Brex vs Expensify: what you need to know for your business
Expense management platforms aren’t a dime a dozen. In fact, an underperforming platform can cause critical issues for your company's backend and can disrupt understanding of company spend.
That’s why doing research before signing up is so important. Below, we break down Expensify vs. Brex and how to make the right decision for your needs.
Similarities between Expensify and Brex
As expense management software, it’s safe to say Expensify and Brex have a lot in common. Some of the services you can expect to find on both platforms include:
Accounting reconciliation
Corporate card spending tracker
Expense approval
Foreign currency tracking and conversion
Mileage tracking
Online invoice creation and payment
Receipt management
Synchronization with bank feeds
Spend control
Time and expense tracking
Differences between Expensify and Brex
The main differences between the two programs include:
Expensify serves customers of all kinds — including freelancers and small businesses looking to manage their spend — while Brex has limitations on who can join their platform based on size and revenue.
Brex charges foreign transaction fees for all international purchases, and Expensify does not.
Brex is a card-first solution, while Expensify integrates with all major company card providers and also offers an Expensify credit card.
Expensify supports multi-currency and international card transactions, making it suitable for businesses with global operations. Brex is primarily focused on US-based businesses.
Expensify integrates with a wide variety of travel apps, including Uber, unlike Brex.
Expensify's Concierge can automatically submit reports, detect duplicates, and ensure the accuracy of expenses, unlike Brex.
Expensify offers a wider range of integrations than Brex, including accounting, HR, and more.
Brex lacks certain services provided by Expensify, such as an audit trail, custom export options, and automatic mileage tracking.
Brex doesn’t offer a free reimbursement program. Instead, they use Brex cash, which tacks on additional fees. But with the Expensify Card, you can get up to 2% cashback.
See a side-by-side comparison of the two solutions in our breakdown below.
Feature breakdown
See why companies prefer Expensify over Brex for all their spend management needs.
Brex
Free Corporate Card program
Up to 2% cash back on all Expensify Card purchases
All-in-one solution (expense, invoicing, bills, travel, card)
SmartScan OCR receipt capture
Free next-day reimbursements
Automatic mileage tracking
Free integrated travel booking
Two-way sync with automatic company card reconciliation
Robust integrations with QuickBooks, Xero, NetSuite, Sage Intacct, and Financial Force
Custom export options
Supports third-party corporate cards
Expensify vs. Brex: pricing
If you’re looking into alternatives to Brex, cost is an important factor to consider. While both Expensify and Brex offer their expense management and company credit card services for free, Expensify takes it a step further by allowing customers to reimburse expenses, send invoices, pay bills, and more — all for free.
When it comes to paid plans, Expensify offers several pricing plans at reasonable rates, ranging from free to $9 a month, with discounts available if you use the Expensify Card and commit to an annual plan. If you go with Brex, you can expect to pay at least $49 a month for their unlimited plan.
Does Brex integrate with Expensify?
Brex does have an integration with Expensify, meaning even Brex customers can take advantage of some of the features of Expensify. In addition, you can import your Brex credit card into Expensify as well.
How do I connect Brex to Expensify?
You can connect your Brex card to Expensify by following these steps:
Navigate to “Settings” and then select “Domain.”
Select “Company Cards” on the left-hand side navigation bar.
Choose “Brex” from the drop-down.
Enter your information into the Brex login popup.
Select “Allow Access” to confirm the connection.
Expensify will now automatically import transactions on your Brex card.
Bottom line: Expensify is better for expense management
Expensify is the best Brex alternative for expense management, corporate cards, and more. Because of our lower pricing, additional features, and open-door policy when it comes to who can use the service, you can rest easy knowing you’ll be able to meet your long-term financial goals without any surprises.
Take a deep dive into other competitors here:
So what are you waiting for?
Enter your email or phone number to start simplifying your preaccounting with Expensify's expense management services.
