Ramp

Ramp Overview

Ramp is a holistic financial operations platform that simplifies corporate expenditure management by unifying expense tracking, procurement, accounting automation, and bill payments within a user-friendly interface. It enables finance departments to automate routine activities like transaction categorization, invoice handling, and approval chains, leading to quicker financial closings and enhanced oversight. The platform integrates smoothly with major accounting and ERP systems, assisting businesses in lowering expenses, upholding spending rules, and refining vendor interactions.

Core Capabilities

Corporate Card Administration

Generate an unlimited number of virtual and physical company cards featuring adjustable spending caps and integrated controls to maintain adherence to corporate expense guidelines.

Automated Accounting and Expense Handling

Effortlessly capture receipts, categorize transactions, and synchronize spending data instantly with accounting software such as QuickBooks, NetSuite, and Xero to speed up period-end reconciliation.

Accounts Payable Streamlining

Utilize AI-based invoice reading, automated approval processes, and batch payment systems to simplify invoice management and minimize human error.

Procurement and Supplier Oversight

Centralize supplier registration, purchase order creation, and contract rate assessments to manage expenditures and enhance procurement effectiveness.

Integrated Travel Booking and Expenses

Reserve compliant business travel with no extra charges, automate expense reporting during journeys, and seamlessly incorporate travel costs into the Ramp system.

Real-Time Expenditure Monitoring and Restrictions

Access valuable analytics through instant notifications, spending overview dashboards, and policy enforcement to avoid non-compliant spending and better manage budgets.

Application Scenarios

Enhancing Finance Team Productivity: Automate repetitive accounting and accounts payable duties to accelerate book closing and decrease reconciliation efforts, allowing finance staff to concentrate on strategic goals.

Upholding Expense Policies: Automatically implement company spending rules via card restrictions and approval sequences to block unapproved purchases.

Streamlining Vendor and Invoice Oversight: Improve supplier payment processes and invoice approvals using AI automation, decreasing delayed payments and strengthening supplier partnerships.

Managing Travel and Expenses: Simplify business travel arrangements and expense reporting with built-in tools that guarantee policy compliance and automate receipt association.

Optimizing Procurement: Centralize purchase order management, approvals, and supplier agreements to lower costs and increase transparency in procurement.