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Brex

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Company health

Employee growth
2% increase in the last year
Web traffic
14% decrease in the last quarter
Financing
February 2022 - $1B

Ratings

Glassdoor
3.8/5
(474)

Brex description

Brex is a financial platform designed to help businesses manage their spending. It offers a suite of tools, including corporate cards with built-in controls, expense management software with AI-powered automation, and business banking with high-yield accounts. Brex aims to simplify financial operations for companies of all sizes, from startups to enterprises, with a focus on proactive spend control, automated workflows, and increased financial efficiency. It promises time savings through automation and improved compliance with company spending policies. However, it's important to note that Brex itself is a financial technology company, not a bank, and some banking services are provided through partner banks.


What companies are using Brex?

DoorDash is using Brex
DoorDash
Zapier is used by DoorDash.

Who is Brex best for

Brex is a comprehensive financial platform streamlining business spending. It offers corporate cards, expense management software, and business banking. Users praise its intuitive interface and efficient card management. Some have noted slower reimbursements compared to alternatives. Brex is best for startups and growing businesses wanting better financial control.

  • Best for startups and growing businesses seeking efficient spend management.

  • Ideal for industries like E-commerce, Retail, and Software/IT.


Brex features

Type in the name of the feature or in your own words tell us what you need
Supported

Brex automates accounts payable processes, from invoice receipt to payment.

Supported

Brex supports bill tracking, payment, and organization within its platform.

Supported

Brex offers current accounts, corporate cards, and other banking services.

Supported

Brex offers expense tracking, automated approvals, and reporting.

Supported

Brex offers spend management with features like expense tracking, budgeting, and policy controls.

Supported

Brex offers centralized travel spend management with real-time visibility and control.

Supported

Brex issues corporate cards and integrates them with expense management software.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
+0.13

Customer Service

Strongly positive
+0.78

Ease of Use

Strongly positive
+0.95

Reliability and Performance

Rather positive
+0.57

Ease of Implementation

Neutral
+0.2

Scalability

Strongly positive
+0.75

Brex reviews

We've summarised 1409 Brex reviews (Brex Capterra reviews and Brex G2 reviews) and summarised the main points below.

Pros of Brex
  • Works just like any other credit card.
  • Very easy to upload reciepts.
  • The UI is very easy to navigate and customer service is quick and efficient.
  • The site is extremely readable and intuitive, which makes navigating it a pure pleasure.
  • Brex makes it easy to manage the cards issued to the staff.
Cons of Brex
  • Reimbursements taking significantly longer than Concur.
  • Some features only work on Desktop versi
  • The compliance reporting features could use improvement. Some of the data that comes through isn’t the most accurate.
  • Constant remiders of invoices that are due. ie hotel and rental car recpiets that will not be finalized for 3 or 4 days.

Brex pricing

The commentary is based on 115 reviews from Brex Capterra reviews and Brex G2 reviews.

Brex offers competitive rewards programs and no annual fees or interest charges. Some users mention a devaluation of reward points and limited travel perks. However, many appreciate the lack of fees, generous credit lines, and high rewards rates for specific business categories.

Users sentiment

Neutral
+0.13

See the Brex pricing page.

  • Brex has a free trial.

Essentials

$0 user/month

Global card acceptance and 1 local card program, AI-powered custom rules, up to two entities, accounting integrations, local currency wires, travel booking, real-time reporting, Brex API access, bill pay, reimbursements.

Premium

$12 user/month

Multiple, customizable expense policies, dynamic expense review chains, AI-powered compliance audit detection and insights, advanced approvals with dynamic Spend Limit approval chains, multi-entity (US & International), customizable ERP and HRIS integrations, VAT documentation, group travel and advanced travel rules, live budgets.

Enterprise

Custom

Unlimited US or global entities, local card issuance, collections, reimbursements, and policies, local language support, named account manager for personalized support, admin center, fully customizable implementation services.

Smart Card

Custom

Global cards accepted worldwide, local-currency cards in 50+ countries, merchant card controls and custom approvals.


Brex alternatives

  • Logo of Airbase
    Airbase
    Better for mid-sized businesses needing spend management. Website traffic is growing faster. A Brex alternative and competitor.
    Read more
  • Logo of Rho
    brex vs Rho
    More focused on expense management and receipt tools. Website traffic is growing faster, but employee growth is slower. Better ratings based on user reviews. A Brex competitor and alternative.
    Read more
  • Logo of SAP Concur
    SAP Concur
    Better suited for larger enterprises and government organizations. Has broader industry coverage. A Brex alternative experiencing slower growth.
    Read more
  • Logo of Ramp
    brex vs Ramp
    Better expense reporting and accounting integrations. Rated higher by users. Has a free plan. Consider Ramp, a Brex competitor, for faster growth.
    Read more
  • Logo of BILL AP/AR
    BILL AP/AR
    Better for small to medium-sized businesses in the USA. Focuses on streamlining financial operations, including AR, budgeting, and faster payments through its network. Has significantly more momentum.
    Read more
  • Logo of Hex Technologies
    Hex Technologies
    Better for data analysis and visualization. Geared towards data professionals working collaboratively. Has stronger momentum.
    Read more

Brex FAQ

  • What is Brex and what does Brex do?

    Brex is a financial operating system that helps businesses manage expenses, track spending, and streamline financial operations. It offers corporate cards, expense management software, and business banking services, primarily aimed at startups and growing companies. Brex simplifies financial tasks through automation and provides greater control over company finances.

  • How does Brex integrate with other tools?

    Brex integrates with various accounting software, ERP systems, and HR tools. This streamlines financial processes by automating tasks like expense reporting and reconciliation. It also offers open APIs for custom integrations.

  • What the main competitors of Brex?

    Alternatives to Brex include SAP Concur, Airbase, Rho, Payhawk, Volopay, and Precoro. These competitors offer similar features such as expense management, corporate cards, and AP automation, catering to various business sizes and needs.

  • Is Brex legit?

    Yes, Brex is a legitimate financial platform. It's a popular choice, especially for startups and growing businesses seeking efficient spend management. They offer corporate cards, expense tracking, and integrations with other software. While Brex has received positive feedback for its ease of use, note that some users have mentioned longer reimbursement times.

  • How much does Brex cost?

    Brex Essentials costs $0/user/month. Brex Premium is $12/user/month. Brex Enterprise and Smart Card pricing is custom. A free trial is available. Is Brex worth it? It depends on your company's size and needs.

  • Is Brex customer service good?

    Brex customer service receives positive feedback. Users highlight the helpful, responsive, and efficient support team, readily available through various channels. They praise the quick resolution times and proactive assistance.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.