Wise

Wise

Wise Payments
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About

Gusto is an all-in-one payroll, HR, and benefits platform designed to simplify workforce management for small and medium-sized businesses. It allows companies to run payroll quickly with just a few clicks while automatically handling tax filings and compliance requirements. The platform helps identify tax credits and savings opportunities, making it easier for businesses to reduce costs. Gusto also offers employee benefits management, including health insurance and financial benefits, at no additional administrative cost. Its hiring and onboarding tools streamline the process of attracting and integrating new employees. Businesses can track time, manage talent, and access valuable insights from a centralized system. Gusto is built to save time, with many users reporting significant reductions in payroll and compliance workload. Overall, it provides a comprehensive solution for managing employees efficiently and compliantly.

About

The only business account you need to go global. Everything you need to grow your business and operate internationally — without the high fees, hefty admin, and headache of a local bank. We safeguard your money in top financial institutions. We're an authorized financial services provider. Pay invoices with the real exchange rate in 70+ countries from your phone or app. 50% of payments are instant or arrive in an hour. All you need is your recipient’s bank details or email. They don’t need a Wise account to get paid. Save time and money on international payroll, employee reimbursements, or recurring payments. Pay up to 1,000 people in one click. Just upload a spreadsheet with details for each transfer and submit one payment. Add team members to your account to help with payments. All past payment info is saved for the future.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Gusto is ideal for small business owners, startups, and solopreneurs looking to streamline payroll, HR, and employee benefits management in one platform

Audience

Individuals and businesses

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$49/month
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 5.0 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.8 / 5
support 5.0 / 5

Reviews/Ratings

Overall 4.2 / 5
ease 4.8 / 5
features 4.2 / 5
design 4.4 / 5
support 4.6 / 5

Pros & Cons from Real Users

Pros

  • Simplifies payroll processing remarkably which is a huge time saver. Offers benefits management, time tracking, compliance help.
  • As a business owner, I used to dread having to do payroll for my employees. But Gusto makes it super easy. Once your employee has entered in the system and you have stated how they are getting paid i.e. hourly or salary, it's super easy to do payroll. I have been able to do payroll while on an airplane, during dinner and by the beach on my iPhone! I simply enter the total hours worked and it's done. It literally takes me seconds!
  • Very easy to use, and has many features. The app and website are both streamlined and intuitive to use.
  • I use Gusto as my payroll solution for my bookkeeping business. They have the best prices for the services provided. Their platform is easy to use and navigate, they offer benefits and HR solutions in addition to payroll, and they've automated new employee onboarding which means less work for me!
  • Gusto is an incredible product. Everything is easy to find. It's intuitive. Every bit of information I need is at my fingertips. Their support is responsive and kind. And there's even a cute little (seasonally decorated!) animated pig that trots across your screen while it loads!

Cons

  • It is a bit pricey, especially for small businesses or startups.
  • There are no cons. They provide in one platform within Gusto- worker's compensation services, health insurance (you don't have to look for plans) they help you narrow the best options for where you live, and offer 401K plan and so much more! Everything you need is all in one place and one log in!
  • No complaints so far! I don't have to use it very often, but when I do it's always very easy to accomplish the tasks I want.
  • I can't think of anything I don't like about Gusto. They are so easy to use and the customer service is responsive and helpful as well.
  • I would love to see Gusto expand benefits offerings to more states. Their service is so incredible that we would like to use them for more, but they don't offer benefits in our state.

Pros & Cons from Real Users

Pros

  • In our company, we constantly have some employees traveling to other countries in order to negotiate with more clients internationally, so using this platform from our company has meant a lot to be able to send payments instantly to other countries. The things that I liked the most about this platform were: 1- The first feature that stands out quite positively is that this platform allows for an immediate currency conversion, for example, if I have my national currency, I can convert it to any international currency and transfer it in seconds to any account located abroad, this function is the most important for us, since when our employees are outside the country, through Wise we can send them money when necessary, this function is impressive. 2- Another feature that I like about this platform is that the payments are completely secure, there is no way in which any type of intruder can access my account and use my funds, in addition, it is important to highlight that this platform has many verification and authentication methods, in this way no one will be able to access my account without me approving each login within it. 3- I also liked that this platform has a bank connection service, this function is also important, since we have been able to correctly connect to the company's bank account, and in this way we have been able to send money to different countries, when our employees travel, I love being able to link my bank account, but I also love linking other payment methods such as PayPal. 4- The system in general behaves excellently, since it allows payments to be made in a matter of seconds by simply entering an email address or a bank account from any country. Transfers are made in a matter of seconds, since it has an almost automated system. However, when you make many transfers at the same time, some of them will remain on hold for some time.
  • TransferWise is the essential platform for completing various online payments and converting currencies with ease. The things I liked about this platform were: 1- The main positive aspect that must be highlighted about this platform is that it has relatively low commissions for international transfers, you can transfer and convert your local currency to any other currency that exists in the world, you can convert the US dollar to the Canadian dollar In a few steps and paying you go to commissions. 2- The platform allows linking debit cards and credit cards, as well as linking international bank accounts to facilitate the conversion process, within this platform the currency conversion process is completely safe, since you only have to press a button to that the transaction is debited from your account and the conversion is made. 3- Another positive aspect is that this platform has no limit on the number of transactions or the amount of money that you can convert into any currency, having the account verified 100% within this platform, you can make the currency conversion whenever you want . 4- the process to verify a new account within this platform is completely simple and takes approximately five minutes, in addition, the platform does not request additional verifications when you link a new debit card or when you link a new bank account, this greatly speeds up the process money deposit and currency conversion.
  • Making payments online and sending money around the world has become a complicated task for some people, Wise is a concrete solution to develop a transfer and send money anywhere in the world in a matter of seconds, its stable rates of change and raise commissions helps you to send money without having to go through a complex protocol, it is a fairly stable platform that has an excellent application for mobile devices, so sending money to any person, colleague or client is already a simple task. There are currently several things that I have liked about this platform since I started using it, these are: 1.- Transfer Wise has a credit or debit card available to all users, you only have to pay approximately seven euros to buy that card and it will arrive at your destination address in a couple of business days. The availability of this card is what makes it incredible for everything that is available in more than 100 countries around the world, this helps you make payments from any location, it also allows you to withdraw money from any ATM around the world, it is It is incredible to have this card, and I recommend it for all types of users, it will greatly facilitate the payments you make anywhere. Also, you can link this card to Google Pay or Apple. 2.- I loved how low the commissions are within this international payment platform. In addition, to deposit the money within it you have several options available, you can link your bank account and make a direct deposit, you can use your credit card or you can make an online payment through another payment processor. One of the highest commissions currently is depositing with a credit card, since it is close to 1% commission for each transaction. However, the exchange rates of these platforms are quite stable which will help you to make a pretty good currency exchange. 3.- This platform is quite fluid when it comes to making and receiving all kinds of payments, I have noticed that I have sent money to my colleagues and family in just a couple of minutes, and the money does not arrive immediately. However, it is important to note that on some occasions when the system detects that you have made many payments simultaneously, you will have to wait one to two business days for this to be processed, because it detects it as suspicious activity and places a time of business days for them to be processed correctly. 4.- I love the way I can use this payment processor without having to use a monthly or annual subscription, the only thing I have to pay here are the commissions when I go to deposit the money and when I go to send money to a relative or acquaintance. Not having to pay any type of subscription helps me to save money in my Transfer Wise account without any problem, in addition, I have a large number of currencies available to me to store in my account, I can convert between those coins and leave the money stored there without paying any type of commission.
  • It is fairly simple and fast to transfer money. As far as I can understand for each currency you kind of have a virtual bank account at the country of the currency. You can make a record of the parties you send money and it's easier to send regular or frequent payments as such.
  • *Send to bank Account or cash pickup (depends on which destination country) *Receive in minutes *use debit card or *send through IBAN (will incur extra transaction fee for the bank transfer) *apply for a Wise debit card *online support in case of some transaction problem

Cons

  • During my experience, I have noticed the following negative things: 1- When I started using this platform for the first time, registration was simple, however, the identity verification process is quite late, when I have sent my identity information. The support team of this platform has taken approximately 48 hours to validate my documents, which seems to me to be a rather exaggerated time and this would be quite negative for those people who are looking to use an online payment platform, and do not want to wait so long for verification. 2- Another thing I didn't like about this platform is regarding the support team. On several occasions I have had several concerns about how to use the platform correctly or about a payment being withheld. However, the support team has taken a long time to give me a concrete response to my request. I consider that the software is generally quite good, however, it is essential that they improve the customer support system, since it takes a long time to give a concrete response to each problem.
  • The negative things that this platform has are: 1- The support of this platform takes a long time to answer new requirements, therefore, if there is a delay in any international transfer, you will have to contact by creating a new ticket, and you must wait more than 48 hours for this problem to be solved, really I do not recommend using the user support service at all, they take a long time to respond. 2- Another negative aspect is that this platform has problems when you make many transfers to the same account at the same time, for example, if you make more than three transfers at the same time for the same account, the referrals will take much longer, since on the platform, it verifies each of the references manually, and when it detects that you have done it at the same time, this greatly delays the process of international transfers.
  • The main problem that was not close to Wise is regarding the two step security, in noticed that when the security of the steps is not available, you can access the account using a code from your email, this has turned out to be a problem for me since on several occasions they have tried to hack my account. Previously, I have activated two-step security, but criminals have entered my Transfer Wise account by obtaining a code from my email which they had, which was a serious problem and a waste of money from what I had stored there. To counteract this, I would like the two-step security to be improved exponentially, to prevent all kinds of theft or loss of money and necessary. However, I must emphasize that this negative experience in October has not made me stop using this payment processor, I am satisfied with it and will continue to use it, I only hope that they improve security. Another negative thing about this payment processor is that there is no way to deposit money with a gift card or prepaid card, this has turned out to be a problem because sometimes I have some gift cards and I I would like to deposit that money into my Transfer Waze account for much freer use, it would be great to add this feature to allow for more deposits overall.
  • There are limits for individual accounts but better for business accounts. Fees are some times high. There are rules and limits you need to understand. There is no savings or investment accounts. Your money only sits there and does not earn anything to you and there are no rewards.
  • *2500€ debit card limit per transaction *exchange rate is a bit conservative *1% transaction fee

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Gusto
Founded: 2011
United States
gusto.com

Company Information

Wise Payments
Founded: 2011
United Kingdom
wise.com

Alternatives

Alternatives

Juni

Juni

Juni Technology AB
Warp

Warp

Warp.co

Categories

Categories

Benefits Administration Features

Claims Management
COBRA Administration
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
Flexible Spending Accounts
FMLA Administration
For Brokers
For Employers
FSA Administration
Health Insurance Administration
HIPAA Compliant
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

Human Resources Features

360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management

Payroll Features

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

Time Tracking Features

Automatic Time Capture
Billable & Non-Billable Hours
Billing & Invoicing
Employee Database
Expense Tracking
Mobile Time Tracking
Multiple Billing Rates
Offline Time Tracking
Online Time Tracking
Overtime Calculation
Time per Project Reporting
Timesheet Management
Vacation / Leave Tracking

Payment Gateways Features

ACH / eCheck support
Buyer Authentication
Credit / Debit Support
Customer Information Storage
Fraud Prevention
Invoicing
Multi-Currency
PCI Compliance
Point-of-Sale (POS)
Recurring Billing / Subscriptions
Reporting / Analytics

Integrations

Firstbase
Hubstaff
Motileo
Ravio
Shift
CleanCloud
ClickCease
Comprehensive
Expensify
Gatheround
Kintsugi
MomentPath
OVVI POS
Pipefy
Productive
Time Tracker by eBillity
Torpago
WebWork Time Tracker
When I Work
WorkMotion

Integrations

Firstbase
Hubstaff
Motileo
Ravio
Shift
CleanCloud
ClickCease
Comprehensive
Expensify
Gatheround
Kintsugi
MomentPath
OVVI POS
Pipefy
Productive
Time Tracker by eBillity
Torpago
WebWork Time Tracker
When I Work
WorkMotion
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Claim Gusto and update features and information
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