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🚀 The Winter '24 Release is here — with smarter bill pay, spend limits, and
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PAY VENDORS WITH UNMATCHED SPEED AND ACCURACY.





PAY VENDORS WITH UNMATCHED SPEED AND ACCURACY.


DON’T LET MANUAL VENDOR PAYMENTS HOLD YOU BACK.


Managing and paying vendors is still painfully manual and paper-based for many
businesses. Using disparate systems to budget, track, and approve spend is all
too common and leaves finance teams scrambling at month-end to reconcile
payments. Not to mention that 81% of companies still use paper checks and
invoices to pay vendors, often resulting in data entry errors and late
payments.*

Growing businesses deserve a better, more scalable solution for managing vendor
relationships and payments. One that combines the speed and accuracy of the
latest AI advancements with the control offered by modern payment methods like
virtual credit cards. So that’s exactly what we’ve built for every Brex customer
with Brex bill pay.





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STREAMLINE VENDOR PAYMENTS AND CONTROL EVERY DOLLAR SPENT.


Integrated with our total spend platform, the new Brex bill pay makes it easy to
automate your AP processes from end to end and to budget, approve, and track
every type of spend all in one place — something unique to Brex’s AI-powered
spend platform.

Our bill pay solution automates bill drafting, PO matching, and multi-level
approvals, saving your AP team hours each month with greater accuracy. With Brex
bill pay, you also get complete flexibility and control over how you fund
payments – by ACH, check, or wire from any bank account. As always, a Brex
business account is the fastest way to make payments and is available for free
with up to $6M in FDIC coverage in Brex's Essentials plan.





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ONBOARD VENDORS FASTER AND MORE ACCURATELY.


We know vendor relationships matter, so Brex bill pay also makes vendor
onboarding easier and more accurate. It’s as easy as emailing vendors a secure
link to self-onboard, where they can enter their payee details such as account
and routing numbers. Say goodbye to manual data entry and the risk of human
error and hello to accurate payment details and simplified payments at scale.
Only with Brex.





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AUTOMATE BILL DRAFTING WITH 10X GREATER ACCURACY.


Companies that use Brex bill pay’s invoice-capture technology are saving hours
each month with up to a 10x lower error rate compared to manual entry. To import
invoices to bill pay, simply forward the invoice by email, have your vendor
email it directly to your Brex inbox, or drag-and-drop it in Brex. Brex uses OCR
technology to scan data from your invoices and populate all required details —
with a 95% accuracy rate.





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AUTOMATICALLY MATCH INVOICES TO THE RIGHT POS.


Brex AI will also match your imported invoice to an open PO in your ERP via our
two-way accounting integrations, helping to simplify the procure-to-pay process
and further automate accounting.





Brex customers process hundreds of invoices every week and rely on PO matching
to help prevent fraud and automate compliance. If Brex AI can’t find a match,
Brex will display the open POs associated with that vendor for manual selection.

Plus, AP managers can manually search for POs when processing an invoice. Just
type in a few characters or the vendor name, and Brex will surface key PO inputs
like PO number, date, and amount for AP Manager review. If a PO already has some
spending attributed to it, Brex will surface the remaining amount available.
Brex customers report massive gains in efficiency by streamlining this process,
rather than having to manage them separately.


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START BENEFITING FROM BREX BILL PAY TODAY.


Using Brex bill pay will bring unprecedented efficiency and visibility to your
financial operations. No other provider offers this level of AI-powered
automation and total spend integration. We can’t wait for you to try it! To
learn more, sign in and chat with Brex or contact your account rep. Not a
customer yet? Let’s change that! Contact us to get started.


*Source: PYMNTS, January 3, 2022



SEE WHAT BREX CAN DO FOR YOU.


Learn how our spend platform can increase the strategic impact of your finance
team and future-proof your company.


Contact salesOpen an account


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©2023 Brex Inc. (“Brex”) and the Brex logo are registered trademarks.

Brex Inc. provides the Brex Mastercard® Corporate Credit Card, issued by
Emigrant Bank, Member FDIC or Fifth Third Bank, NA., Member FDIC. Use of Brex’s
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Access Agreement. Use of Brex Empower and other Brex products is subject to the
Platform Agreement.

Brex Treasury LLC (“Brex Treasury”) is an affiliate of Brex and a member of
FINRA and SIPC that provides Brex business accounts, accounts that allow
customers to sweep uninvested cash balances into certain money market mutual
funds or FDIC-insured bank accounts at Brex’s partner banks. A list of partner
banks is available at https://www.brex.com/legal.

Investing in securities products involves risk and you could lose money. Brex
Treasury is not a bank nor an investment adviser and your Brex business account
is not an FDIC-insured bank account.

*Your account earns yield on an annual basis. The figure shown here is an
estimate of the annualized yield based on the average performance of the past
seven days.* Yield is variable and fluctuates. Carefully consider a fund's
investment objectives, risks, charges and expenses, as described in the
applicable mutual fund’s prospectus. Contact us for a copy of the fund
prospectus. Past performance does not guarantee future results, which may vary.

SIPC currently protects the assets in each of your securities accounts at Brex
Treasury up to $500,000 (including $250,000 for claims for cash). Please see
https://www.sipc.org/

This is not an offer, solicitation of an offer, recommendation or advice to buy
or sell any security, financial product, instrument or to open a brokerage
account in any jurisdiction where Brex Treasury is not registered. Review the
background of Brex Treasury or its investment professionals on FINRA's
BrokerCheck website. Please visit the Deposit Sweep Program Disclosure Statement
for important legal disclosures.

Brex does not provide, nor does it guarantee, any third-party product, service,
information, or recommendation and may pay third parties and/or be paid by them
for customer referrals.

Services may be provided by Brex Payments LLC (NMLS #2035354).




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