Question 1

Is Brex the best business budgeting software?

Accepted Answer

We think so. Brex gives you the ability to plan budgets across your organization, and then build in spend limits to track actual spending against. Which means you can control spend before it happens, from the top down.

With Brex, you can:

Set budgets across departments, and create sub-budgets for more granular planning and tracking.

Customize spend limits with embedded expense policies for things like business travel, stipends and perks, and vendor payments.

Enable employees to use one card for everything, since multiple spend limits and policies are applied to one card.

Track spending actuals against your budgets in real time, with multi-currency visibility, and talk to budgets owners about tradeoffs if spending needs readjustment.

Automate compliance by enabling employee spending using pre-approved limits and built-in policies.

Question 2

What makes budget management on Brex different?

Accepted Answer

With traditional approaches to business spend, every level of the company is making an educated guess — and then reconciling at month-end, with no ability to make live adjustments based on live data.

Brex gives you the ability to control business spend before it happens, and track it in real time. Employees can spend from any spend limits assigned to them. And finance teams can see every transaction instantly and take action if money is being misused or would drive higher impact elsewhere.

Question 3

What types of controls are available with spend limits?

Accepted Answer

Spend limits can be provisioned as individual limits (e.g. $5,000 per employee) or a shared limit (e.g. $5,000 shared among employees), you can set them up to issue once or recur on an ongoing basis, and can even set limits on approved vendors. So when employees go to spend against them, you’ll have confidence knowing it will be in-policy and on budget.

Question 4

Can I block spending from specific merchants?

Accepted Answer

Yes. For example, if you want to create a WFH stipend for employees, you could create an embedded policy of $100 per employee per month, on an approved list of vendors. This gives you more control over how employees spend their money, so you can be sure it’s being spent as intended.

Plan and track budgets in real time.

Live Budgets™ make it incredibly easy to plan and provision spend — with at-a-glance tracking for unparalleled visibility and control.

Plan and track budgets in real time.

Live Budgets™ make it incredibly easy to plan and provision spend — with at-a-glance tracking for unparalleled visibility and control.

Gain total visibility and control of spend.

Plan, provision, and track your spending in one place — so every dollar goes where you want it to.

Plan and budget.

Pre-approve spending.

Track usage in real time.

Manage company spend in one place.

“The ah-ha moment for me as a finance leader was — I can put everything in Brex. Everything can be controlled by a budget.”

Keep every type of spend on budget.

Assign budgets to department heads and empower them to issue spend limits with embedded policies for any use case — and enable smarter spending.

Vendor payments

Stipends and perks

Group events

Business travel

Brex does it better.

Our spend controls make life easier for employees, managers, and controllers.

Time saved

4,000 hrs.

Average time managers and employees saved per year on compliance.

Money saved

$250,000

Superior policy compliance

99%

Get started with Brex.

Join the tens of thousands of customers using Brex to simplify the way they plan and manage spending.

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