Brex vs MileIQ

Brex is a spend-management platform for companies, with tools for spending policies, expense automation and budget tracking. Policies can vary by use case, level, department or entity, and selected merchants or categories can be blocked or made subject to approval. Expense automation can collect documents, prepare memos, populate fields, assign departments and GL codes, and match receipts using OCR across languages and currencies. Live Budgets lets department heads allocate spending to people or teams and track usage in real time; Brex AI can flag anomalous activity. Accounting features include QuickBooks and NetSuite integrations, along with suggested GL coding rules and mappings. Reimbursements can be sent to local currencies and bank accounts across 40 countries, without per-transaction reimbursement fees. The mobile app supports expense tracking, travel booking and management, spend-limit requests and payments. Brex lists thousands of native integrations, including Slack, Rippling, Workday and Xero. Essentials is free and supports up to two entities. Premium is $12 a month; Enterprise pricing is custom.

MileIQ automatically tracks mileage and creates reports for tax records or reimbursements. Drivers can mark drives as business or personal with a swipe, or classify them using Work Hours, Named Locations, and Frequent Drives. They can submit mileage reports with a tap, export them as PDF or CSV, and email them to a manager, accountant, or themselves. MileIQ for Teams adds a web dashboard where administrators can review drives and approve or reject them. The Free plan includes 40 drives each month, automatic tracking, and auto-generated reports. Paid plans start at $8 per user per month, billed monthly; Teams Pro includes a 30-day free trial with no credit card required. MileIQ says it does not sell user data, and administrators only see drives included in reports submitted by drivers. It stores drive data for up to seven years for mileage records in case of an IRS audit. MileIQ is available on Android, iOS, and web, and does not offer live location tracking.