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PEX description
PEX is a financial platform that provides businesses with spend management tools through prepaid, credit, and virtual cards. It helps you control employee expenses, automate vendor payments, and manage grant disbursements. PEX offers features like customizable card controls, real-time transaction tracking, and integrations with accounting software. Its focus is on simplifying financial processes and providing transparency for businesses of all sizes, with a strong emphasis on specific industry needs like non-profits, education, and the gig economy.
Who is PEX best for
PEX is a spend management platform ideal for small to medium-sized businesses (SMBs) across diverse industries, including retail, hospitality, and non-profits. Users praise its real-time expense tracking, custom card controls, and seamless receipt uploads. However, some have noted slow ACH transfers and occasional integration issues. PEX simplifies expense management with features like virtual cards, automated vendor payments, and accounting software integrations.
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Best fit for small to medium-sized businesses.
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Ideal for businesses in various sectors, including retail, e-commerce, and non-profits.
PEX features
Supported PEX offers physical cards for expense management, including shipping options. |
Supported PEX offers real-time expense tracking, giving instant visibility into spending. |
Supported PEX integrates with QuickBooks and other accounting software for automatic expense management. |
Supported PEX offers virtual cards with instant issuing, flexible usage, and spend controls. |
Supported PEX offers tools for managing employee expenses, including real-time tracking and spending limits. |
Supported PEX issues corporate cards integrated with expense management software, including real-time tracking and spend controls. |
Supported PEX automates vendor payments with virtual cards, auto-funding, and real-time tracking. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
PEX reviews
We've summarised 83 PEX reviews (PEX TrustPilot reviews, PEX Capterra reviews and PEX G2 reviews) and summarised the main points below.
- Real-time transaction tracking and spend controls provide excellent visibility into company expenses.
- Customizable card controls and spending limits empower employees while maintaining financial control.
- Easy receipt uploads and expense coding streamline accounting processes.
- Simple card management, including activating/deactivating cards and transferring funds.
- Excellent customer support, particularly account managers, praised for responsiveness and helpfulness.
- Slow ACH transfers (1-4 business days) can be inconvenient, especially for time-sensitive purchases.
- Some users report issues with QuickBooks integration.
- Occasional reports of cards being declined at approved vendors.
- Limited cash withdrawal options; prepaid cards unsuitable for cash-only vendors.
- Some users find the interface less intuitive than expected, especially for new features.
PEX pricing
The commentary is based on 7 reviews from PEX Capterra reviews and PEX G2 reviews.
PEX's pricing is considered fair and competitive. While some users mention the cost of instant ACH transfers, the standard ACH is free and takes only a few business days. Overall, the pricing doesn't seem to be a major concern for most users.
Users sentiment
See the PEX pricing page.
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PEX has a free plan.
Monthly subscription fee waived for spending over $50,000. Includes up to 5 free card accounts and $8 for additional cards.
Monthly subscription fee waived for spending over $50,000. Includes up to 20 free card accounts and $4 for additional cards.
Monthly subscription fee waived for spending over $50,000. Includes up to 100 free card accounts and $2 for additional cards.
Monthly subscription fee waived for spending over $25,000. Includes up to 5 free card accounts and $8 for additional cards.
Monthly subscription fee waived for spending over $25,000. Includes up to 20 free card accounts and $1.60 for additional cards.
Monthly subscription fee waived for spending over $25,000. Includes up to 100 free card accounts and $0.80 for additional cards.
PEX alternatives
PEX FAQ
PEX is a spend management platform offering prepaid, credit, and virtual cards. It helps businesses control expenses, automate vendor payments, and manage disbursements. With features like real-time tracking, customizable card controls, and accounting integrations, PEX simplifies financial processes and increases transparency.
What is PEX and what does PEX do?
PEX is a spend management platform offering prepaid, credit, and virtual cards. It helps businesses control expenses, automate vendor payments, and manage disbursements. With features like real-time tracking, customizable card controls, and accounting integrations, PEX simplifies financial processes and increases transparency.
PEX integrates with accounting software like QuickBooks, enabling automated expense management. It also offers features like virtual cards with instant issuing and customizable card controls, streamlining vendor payments and simplifying reconciliation.
How does PEX integrate with other tools?
PEX integrates with accounting software like QuickBooks, enabling automated expense management. It also offers features like virtual cards with instant issuing and customizable card controls, streamlining vendor payments and simplifying reconciliation.
PEX competitors include Airbase, Extend, and SAP Concur. These platforms offer similar spend management features, such as virtual cards, expense tracking, and accounting integrations. While PEX focuses on simplifying financial processes, its competitors target broader business needs, including travel expenses and procurement workflows.
What the main competitors of PEX?
PEX competitors include Airbase, Extend, and SAP Concur. These platforms offer similar spend management features, such as virtual cards, expense tracking, and accounting integrations. While PEX focuses on simplifying financial processes, its competitors target broader business needs, including travel expenses and procurement workflows.
Yes, PEX is a legitimate financial platform offering spend management tools. It provides features like customizable card controls, real-time expense tracking, and accounting software integrations. Users praise PEX for its excellent customer support and streamlined expense management. However, some users experience slow ACH transfers and occasional issues with QuickBooks integration.
Is PEX legit?
Yes, PEX is a legitimate financial platform offering spend management tools. It provides features like customizable card controls, real-time expense tracking, and accounting software integrations. Users praise PEX for its excellent customer support and streamlined expense management. However, some users experience slow ACH transfers and occasional issues with QuickBooks integration.
PEX pricing varies by plan and organization type. Businesses can choose between Base (free with minimum spend), Core ($75/month), and Pro ($200/month). Nonprofit pricing is lower. Additional cards incur extra fees per plan. Is PEX worth it? It depends on your spending and needs.
How much does PEX cost?
PEX pricing varies by plan and organization type. Businesses can choose between Base (free with minimum spend), Core ($75/month), and Pro ($200/month). Nonprofit pricing is lower. Additional cards incur extra fees per plan. Is PEX worth it? It depends on your spending and needs.
PEX customer service receives mixed reviews. While some users praise the helpfulness and responsiveness of their account managers and support staff, others report slow response times, difficulty getting answers, and a disconnect between sales and support teams. Several positive comments highlight responsiveness and a "good turnaround time."
Is PEX customer service good?
PEX customer service receives mixed reviews. While some users praise the helpfulness and responsiveness of their account managers and support staff, others report slow response times, difficulty getting answers, and a disconnect between sales and support teams. Several positive comments highlight responsiveness and a "good turnaround time."
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
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