Ramp Software

Video Overview

Key Features

Corporate Cards:

• Ramp offers unlimited physical and virtual corporate cards with built-in spend controls, running on the Visa network that is accepted in 200+ countries. Cards include cashback rewards with no personal credit checks or guarantees.

• Admins can set custom restrictions by merchant, category, or dollar amount to prevent out-of-policy spending before it happens.

• Employees can submit expenses via SMS, mobile app, or through integrations like Gmail and Lyft. Automated reminders handle missing receipts and employee repayments.

Expense & Spend Management:

• Ramp supports expense management by automatically capturing receipts, filling memos, and coding transactions the moment a card is swiped.
• The platform enforces spend policies with built-in guardrails, setting submission requirements, spend limits, and automatically blocking risky merchants.

Accounts Payable:

• Ramp Bill Pay provides AP automation features such as AI agents that can auto-code invoices, detect anomalies, route approvals, and even execute payments with minimal manual intervention.
• The platform utilizes OCR technology to capture invoice details automatically and analyzes historical patterns to streamline coding and approvals.

Business Travel:

• Ramp Travel lets employees book flights and hotels from Priceline’s inventory with up to 50% savings and zero platform fees.
• Customizable travel policies are built directly into the booking experience with limits for per diems, hotel, and local market rates.

Procurement:

• Ramp Procurement streamlines the entire intake-to-pay process, making purchase requests and approvals 3x faster.
• AI can parse contracts and screenshots to auto-fill request forms and route approvals to the right stakeholders based on custom rules.
• The platform includes automated three-way matching to reconcile invoices against purchase orders and item receipts to prevent overbilling and fraud.

Accounting Automation & Integrations:

• Ramp’s AI can code, review, and sync all transactions to your ERP continuously throughout the month.
• The platform auto-syncs routine spending with a full audit trail, while uncovering only the transactions that need human review.
• Built-in accruals and reconciliation features keep books audit-ready, and real-time syncs support 30+ ERPs, including NetSuite, QuickBooks, Xero, Sage Intacct, and Workday—with support for multi-entity, multi-currency, and custom fields.

Ramp Pricing

Ramp’s base plan is free to use with unlimited cards, expense policy enforcement, invoice extraction, and more. Its second plan, Ramp Plus, is $15/user/month with a platform fee based on team size. Ramp Enterprise, built for large corporations, is quote-based.