Relay

relayfi.com
Financial Management
Few Days

Online Business Banking | On The Money, All The Time

How to Replace Relay

Overview

Relay is a financial technology company providing small business banking services that combines banking, bill management, expense tracking, and invoicing into one unified platform. It offers complete cash flow clarity and control with FDIC-insured deposits through Thread Bank, enabling businesses to manage earnings, spending, and savings seamlessly.

Features

30 features across 12 categories

Automation(2)

AI-Powered Automation and InsightsAIPremium

AI-powered automation and insights to help save time and maximize margins in Scale plan

Customizable Bookkeeping AutomationPremium

Automated bookkeeping with customization options for Grow and Scale plans

Also in: monday.com, Notion, Airtable

Banking(5)

Credit Card Cash Back

Up to 1.5% cash back on credit card spending (varies by plan: 1% Starter, 1.25% Grow, 1.5% Scale)

High-Yield Savings Accounts

Savings with up to 2.68% Annual Percentage Yield (APY) on deposits

Multiple Checking Accounts

20 checking accounts in Starter and Grow plans, 50 accounts in Scale plan for meticulous organization

Virtual and Plastic Credit Cards

Up to 5 virtual and plastic credit cards per cardholder per credit account

Virtual and Plastic Debit Cards

Up to 50 virtual and plastic debit cards per cardholder per checking account

Bills & Expenses(3)

Batch Vendor PaymentsPremium

Ability to pay multiple vendors in batch in Grow and Scale plans

Bill Management

Bill creation, intake, and management with multi-step bill approval rules

Bill Payment AutomationPremium

Automated bill payment processing available in Scale plan

Collaboration(1)

Collaboration Tools

Safely delegate financial tasks to employees, bookkeepers, and accountants

Also in: Notion, Airtable, Obsidian

Expenses(4)

Customizable Cards with Spend Policies

Create customizable cards with built-in spend policies and controls

Expense Tracking

Control, track and reconcile all card spending with receipt storage for audit readiness

Receipt Collection & Storage

Automatic receipt collection and storage for expense management

Spend Approval RequestsPremium

Request and manage spend approvals from team members

Integrations(2)

Accounting Integrations

Integration with QuickBooks and Xero for seamless accounting synchronization

Partner PerksPremium

Special offers from Relay partners like Xero and Engine

Also in: ReadMe, Hugging Face, Setmore

Invoicing(5)

AI-Powered Invoice ReminderAIPremium

AI-powered automatic invoice reminders to improve payment collection

Auto Charge Card on FilePremium

Automatically charge customer payment methods on file for invoices

Invoicing

Invoice creation, tracking, and payment collection integrated with banking

Payment Request Links

Create and send payment request links to collect payments from customers

Recurring InvoicesPremium

Automatically generate and send recurring invoices

Also in: PayPal Business, Square, Acuity Scheduling

Payments(3)

ACH Debit

ACH debit payments with variable transaction fees based on plan (1% Starter, 0.75% Grow, 0.5% Scale, capped at $10)

Multiple Payment Methods

ACH, check, and wire payment options

Same-Day ACHPremium

10 free same-day ACH transactions per month in Scale plan

Also in: Lightspeed POS, Acuity Scheduling, Setmore

Pricing(1)

No Hidden Fees or Minimums

Transparent pricing with no hidden fees or account minimums

Reporting(1)

Cash Flow Insights & ForecastsPremium

Cash flow insights and forecasting tools to understand financial trends

Security(2)

FDIC Insurance

FDIC deposit insurance up to $3M for funds on deposit via Thread Bank

Visa Zero Liability Protection

Visa zero liability protection on debit and credit cards

Support(1)

Priority Customer SupportPremium

Faster customer support by phone and email for Scale plan customers

Pricing

Starter

Free
  • 20 checking accounts
  • Virtual and plastic debit cards (up to 50 per cardholder)
  • Virtual and plastic credit cards (up to 5 per cardholder)
  • 0.91% APY on savings accounts
  • 1% credit card cash back
  • Bill creation, intake & management
  • Customizable cards with built-in spend policies
  • Receipt collection & storage
  • Invoicing
  • Payment request links
  • Invoice creation & tracking
  • ACH debit +1% of transaction amount (capped at $10)
  • Accounting integrations (QuickBooks, Xero)
  • Collaboration tools

Grow

Popular
$30/mo
  • Everything in Starter
  • 20 checking accounts
  • 1.55% APY on savings accounts
  • 1.25% credit card cash back
  • Savings on payment fees
  • Multi-step bill approval rules
  • Customizable bookkeeping automation
  • Spend approval requests
  • Batch vendor payments
  • Recurring invoices
  • Auto charge card on file
  • ACH debit +0.75% of transaction amount (capped at $10)

Scale

$90/mo
  • Everything in Grow
  • 50 checking accounts
  • 2.68% APY on savings accounts
  • 1.5% credit card cash back
  • 10 free same-day ACH per month
  • Bill payment automation
  • ACH debit +0.5% of transaction amount (capped at $10)
  • AI-powered invoice reminder
  • Cash flow insights & forecasts
  • Partner perks (Xero, Engine)
  • Faster customer support by phone and email

Cost Calculator

Keep Paying Relay

Monthly$30/mo
Yearly$360/yr
5-Year Total$1.8k

Build It Yourself

Est. Build Time~3 hrs
Hosting$20/mo
DifficultyEasy

Total Cost Comparison

1 YearSave $120
SaaS
$360
DIY
$240
3 YearsSave $360
SaaS
$1.1k
DIY
$720
5 YearsSave $600
SaaS
$1.8k
DIY
$1.2k

DIY hosting estimate based on Vercel + Supabase free/pro tiers (~$20/mo). Build time estimated from 30 features at easy complexity.

Build vs Buy

Should you build a Relay alternative or buy the subscription? Estimate based on 30 features.

Buy Relay

Better Value
Monthly cost$300/mo
3-year total$10,800
Time to deployDays

Build Your Own

Development cost$24,000
Maintenance$360/mo
3-year total$36,960
Dev time~2 months

Buying Relay saves ~$26,160 over 3 years vs building.

Estimates based on 30 features and a BuildScore of 4/5. Actual costs vary.

Integrations

3 known integrations