
Pedro Franceschi
@pedroh96 • 27,349 subscribers
Founder & CEO @BrexHQ, helping 35k+ companies (from startups to the largest companies on the planet) to spend smarter and move faster.
Shorts
Videos

AI spend is now one of the fastest-growing line items at every company, but here's the problem: it's invisible to traditional spend management. We experienced this firsthand at Brex, so we built Magpie: an internal tool that sources and normalizes AI spend across every vendor so we can break it down by model, customer, employee, and workflow. What Magpie has already unlocked: → ~85% cost reduction on an audit agent through prompt caching → Real customer cost-to-serve numbers that inform pricing and margin → Model routing governance we couldn't enforce before → A surprise: operational AI is much cheaper than we assumed So why is AI spend so hard to track? Because each one exposes usage data differently (some not at all). At Brex, tool-use costs weren't tracked alongside tokens, customer attribution was inconsistent, and a meaningful chunk of our daily AI spend was unattributable. Now with Magpie, we have reliable visibility. AI spend is more complex than anything finance teams have had to manage before, and it's exactly the kind of problem Brex is built to solve, shaping how we think about the future of our platform. More below.
Pedro Franceschi27,477 views • 6 days ago

Today we’re announcing our 24’ Summer release at Brex! ☀️ AI-powered accounting with continuous close (first software ever to do so), two completely redesigned products, and a blazing-fast new UI with 100+ improvements that make Brex the most powerful *and* simple it’s ever been Six years ago, we started Brex as a corporate card designed by a tech company, not a bank. We grew quickly along with our customers, and built so many products as they scaled – like global capabilities, robust expense policies, live budgets and more. Our product depth is why 120+ public companies rely on Brex every day to run their businesses. But back in December, we decided to look inward. We realized that building so much, so quickly, sometimes came at odds with our original vision of simplicity. We made our main priority for this year to deliver not just the most powerful spend platform on the planet, but also the most simple, thoughtful and delightful user experience for founders and Finance teams. We had to completely change how we run the company to make this release happen and I’m so proud to share it with you–as it’s our largest and most polished release to date. Key highlights: 📕 A new AI-based accounting workflow that allows customers to achieve continuous close and close the books every day – the nirvana of accounting. 💳 A new Card Control Center that makes it easy to manage cards and limits at scale (whether you have 5 or 50,000 cards), as well as spend requests that replace janky PO workflows. 💵 Bill Pay with AI-based line itemization, multi-entity support, and the ability to pay bills by card, earning rewards and cashback on spend that was previously going through ACH. 🔎 Redesigned tables, with consistent and blazing-fast responsiveness on filtering, pagination, grouping, sorting, as well as LLM-based search that is 400% faster. 🚀 100+ other updates, such as AI-powered Slack integration, account co-branding, audit trails, sandbox mode, stable credit limits, a new security hub and much more.
Pedro Franceschi147,393 views • 2 years ago

Brex just crossed $100B+ in run-rate TPV across all products. From 1 in 3 US startups, to the most important AI companies, to the largest companies on the planet, we're proud to help customers spend smarter and move faster. May was our strongest month ever: here’s what happened 🧵
Pedro Franceschi61,653 views • 1 year ago

Today, I’m thrilled to unveil Brex 's 2025 Spring Release 🌱, bringing a whole new level of customization and control to every Brex user, from founders to finance teams. It’s our fourth major release since Brex 3.0, and we continue to relentlessly raise the bar for quality and polish. Here’s a preview – I can’t wait for you to try it! ➡️ New custom fields: Now the data from your business systems syncs natively with Brex, so you can use any field from your ERP or HRIS to provision cards, change your policy, or automate accounting. ➡️ New custom roles: Customize user roles to match how you operate, giving teams exactly the permissions they need to do their jobs efficiently and securely. ➡ New AI policy engine: Create one universal policy with scenario-specific rules for departments, levels, entities, countries, and more using AI. Brex will intelligently apply it to every transaction — from bill payments to cards. ➡️ New admin home: Monitor your key financial metrics, such as balances, changes in cash flow, spend insights, and rewards, in one place — and take any action you need on Brex with one click. ➡️ New invoicing: We’ve also built easy invoicing right into your Brex business account! Send invoices, track payments, and get paid even faster if your customer pays you from their own Brex business account ;) 💸 ➡️ AI-assisted vendor management: Automate TIN/W-9 collection using AI and have everything you need to file taxes when it’s time. And these are just a few of the 50+ updates in the 2025 Spring Release 🔥. Check it out! ⤵️
Pedro Franceschi61,731 views • 1 year ago

Today, we’re announcing Brex’s 2025 Summer Release. Before Brex, founders and finance teams have always had to choose between speed and controls: Speed without control kills performance. Control without speed kills momentum. This release unlocks both. Here's how 🧵
Pedro Franceschi33,512 views • 11 months ago
No more content to load