Building with the global customer in mind

Spend globally and operate locally — from one platform.

1. One platform:

Managing a global business can be complex. Historically this has meant that teams use many unique local providers per region and have to develop and store their own expense policies and approval processes accordingly. Integrating with and alternating across different financial services and software platforms creates a burden of work for finance teams, slowing down business operations and potentially limiting the ability to manage and track expenses consistently.

Brex offers a single platform to manage multiple entities, subsidiaries, and their transactions — all in one place. Finance teams can store and apply expense policies, approvals, and issue cards to any region without worrying about working across a different provider or changing systems pending compliance with local regulation. In fact, these capabilities are why Lemonade decided to scale with Brex. Read more about that here. Imagine a unified view of analytics across all operations, enabling informed decisions and centralized policy application, all while streamlining underwriting and KYC processes.

2. Localized experience:

It shouldn’t matter where in the world you or your employees are based. Everyone on your team deserves a seamless, localized experience. With best-in-class global card acceptance and local card issuance, Brex's global card, powered by Mastercard's global network, streamlines admin approvals and allows international transactions to be processed in the currency of the cardholder’s country.

Plus, Brex’s expense management software gives finance teams the tools to set policies, budget, and manage expenses in local currencies, with the power to zoom out on Brex’s platform to observe trends and monitor consolidated reporting. Brex also offers global card shipping and 24/7 customer support. See details on how Brex launched this solution in Canada here and the markets covered here.

3. Foreign exchange optimization:

Say goodbye to currency conversion headaches. With local billing and card issuance, Brex facilitates constant currency operations, so you can transact and pay in local currencies — mitigating foreign exchange risks and offering financial predictability. Companies using Brex’s global offering can operate consistently in their preferred currency, regardless of location. Mastercard's expertise in cross-border payment services enables Brex to offer real-time transparent transactions.

4. Global usage flexibility:

Brex cards are built for global use across your team. Brex offers physical, virtual, mobile wallet, and centralized cards that support any spending need across lodging, travel, local procurement, in-person T&E, and virtual transactions. No matter how you need to spend, Brex’s cards adapt to the specific spending needs of your team. This comprehensive coverage, backed by Mastercard's extensive network of merchants and acceptance worldwide, ensures your business operations flow smoothly across borders.

5. Speed and efficiency:

In today’s world, speed matters. Brex understands this and works with customers to offer the fastest setup process in the market, from underwriting and onboarding and card activation. This allows for rapid deployment and use of cards, ensuring your international teams have the financial tools they need to hit the ground running. Mastercard's streamlined technology, global card network, and innovative processing infrastructure is the backbone of Brex's exceptional speed and efficiency.

To learn more, get in touch at brex.com/sales