NexusPayables vs. Payoneer

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NexusPayables
Score 8.3 out of 10
N/A
NexusPayables is accounts payable automation software from Nexus Systems. It includes on-site purchasing, POs, approval workflows, invoice data capture, budgets and actuals, vendor compliance, reporting, and it integrates with the user's GL accounting system.N/A
Payoneer
Score 1.5 out of 10
N/A
Payoneer headquartered in New York offers a global payment solution enabling business to manage international payments, bill or request payments from clients, receive payments through popular marketplaces, and pay freelance workers no matter where they are.N/A
Pricing
NexusPayablesPayoneer
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NexusPayablesPayoneer
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
NexusPayablesPayoneer
Top Pros

No answers on this topic

Top Cons
Features
NexusPayablesPayoneer
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
NexusPayables
-
Ratings
Payoneer
1.5
9 Ratings
126% below category average
Fraud Detection00 Ratings3.48 Ratings
API or SDK00 Ratings1.04 Ratings
Recurring Payment Support00 Ratings1.26 Ratings
Billing and Invoicing Support00 Ratings1.09 Ratings
Global Support00 Ratings1.29 Ratings
Payment Form Acceptance00 Ratings1.38 Ratings
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NexusPayablesPayoneer
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User Ratings
NexusPayablesPayoneer
Likelihood to Recommend
5.0
(1 ratings)
1.2
(30 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Support Rating
6.0
(1 ratings)
1.0
(2 ratings)
User Testimonials
NexusPayablesPayoneer
Likelihood to Recommend
Nexus Systems
NexusPayables is well suited for your invoice tracking and payments, especially for medium to large businesses. I would not recommend for smaller companies because I don't see the value for them. Once trained, the system is useful. However, the user interface is confusing without proper training and is not user-friendly. I highly suggest businesses invest in a specific set of people to be trained so that they can teach others to use the program.
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Payoneer
Although the withdrawal is limited to the ACH US accounts, as they aren't real bank accounts, it's a convenient way to get paid fast from Stripe, although if there is a small fee or a chargeback as these are way in payments only, it becomes a nightmare to fix those problems. It does allow the bank accounts to be accepted with Stripe. For any kind of ACH payment to vendors, the service is way too limited, I wasn't able to pay anyone, unless I use the card to do it, as any regular card. In my experience, I think Import export, international trade transactions or high ticket items are impossible due to the small upper limits, for instance I can't use it to pay a vendor for a regular inventory of the latest iPhones(more than a million dollars for just a few items), nor to get paid by an overseas buyer(for instance my clients in Dubai), that buy these items on a daily basis, for these operations is just not suited.
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Pros
Nexus Systems
  • Invoice Tracking
  • Invoice review
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Payoneer
  • It is very well accepted world wide and also accepts more than 150 currencies.
  • A decent and nominal exchange rates of currency as compared to similar platforms like PayPal.
  • I can keep track of all the transactions, payments, balance, etc using Payoneer.
  • It is because of Payoneer we can grow our business globally.
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Cons
Nexus Systems
  • Not very user-friendly
  • Not intuitive
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Payoneer
  • The process of getting payment is a little bit complex in Payoneer as compared to PayPal.
  • Receiving of payments takes a very long time and it's not instant.
  • The customer service of Payoneer is not up to the mark and it takes a very long time to resolve simple issues.
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Likelihood to Renew
Nexus Systems
No answers on this topic
Payoneer
Payoneer helps me a lot on my online business journey, it gave me the support and functions that I want.
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Support Rating
Nexus Systems
NexusPayables FAQ and Help sections are not extraordinarily helpful. They will answer some questions, but most often, I have to bother my accounting co-workers because of the way the system is set up NexusPayables themselves can't help me most of the time. They tell me to refer to the program administrator.
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Payoneer
The support is really awful. They send you generic answers, and actually don't really understand what is going on. For example, when our re-verification was stuck, support agents told me that the account is active and you can send a payment. I did that, my card was charged, but the payment was declined, because the account was not active
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Alternatives Considered
Nexus Systems
Our company uses both at the moment, and I find that Concur Invoice is a much more user-friendly interface that is easy to use, easy to navigate, and extremely efficient. Unfortunately, we only use Concur Invoice for personal expenses and company credit card reconciliations at the moment, which is why we use NexusPayables for vendors.
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Payoneer
Payoneer has outperformed them all, with speedier payments, a larger network, and international business accounts. We first tried a few different payment service providers before settling on this one, like PayPal, Payeer, and Skrill. But after all these years, Payoneer continues to provide us with the best services, features, and safety overall.
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Return on Investment
Nexus Systems
  • Tracking of income
  • Tracking of profit
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Payoneer
  • I can receive the money from anywhere around the world, and in any currency.
  • It converts the money directly into my local currency, hence becomes easy for us to track and withdraw money from our bank accounts.
  • Sometimes customer support lacks the ability to satisfy the customer requirements.
  • Required to make two different accounts for receiving and sending money.
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