Brex

Brex is an AI-powered spend management platform that helps businesses manage their financial spend more effectively. It includes a range of tools to prevent overspending and help teams make confident financial decisions.

Some of the features include:

• Corporate Cards: Spend smart anywhere in the world with powerful cards and built-in controls.
• Expense Management: Automate approvals and expense reports with AI, in real time.
• Travel: Book and manage global travel in-app.
• Bill Pay: Automate invoice entry and payments with AI.
• Banking and Treasury: Save, spend, and grow cash with a 4.90% yield from day one.

Brex is designed to help businesses of all sizes spend smarter, whether startups that need a complete financial stack or mid-size companies that want to optimize expenses globally. It also helps large enterprises with global travel and expense automation.

The platform is designed to give finance teams superpowers by maximizing every resource with AI-powered controls, payments, and accounting. Brex sets budgets and enforces spend limits automatically, giving employees the freedom to spend while tracking and adjusting in real time.

Brex offers three pricing tiers:

• Essentials: $0 per user per month, great for startups and growing businesses.
• Premium: $12 per user per month, great for mid-sized businesses looking to scale.
• Enterprise: Custom pricing for global enterprises with unique needs.

For companies looking to simplify procurement, Brex also offers a Smart Purchasing Card with custom pricing.

With automation of many manual processes, Brex saves time and improves compliance. It also integrates with a range of ERP systems, making it easy to plug into existing financial processes. With Brex, businesses can earn 4.90% yield, get fast global payments and earn cash back, and protect capital with up to $6M in additional FDIC insurance.

Published on June 26, 2024