Brex

About

Brex provides a modern finance software platform tailored for businesses, offering corporate credit cards, business accounts, expense management, and bill pay all in one place. A key benefit for business users is the comprehensive suite of tools designed to streamline financial operations. The Brex business account allows companies to earn competitive returns with same-hour liquidity and offers high FDIC coverage through partner banks. The platform focuses on speed and control, enabling businesses to maximize their spending power and safeguard their capital. The service helps businesses manage spend proactively by allowing users to set budgets and allocate spend limits with auto-enforced controls, ensuring employees spend wisely and stay on budget. Brex corporate cards come with expense management built-in, automating compliance by collecting receipts, generating memos, and categorizing expenses. This automation makes expense reporting easy for both employees and managers, freeing up time and increasing accountability across teams. Furthermore, Brex is designed to support growing businesses by offering credit limits appropriate to the company's financial factors like revenue or dollars raised. It also simplifies vendor payments through AI-powered automation of invoicing, approval, and bill payments, along with the ability to issue vendor-specific cards with controls. These features collectively help businesses gain clear, real-time control of cash flow, simplify tax preparation, and build business credit for future growth.