Brex vs. Spendesk

Very well suited for founders who are building companies in the US but are not US citizens. Works like a charm for start-ups who are looking for a cutting-edge product and not an outdated bank! Small-medium teams. Not well suited for those who are used to traditional banking and prefer in-person interaction or over the phone.

Incentivized

Spendesk's integration with Slack is super functional, as I receive requests to approve expenses daily. This way, we can act on time. This also works with pending approvals from other stakeholders. Also, keeping tracking of the POs thresholds is quite handy. On the other hand, sometimes I struggle when I want to access historical data quickly. It would be amazing to get a dashboard.

Incentivized

• Rewards - The rewards were the main reason for us switching. Our previous card provider did not have a good rewards program.
• User Interface and experience - When a charge is recorded on the Brex card, users immediately receive a text notification asking them to send a picture of their receipt. Brex automatically attaches the receipts to the charge which has saved our users a significant amount of time.

Incentivized

• POs approval
• Integration with Slack

Incentivized

• It can be somewhat confusing to transfer money between the credit card and bank side
• More help identifying areas of overspending
• More help tracking spending around specific accounts

Incentivized

• The AI that reads receipts could be improved.

Incentivized

Prompt and always extremely fast to respond. I also think the intuitiveness of their solution negates the need for much support

Divvy allows you to get hyper focused in on how much individuals are allowed to spend. Honestly it is comparable to Brex, but is more well suited for micromanaging organizational spend. Brex is good because I am able to give my employees limits that match our budgets and I don't care about micromanaging their spend.

Incentivized

Spendesk is fully dedicated to this field. While we are still using Airtable for other purposes, such as automation, Spendesk allows us to get a well-structured process for approvals and improve the communication between different teams

Incentivized

• No fee wire transfer.
• Net 60 credit card terms is good for our cashflow.
• Fast and easy employee credit cards saves us time.

Incentivized

• Reduce the approval time of expenses
• Improve the communication between departments

Incentivized