Yes, Ramp can replace the need for an expense management system, saving you both time and money along the way!
At Ramp, we believe that getting rid of expense reports will save your users and finance teams countless hours and help you maintain real time visibility into company spend. No more surprises and awkward conversations. No more incorrect coding. No more chasing after people. Ramp does it all for you.
Automated Expense Policy. Ramp easily allows you to issue cards and set specific limits by card to control how much your employees are spending. You can require receipts and spend justification via memos directly within Ramp that align with your company’s policies. Employees are prompted to text or email their receipts after a purchase is made, and Ramp will automatically match and store them with the appropriate transaction -- no extra work needed to approve transactions or chase down employees for receipts at the end of the month.
Advanced Card Controls. Concerned about issuing employees a card? We get it. That’s why we’re launching Advanced Card Controls. Now you can issue the right card for the job, be it a per diem card, a non recurring limit for onboarding, or a recurring monthly limit for regular spenders. Individuals can also request cards from their managers or administrators for any company purchases or trips that they have coming up. Best of all, you can make any changes in real time from your dashboard.
For anything that can't be put on the card, we've built Ramp Reimbursements to reimburse employees directly from Ramp. Read more about this here: https://ramp.com/reimbursements