Brex

Brex is a comprehensive, AI-driven financial operating system designed to empower modern businesses to spend smarter and move faster. It replaces disparate financial tools with a single, integrated platform that combines corporate cards, expense management, bill pay, travel, and business accounts. Trusted by over 30,000 companies, from high-growth startups to large enterprises, Brex leverages artificial intelligence to automate manual financial tasks, provide real-time visibility into spending, and enforce policy controls proactively.

The platform is built to scale with a company's growth, offering solutions tailored for different stages. For startups, it provides a complete financial stack to manage burn and scale effectively. For mid-size and enterprise companies, it offers robust tools to manage complex, global spending with multi-entity support, advanced policy customization, and seamless ERP integrations. The core mission of Brex is to empower employees everywhere to make better financial decisions, eliminating administrative friction and allowing teams to focus on strategic growth.

How to use Brex

Getting started with Brex is a streamlined process designed for immediate impact:

1. Choose a Plan: Select the plan that fits your company's stage and needs—Essentials (free), Premium, or a custom Enterprise plan.
2. Issue Smart Cards: Instantly create and issue unlimited virtual or physical corporate cards to employees. Set proactive controls, such as spending limits, merchant restrictions, and category rules, directly on the cards.
3. Automate Expenses: Employees make purchases, and Brex's AI automatically captures and matches receipts from texts or emails. The system auto-categorizes expenses and checks for policy compliance in real-time, eliminating the need for manual expense reports.
4. Streamline Approvals: Managers receive notifications to review and approve expenses through the web dashboard or mobile app, with all necessary context provided. Custom, multi-level approval chains can be set up for complex workflows.
5. Manage Bill Pay: Use AI to automate bill payments. Forward invoices to a Brex email address, and the AI will extract key data like vendor, amount, and due date. Set up approval flows and pay vendors via ACH, check, or wire.
6. Integrate and Close Books Faster: Connect Brex with your accounting software (e.g., NetSuite, QuickBooks, Sage Intacct). The two-way sync automates reconciliation and GL coding, allowing finance teams to close the books daily and significantly reduce month-end workload.
7. Monitor and Analyze: Utilize the real-time dashboard to track spending across the entire organization, monitor budgets, and gain strategic insights to optimize costs.

Core Features of Brex

• AI-Powered Expense Management: Automates receipt capture, memo creation, and expense categorization. An AI assistant can handle complex tasks and answer policy questions via a conversational interface.
• Global Corporate Cards: Provides unlimited virtual and physical cards accepted in over 210 countries, with local currency cards and billing available in over 50 countries.
• Automated Bill Pay: AI-powered invoice data extraction, customizable approval workflows, and flexible payment options (ACH, wire, check).
• Integrated Travel Management: Allows employees to book flights and hotels directly within the Brex app, simplifying travel planning and expense reporting.
• Spend Controls and Budgets: Proactive policy enforcement with customizable rules, spending limits, and real-time budget tracking to prevent out-of-policy spend before it happens.
• Accounting Automation: Deep, two-way integrations with major ERP and accounting systems, with AI-suggested GL coding and one-click accrual booking.
• Multi-Entity Management: Centralizes financial management for companies with multiple domestic or international entities, offering entity-specific cards, policies, and billing.
• High-Yield Business Accounts: Offers business accounts that allow companies to earn a competitive yield on their cash while maintaining liquidity.

Use Cases for Brex

Brex is versatile and provides value across different organizational structures and industries:

• Startups: Manage burn rate effectively with high-limit cards, a free and powerful financial stack, and real-time visibility to extend their runway and focus on growth.
• Mid-Sized Companies: Scale operations globally by managing spend across multiple entities, implementing custom expense policies, and automating accounting to handle increasing complexity.
• Enterprises: Simplify global travel and expense management for thousands of employees, ensure near-perfect policy compliance with AI-powered audits, and gain a unified view of worldwide spend.
• Finance Teams: Transition from a reactive, administrative function to a strategic powerhouse by automating manual tasks like receipt chasing and data entry, enabling them to focus on financial analysis, forecasting, and cost optimization.

Advantages of Brex

Brex offers a distinct competitive edge through its modern, AI-first approach:

• Unified Platform: Consolidates all spend management functions into one system, eliminating data silos and the need for multiple software subscriptions.
• Time and Cost Savings: Customers report saving thousands of hours annually on financial administration and achieving significant cost reductions through better spend visibility and control.
• Enhanced Compliance: Proactive, automated policy enforcement leads to exceptionally high employee compliance rates (up to 99%), reducing risk and manual review work.
• Global Scalability: Designed for global business from day one, with support for multiple currencies, entities, and international compliance requirements.
• Superior User Experience: A highly-rated mobile app and intuitive interface make it easy for all employees to manage expenses, leading to high adoption and satisfaction.

Pricing and Plans

Brex offers a transparent pricing structure designed to scale with your business:

• Essentials: $0 per user/month. Perfect for startups and growing companies, this plan includes global card acceptance, AI-powered custom rules, accounting integrations, bill pay, and reimbursements.
• Premium: $12 per user/month. Aimed at mid-sized companies, this plan adds multiple customizable expense policies, advanced approval chains, multi-entity support, and deeper ERP/HRIS integrations.
• Enterprise: Custom pricing. Tailored for large, global enterprises, this plan includes everything in Premium plus unlimited entities, a named account manager, and fully customizable implementation services.
• Smart Card: Custom pricing. A specialized solution for companies looking to simplify procurement with advanced merchant-level card controls and custom approvals.