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"The Total Economic Impact of Brex” reported by Forrester

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Our mission is to reimagine financial systems so every growing company can reach their full potential. But it’s not enough to simply have that as a goal. We wanted to dig into the numbers and find out exactly how we’re serving our customers, so we can continue to improve. 

That’s why we commissioned Forrester Consulting, a leading third-party research firm, to conduct a Total Economic Impact™ (TEI) study. This study would provide concrete data, including average time saved per month and overall return on investment (ROI). 

To better understand the benefits, costs, and risks associated with this investment, Forrester interviewed six customers using Brex corporate cards. Prior to using Brex, the customers used a mix of automated clearing house (ACH) scheduled payments and personally guaranteed, consumer-oriented credit cards with cumbersome back-end expense processes and management technology. By switching to Brex, customers started building business credit immediately and realized increased accounting and management productivity, cash equivalent rewards, and a reduction in expense report fraud. Brex also provided easy access to real-time spend information promoting user flexibility as well as user controls. 

Forrester reported the following key findings:

  • $2.6M in quantifiable benefits using Brex over 3 years
  • 490% ROI over 3 years
  • $446,514 value of rewards realized over 3 years

To learn more about the time and money Brex can save your business, check out the full report.

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©2020 Brex Inc. “Brex” and the Brex logo are registered trademarks.The Brex Mastercard® Corporate Credit Card is issued by Emigrant Bank, Member FDIC. Terms and conditions apply. See the Brex Platform Agreement for details.Brex Inc. provides a corporate card. Brex Treasury LLC is an affiliated SEC-registered broker-dealer and member of FINRA and SIPC that provides Brex Cash, a program that allows customers to sweep uninvested cash balances into certain money market mutual funds or FDIC-insured program bank accounts. Investing in securities products involves risk, including possible loss of principal. Neither Brex Inc. nor any of its affiliates is a bank. Please see brex.com/cash for important legal disclosures.