Expense management is a business requirement, but it often takes a lot of time and energy. To save time and improve the productivity of your strategic finance teams, you can opt for Brex. This platform, designed for startups and small businesses, offers you the opportunity to manage all your expenses in one place. This unified system is very relevant to control your expenses and automate compliance faster. You can stay on top of everyone’s budget in real time, all over the world! All of your employees enjoy an efficient and pleasant experience. On your end, issue corporate cards, manage expenses and reimbursements, book travel for your employees and store money in a secure business account. The Brex platform integrates seamlessly into your workflow and connects with accounting tools and your ERP. Every user’s data and every financial transaction is safe from prying eyes. That’s because Brex has the highest level of security with 24/7 global fraud monitoring and a self-service privacy security center. No matter how complex your team of employees, you always have an eye on expenses, whether domestic or international. This makes your financial strategy more efficient and allows you to focus on what really matters: running your business on a daily basis.
Features
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Access instant credit
Get access to a flexible credit line that goes beyond traditional credit cards. Brex offers instant credit limits up to 75% of your account balance and doesn't require a personal guarantee or credit check. Plus, you can automate your payments and reconcile your statements with ease.
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Manage your subscriptions
Keep track of all your software subscriptions in one place and cancel unused ones with just one click. Brex will automatically identify and categorize them in your expenses dashboard, helping you save money and optimize your business spending.
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Maximize your rewards
With Brex, you can earn rewards on every business purchase you make, getting up to 8x points on categories like software, travel, and advertising. Redeem your rewards for statement credits, travel, or transfer them to your favorite airline or hotel loyalty program.
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Access comprehensive reports
Easily manage budgets, hiring plans, and financial models by performing financial planning with accurate data, comparing different scenarios, and tracking financial KPIs via interactive and user-friendly dashboards.
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Secure your data perfectly
The Brex platform has a very high level of security. It is SOC 2 certified, PCI DSS compliant and offers multi-factor authentication to ensure that all your data remains completely confidential and secure.
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Benefit from comprehensive support
At all times, the financial platform’s experts are with you. With a dedicated account specialist and customer success manager as well as 24/7 support, you have everything you need to stay on top of your business finances.
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Connect all your business tools
Integrate Brex into your workflow and connect your ERP software and compatibility tools like Quickbooks, Oracle Netsuite or Sage in seconds to significantly increase your performance by automating your accounting operations.
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Centralize your needs
Use a single financial platform for all your needs, whether it’s storing or transferring funds, managing expenses, sourcing and booking travel, sourcing financing, or automating invoice payment.
Pricing
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Premium
$12 / per month
- Custom expense policies- Automated approvals and budget tracking- In-app travel booking
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Essentials
$0 (Freemium)
- Free corporate cards for employees- Real-time expense tracking- Bill pay functionality
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Enterprise
Custom pricing
- Multi-currency support and global card issuance- Advanced compliance and reporting features- Unlimited policy customization
Pros and cons
Pros
- Dashboard: The interface is pleasant and intuitive and promotes productivity
- Support team: Brex customer support is excellent
- Software integrations: Integration with accounting tools is efficient
Cons
- Benefits program: Many benefits such as codes do not work
- Investment options: Limited number of robust financial products to generate returns
- Spending limits: Some users have experienced difficulties with the limits, resulting in payment denials