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Wise VS Effivity

Compare Wise VS Effivity and see what are their differences

Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Rating
0 reviews
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Alternatives Is it good?
Effivity

Effivity is the best cloud-based software for organizations implementing ISO 9001, ISO 14001, ISO 45001, ISO 27001, ISO 22000 and HACCP. Book a Free Demo now.

Rating
0 reviews
Pricing
Open source Paid Free trial $30 / Monthly
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Alternatives Is it good?
Invoice Crowd
Proposals, estimates, invoicing and accounting in one workspace for freelancers, agencies and small businesses. sponsored
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Wise seems to be more popular. It has been mentioned 24 times since March 2021.

social mentions
24 vs 0
Online Payments popularity
100% vs 0%
alternatives listed
240+ vs 34

Base details

Website, pricing, platforms and company facts side by side.

Wise
Effivity
Website wise.com effivity.com
Pricing —
Open source Paid Free trial $30 / Monthly Official pricing
Company Startup from the United Kingdom —
Listed in
Online Payments Money Transfer International Money Transfers Currency Exchange +1
Quality Management QMS Software HSE Software Food Safety Information Security Management Software +2

About Wise and Effivity

In their own words, as submitted to SaaSHub.

Wise
Effivity

No description of Wise yet.

Effivity is the best ISO, GRC & ESG automation software validated by users in 120+ countries for Quality - Occupational Health & Safety - Environment - Food Safety & Information Security Management System. Achieve 100% conformity with ISO 9001/14001/45001/22000/27001/HACCP standards...

Read more about Effivity

Features and specs

What each product offers, as listed by its team.

Wise 6 features
Effivity 17 features
  • Low Fees
    Wise offers competitive and transparent fees compared to traditional banks and many other money transfer services.
  • Real Exchange Rates
    Wise uses the mid-market exchange rate, meaning users get the real exchange rate without any hidden markups.
  • Fast Transfers
    Many transfers through Wise are processed quickly, often within a few hours or a day, depending on the destination country and payment method.
  • Multi-Currency Accounts
    Users can hold and manage money in multiple currencies with Wise's Borderless Account, making it easier for those who deal with international payments regularly.
  • Transparent Pricing
    Wise is upfront about their fees and the total cost of a transfer, so users know exactly how much they'll pay and how much the recipient will receive.
  • User-Friendly Interface
    Wise offers a clean and intuitive application and web interface, making it easy for users to navigate and complete transactions.

Possible disadvantages

  • Limited Customer Support
    Wise's customer support is primarily online, and some users report difficulties in reaching live assistance or having slow response times.
  • Transfer Limits
    There are limits on how much money can be transferred in a single transaction or over a period of time, which might be restrictive for some users.
  • Lack of Physical Locations
    Unlike traditional banks, Wise doesn't have physical branches, which can be an inconvenience for those who prefer in-person banking services.
  • Verification Process
    New users or those making large transfers may have to go through a lengthy verification process, which can delay the initial transaction.
  • Not Available in All Countries
    Wise does not operate in every country, limiting its accessibility for some users looking to send or receive international payments.
  • Occasional Delays
    While generally fast, some transfers may experience delays due to various factors, such as banking hours, holiday schedules, or compliance checks.
  • Audit
  • Business Process Management
  • Calibration Management
  • Compliance
  • Corrective and Preventive Action
  • Document Control
  • Document Management
  • EHS Management
  • Environmental
  • Food Traceability
  • Governance, Risk & Compliance (GRC)
  • Incident Management
  • Integrated Risk Management
  • Maintenance Management
  • Quality Management
  • Risk Management
  • Safety Management

Analysis

An editorial look at what each product does well and who it suits.

Wise
Effivity

Overall verdict

  • Overall, Wise is highly regarded as one of the top options for international money transfers. It is praised for its transparency, cost-effectiveness, and ease of use, making it a preferred choice for many users.

Why this product is good

  • Wise is considered a reliable and efficient service for international money transfers due to its transparent fee structure and competitive exchange rates. The platform uses a mid-market exchange rate with no hidden fees, making it a popular choice for individuals and businesses looking to transfer money across borders. Additionally, Wise is known for its user-friendly interface and fast transfer speeds.

Recommended for

  • Individuals needing to send money abroad frequently.
  • Expats living in foreign countries who need to transfer money to home accounts.
  • Freelancers and remote workers receiving payments from international clients.
  • Businesses conducting international transactions.

Overall verdict

  • Effivity is a solid, cloud-based and on-premise QMS/EHS/FSMS software solution that helps organizations implement and maintain ISO management systems efficiently, making it a good choice for businesses seeking to streamline compliance and quality management.

Why this product is good

  • Supports multiple ISO standards including ISO 9001, ISO 14001, ISO 45001, and ISO 22000, offering broad compliance coverage
  • Available in both cloud and on-premise deployment options to suit different organizational needs
  • Designed to simplify documentation, audits, and compliance processes, reducing manual effort
  • Offers automation of workflows, reporting, and record-keeping to improve efficiency
  • Generally affordable and scalable for small to large organizations
  • Provides good customer support and training resources to aid implementation

Recommended for

  • Organizations seeking ISO 9001, 14001, 45001, or 22000 certification or compliance
  • Quality, safety, and environmental management teams needing to streamline documentation and audits
  • Small to medium-sized businesses looking for cost-effective QMS/EHS software
  • Companies wanting to digitize and automate their management system processes
  • Businesses in manufacturing, healthcare, food, and service industries requiring regulatory compliance

Videos

Walkthroughs and reviews on video.

Wise 3 videos + Add
Effivity 4 videos + Add

TransferWise Review - 3 Must Knows (2020)

More videos

  • - TransferWise in detail
  • - Transferwise Review

Effivity QMS Software. QHSE Automation for ISO 9001 14001 45001 standards with QMS and HSE software.

More videos

  • - Effivity QMS Automation Software | Quality Management System Software
  • - New Features of Effivity Automation Software for ISO standards
  • - Customizable ISO 9001 QMS Software - Effivity

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Wise
Effivity
100% 100%
Online Payments
0% 0%
0% 0%
Information Security Management Software
100% 100%
100% 100%
Money Transfer
0% 0%
0% 0%
HSE Software
100% 100%

User comments

Share your experience with using Wise and Effivity. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Wise no reviews yet
Effivity no reviews yet

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We have no reviews of Effivity yet. Be the first one to post

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Wise 24 mentions
Effivity 0 mentions
  • 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... Source: over 3 years 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: over 3 years 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: over 3 years ago

View more

Tracking Effivity since Dec 2022.

Alternatives to Wise and Effivity

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

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