Lexware Office vs Wise Business Comparison
Compare Lexware Office vs Wise Business features, pricing, and more.
Last updated: November 2026
Lexware Office
6.7/10
A German cloud tool for bookkeeping, invoicing, receipt capture, VAT filing and optional payroll, made for freelancers and small businesses.
Wise Business
6.3/10
Wise Business is a multi-currency business account for sending, receiving, holding and converting money internationally, with team cards, batch payments and invoicing.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.7/10 | 6.3/10 |
| Analytics | 4/10 | 3/10 |
| Compliance | 8/10 | 6/10 |
| Cost | 8/10 | 8/10 |
| Customization | 4/10 | 4/10 |
| Ease of Use | 8/10 | 8/10 |
| Integration | 7/10 | 6/10 |
| Scalability | 4/10 | 6/10 |
| Security | 7/10 | 7/10 |
| Support | 6/10 | 5/10 |
| Pricing | ||
| Free plan | No | No |
| Cheapest paid plan | €8/mo S | Contact for pricing |
| Estimated cost for 10 users | €8/mo S | Free Wise Business (US) |
| Features | ||
| Financial Reporting | ||
| General Ledger | ||
| Multi-currency | ||
| Payroll | ||
| Invoicing | ||
| Online Payments | ||
| Accountant Access | Not listed | |
| Bank Reconciliation | Not listed | |
| Corporate Cards | Not listed | |
| Expense Management | Not listed | |
| Inventory Accounting | Not listed | |
| Multi-entity Consolidation | Not listed | |
| Tax Compliance | Not listed | |
Lexware Office vs Wise Business cost by team size
| Team size | Lexware Office | Wise Business |
|---|---|---|
| 1 user | €8/moS | FreeWise Business (US) |
| 5 users | €8/moS | FreeWise Business (US) |
| 10 users | €8/moS | FreeWise Business (US) |
| 25 users | €8/moS | FreeWise Business (US) |
| 50 users | €8/moS | FreeWise Business (US) |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Lexware Office
- Higher Compliance score (8/10 vs 6/10)
- Higher Analytics score (4/10 vs 3/10)
- Includes Financial Reporting, which Wise Business lacks
- Includes General Ledger, which Wise Business lacks
- Includes Payroll, which Wise Business lacks
Why choose Wise Business
- Higher Scalability score (6/10 vs 4/10)
- Better fit for enterprise (4/10 vs 2/10)
- Includes Multi-currency, which Lexware Office lacks
Pros & Cons
Lexware Office
Pros
- Users on OMR Reviews and testers on Experte.de describe receipt scanning and bank matching as fast and easy to set up.
- Creates ZUGFeRD and XRechnung e-invoices and files VAT returns directly to ELSTER.
- Every plan can be cancelled monthly, and users are unlimited according to Für-Gründer.
- Tax advisor access and DATEV export make it easy to hand the books to an accountant.
- An optional payroll add-on handles social security and tax filings for up to 50 employees.
Cons
- Invoices can only be issued in euros.
- Cannot manage several companies, and has no approval workflow and no cost-centre reporting.
- Bookkeeping and VAT returns need the L plan, and recurring features need higher tiers.
- Users report bank connections that drop and support that is hard to reach by phone.
- There is no postal invoice sending and no built-in time tracking.
Wise Business
Pros
- Conversions use the mid-market rate with fees from 0.23%, often cheaper than banks for international payments.
- There is no monthly fee, only a one-time setup fee of 31 USD in the US.
- Batch payments can pay up to 1,000 recipients in one action, which helps companies paying contractors abroad.
- Local receiving details in 22 currencies let foreign clients pay domestically.
- Team cards come with custom spending permissions.
Cons
- It is not an accounting system and has no ledger, payroll or financial statements.
- Wise is not a bank: it offers no loans, and balances are safeguarded rather than deposit-insured by default.
- Users report delayed or frozen transactions and support that can be slow or hard to reach.
- Incoming SWIFT payments in USD, GBP and EUR carry per-payment fees.
- Feature availability, including cards, varies by country.
Not sold on either?
Frequently Asked Questions
Lexware Office scores higher on our Finance Software criteria: 6.7/10 against 6.3/10 for Wise Business. The largest gap is in Compliance: 8/10 for Lexware Office and 6/10 for Wise Business.
No, neither Lexware Office nor Wise Business lists a free plan.
Wise Business is the better fit for enterprise: we rate it 4/10 for them, against 2/10 for Lexware Office.
Lexware Office has Financial Reporting, General Ledger and Payroll, which Wise Business lacks. Wise Business has Multi-currency, which Lexware Office lacks.
