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Brex
Want a Brex alternative? Try Spendesk
Take control of your cost centers with physical and virtual payment cards. Spendesk empowers finance teams with better tracking and cost management tools to approve budgets and manage company spend.
TRUSTED BY THOUSANDS OF FINANCE TEAMS AND EMPLOYEES!
The 7-in-1 difference
4x
faster end-of-month closing
100%
visibility on all operational spend
£0
setup & no hidden fees
95%
receipt reconciliation in just 2 days
Unlimited
virtual cards, subscriptions & users
Spendesk & Brex: Side-by-side comparison
Provide employee autonomy while maintaining control, whether your finance team is WFH or your employees live around the globe.
Spendesk
Secure payment methods
Unlimited virtual cards for online payments
Pre-approval for employee payments
Centralised subscription management
Pay on the road
Smart debit cards
Mobile app for Android & iOS
Preparatory accounting
Native Quickbooks integration
Xero
Custom Export & CSV
Manage travel expenses
Additional travel expenses
Currency conversions
Trip & flight status notifications
Better financial control. Fast and easy export.
Bank
Spendesk
Accounting
Smart cards for smart companies
Enable employee spend with greater transparency. Spendesk helps small businesses reduce employee card sharing, eliminate tedious expense reimbursement and cashback processes, and streamline corporate spending. Using our platform, your finance team can issue corporate debit cards in formats that make sense for your employees. Issue budget-managed physical cards, one-time virtual debit cards, or cards specifically designed for subscription-based services. Eliminate card confusion and get better financial visibility in record time.
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Better reporting and tracking
Monitoring spend across multiple teams and pipelines can be a major hurdle when you want to control cash flow. With expense tracking automation and built-in expense reports, your finance team will know exactly how your money is allocated. Using corporate credit cards (physical and virtual), you can gain real-time control over who has access to cash, who is authorized to spend it, and what transactions they’re allowed to make. You can set expense and credit limits, allocate funds for specific use cases, and even manage bill payments with ease. Spend management has never been simpler, and onboarding is easy for your entire team.
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Better budgets & approvals
Maintaining financial visibility is more than just keeping a tight lid on company spend. You also need to be able to control how and where funds are spent and automate expense capture. Spendesk helps you lower risk by helping you set card limits and budgets on who can spend and where those funds can be allocated. With a streamlined approval process, instant access to all transactions, sub-budgets, and more, you’ll always be on top of your game when it’s time to close the month.
)
Better reporting and tracking
Monitoring spend across multiple teams and pipelines can be a major hurdle when you want to control cash flow. With expense tracking automation and built-in expense reports, your finance team will know exactly how your money is allocated. Using corporate credit cards (physical and virtual), you can gain real-time control over who has access to cash, who is authorized to spend it, and what transactions they’re allowed to make. You can set expense and credit limits, allocate funds for specific use cases, and even manage bill payments with ease. Spend management has never been simpler, and onboarding is easy for your entire team.
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Built to scale
Let your teams do their best work. Let Spendesk handle the rest.
FAQ
The most frequently asked questions about Spendesk & PayPal.
As a Brex alternative, Spendesk is more focused on scalable growth for small- and medium-sized businesses. While we offer similar services, like corporate credit cards and spend management tools, Spendesk is also focused on helping businesses better manage spend through budget management, expense tracking, automatic bill pay, and similar tools. With Spendesk, all your financial transactions can happen in one place, rather than being scattered across multiple business bank accounts or tracked through multiple ERP systems. Instead, Spendesk keeps all financial transactions together in the same platform, which creates better outputs when reporting and managing your corporate finances.
No. Spendesk is an online expense management software platform designed to help businesses better manage their corporate expenses. However, it functions similarly to a bank account. The same is true for other spend management platforms, like Brex Cash or Expensify business accounts.
Even though these services aren’t technically banks, they do enjoy the ability to use the ACH system to issue payments. Spendesk cards, while not credit cards, are also issued by an FDIC-insured bank and protected against fraud by Mastercard’s Zero Liability Protection.
To use Spendesk, you’ll need to transfer money into your Spendesk wallet. This is typically done via credit card or wire transfer. Once the money is in your Spendesk wallet, you’re ready to start!
Currently, Spendesk is available in the European Economic Area (including Germany, France, United Kingdom, Spain, Norway, Sweden, & Denmark) and in the United States.
Users can create their wallets with currencies in Euro (€), US Dollar ($), Pound (£), Danish Krone (DKK), Norwegian Krone (NOK) and Swedish Krone (SEK).
Yes, the Spendesk app for Android & iOS can be downloaded free of charge by our customers from the App Store and Google Play. Employees can use the app to photograph and upload their receipts with their smartphone, submit expenses, and make requests for their physical card to be charged by a manager.
Pricing for Spendesk is flexible and varies based on the size of your organization and the number of users. Talk to an expert to learn more about how Spendesk can help your team save time through better expense management and automated bookkeeping.
Find the right solution
Go big with Spendesk
Experience smarter spending at scale. Let us show you how.
Want to know more
Connect with a spending expert.
Last updated: 7 May, 2022