Brex vs. Workday Strategic Sourcing

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

Workday Strategic Sourcing is great for contract pipeline and management, but I wish it was better integrated with Workday so that we could keep it "clean" when the dimensionality is changed or updated in our financial data model.

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

• Contract Pipeline
• Contract Management
• Supplier Onboarding

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

• No way to flag where I need an internal colleague to review or add to an answer
• No way to assign items to an internal team member for that person to answer a question
• No status bar of the remaining items not yet answered

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

I have only used RFPIO to facilitate searching for RFP answers. I have used Scout RFP only to respond to customer RFPs. I assume they have functional overlap, but my interactions with each have not included this functional overlap. For each tool's respective use, I have found them very simple, intuitive, and helpful.

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

• Ease of responding to RFPs and winning business
• I don't have visibility into whether we have an actual $$$ of deals closed where we responded to the RFP within Scout RFP
• Other departments of my company may use Scout RFP for sending out RFPs and collecting RFP responses, thus reducing costs to issue RFPs

Incentivized