Cardholders may find other articles in the Ramp overview section to be more applicable.
Overview
Ramp is designed to streamline and upgrade your current expense management process, providing a more efficient and cost-effective solution for your business. Ramp is not just an alternative but an upgrade to your current expense management system, designed to save you time, reduce costs, and provide a more transparent view of your overall spending.
How it works
Eliminating expense reports for efficiency and transparency.
Ramp eradicates the need for traditional expense reports, freeing your staff and finance team from the burdensome and time-consuming task of tracking and managing expenses manually. With Ramp, unexpected costs and the hassle of correcting mistakes are things of the past. Say goodbye to the drudgery of pursuing employees for documentation—Ramp simplifies expense management and provides instant visibility into your company's expenditures.
Streamlined expense policies with automation.
Our automated system empowers you to issue company cards with individualized spending limits that reflect your business's specific budgetary guidelines. Ramp prompts employees to submit receipts and explanations for their spending, ensuring compliance with your company's financial controls. As soon as a purchase is made, employees can send their receipts via text or email. Ramp takes care of the rest, pairing receipts with the right transaction automatically, eliminating the manual approval of expenses and the end-of-month rush to gather receipts.
Innovative card controls for enhanced security.
The thought of distributing company cards may raise concerns, but our Advanced Card Controls address these worries head-on. Our flexible card options match the diverse needs of your business, including single-use cards for specific events, cards with one-time spending limits for initial expenses, and cards with recurring monthly limits for ongoing costs. Employees can request cards for upcoming business expenses or travel, and you can adjust settings instantly through your Ramp dashboard, giving you complete control over company spending.
Integrated reimbursements for non-card expenses. Any expenses that cannot be charged to a card are effortlessly managed with Ramp Reimbursements. This feature allows for direct employee reimbursements through Ramp, ensuring a seamless process for both employees and the finance team. Learn more about how Ramp Reimbursements work here.