Insulate Your Finance Function With a Stable Alternate to Brex

For payments professionals, Brex dropping their small business portfolio did not come as a big surprise. The known secret inside of every technology company is that small businesses take as much energy to serve as large enterprises. With high costs and low payoffs, small businesses do not make sense as customers to startups focused on driving valuation over product. In many ways that’s a double-edged sword – small businesses adopt faster (scale customers), but spend less (revenue), and sometimes it doesn’t work out in the long term. And it’s the customers who suffer.

So, how do you insulate yourself?

• In critical areas, such as customer data, or financial services, choose experienced partners that are themselves profitable ventures – this always seems obvious in hindsight – stability counts
• Demand information on the company’s history, such as years in business, customer counts, and experience in your business category
• Ask them how long their average customer has been with them

The central theme here? Stability.

At PEX, our approach is a little different from other corporate card startups.  First off, we operate like a startup, but PEX has been in business for over a decade. The product is complete, not a beta, and one that scales with your business.  Want to replace cash and check reimbursement? No problem. Want API integration, real-time reporting, cardholder, and spending rules?  Also, no problem.  Because the product is built from the ground up to support your non-payroll expense needs, with cards, cardholder apps, and admin access anywhere, on virtually any device.

The other difference in our approach is a set of tenets that we operate under:

PEX Tenet 1: Serve All Clients

A pretty radical concept?  Or simply: achieve business goals by building products that scale with your customers.  Which is how PEX is profitable, and not reliant on playing with customer numbers to increase borrowing power.

PEX Tenet 2: Build For Service

It’s always us, never YOU. Even when it’s obviously you. It’s still us.  We succeed when our customers do.  

PEX Tenet 3: Stable Innovation  

Our approach to success means building our own payments stack, instead of a mashup of others’ service offerings.  It makes it easy and profitable to support businesses of every size and provides product and business stability. That means your employees can use your cards, 24/7, 365, whenever you need them.  

PEX Tenet 4: Easy as Pie

That’s easy as pie, not pi. There’s no formula to using the product, or to how we work together.  Easy integrations, streamlined interfaces, and real-time data.

PEX “Secret” Tenet 5: ???

Ha! There are NO secret tenets. Only transparency for your business, both in your spending, and how we work together.

Have any questions?  We’re here to help.  Reach out to speak with someone about moving your business to PEX.