#Travel expenses management manual
#Travel expenses management full

Brex also supports more countries and currencies than anyone else, including the Canadian dollar, euro, pound, and shekel. With Brex, you can operate anywhere in the world with cards, reimbursements, and billing in the local currency, so you can avoid foreign transaction fees and expedite reimbursements for international employees.

#Travel expenses management manual

When teams are spending more time on manual work, they spend less time on analysis and reporting that will actually drive the business forward.

#Travel expenses management full

To get the full picture of their global spend, teams have to access siloed systems to gather all of their spending data and even manually calculate currency exchange. This also makes it challenging to reconcile foreign transactions without complicated system add-ons. Global capabilities Concur offers limited worldwide support in part because it partners with external card programs like Amex, which don’t have strong global coverage or local currency support. Additionally, Brex AI flags anomalous activity, such as expensive purchases or expenses that exceed per-diem limits, to help you keep everyone on budget globally. All of this creates an easy way to stop unwanted spend before it happens instead of chasing it after it's gone with Concur. With Brex’s Live Budgets™, you can track actuals against those budgets in real time to make adjustments as needed. So how do you know if people are overspending or if budgets are on track it takes days for your card transactions to appear in your system dashboard? Brex makes it easy to proactively provision spend for specific purposes with auto-enforced policies and customized controls. Real-time visibility Concur doesn’t offer a unified corporate card and expense management solution. Brex AI can also follow commands so users can offload tasks and further automate expense workflows. Additionally, our AI-powered Brex Assistant helps employees with questions and tasks so they can self-serve instead of taking up valuable time from managers or finance teams. Brex automates document collection right from your mobile device and can auto-match receipts with transactions from your email, WhatsApp, Slack, and SMS messages. It’s 2023, so why are teams still gathering and uploading receipts to load into Concur on their desktop devices? Why are managers reviewing every line item in an expense report instead of the exceptions? Brex’s expense experience makes it easy for employees to comply. Expense management technology is supposed to reduce the amount of work needed to fill out expense reports and complete the month-end close, not create more. Automated compliance One of the top complaints about Concur is the amount of manual work required for employees to comply with expense policies. Here are the top three reasons global finance leaders are switching from Concur to Brex for expense management and travel. Beyond the complexity of their platform, outdated UI, numerous integration challenges, and the hefty price tag, Concur falls short in a number of business-critical areas for today’s finance leaders.