Brex vs. Deluxe Payment Exchange+

Very well suited for founders who are building companies in the US but are not US citizens. Works like a charm for start-ups who are looking for a cutting-edge product and not an outdated bank! Small-medium teams. Not well suited for those who are used to traditional banking and prefer in-person interaction or over the phone.

Incentivized

Deluxe works great for us as we have a decent number of payments that go through them. I believe it would not be efficient for a smaller company who did not receive a lot of checks or electronic payments. Our volume warrants outsourcing of payment processing as it saves us a lot of time in-house. I would weigh the costs of the service against the time and payroll it costs your company.

Incentivized

• Rewards - The rewards were the main reason for us switching. Our previous card provider did not have a good rewards program.
• User Interface and experience - When a charge is recorded on the Brex card, users immediately receive a text notification asking them to send a picture of their receipt. Brex automatically attaches the receipts to the charge which has saved our users a significant amount of time.

Incentivized

• allows check signors to sign checks when they are traveling
• allows vendors to received payment same day
• eliminates the need to mail payments via snail mail

Incentivized

• It can be somewhat confusing to transfer money between the credit card and bank side
• More help identifying areas of overspending
• More help tracking spending around specific accounts

Incentivized

• the ability to set up multiple check signatures depending on who is signing the check
• Deluxe Payment Exchange+ to sell check blanks that we could use if we want to have the check emailed back to the company and print out a paper check
• More space on payee line

Incentivized

It has worked well for us for at least 5 years so I would anticipate us keeping Brex

Incentivized

The usability is pretty great. I love the UI / UX for uploading the Memo; at times, I do not even need to be inside the platform. I simply use Slack.

Incentivized

It is more useful for large companies who have to make payments on large scale. The reason for less rating is because it is not useful for business who have less volume as the Deluxe Payment Exchange+ software needs customized setup required which can be less flexible and costlier to smaller organizations. The software can be improved and available at less cost to businesses who have less transactions.

Incentivized

Prompt and always extremely fast to respond. I also think the intuitiveness of their solution negates the need for much support

NA-I wasn't part of the set up process for Brex

Incentivized

Divvy allows you to get hyper focused in on how much individuals are allowed to spend. Honestly it is comparable to Brex, but is more well suited for micromanaging organizational spend. Brex is good because I am able to give my employees limits that match our budgets and I don't care about micromanaging their spend.

Incentivized

It was used as an alternate app as it user friendly and has similar cost compared to Plooto. Also it offers most of the features that Plooto is offering. But Plooto is useful for small businesses which Deluxe Payment Exchange+ is missing the needs of organizations with less transactions.

Incentivized

NA-I wasn't part of the set up process for Brex

Incentivized

NA- I don't use Brex in a way that I know how to comment on this

Incentivized

NA-I wasn't part of the set up process for Brex

Incentivized

• No fee wire transfer.
• Net 60 credit card terms is good for our cashflow.
• Fast and easy employee credit cards saves us time.

Incentivized

• It's allowed company growth with the need for extra accounts staff
• Allowed for easier payment management on the go
• Gone a good way to pay for itself on extra staff and resources not needed

Incentivized