Brex

Score9.1 out of 10

56 Reviews and Ratings

What is Brex?

Brex headquartered in San Francisco offers a corporate card for expenses, ecommerce, as well as rewards card, and travel expense management.

Categories & Use Cases

Financial Document Management
Invoices, expense reports, and associated documents are stored within the platform for any future needs.
Category average: 8.6
Employee Expense Reporting
Allows companies to track employee expenses to make cost-effective decisions.
Category average: 8.6
Advanced OCR
Automatically imports information from invoices, receipts, expense reports, and other scanned documents into the platform.
Category average: 8.1

Payment Status Tracking
Tracks what stage payments are at in the process, from approval to receipt.
Category average: 8.7
Payment Audit Trail
Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.
Category average: 8.5
Electronic Funds Transfer
Funds can be transferred via EFT as opposed to paper checks.
Category average: 8.6

Verified User

Manager in Customer Service (51-200 employees employees)

Use Cases and Deployment Scope

We use Brex for reimbursements, company cards and some of our transactions with contractors and other vendors. The finance team also uses for general money and expense management.

Pros

Reimbursements
Company cards
Paying vendors

Cons

Could be easier to track team usage
Could be easier to submit reimbursements

Return on Investment

Freed up the finance team by allowing more team members to make payments
Have an easier way to submit reimbursements
Track team member spend

Usability

Other Software Used

Slack, Heymarket, Dialpad Connect

Verified User

Manager in Sales (201-500 employees employees)

Use Cases and Deployment Scope

Digital cards given to multiple people across the org to use them for their respective spends -Tracking done by the Finance team -Same platform is used to communicate about the spends.

Pros

UI / UX is pretty intuitive.
Pretty easy to figure things out within the platform.
Ease of use of a card.
Simple to add or create a new card.
Communication within is great.

Cons

Flagging of suspicious spends if they are out of the range that is usually used.

Return on Investment

All our spend is now in one platform.
No need of external google sheets.
Everyone is accountable for their own cards and spends and it has a trail.
Audit is easy for the Finance team.

Usability

Other Software Used

lemlist

Cristina Bunea View profile

Co-Founder in Marketing at Odin (1-10 employees employees)

Use Cases and Deployment Scope

We needed a corporate credit card that we could get as non-US founders and found Brex to be the right solution. We use Brex as our main credit card provider. More specifically, we use Brex to track our spending and collect rewards. We are also using the rewards that they're offering.

Pros

Cashback
Support
Rewards

Cons

Mobile support
Blocking transactions
Card delivery

Most Important Features

24/7 support
Multiple credit cards
Rewards

Return on Investment

No actual impact ROI, but saved us a ton of time

Alternatives Considered

Mercury

Other Software Used

Brandwatch, Buffer, Sprout Social

Aviva Rosman View profile

Co-Founder and COO in Corporate at BallotReady (11-50 employees employees)

Use Cases and Deployment Scope

Brex makes it easy for us to create corporate virtual cards for various departments and company leaders. It's easy to search transactions and it offers good perks from the points for spending. We haven't used the money side as much, but appreciate the tech-friendly user interface compared to our boring normal bank.

Pros

Create virtual cards
Easily search spending
Good perks

Cons

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

Most Important Features

Line of credit
Easy to use interface
Easy to search transactions

Return on Investment

Easy to track spending by department
Easy to understand expenses - improved expense control
Able to pre-pay for expenses via line of credit

Alternatives Considered

Ramp Finance Automation Platform

Other Software Used

Asana

Dailius Wilson View profile

VP Sales & Growth Marketing in Sales at GetAccept (51-200 employees employees)

Pros

Reward points on all spend - especially on software as a service (SaaS) which is a large source of expenditure for our business
Expense management system which allows us to intelligently manage all employees
Dynamic expense limits to adjust expenditure based on seniority, time of year, tenure etc.
Fantastic mobile app to monitor usage and upload notes/receipts
Great travel booking system - something we haven't fully utilized yet

Cons

This is unusual but I struggle to write con's - everything has been seamless so far
Perhaps they could improve the UI/UX for uploading receipts when there are multiple photos

Return on Investment

Realized return on all expenditure through points where previously this wasn't seen at all in the business
Ease of use and general increase in employee satisfaction. It would typically take one full day to lodge expenses at previous companies - now it takes a matter of seconds
Access to credit at an affordable rate

Alternatives Considered

Expensify

Brex

What is Brex?

Categories & Use Cases

Key Features

Top Performing Features

Financial Document Management

Employee Expense Reporting

Advanced OCR

Areas for Improvement

Payment Status Tracking

Payment Audit Trail

Electronic Funds Transfer

Reviews

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Most Important Features

Return on Investment

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Most Important Features

Return on Investment

Alternatives Considered

Other Software Used

Pros

Cons

Return on Investment

Alternatives Considered

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