Divvy and Zeni offer expense management software that https://www.theclintoncourier.net/2025/12/19/main-advantages-of-accounting-services-for-startups/ can connect seamlessly with the corporate credit cards. BILL offers a flexible credit line with employee subaccounts (the BILL Divvy Corporate Card), plus powerful budgeting and expense management tools. Venture X offers a variety of travel rewards programs, and rewards never expire.
American Express Business Gold Card
- It offers a flat cashback rate of 1.75% on all purchases, regardless of category.
- 2The BILL Divvy Card may be issued by one of Divvy Pay, LLC’s bank partners.
- By using software that ties directly to your business credit card, you can eliminate these cumbersome processes, saving you time and money.
- Brex, Ramp, Stripe, and Zeni offer zero foreign transaction fees for purchases made outside of the United States.
- Xero customers now benefit from a full card transaction sync with BILL Spend & Expense!
These partnerships can be valuable depending on your tech stack and vendor list. They also may offer balance transfers, access to additional financial resources, exclusive sign-up offers, introductory APRs, and more. Brex also states that it reports your company’s payment history to at least one major credit reporting agency, but there’s no way to know which one it’ll be ahead of time.
Main Menu v2 – Professional Services
- Whether you use vertical-specific software or unique accounting workflows, you can move financial data with ease.
- Draft bills won’t enter the next stage of your AP workflow (approvals, payments, sync) until they’ve been converted to a bill.
- You may also qualify for secured credit lines, those that require a security deposit when you open an account.
- Within a parent group, owners can establish budget subgroups based on business needs and maintain visibility across the company.
- Brex is the better option if you’re growing fast and want access to higher limits without reapplying.
- Even if you fit the requirements for Brex, we recommend using Ramp instead.
You will see a running tally of how much each team or project has used, how much is left, and who’s spending it. Alerts notify managers as budgets are depleted, giving you constant oversight. If you’re looking for strong budgeting tools and clean expense workflows, both Brex and Bill deliver, just in very different ways. Your decision depends on whether you want automation with flexibility or pre-set control and structure. Effortlessly sync transactions between BILL Spend & Expense and your accounting system, eliminating the need for manual toggling.
Special features comparison
BILL Spend & Expense eliminates the need for your client’s employees to make purchases out of accounting services for startups their own pockets on behalf of the company and seek reimbursement. But sometimes life happens, and a reimbursement is still necessary. Your client’s employees can easily request a reimbursement from a specific budget (as long as it’s assigned to them) and attach a receipt to the budget request in the Spend & Expense app.
Payroll
The advent of automation in traditionally time consuming accounting tasks has led many firms to move away from hourly billing to a more value-based model. Learn more in our guide on How to price spend management services. Both providers determine credit limits based on business revenue, bank account activity, and credit history. Both offer credit limit increases based on payment history and spending patterns with similar review processes.
Application & Qualification
Startups that want a national bank that offers multiple services and businesses that can meet requirements to minimize fees are a good fit for Bank of America. The company provides personal and business banking services, wealth management, and trust services to customers. A review of business credit card options for startup businesses. BILL Spend & Expense, AP automation and AR automation improves productivity and reduces administrative burdens for all these firms. Pay and get paid by ACH, check, credit card, international wire transfer, and more. BILL AI predicts, extracts, and codes data to speed up vendor search, flag duplicates, and improve invoice accuracy for you and your clients.
