TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Deel

    Score7.7 out of 10
    N/ADeel is a global payroll solution from the company of the same name in San Francisco.

    $5

    per month per employee

    Wise

    Score9.5 out of 10
    N/AWise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.

    $0.41

    one-time fee

    Pricing
    DeelWise
    Editions & Modules
    Deel HRIS
    $5
    per month per employee
    Deel Compensation
    $15
    per month per employee
    Deel Workforce Planning
    $18
    per month per employee
    Deel Engage
    $20
    per month per employee
    Deel Global Payroll
    $29
    per month per employee
    Deel Contractor
    $49
    per month per contractor
    Deel EOR
    $599
    per month per employee
    Deel PEO
    Contact Sales
    (free for up to 3 months)
    ATM Fees over 100 USD per month
    2%
    One time/%
    Accounting Funding transactions
    2%
    One time/%
    Receiving USD wire payments
    4.14 USD
    One time/%
    Getting the Wise Debit card
    5 USD
    One time/%
    Getting account details in 10 currencies
    31 USD
    One time/%
    Sending money
    From 0.41%
    One time/%
    Converting money
    From 0.41%
    One time/%
    Offerings
    Pricing Offerings
    DeelWise
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    DeelWise
    Considered Both Products
    Deel, Inc
    No answer on this topic
    Wise (formerly TransferWise)
    No answer on this topic
    Key User Insights
    Would buy again
    88%
    Would buy again
    7 Answers
    96%
    Would buy again
    22 Answers
    Delivers good value for the price
    86%
    Delivers good value for the price
    6 Answers
    96%
    Delivers good value for the price
    22 Answers
    Happy with the feature set
    88%
    Happy with the feature set
    7 Answers
    96%
    Happy with the feature set
    22 Answers
    Lived up to sales and marketing promises
    86%
    Lived up to sales and marketing promises
    6 Answers
    89%
    Lived up to sales and marketing promises
    17 Answers
    Implementation went as expected
    86%
    Implementation went as expected
    6 Answers
    100%
    Implementation went as expected
    18 Answers
    User Ratings
    DeelWise
    Likelihood to Recommend
    1.1
    (5 ratings)
    9.0
    (24 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    DeelWise
    Likelihood to Recommend
    Deel, Inc
    As a freelancer with previous and current international contracts, I was signing compliance contracts and receiving international payments with so much hassle. When the company changed to Deel, it was just a matter of three clicks to be able to sign contracts and files. I received my invoices in minutes, and the payment had a DATE!
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    For a small business looking to expand internationally, transferwise offers lower admin fee and no hidden fee which is very important. It also remove the hassle and headache of setting up accounts with the local banks. Other than the low fees, the best part is we can use transferwise safely with a peace of mind as it is being regulated by the MAS. Lastly, any small business can set up their transferwise account within minutes which is very convenient
    Incentivized
    Read full review
    Pros
    Deel, Inc
    • Provides a easy, transparent and fast way to receive money from abroad.
    • Makes it easy to maintain compliance in international contracts.
    • Low cost, easy and fast currency conversion from USD to my local currency.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • Quick - because funds are transferred domestically, even when going international, you don't have to wait long.
    • Easy - the printout of what information I needed to give the sending bank was complete and easy to understand.
    • Affordable - the fees on both ends were minimal.
    Incentivized
    Read full review
    Cons
    Deel, Inc
    • The conversion rates are a little bit high
    • Customer service has its delays and it's sometimes just slow
    • Feels a bit rigid with agreements customization
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • For large money transfers, the tax is a bit expensive so it would be nice if that was adjusted or if there was some economy of scale.
    • Ability to schedule recurring transfers could be useful.
    • Be able to transfer money by using a mobile phone number, like with Mobile Pay or Bizum, when the sender and receiver of the money are in different countries.
    Incentivized
    Read full review
    Likelihood to Renew
    Deel, Inc
    We have been using this software for the last two years in the company of the a.m. Right now, I am part of the admin team for this software, so just being able to have a 1:1 usage of the software has helped me to realize how many aspects any other saw HR tool are lacking.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    No answers on this topic
    Usability
    Deel, Inc
    I find Deel great for safety, privacy, security, and reliability. However, the UX is not always easy to navigate, which can hinder use. They do have great support, but it’s needed because the analytics and reporting are not perfect. I have not heard too many complaints, though.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    No answers on this topic
    Support Rating
    Deel, Inc
    No answers on this topic
    Wise (formerly TransferWise)
    We haven't really had to engage with TransferWise support. The platform is simple and easy to use.
    Incentivized
    Read full review
    Alternatives Considered
    Deel, Inc
    We moved from Globalization Partners (GP) to Deel because we needed an Employer of Record solution with a much more scalable pricing and service model. GP's platform is clunky - we often can't get the right access to what we need, employees have trouble finding what they need and it results in having to submit a support ticket. Deel is much more intuitive - it puts everything at employees' fingertips and makes things much more self-service. Permission profiles are easy to set up and manage, and we're able to access all of the data we need when we need it
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    We considered PayPal payment, ACH bank transfer, and simply mailing a check. TransferWise's fees were much lower than PayPal and our bank. Postage might have been less than TransferWise's fee, but payment could have taken more than a week rather than hours (or days in the case of a new payee).
    Incentivized
    Read full review
    Return on Investment
    Deel, Inc
    • Very positive, has saved me days of legal and admin work.
    • Made us globally compliant and has allowed us to hire in all jurisdictions without having to worry about legal implications.
    • Allows us to scale the company easily, hire from all over the world, and provide a fast and easy solution for payments.
    • Contractors are also extremely happy with Deel as they receive the payment quickly, are [able] to submit expenses easily, and it's all automated.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • We can save around 5% on our transfer fees
    • The online account management is easier than going into banks personally
    • There's no negative impact...
    Read full review
    ScreenShots

    Deel Screenshots

    Screenshot of Deel EOR Employee DashboardScreenshot of Deel Global Payroll - Payroll SubmitScreenshot of Deel Global Payroll OverviewScreenshot of Deel People ListScreenshot of Deel HR WorkflowsScreenshot of Deel Integrations