Business

Take Control of Your Business Finances

Markéta Fiala

23.07.23 (updated more than 1 year ago)

Read time 2 minutes

Using a Business account to manage your finances can be costly, time consuming and complex. This is especially true if you're expanding overseas, holding balances in multiple currencies or making it easy for customers to pay you wherever they are in the world.

That’s why we launched Wise Business - to make international finances fast, affordable, transparent and easy. We’re trusted by over 600,000+ businesses who use us to manage their global money.

We know that managing your business can get overwhelming at times, so we’ve picked out the top 3 features designed to help you take control of your business finances.

Let’s take a closer look.

Upgrade to get account details in 8+ major currencies

Receiving money from customers around the world usually requires you to set up a business bank account in the country you're operating in. But in-person account opening can involve plenty of time and piles of paperwork.

When you upgrade your Wise Business account, you can set up local account details and start receiving money, including high value transfers, from around the world, in 8+ major currencies including USD, CAD, EUR, GBP and more, for free.

You can pay invoices using your account details and get paid just like a local, with customers able to pay you in the currency of their choice.

You’ll also be notified in your Wise app as soon as the money lands in your account, ready to use to cover business expenses. Signing up to Wise Business allows access to BatchTransfer which you can use to pay multiple invoices in one go.

Find out more

Boost account security with tailored permissions

At Wise we understand that protecting your business funds and valuable data, not to mention effective delegation of tasks, are a key concern. So we built multi-user access to help you control who can access your account, authorise transactions and edit your Wise Business account data. We’ve created tailored permissions to assign the right responsibilities to team members.

Take control of your accounts with integrated software

As a Wise Business Account Owner, you can seamlessly integrate your account with leading accounting software programs including Xero and Quickbooks. These connections are designed to streamline financial administration and give you better control of your company's finances- as well as keep your accountant happy!

Here are some of the connections available for your Wise Business Account:

Xero

The Wise Business Account links easily with your Xero account and its integration gives you effective financial management. This allows you to bypass manual data entry and have the assurance that your book-keeping is up to date.

QuickBooks

Linking your Wise Business Account with QuickBooks is simple- giving you control over currency conversions and financial reporting. You can select which balances to sync and all new transactions will be automatically imported to QuickBooks on a daily basis, eliminating manual data entry and keeping your figures up-to-date.

Sage

You can also sync all of your Wise activity within Sage. Just select the Wise account balances you want to connect and they’ll appear with your Sage dashboard, so you can spend less time on book keeping and data entry and more time on growing your business.

Take charge of your business finances today with the Wise Business Account!

Do more with Wise Business

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.