Business International business

Does Nethris provide International Payroll services ? Here are some alternatives

Piyush Singh
Piyush Singh
14.12.23 (updated more than 1 year ago)
Read time 1 minute

If you’re a Canadian business expanding globally, efficient payroll management becomes a necessity. International payroll comes with a new set of challenges that businesses must face.

Nethris Payroll is a trusted, homegrown payroll solution for many businesses, offering comprehensive solutions for Canadian employees coast-to-coast. However, Nethris doesn’t currently extend to International payroll capabilities. We'll look at some alternatives such as Wise that can help you maintain solid footing in global arenas.

Table of contents

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Does Nethris support international payment processing?

Currently, Nethris focuses specifically on the Canadian market and doesn’t offer international payment processing services. Their established payroll solutions are tailored to the needs of Canadian businesses operating within Canada, and they specialize in compliance with Canadian-specific tax laws and contribution requirements.

For companies that are based in Canada that are planning to have employees abroad and expand their operations, you’ll need to collaborate with an additional payroll provider that specializes in international services. We’ll look at a few alternatives or supplemental providers.

Alternatives to Nethris Payroll

For businesses seeking different features or international capabilities, let’s check out some noteworthy alternatives to Nethris Payroll.

Sage business cloud accounting

Sage is a financial management and accounting solution ideal for independent contractors and small business owners. It offers features for invoicing, tracking expenses, and generating financial reports, while Nethris specializes more so in payroll processing and HR solutions.

Key features

  • Invoicing and billing
  • Expense tracking
  • Tax compliance
  • Financial reporting
  • Auto bank reconciliation
  • Multi-currency banking with the Plus plan

Fees

Sage operates on a monthly flat-fee structure with three tiered plans2

  • Start: CA$ 17/month
  • Standard: CA$ 39/month
  • Plus: CA$ 55/month

Sage Business Cloud accounting can be integrated into your services from the Wise app marketplace.

Quickbooks

QuickBooks is a widely used accounting software that you might have heard of. With cloud-based capabilities, the platform allows businesses to manage their finances, invoicing, payroll, and reporting all in one place.

Key features

  • Invoice customization and payment
  • Cash flow management
  • Time tracking and inventory management
  • Payroll processing with tax filing
  • Global accounting software capabilities with international GST & VAT tracking (Plus and Advanced plans)

Fees

QuickBooks operates on a monthly flat-fee structure with four tiered plans1

  • EasyStart: CA$ 24/month
  • Essentials: CA$ 48/month
  • Plus: CA$ 72/month
  • Advanced: CA$ 140/month

You can integrate Quickbooks, Xero Payments and other services into your business from the Wise app marketplace.

International payroll services with Wise

Wise is a global financial service platform tailored for businesses operating across borders. Rather than provide international capabilities on the side, the platform is perfect for companies of any size to easily manage payroll domestically and internationally in one place. It’s one account for businesses to send, spend, and receive money in multiple currencies at a fraction of the cost of banks, with transparent fees and mid-market exchange rates.

Key features

  • Multi-currency account
  • Batch payments
  • Debit card
  • Invoice payments
  • Integration with accounting software
  • API for businesses

Fees

After a one-time payment of 42 CAD, you’ll get access to a multicurrency account with local account details in 9+ currencies. Pay-as-you-go fees start at 0.43% for conversion and sending money but depend on the currency you’re dealing with.

Go beyond borders with Wise

Sources:

  1. Quickbooks
  2. Sage

Sources verified on 14 December 2023

*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.

Money without borders

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