BREX
Brex has been serving companies of all sizes and complexities since it launched in 2018. The core Startups offering consists of a business cash management account, corporate card, bill pay, travel, and reimbursements — all in one scalable solution. Features include global corporate cards for employees with built-in expense management, pre-built spend request types with recommended policies, granular policy controls by amount, time period, vendor, category, or merchant, automated Bill Pay with Brex Business Account, real-time spend analytics and 24x7 support for all users across phone, chat, SMS, and email.
TOP 3 CHALLENGES ADDRESSED
Fragmentation: Disparate systems for AP automation
Under-Performance: Low Yielding Bank accounts due to high limits to capture yield
Limitations: Lack of controls and low acceptance rates around the world. Brex helps to control spend before it happens.
TOP 3 DIFFERENTIATORS
Global Solution
Multi Entity and Global Currency Support
Unified Financial Platform
Banking, Bill Pay, Spend Management, Global Corporate Cards, Travel, all in one platform solution
Maximize Spending Power
No minimum to capture yield on money in Brex Banking ~ 4% yield
PRODUCT & IMPLEMENTATIONS
ALL PRICING & TIMELINES ARE AVERAGES/ESTIMATES & ARE SUBJECT TO VARY DEPENDING ON EACH COMPANY’S SPECIFIC REQUIREMENTSAI Features
Audit Trails
Commenting & Notes Capabilities
AVERAGE ANNUAL LICENSE COST
Drill-Down Capabilities
Under $25K
$25K - $100K
$100K+
IMPLMENTATION DEPLOYMENT METHOD
Self-Implementable
Assisted Implementation
AVERAGE IMPLEMENTATION TIMELINE
Immediate
0 - 3 mos
3 - 6 mos
PRODUCT FEATURES AVAILABILE
Errors & Anomalies Detection
Integration Enabled
Modular Features
Multi-Currency
Multi-Entity
Customizations Available
6 - 12 mos
Real-Time Collaboration
Reconciliation Enabled
Regulation Compliant
Reporting & Analytics
Role-based Permissions
Workflow Approvals
THE RIGHT CUSTOMER FIT
STAGE
Start-up / Small-sized
Mid-sized
Enterprise
BUSINESS MODEL
B2B
USE CASE & REQUIREMENT COMPLEXITY
LOW: single-entity orgs with straight-forward processes
MEDIUM: high-growth organizations with evolving offerings
HIGH: multi-entity, global organizations with intricate processes
B2C
D2C
INDUSTRY
Industry Agnostic
IDEAL TRANSACTION VOLUME
LOW
MEDIUM
HIGH