PEX

Overview

PEX is a financial technology company based in the United States, founded in 2006, that specializes in providing streamlined financial solutions primarily for non-profit organizations and small businesses. With an employee size ranging from 51 to 200, PEX focuses on simplifying budgeting and accounting processes through its prepaid card platform, which is designed to enhance financial management efficiency. A case study featuring Skeehan & Young, an accounting and finance service provider, highlights the benefits of using PEX. The platform allows users to manage finances with greater ease, reducing administrative burdens associated with traditional credit card systems. PEX cards enable spend and fund controls on a per-card basis, facilitating better tracking and accountability for financial transactions. The integration of PEX with accounting software, such as Daxko, further enhances its utility by allowing for bulk transaction imports, thereby saving significant time during monthly financial close processes. Overall, PEX aims to empower organizations to focus on their core missions by alleviating the complexities of financial management.

Industry