We believe there are better options available in this category, read below to learn what this software does well, and what they could do better. ⤵
The financial platform for your global ambition. Global spend & expense management solution.
Airwallex is the best global payments platform.
We work with contractors around the world, and whenever they have an Airwallex USD bank account for us to pay, it not only makes them far more professional, but it also makes our job way easier.
If you have a business that needs to make payments globally to individuals and businesses, Airwallex has you covered.
Airwallex allows you to spin up virtual cards in your business and spend in multi-currency, so you can have one on file for each expense. Like many of the best expense management solutions on the market, they do an incredible job at that, and work globally, unlike others mentioned on the list. So especially if you're based outside of the US, and have multi-currency needs, Airwallex is going to be your best bet.
Unlike other expense management solutions on the market focused primarily USD needs, Airwallex handles company spend across multi-currency needs.
The spend management platform for small and mid-size teams (customizable virtual cards, budgeting, auto-reconciling, and expense reimbursement).
Expensify is one of the original expense management solutions on the market. We actually used Expensify for the first few years in business (more recently switching to Divvy).
It started as a simple invoice/receipt scraping tool that you'd forward your receipts into [email protected] via email, and it would pull out all of the details, learn from past classifications, and sync that over to your accounting software like QBO or Xero.
They have more recently moved into the virtual credit card experience, realizing that if the charge starts with a virtual credit card, all the categorization is way more consistent and seamless (whereas that's where Divvy, Brex, and Ramp all started).