Brex vs. Teampay

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 Works like a charm for start-ups who are looking for a cutting-edge product and not an outdated bank!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

Well suited for simple payroll needs. Not a great option for large companies looking for more detailed reports. We have always been able to get employees paid on time and easily.

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

• Simple to use
• User friendly
• Effective

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

• Generating Reports
• Employee Profile Information
• Password Reset Function to Reset for Employees

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

Teampay was simplified and great for smaller businesses. ADP Workforce Now has many add-on features, while Teampay feels more basic but effective.

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

• Teampay helps us effectively process payroll for our employees
• S. and Canada ADP don't communicate, operated as a completely separate company

Incentivized