Airwallex
Airwallex is a global financial platform providing businesses with multi-currency accounts, international money transfers, corporate cards, and online payment acceptance to simplify cross-border transactions and financial operations.
Unit4
Unit4 provides an integrated enterprise resource planning platform designed specifically for people-centric organizations to streamline financial management, human resources, project planning, and operational analysis within a single unified system.
Quick Comparison
| Feature | Airwallex | Unit4 |
|---|---|---|
| Website | airwallex.com | unit4.com |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2015 | 1980 |
| Headquarters | Melbourne, Australia | Utrecht, Netherlands |
Overview
Airwallex
Airwallex is a comprehensive financial platform designed to help you manage global business operations without the high fees of traditional banks. You can open local currency accounts in minutes, allowing you to receive, hold, and settle funds in over 11 currencies like a local. This eliminates unnecessary conversion costs and speeds up your international cash flow.
The platform also enables you to issue virtual and physical corporate cards for your team, providing real-time visibility into global spending. You can integrate your existing tech stack with their robust API to automate high-volume payouts and reconcile transactions directly with your accounting software. It is built for modern businesses, from startups to large enterprises, looking to scale globally with ease.
Unit4
Unit4 provides a comprehensive enterprise resource planning (ERP) solution built specifically for service-oriented organizations. You can manage your entire business lifecycle—from financial accounting and human resources to project management and procurement—within a single, integrated environment. By focusing on people-centric industries like professional services, non-profits, and higher education, the platform helps you automate back-office tasks so your team can focus on high-value work.
You can gain real-time visibility into your project margins, resource utilization, and global financial health through intuitive dashboards. The software adapts to your changing organizational structures without requiring heavy IT intervention, allowing you to scale operations or enter new markets quickly. It solves the common problem of fragmented data by housing your most critical business functions in one place.
Overview
Airwallex Features
- Global Accounts Open local bank accounts in seconds to collect and hold multiple currencies without paying high conversion fees.
- International Transfers Send money to over 150 countries with transparent, market-leading FX rates that beat traditional banking costs.
- Borderless Cards Issue multi-currency corporate cards to your team instantly and manage global business expenses in real-time.
- Online Payments Accept payments from customers worldwide using local methods and settle directly into your multi-currency wallet.
- Bill Pay Upload and pay your international invoices in bulk to save time and reduce manual data entry errors.
- Accounting Sync Connect your accounts directly to Xero, NetSuite, or QuickBooks to automate your monthly bookkeeping and reconciliation.
Unit4 Features
- Financial Management. Control your entire accounting cycle and automate complex financial reporting to ensure global compliance and accuracy.
- Human Capital Management. Manage your entire employee lifecycle from recruitment to retirement while tracking performance and professional development.
- Project Costing. Track project expenses and time in real-time so you can stay on budget and maximize your billable hours.
- FP&A Planning. Create integrated budgets and forecasts using historical data to predict future trends and make smarter business decisions.
- Procurement Automation. Streamline your purchasing workflows and manage supplier relationships to reduce spending and improve supply chain transparency.
- Wanda Digital Assistant. Interact with your ERP using natural language to complete tasks like submitting timesheets or checking leave balances.
Pricing Comparison
Airwallex Pricing
- No monthly account fees
- Local accounts in 11+ currencies
- Unlimited virtual employee cards
- Batch payment capabilities
- Xero and QuickBooks integration
- Everything in Standard, plus:
- Custom FX margin pricing
- Dedicated account management
- High-volume payout API
- Customized onboarding support
- Advanced security configurations
Unit4 Pricing
Pros & Cons
Airwallex
Pros
- Significant savings on international currency exchange rates
- Fast account setup compared to traditional banks
- User-friendly interface for managing multiple currencies
- Seamless integration with popular accounting software
- Instant issuance of virtual corporate cards
Cons
- Customer support response times can vary
- Verification process can be strict for some
- Limited physical branch access for cash deposits
Unit4
Pros
- Highly flexible architecture adapts to organizational changes
- Strong focus on the needs of service-based industries
- Intuitive user interface compared to traditional ERP systems
- Excellent multi-currency and global financial management capabilities
Cons
- Initial implementation process can be long and complex
- Reporting tools require a learning curve for advanced users
- Mobile application functionality is limited compared to desktop