Source: fintechmagazine

Finance platform Brex has collaborated with procurement orchestration leader Zip to introduce Brex for Zip, a solution integrating Brex’s global card capabilities into Zip’s procurement workflow.

This synergy allows enterprises to streamline purchasing, avoid unauthorised expenditures, and gain comprehensive visibility throughout the procurement and spend lifecycle.

Rujul Zaparde, Co-Founder and CEO of Zip, states: “At Zip, we are committed to pushing the boundaries of what is possible with procurement technology so that we can empower finance and procurement leaders to mitigate risk, drive growth and increase control over spend – at a time when doing so has never been more critical.”

Pedro Franceschi, CEO of Brex, explains: “At Brex, our goal is to empower businesses to spend smarter and move faster. Brex for Zip represents a significant leap forward in achieving that goal by creating a truly unified ecosystem and removing barriers for both finance and procurement leaders—helping them stay more connected than ever. By directly integrating Brex’s global card into Zip’s procurement platform, we’re eliminating the friction of outdated systems and giving businesses the visibility, control, and speed they need.”

Adam Dix, Head of Financial Operations at Anthropic, comments: “As a longtime customer of both Brex and Zip, we’ve experienced how each platform transformed our financial operations and procurement processes respectively. The integration of these two best-in-class solutions is exactly what we’ve been waiting for. Bringing together Brex’s powerful global card capabilities with Zip’s intuitive procurement workflows will eliminate manual reconciliation work currently consuming hours of our team’s time each week. We’re excited to be among the first to implement this game-changing solution.”