Airwallex vs Expensify: An expense management platform that helps your business do more
Streamline your global expenses, manage employee spend, and do more with Airwallex’s end-to-end financial platform. Compared to Expensify, Airwallex offers New Zealand businesses competitive pricing, virtual and physical multi-currency cards with fee-free international spend, and powerful spend tools that give you full control.
3 reasons why businesses choose Airwallex over Expensify
Global coverage and smart spending
Grow and spend without borders with multi-currency cards that are free to create and can be used instantly. Spend in multiple currencies from held balances and save with 0% international fees. Consolidate team expenses onto a shared card for a smarter way to manage spend.
Invoicing, Bill Pay, and cards
With Airwallex, you can issue your team virtual and physical cards with smart spend controls that you can manage within the same platform as their expenses. Pay invoices and bills – features Expensify doesn’t offer in New Zealand – and automate manual processes with the support of AI.
An all-in-one financial platform
On top of expense management, Airwallex also offers FX and transfer solutions, multi-currency accounts, payment acceptance, and yield on your idle funds. You can manage your entire financial operation in one place.
Go further and gain full control over spend with Airwallex
The biggest difference between Airwallex and Expensify is our all-in-one platform that provides global accounts, multi-currency cards, and tools designed to support your business growth. While Expensify is a standalone expense tool, Airwallex is an operating system for your entire finance stack.
Save on your global expenses with Airwallex
If you have global suppliers or a global team, you can save more with Airwallex. We help you avoid the high FX markups and international fees often associated with traditional spend.
What local businesses are saying about Airwallex
"Airwallex Bill Pay has given us better control over our finances, and has helped us roll up important strategic budgeting and forecasting capabilities. It’s also improved our relationship with our suppliers, because we now never miss a beat with paying them on time."
Joel Stehr
Chief Operating Officer, Bilue
"One thing we like about Airwallex, which differentiates it from other providers out there, is the team card approach as well as the individual cards. It’s a massive time saver too - to the point that we just wouldn't use a solution that didn't have an integration with Xero, just due to the volume of transactions and manual work that would be required otherwise. It's amazing.”
Georgia Burns
Strategic Finance Director, Auror
"It’s definitely time saving, from mine and our Head of P&C’s perspective as people that prepare payroll are not having to granularly look through each expense item line. The users have taken to it like a duck to water. It's not a difficult system to use. Sometimes people are like ‘oh, another system, another app to download.’ But it wasn’t arduous at all. Once you download the app, it's very straightforward. There's really been no push back whatsoever from anyone because I think people immediately get the buy in.”
Alec Alltimes
APAC Finance Director, Commission Factory
Frequently asked questions
How much are Expensify fees in New Zealand?
Expensify typically scales its pricing on a per-member basis. The Collect plan starts at NZ$9 per active member per month, while more advanced Control plans are NZ$32 per member per month.
Does Expensify offer corporate cards in New Zealand?
No, Expensify does not currently offer a Corporate Card in New Zealand. While Expensify has an Expensify Card, it is currently US-issued. Most Kiwi businesses use the "Bring Your Own Card" feature to connect their existing bank feeds. In contrast, Airwallex issues local multi-currency Visa corporate cards directly to New Zealand businesses.
What alternative solutions to Expensify are there?
There are several alternatives to Expensify in New Zealand, including Xero, Zoho Expense, and SAP Concur. However, Airwallex stands out for its end-to-end solutions, including multi-currency support, fee-free international card spend, and an integrated FX and payout engine.
Who can open an Airwallex account in New Zealand?
Most New Zealand businesses are eligible. You will need an active NZBN, a valid ID for all directors or owners, and basic business registration documents.
How can an Airwallex account help me save?
Airwallex helps you save by eliminating the 3% international transaction fees often charged by banks on card spend. You also get access to interbank FX rates for transfers, which can be significantly cheaper than traditional providers.
Sign up online, or get in touch with us today
The information in this article is based on our own online research. Airwallex was not able to manually test each tool or provider. The information is provided for educational purposes only and a reader should consider the specific requirements of their business when evaluating providers. This research is reviewed annually. If you would like to request an update, feel free to contact us at [[email protected]].
This case study is provided for informational purposes only and should not be construed as an endorsement or guarantee of results. The experiences and outcomes described may not be representative of all clients or experiences. Airwallex (New Zealand) Limited is registered with the New Zealand Financial Service Provider Register (FSP No. 1001602) to provide a range of financial services in New Zealand.
Airwallex (New Zealand) Limited is registered with the New Zealand Financial Service Provider Register (FSP No. 1001602) to provide a range of financial services in New Zealand.