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. ⤵
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The financial platform for your global ambition. Global spend & expense management solution.
Airwallex is our top pick for managing international payments and multi-currency business operations.
It’’s a full-stack financial platform built for global business. With Airwallex, you can spin up local business accounts in multiple currencies, pay contractors around the world, hold and spend money without being forced into conversions, and manage team expenses all from one dashboard.
We’ve used it ourselves, and the experience couldn’t have been easier. The first time we paid our Australian video editor through Airwallex, he simply sent us a US-based bank account (powered by Airwallex), and we paid him in USD like he lived down the street. No FX headaches. No clunky setup. It just worked.
If you have vendors or customers oversea's, Airwallex is seriously a must-have for your business. Instead of piecing together tools like Wise, PayPal, your bank, expense management solutions, and virtual cards, Airwallex takes care of ALL of it for you.
And the best part? Business accounts are free, so go ahead and sign-up for an account.
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).
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