Airwallex vs Routable
global payouts head-to-head for ERP teams: evidenced capabilities, published pricing, and which ERPs each actually integrates with.
| Starting price | Freemium plus usage fees | Tiered subscription |
| Deployment | Cloud | — |
| Company size | SMB, Mid-market, Enterprise | Mid-market, Enterprise |
| Stated ERP integrations | NetSuite, Xero, QuickBooks | NetSuite, Sage Intacct, QuickBooks, Xero |
| Vendor | Airwallex | Routable |
Our take
Where Airwallex leads
- Stronger evidenced coverage on 9 of the 23 capabilities where they differ (led by multi-currency balance holding and local receiving / collection accounts).
Where Routable leads
- Stronger evidenced coverage on 14 of the 23 capabilities where they differ (led by bulk / csv batch payment uploads and tax form collection).
- Stated Sage Intacct integration the alternative doesn't list.
Where they differ
The 23 capabilities (of 37 in the global payouts taxonomy) where the evidence separates them, biggest gaps first. “Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
| Capability | ||
|---|---|---|
| Multi-currency balance holdingMulti-Currency Accounts & FX | Core strength Multi-currency balance holding with yield on USD | Not evidenced |
| Local receiving / collection accountsMulti-Currency Accounts & FX | Core strength Local bank details to receive in 20+ currencies | Not evidenced |
| Bulk / CSV batch payment uploadsMass Payouts & Batch Processing | Not evidenced | Core strength CSV bulk payment uploads |
| Tax form collectionRecipient & Vendor Management | Not evidenced | Core strength Domestic and international tax form collection (W-9, W-8) |
| Payee tax reporting & filingRecipient & Vendor Management | Not evidenced | Core strength 1099 and 1042 tax filing |
| Vendor compliance & fraud-mitigation checksRecipient & Vendor Management | Not evidenced | Core strength Vendor compliance and fraud-mitigation checks |
| Corporate / business card issuanceCards & Spend | Core strength Unlimited multi-currency corporate card issuance | Not evidenced |
| Configurable card spending controlsCards & Spend | Core strength Customizable card spending controls | Not evidenced |
| AI / OCR invoice captureAP / Invoice Automation | Not evidenced | Core strength AI-powered OCR invoice capture, bill created in ~30 seconds |
| Configurable approval workflowsAP / Invoice Automation | Not evidenced | Core strength Configurable role-based approval workflows |
| Accounting bank-feed syncAccounting & ERP Sync | Core strength Live bank feed into Xero, NetSuite and QuickBooks Online | Not evidenced |
| Automatic payment reference syncAccounting & ERP Sync | Not evidenced | Core strength Automatic sync of check numbers, ACH IDs, SWIFT IDs |
| Webhook / event notificationsPlatform & Developer Tools | Not evidenced | Core strength |
| Same-day / instant payment optionsGlobal Payment Coverage & Rails | Not evidenced | Supported Instant payment options |
| Spot currency conversionMulti-Currency Accounts & FX | Supported Transactional FX via API | Not evidenced |
| Transparent / interbank-rate pricingMulti-Currency Accounts & FX | Supported International transfers at interbank exchange rates | Not evidenced |
| Accounts receivable / invoicingAP / Invoice Automation | Supported Invoice generation, subscription and usage-based billing | Not evidenced |
| Security & compliance certificationsPlatform & Developer Tools | Supported Published security and compliance program | Not evidenced |
| Self-serve recipient / vendor onboardingRecipient & Vendor Management | Supported Programmatic connected-account onboarding for platforms | Core strength Branded vendor self-service onboarding |
| KYC / identity verificationRecipient & Vendor Management | Not evidenced | Partial Bank account ownership verification on higher tiers only |
| AML & sanctions screeningRecipient & Vendor Management | Not evidenced | Partial OFAC/sanctions monitoring on higher tiers only |
| Purchase order matchingAP / Invoice Automation | Supported Bill payment automation and purchase order management | Core strength |
| Multi-currency reconciliationAccounting & ERP Sync | Supported Custom accounting category mapping across currencies | Core strength Multi-currency sync in original or base currency |
Both grade identically on the other 14 capabilities — see each product's full profile: Airwallex, Routable.
Airwallex vs Routable — FAQs
Is Airwallex or Routable better for ERP integration?
Both state integrations with NetSuite, Xero, QuickBooks. Routable additionally lists Sage Intacct. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, Airwallex or Routable?
Neither publishes a list price — both quote. Ask each for the all-in first-year cost at your seat count, as one number, and compare those.
Get pricing for both
Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what Airwallex and Routable should each cost you — and whether a third option belongs on your shortlist.