Brex Inc., a prominent corporate card and spend platform provider, has implemented Moody’s Lending Suite to enhance its financial operations. The company aimed to streamline processes, reduce errors, and integrate seamlessly with existing tools. This move is part of Brex's strategy to equip its operations team with advanced technology for improved decision-making.

Moody’s Lending Suite offers credit assessment and automated spreading solutions that aid in financial analysis and automate the preparation of financial statements. This integration allows Brex to maintain reliable data for underwriting and analysis, simplifying workflows by eliminating manual data transfers.

Brex intends to leverage AI-driven insights for optimizing client experiences, aiming for personalized service offerings. The adoption of Moody’s solutions has significantly reduced manual data processing time, enabling scalable financial operations capable of handling large volumes of data efficiently.

The improvements in speed and decision-making allow Brex to provide faster and more reliable services. The ability to quickly assess financial health and allocate credit limits is now a key aspect of Brex's offerings, distinguishing it in the competitive fintech sector.

Marcela Gelhoren, Credit Senior Manager at Brex Inc., stated: “Moody’s lending solutions have been instrumental in transforming our financial operations, enabling us to achieve unparalleled efficiency. The implementation of automated spreading not only streamlined our processes but also empowered our team to deliver superior financial services to our clients. We are now better equipped to support the ambitious growth of the businesses we serve, thanks to the reliability and innovation of Moody’s products.”