Brex vs. Invoiced

A great corporate card for startups. Easy to use and set up, easy search and track spending. I would recommend it to tech companies looking for an interface and experience that vastly improves on existing banks. Also great to have a large line of credit compared to what's offered traditionally

Incentivized

I think Invoiced is great for businesses that have recurring invoices or work with the same client over and over and you can store their payment. I don't see it as a great tool for businesses that only need to invoice one client at a time.

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

• Provides integrations with credit card companies and direct debit providers like GoCardless.
• Sales team does good demos, but be VERY careful because these demos may represent an unachievable scenario if you are a larger business or one that has more than the most basic, vanilla needs.
• Nothing else, all other experiences with Invoiced were negative.

Incentivized

• Their Quickbooks integration just updated and is now a nightmare.
• It would be nice if I got more fraud review activities for my employees.
• I want them to go back to their old export system into Quickbooks

Incentivized

• Difficult to see all missed/outstanding payments in one place
• Difficult to issue refunds

Incentivized

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

We use and thoroughly enjoy both. One we use as our main bank and Brex as our credit card provider. I'd say they serve different purposes (with Brex we get points), whereas Mercury we mostly use for wire transfers. We did initially start using Mercury because we needed a checking account, but Brex has been nice because of the rewards and the way it works to track expenses and cards.

Incentivized

We selected Invoiced primarily due to their purported high level of customizations and flexibility to handle differing business needs. That, unfortunately, became the exact reason we terminated the contract though. They have a basic framework for something that could be really great, and the potential is there, but they lack the in-house expertise and the product is far too infantile at present. Major bugs and similar issues need to be stamped out first. I can only hope they take it as a learning experience.

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

• Allows us to easily track our ARs
• Allows us to keep track of past due ARs
• Automates our invoicing/matching with Quickbooks

Incentivized