Brex vs. Motus

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 Works like a charm for start-ups who are looking for a cutting-edge product and not an outdated bank!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

I would recommend Motus to anyone processing a FAVR program currently. A tax-compliant system results in a saving for the company that can be passed along to the individual. The higher the effective tax rate for the individual, the greater opportunity for tax-loss savings. As a company, we made our policy more stringent but also increased employee gross pay while reducing employee cost.

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

• Saves time by automatically tracking mileage for me.
• Easily submit mileage at the end of the month.
• Easy to edit mileage if needed.

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

• Drains your phone battery.

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

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

We did not use a FAVR compliant company in the past. Fixed monthly amounts were processed on payroll and taxed, variable mileage expense was processed on expense reports.

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

• More time spent prospecting.
• Able to hit objectives much easier.

Incentivized