Case Study: Lemonade streamlines global spend and reconciliation with Brex

Lemonade streamlines global spend and avoids FX fees with Brex

Lemonade, a full-stack insurance carrier, faced challenges managing multi-entity global spend across three different vendors. This manual process consumed significant time for their finance team and created inconsistent experiences for employees in different regions. They needed a single platform to streamline expense management and automate reconciliation for their global team.

By implementing Brex's global card and expense management platform, Lemonade consolidated its spending programs. The solution provided automated reconciliation, local currency payments from local bank accounts, and a unified dashboard for visibility. As a result, Brex helped Lemonade save on foreign exchange fees, minimize exposure to currency swings, and dramatically reduce the time required to close its books.

Lemonade