Ally vs. Wise

Ally perfectly meets our needs for OKR management. My team uses it to ensure that we are making progress on our quarterly objectives and regularly check in—at minimum, once a week but often more frequently. The only misuses at my company are due to user error, notably when people incorrectly use it for task management rather than measurable goals.

Incentivized

For a small business looking to expand internationally, transferwise offers lower admin fee and no hidden fee which is very important. It also remove the hassle and headache of setting up accounts with the local banks. Other than the low fees, the best part is we can use transferwise safely with a peace of mind as it is being regulated by the MAS. Lastly, any small business can set up their transferwise account within minutes which is very convenient

Incentivized

• Visualizing the hierarchy and relationship between objectives and key results. The nesting and double alignment functionality are especially helpful, as they can't easily be expressed on, say, a simple worksheet or Confluence page.
• Reminding the team to make regular check-ins. What gets measured gets done. This prevents the common pitfall of setting goals and not revisiting them until the end of a project (when it is too late).
• Integration with external sources for automated check-ins. Why do this manually when it can happen behind the scenes?

Incentivized

• Quick - because funds are transferred domestically, even when going international, you don't have to wait long.
• Easy - the printout of what information I needed to give the sending bank was complete and easy to understand.
• Affordable - the fees on both ends were minimal.

Incentivized

• It would be great to have a direct integration to Sigma.
• Sometimes the UI is a little buggy/weird (e.g. re-ordering and adding objectives is not the easiest).

Incentivized

• For large money transfers, the tax is a bit expensive so it would be nice if that was adjusted or if there was some economy of scale.
• Ability to schedule recurring transfers could be useful.
• Be able to transfer money by using a mobile phone number, like with Mobile Pay or Bizum, when the sender and receiver of the money are in different countries.

Incentivized

We haven't really had to engage with TransferWise support. The platform is simple and easy to use.

Incentivized

Ally and Sigma are very different tools. However, they are both integral to my team's daily work and success. One of their common strengths is the responsiveness of their support team. I always feel that my questions are being answered in a clear and informed way. Another shared strength is the knowledge bases that these tools have built out, which is very helpful for onboarding and answering questions self-serve.

Incentivized

We considered PayPal payment, ACH bank transfer, and simply mailing a check. TransferWise's fees were much lower than PayPal and our bank. Postage might have been less than TransferWise's fee, but payment could have taken more than a week rather than hours (or days in the case of a new payee).

Incentivized

• It definitely helps the product team stay focused on the quarterly objective and not get distracted by other "noise."

Incentivized

• We can save around 5% on our transfer fees
• The online account management is easier than going into banks personally
• There's no negative impact...