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.

SoftCo mentions (0)

We have not tracked any mentions of SoftCo yet. Tracking of SoftCo recommendations started around Mar 2021.

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: 11 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: 12 months 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 SoftCo and Wise, you can also consider the following products

Basware - Basware is an all-in-one Billing, and Invoicing Solution that offers scale and reaches for organizations of all sizes allows them to grow their business and unlock values across their operations by simplifying and streamlining financial processes.

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

Coupa - Coupa is a cloud-based suite of financial applications providing spend management solutions to companies.

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

Odoo - An all-integrated business app suite to unleash your growth potential.

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