Brex
Brex is a unified financial platform providing corporate cards, expense management, and business accounts to help growing companies manage spending and automate global financial operations efficiently.
Payhawk
Payhawk is a comprehensive spend management platform that combines corporate cards, reimbursable expenses, and accounts payable into a single automated solution to help businesses control global spending and streamline accounting.
Quick Comparison
| Feature | Brex | Payhawk |
|---|---|---|
| Website | brex.com | payhawk.com |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2017 | 2018 |
| Headquarters | San Francisco, USA | London, UK |
Overview
Brex
Brex provides a unified platform to manage your company's entire financial life cycle in one place. You can issue physical and virtual corporate cards to your team, set granular spending limits, and automate expense reports before they even happen. The platform integrates your business account, credit cards, and bill pay into a single dashboard, giving you real-time visibility into every dollar spent across your organization.
Designed primarily for venture-backed startups and mid-market enterprises, Brex helps you scale without the manual overhead of traditional banking. You can manage global entities with multi-currency support and sync all transaction data directly to your accounting software. By eliminating the need for personal guarantees on corporate cards, it allows you to access higher credit limits based on your company's cash balance rather than your personal credit score.
Payhawk
Payhawk is an all-in-one finance platform that helps you manage company spending from a single dashboard. Instead of juggling multiple tools for credit cards, out-of-pocket reimbursements, and supplier invoices, you can centralize everything in one place. You can issue physical and virtual cards to your team with built-in spending limits and automated approval workflows that ensure every penny spent aligns with your company policy.
The platform automates the tedious parts of accounting by capturing receipts via a mobile app and extracting data instantly using OCR technology. It integrates directly with your existing ERP or accounting software, like NetSuite or Microsoft Dynamics, to sync transactions in real-time. This eliminates manual data entry and helps you close your monthly books much faster while maintaining full visibility over your global cash flow.
Overview
Brex Features
- Corporate Cards Issue unlimited virtual and physical cards with built-in spend controls to keep your team's budget on track.
- Automated Expenses Capture receipts via mobile app and let AI automatically categorize your transactions to save hours on manual entry.
- Global Bill Pay Approve and pay invoices globally via ACH, wire, or check while keeping your accounts payable perfectly synced.
- Real-time Reporting Monitor company-wide spending as it happens with live dashboards that help you make faster, data-driven financial decisions.
- Travel Management Book and manage business travel within the platform while automatically applying your company's specific travel policies.
- Accounting Sync Connect your cards and accounts to NetSuite, QuickBooks, or Xero for automatic, error-free reconciliation every month.
Payhawk Features
- Smart Corporate Cards. Issue physical and virtual cards with custom spending limits and automated approval rules to control budgets in real-time.
- Automated Data Extraction. Snap a photo of any receipt and let the AI extract dates, amounts, and VAT automatically to eliminate manual entry.
- Global Accounts Payable. Manage and pay supplier invoices across multiple currencies and countries while maintaining a clear digital audit trail for every payment.
- Real-time ERP Sync. Connect your spending data directly to NetSuite, SAP, or Microsoft Dynamics with automated mapping for seamless month-end closing.
- Subscription Management. Track all your recurring software subscriptions in one view to identify duplicate seats and prevent unwanted renewals or overspending.
- Reimbursable Expenses. Let your employees submit out-of-pocket claims through the mobile app for quick approval and automated repayment via bank transfer.
Pricing Comparison
Brex Pricing
- Unlimited corporate cards
- Basic expense management
- Business account (Brex Cash)
- Standard rewards program
- Mobile app access
- Standard accounting integrations
- Everything in Essentials, plus:
- Advanced spend controls
- Custom approval workflows
- Global reimbursement support
- Real-time budget tracking
- Premium support access
Payhawk Pricing
Pros & Cons
Brex
Pros
- High credit limits without personal guarantees
- Seamless integration with major accounting software
- Instant virtual card issuance for immediate use
- User-friendly mobile app for receipt capture
- Competitive rewards points on business categories
Cons
- Strict eligibility requirements for new startups
- Premium tier is expensive for small teams
- Customer support response times can vary
- Limited features for very small businesses
Payhawk
Pros
- Excellent mobile app for quick receipt uploads
- Seamless integration with major ERP systems
- Real-time visibility into employee card spending
- Responsive customer support for technical setup
- User-friendly interface for non-finance employees
Cons
- Initial setup of accounting categories takes time
- Card delivery can be slow in some regions
- Higher price point than basic expense tools