Ramp

Ramp is a comprehensive AP tool that includes corporate cards, expense tracking, and bill payments in one platform. There’s no need to struggle with spreadsheets and manual reconciliations and expense reports. Ramp focuses on automation and provides real-time expense data, so you can catch overspending immediately.

Ramp is quick and easy to set up, with the typical turnaround time being 4-6 weeks. We manage the full implementation process, including accounting integration, card policy setup, and workflow configuration. What’s more, we provide team training and ensure that there is virtually no disruption to your finance operations.

Yes. Ramp integrates with Sage Intacct and QuickBooks Online. It automatically syncs expenses and card transactions to your general ledger. Reconciliation and financial reporting are automated and streamlined. It’s our job to ensure accurate mapping to General Ledger codes and vendor records. Automation reduces manual entries and increases accuracy.

We are a certified Ramp Professional Services Partner, implementing Ramp for clients who use QuickBooks or Intacct. Not only do we manage setup, integrations, approval policies, and team training, but we also provide post-launch support and optimization. We’re there at the beginning, ensuring that your finance system is correctly configured and efficient from the get-go.

Ramp delivers some pretty impressive results. Let’s start with over 40 hours saved per month as automation in reporting and matching replaces old manual systems. Don’t take our word for it. Consider a case study that looks at real life results for one of our clients, Webflow. Webflow reported 75% less time spent on card reconciliations, as well as faster month-end close. 

Ramp users also benefit from a 5% reduction in spend thanks to intuitive controls, insights, and real-time alerts. Savings result from eliminating duplicate costs and identifying unnecessary or wasted expenses. 

Enjoy improved efficiency as a single central system consolidates cards, spend controls, approvals, and accounting into one platform. This replaces a mess of multiple disconnected finance tools. 

Ramp also supports global ready workflows for international operations and facilitates quick onboarding for new staff. This saves time and improves productivity as they can assume their roles fully with less palaver.

Ramp has some nifty solutions to control excess spending on cards and expenses in general. First off, you enjoy unlimited virtual and physical cards with merchant and category limits. And, you automatically earn 1.5% cash back on all spending. 

Mobile accessibility and automation enable you to capture receipts on mobile devices, with automatic matching and posting, which saves time and increases efficiency. Efficiency is further enhanced and costs reduced with insights that flag duplicate vendors and unused subscriptions. 

Access to data is limited by role-based permissions, which can be set by entity and department. Limited authorization ensures the safety and integrity of sensitive financial data.

You can also set up real-time policy alerts so you’re properly prepared for the month-end. Timely alerts also prevent out of policy charges.

Ramp’s system enables you to upload vendor invoices and set route approvals by threshold and policy. You can pay by check or direct ACH transfer between banks from one central workspace. 

All transactions are synced to your accounting software , so there is less duplicate data. In fact, data sharing is enhanced, while your status remains visible, preventing accidental overspending and maverick spending. 

Another benefit from using Ramp software is the availability of three-way invoice matching for POs, invoices, and receipts. This is important as it effectively triple checks accuracy before you make any payments.  

Finally, logs and documents are stored, with evidence, at each step. This ensures your books are always audit-ready and available to leaders, board members, other stakeholders, and, of course, the taxman.

We provide native integrations to Sage Intacct, NetSuite, and QuickBooks. The product you choose will depend on your current needs and plans for future growth. Your consultant will work with you to guide your decision.

Integration and automation ensure that categories, receipts, and transactions flow straight to the GL. In terms of efficiency, this is a significant step up from old legacy systems, clunky spreadsheets, and manual exports.

It’s worth noting that Ramp supports multi-entity structures, ensuring that consolidated views remain aligned, even during international expansion. Smoother workflows, with fewer manual entries and fixes, ensures month-end processes (and figures) are cleaner and clearer for accurate insights into your immediate financial wellbeing. 

Analytics also provide insights based on KPIs and task metrics, providing leadership with the information they need to make crucial decisions that affect financial wellness and growth.

Ramp comes equipped with built-in approval workflows that make it easy to book flights or submit purchase requests directly in the system. This means that travel and purchase requests are captured with policy rules and approvals. 

In fact, the system includes AI-supported request capture for speed, efficiency, accuracy, and consistency. What’s more, policy violations are detected in real-time, so you can stop transactions before they happen.

Vendor management is part and parcel of the product, complete with renewal dates and pricing-related data to support informed decision-making. Tracking spend by vendor can provide the type of in-depth insights that enable you to take tighter control over procurement-related spending, should it be necessary.

Another big benefit is real-time visibility, which enables leaders and managers to evaluate requests before the transactions hit the ledger. This ensures you know what’s potting procurement-wise and gives you tighter control over travel requests and spending.

We provide a range of services to support and enhance your Ramp experience. We consider collaboration to be one of our most important business offerings. This means we work closely with all our clients to ensure we get the right system design and implementation plan to suit their company’s unique needs and circumstances, especially when it comes to policy, limits, and workflows. 

Integration and automation across ERP and HR systems improves efficiency and productivity through data sharing and real-time updates. 

We also provide a range of outsourced financial services for companies with varying needs and capabilities. You can outsource your bookkeeping and trust that it will remain aligned to close cadence and controls. Your outsourced controller services take care of reconciliations and compliance requirements. 

You can carry on with the business of doing business while we fine tune alerts, limits, and approvals as your team evolves and spending capacity changes.