Ramp is a finance automation platform that integrates corporate card management, accounts payable, and expense reporting into a single solution, significantly reducing manual processes. By automating expense tracking and approval workflows, Ramp enables finance teams to save millions of hours and streamline their operations.
Funding
$150M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+16Founders
Product
Problem
Many finance teams struggle with fragmented systems for corporate card management, accounts payable, and expense reporting, leading to manual data entry, time-consuming reconciliation processes, and limited visibility into company spending. This often results in wasted time, increased errors, and difficulty enforcing spending policies.
Solution
Ramp offers a unified finance automation platform that consolidates corporate card management, accounts payable (AP), expense reporting, procurement, and travel booking into a single, integrated solution. By automating tasks such as receipt matching, expense coding, and approval workflows, Ramp reduces manual work and streamlines financial operations. The platform provides real-time visibility into spending patterns, helps enforce company policies, and integrates with existing accounting systems. Ramp leverages AI to learn from spending patterns, identify potential errors, and provide insights for cost optimization.
Target Audience
Ramp primarily targets finance teams at startups, mid-sized businesses, and enterprises seeking to streamline their financial operations, reduce manual processes, and gain better control over company spending.
Features
- Corporate cards with built-in spend controls and automated expense tracking
- Automated receipt matching and expense report generation using AI
- Accounts payable automation with bill processing and approval workflows
- Procurement module for managing purchase requests and vendor relationships
- Integrated travel booking platform with policy enforcement
- Real-time spend visibility and analytics dashboards
- Seamless integration with popular accounting software like NetSuite
- Automated compliance checks and audit trails
- Global payments and employee reimbursement in multiple currencies