Ramp Banking Cash Manager

Overview

Beta. This feature is currently in Beta.

Cash Manager is an automation that looks ahead at your upcoming Ramp spend and moves funds so your Checking Account maintains your target balance and has enough cash to cover scheduled bills, card statements, and reimbursements, and billing payments for subscription and fees.
Optional: When your balance is above your target, Cash Manager can sweep excess funds to your Investment Account to earn yield.

Key benefits

• Prevent missed Ramp payments due to insufficient funds
• Reduce manual transfers with proactive recommendations or automated movement
• Earn more yield by sweeping surplus cash back to your Investment Account (if enabled)

How cash manager works

Unified automation

Cash manager combines target balance and sweep rules into one automation:

• If your projected balance falls below your target, Cash Manager move funds ahead of time
• If your projected balance is above your target, Cash Manager can sweep excess funds to your Investment Account

Funding sources and timing

Primary funding source options:

• Investment Account (Managed or Self-Directed)
  • If you choose the Investment Account as your primary source, you can optionally add an external bank account as a backup source if the Investment Account does not have sufficient funds
• External bank account

Transfer timing

Cash Manager looks ahead based on your funding source:

Projection and scheduling logic

Ramp creates a short-term balance projection using:

• Upcoming Ramp card statement payments
• Scheduled and approved bills (unapproved bills can be toggled on under setting)
• Ramp reimbursements
• Billing payments for subscription and fees

When the primary source is the Investment Account, if projected T+2 balance falls below your target balance and upcoming Ramp spend, Cash Manager creates a recommended transfer on T (3:15 pm ET cutoff) so funds settle in time. If the Investment Account has insufficient funds, Ramp will recommend or initiate a backup external deposit.

Important timing callout: Cash Manager cannot cover payments scheduled too close to their due date due to settlement timings:
• Payments occurring within 2 business days (Investment Account)
• Payments occurring within 5 business days (external bank account)

For last-minute payments, you must manually ensure funds are available. We recommend sending a wire or RTP deposit or update the payment source of the payment. Cash Manager is designed to be proactive, but it needs advance notice to work within ACH and investment transfer settlement windows.

Example

• Target balance: $700,000
• Upcoming Ramp payments: $100,000
• Current Checking Account balance: $500,000

Ramp transfers $300,000 in ahead of time — first from your Investment Account, and if needed, from your backup external account. If you had enabled sweeps and your balance were $900,000, Ramp would move $100,000 back to your Investment Account to earn higher yield.

Forecast

What you’ll see

• In the Forecast tab , the table shows upcoming Ramp activities where the payment source is your Ramp Checking Account, such as bills, card statements, reimbursements.
• External withdrawals and external deposits are not automatically included because they happen outside of Ramp.
• Use the + icon in the top right of the Forecast tab to add a custom line item for expected off-Ramp cash activity, such as payroll, debt payments, or revenue so the forecast reflects your broader cash picture.
• You can set each custom line item as recurring or one-time.
• If there is historical data, you may also accept or modify custom line item suggestions.
• The table also calls out any projected shortfall and recommends moving money to cover it.

Who has access

• Forecast is available to all customers, even those without Cash Manager enabled

Controls

• Toggle whether to include unapproved bills in projections under Settings
• For customers with Cash Manager enabled, the banner also shows scheduled automations

Set up cash manager

1. Go to Banking → Automations
2. Click Create automation
3. Set your target balance

• Tip: This should be your estimated total off-Ramp spend such as payroll or loan payments

4. Choose your funding option

• Investment Account (optional with backup = external bank account
• External bank account

5. Click Save

Note: If you already have a legacy target balance or sweep automation, delete before enabling Cash Manager. Cash Manager encompasses target balance and sweep rules, with the addition of factoring in upcoming Ramp spend.

Callouts and nuances

Timing and settlement

• Investment Account funding aims to settle two business days before the payment
• External ACH funding aims to settle five business days before the payment
• Daily cutoff for creating day-of recommended transfers is 3:15 pm ET

Funding behavior

• When Investment account = primary source and external bank account = backup source:
  • If the Investment Account is insufficient, Cash Manager pulls funds from the external bank account
• When investment account = primary source with no backup source selected
  • If the Investment Account is insufficient, Ramp reminds businesses to send in a push payment (wire/RTP) to prevent missing payments

Frequently asked questions

• Do I need an Investment Account?
  • No. You can fund from an external bank account only. If you have both, we recommend using Investment Account as the default primary with external bank account as backup.
• Do external deposits and withdrawals show up in the Forecast tab automatically?
  • No. Forecast automatically includes Ramp activities funded from your Ramp Checking Account. To include off-Ramp cash activity, add a custom line item by clicking the + icon in the top right of the Forecast tab .