New launch | Global, Reimbursements

July 2023

Locally funded reimbursements

Locally-funded reimbursements now allow global entities to process and fund their local reimbursements in local currency without involving the US parent. Local entities can set a periodic cadence for reimbursement billing, get a bill automatically generated at that cadence, and have it sent to the admin. Brex enables local collections and local payouts for sub-entity’s reimbursements, with billing, categorizing, and funding in local currency. Learn more in this help article.

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