Ramp

Yes, deposits in the Ramp Business Account are insured by the FDIC up to the maximum allowed by law through First Internet Bank of Indiana and the ICS service by IntraFi Network LLC.

Employees do not incur costs, but payment providers may charge fixed fees for some international reimbursements.

No, there are no foreign transaction fees.

Yes, external entities can deposit into and withdraw from the Ramp Business Account via ACH, including pay-ins like Stripe cashouts and pay-outs like payroll.

Yes, Ramp virtual cards can be easily transferred between users or terminated to manage digital spending securely.

Yes, Ramp allows startups with little or no credit history to obtain a business credit card without requiring a personal guarantee or impacting personal credit.

Users can book flights or hotels on any travel platform; Ramp automatically collects, verifies, and matches these expenses to trips and policies when receipts are submitted.

Yes, Ramp allows startups to issue business credit cards to their employees for spending and expense tracking.

Ramp's spend management and corporate card services are provided completely free of charge with no associated fees.

Yes, Ramp offers a mobile app for iOS and Android.

Yes, Ramp offers API access for custom integrations.

Yes, employees are reimbursed in the local currency of their bank account's country regardless of the transaction currency.

Ramp does not require personal credit checks or personal guarantees; credit evaluation is based on business financial factors.

Yes, Ramp supports unlimited virtual cards.

No, there is no annual fee.

No, a personal guarantee is not required.

Automation Approvals in Ramp Treasury approve initial automation policy changes, after which transfers run automatically without further approvals.

Ramp funds and virtual cards are tied to the account holder’s line of credit, sharing the same credit limits and identifying information as physical cards.

Reinvested dividends do not appear in the bank feed but are synced to the ERP and can be found by filtering Dividend transactions in the Investment Account transfer table.

Managers and admins review transactions; flagged transactions appear under Expenses & Travel > Card transactions > Flagged; approvals occur via Inbox or Card transactions tabs; memos can be applied by employees and admins.

Administrators can instantly adjust spending settings and limits via the Ramp dashboard, including setting custom limits, category restrictions, and approving spend limit change requests through configured workflows.

Admins can define detailed travel policies with rules on spend limits, booking advance times, cabin classes, refundable hotels, and per diems, and set multi-level, smart approval workflows with customizable conditions for travel bookings and expenses.

Approvers can approve or reject requests via Microsoft Teams integration and receive notifications; delegate approvers can act on behalf of assigned users and receive related communications.

Companies can enable or disable mileage reimbursements, set and manually adjust reimbursement rates including multiple rates for departments or employees, and configure commute deduction options.

Employees can activate their physical Ramp cards by scanning the QR code on the card carrier and entering the last four digits of the card using the Ramp mobile app.

The Ramp mobile app allows employees to request funds, view card and fund details, request spending limit changes, lock cards, and receive real-time notifications for approvals or policy flags; managers can approve requests promptly.

Employees can submit expenses and receipts easily via SMS text messages or the Ramp mobile app, which streamlines receipt collection and expense reporting.

Executive assistants can manage reimbursements, upload receipts, and track spending for themselves or their executives using the Ramp mobile app without needing a laptop.

Field workers can submit receipts by snapping photos via a mobile app or sending them through SMS, selecting auto-generated memos, and tagging projects in under 25 seconds.

Managers can send bulk email reminders to employees about missing items by selecting multiple transactions in the Inbox tab and using the reminder feature.

Ramp Treasury exports bank feed transactions in OFX file format for upload to ERP systems.

Users can connect bank accounts by navigating to Company > Financial Accounts, clicking 'Add bank account', selecting their bank, and following prompts to link the account.

Ramp users can create or modify Spend Programs via templates or custom setups, with settings for program details, default fund issuance, user permissions to request cards or funds, and expense policy configurations; cardholders can request Spend Programs during spend requests.

Users can configure tracking categories directly within Ramp to align transactions and reimbursements with vendors, locations, and other categories, facilitating accurate bookkeeping and reconciliation using the Universal CSV.

Users can add, edit, and import custom fields for vendors, filter vendors by these fields, edit vendor information individually or in bulk, mark vendors active or inactive, and manage vendor onboarding settings including custom forms and request emails.

Users can check if their account uses password login or SSO by attempting a password reset; troubleshooting steps include verifying email correctness, contacting IT, and following Ramp's login help guides.

Users can customize vendor imports from ERP systems by choosing to import either all vendors or only those vendors associated with bills, enabling selective import based on billing activity.

Pair Eyewear consolidated multiple financial systems into Ramp, enhancing operational efficiency and refocusing resources on other priorities.

Ramp helped Barry’s save 400 hours per month by reducing time spent managing expense report issues.

Companies like Squared Away and Walther Farms use Ramp to automatically identify savings by detecting duplicate or excessive subscriptions and analyzing spending patterns in real time.

Employees finalize bookings by clicking 'Book flight' or 'Book hotel' buttons, receive confirmation emails, and can manage or cancel bookings within allowed periods via the Travel tab on Ramp's website.

Employees submit reimbursements via Ramp's web or mobile app by uploading receipts, adding memos, and sending requests for approval.

Ramp's AI agents autonomously enforce expense policies by reviewing expenses, approving low-risk spend, flagging suspicious transactions, answering policy questions, detecting fraud trends, and suggesting policy improvements.

Ramp's integrations with banks like First Citizens Bank, IBC Bank, Old National Bank, South State Bank, Bank of Washington, United Community Bank, Level One Bank, ServisFirst Bank, and First Utah Bank provide access to higher credit limits, often up to 20 times higher than traditional offerings, by connecting to commerce platforms.

Set up involves creating a Read-only Administrator service account in Okta, generating an API token, assigning the role, and connecting Okta to Ramp via the Insights > Seat Intelligence section.

Mode uses Ramp's platform to monitor and track its spending in real-time, enabling immediate insights into expenses as they occur.

Ramp allows users to link multiple bank accounts, centralize payments, and manage cash flow in real time from a single platform.

Ramp automates expense management with AI-driven categorization and receipt matching.

Ramp automates coding of recurring invoices for Studs, removing 95% of expense reimbursement workload from business owners.

Ramp automates invoice coding by importing accounting codes from purchase orders and applying custom rules and smart suggestions, and enables users to build custom smart approval flows with alerts for errors or overbilling.

Ramp automatically collects and matches receipts to transactions, suggests or assigns accounting categories based on memos or rules, and generates or pre-fills memos using historical data to streamline expense management.

Ramp automatically imports vendor data from ERP systems with selective import options and uses machine learning to identify and merge duplicate vendors based on multiple data points.

Ramp benchmarks spending against millions of transactions and provides Software Price Intelligence to reveal true software costs and support better contract negotiations.

Ramp calculates mileage reimbursements automatically using Google Maps routes considering traffic and road conditions, allows manual edits, supports multiple mileage rates including IRS and custom rates, and enables commute deductions.

Ramp categorizes users as frequent spenders, who receive monthly recurring allocated funds matching typical spend, and infrequent spenders, who have no default funds but can request funds on a one-off basis.

Credit limits are based on business cash flow, bank balances, and operational metrics.

Ramp allows employees to request spending from preset budgets or spend programs, with custom approval workflows involving appropriate stakeholders, and supports real-time review and approval of these requests.

Ramp enables real-time spending management through daily spending limits, auto-locking cards, customizable card programs, and sub-admin roles that oversee and manage business spend.

Ramp allows users to jump directly into specific transactions or reimbursements with a single click, facilitating quick review and audit of individual financial records.

Ramp enforces expense policies automatically through customizable, auto-enforced rules and approval workflows that prevent out-of-policy spending and require reviews for flagged transactions.

Ramp enforces expense policies by sending reminders for missing items, requesting repayments, automatically locking cards or funds for non-compliance, and allowing managers to reject out-of-policy transactions and lock employee cards.

Ramp ensures data accuracy by using multiple data points, enforcing card policies, and referencing past classifications; it mitigates vendor compliance risks through structured vendor management including contract tracking and accountability.

Ramp determines a business limit by evaluating cash balances in linked bank accounts, the company's industry, credit bureau data, and other relevant information.

Ramp connects customer bank accounts via partner bank connections software to enable international banking operations and automatically schedules locally-funded statement payments after linking.

Ramp allows users to set specific spending limits, invite users with controlled access, and duplicate or adjust spend programs quickly from a table view.

Ramp provides industry-specific spend controls such as blocking unapproved vendors and categories, automated policy enforcement, and virtual card management tailored for sectors like retail, education, construction, and healthcare.

Ramp consolidates vendor contract data in a centralized Managed Vendors table, provides renewal reminders, visual timelines, and tracks contract terms and ownership to maintain oversight and mitigate compliance risks.

Ramp enables companies to create custom approval workflows for reimbursements and spend requests, requiring designated managers or admins to review and approve before processing.

Ramp can automatically lock cards or funds if required receipts or memos are not submitted within a configured timeframe; unlocking requires admin or manager approval or dismissal of missing item requests.

Ramp uses open exchange rate API for currency conversion and may include a margin on foreign exchange rates for local currency reimbursements.

Ramp automates receipt management by capturing receipts via OCR and automatically matching them to transactions to streamline expense tracking and reconciliation.

Reimbursements are routed for approval to direct managers, admins, or configured reviewers; Admins and Owners can cancel reimbursements after approval but before payment processing.

Ramp sends email notifications for spend request approvals including reminders two days after assignment, allows daily reminders to procurement approvers, sends weekly approval reminder emails to managers, and weekly emails to users about missing receipt items.

Ramp sends reminder emails to designated users with Bookkeeper, Administrator, or Business Owner roles to update bank connections; repayments do not have reminders as notifications are sent automatically when requested.

Ramp allows spending limits to reset on daily, weekly, monthly, or annual intervals and ensures spend limits are currency-aware, matching the currency of the assigned card or fund.

Ramp automatically creates trips when users spend with Ramp funds and send receipts to receipts@ramp.com, assigns expenses to traveler per diems, and attaches travel receipts to transactions.

Ramp integrates with Egencia to automate travel expenses by combining travel management, corporate card spend limits, receipt integration, and expense report automation.

Ramp integrates directly and securely with ERP and accounting software, syncing data in real time to automate expense tracking, bill payments, and reconciliation processes.

Ramp integrates via APIs with receipt automation and travel services including Amazon Business, American Airlines AAdvantage Business™, Corporate Traveler, Egencia, and Gmail to manage receipts and travel expenses.

Ramp administrators can enable or disable specific login methods per user role and must ensure each role has at least one login method enabled; Guest users must always have email and password login enabled.

Ramp allows setting up recurring bills that are automatically created, routed for approval, and sent for payment; it creates the next bill 10 days before ACH payment dates and 15 days before check payment dates.

Ramp manages reimbursements by including them in funds with pre-set controls and offers reimbursement-only spend programs where employees submit expenses from personal cards within company-set limits, tracked and managed by admins.

Ramp allows companies to set custom travel policies with guardrails like per diem limits and hotel rates, flags out-of-policy travel spending, and notifies approvers without automatically declining transactions.

Ramp continuously monitors accounts for unusual activity, sends alerts for suspicious transactions or new sign-ins, allows users to lock cards in real-time, and provides procedures to flag and dispute fraudulent charges.

Ramp emails single-use card details to the default vendor contact on the bill's due date if the bill is fully approved and the 'send card directly to vendor' option is enabled; reminder emails are sent 2, 4, and 7 days after card issuance until the limit is reached or card is locked.

Ramp prevents unapproved spending by issuing cards embedded with spending policies, including merchant and category restrictions, spend limits, and receipt and memo requirements that enforce compliance before transactions occur.

Ramp uses OCR technology to extract invoice details, then automatically matches invoices to purchase orders using two-way and three-way matching methods, including matching PO numbers and line items, to ensure accuracy and prevent overbilling.

Ramp uses industry-standard encryption for data transmission and storage and partners with banking connection providers that use bank-grade encryption; Ramp never accesses customers' bank login credentials.

Ramp protects financial and employee data by applying encryption both at rest and in motion and maintaining a corporate security program to reduce operational risks.

Ramp's AI parses contracts and screenshots to auto-fill procurement request forms and scans invoices with 99% accuracy to automate accounts payable and reduce manual data entry.

Ramp's bank integration automates month-end book closing by syncing transactions, payments, statements, and cash back on a single dashboard, enabling up to 8 times faster closing.

Ramp's smart corporate cards track spending without requiring employees to chase receipts or file paperwork, reducing time spent on expense paperwork.

Ramp's Fidelity Investments integration allows up to 20 times higher credit limits and enables bill payment directly on Ramp without logging into the bank.

Ramp integrates with multiple banks to enable users to manage and pay bills and create and pay employee reimbursements directly on Ramp without logging into the bank.

Ramp's Microsoft Teams integration sends a message when approval requests are submitted but does not send individual reminders; instead, it sends a weekly reminder to reviewers with outstanding items or missing expenses.

Ramp's TD Bank integration enables quick employee reimbursements via direct transfers and automates month-end book closing by syncing financial data on Ramp's dashboard.

Ramp's Uber integration allows users to toggle between Ramp business cards and personal cards within the Uber and Uber Eats apps, ensuring correct charge allocation.

Ramp automatically syncs card transactions with accounting software like QuickBooks, Xero, and NetSuite to simplify month-end closing and reconciliation.

Ramp offers expense management software tailored for industries like construction and life sciences, automating spend tracking, job costing, ERP integration, and AI-driven transaction classification.

Ramp enables finance teams to oversee expenses via centralized dashboards and automates routine tasks; portfolio finance leaders get higher credit lines, spend controls, real-time alerts, and workflow automation.

Ramp allows users to configure tracking categories to align transactions and reimbursements with specific vendors, locations, and other criteria, facilitating accurate bookkeeping and reconciliation.

Ramp uses automated spend issuance with individualized limits aligned to budgets and requires employees to submit receipts and explanations, enforcing compliance with company financial policies.

Ramp provides real-time spend visibility, instant card issuance and management, spend limits and restrictions down to the vendor level, and AI-powered centralized financial data for faster analysis.

Ramp provides every employee with a corporate card featuring built-in spend limits, category and merchant restrictions, and proactive controls to block unauthorized spending and prevent overspending.

Ramp syncs individual card transactions and statement payments from linked bank accounts into ERP systems for reconciliation, but payments made via ACH outside Ramp cards are not included in the reconciliation tool.

Ramp supports virtual cards and funds with customizable spend controls, including vendor and category restrictions, recurring spend limits, and the ability to assign funds to employees or teams with expiration dates.

Ramp enforces spend policies using pre-set rules and spend guidelines that restrict purchase types, require receipts or memos, and automatically lock cards or funds upon policy violations.

Ramp tracks transactions across vendors, departments, and locations in real-time, providing detailed spend data and analytics to help businesses analyze and manage expenses.

For refundable hotel bookings, Ramp Travel automatically rebooks the same reservation at a lower price if available and cancels the original reservation only after confirming the new booking.

Ramp Treasury controls external debits by specifying who can debit the account, requiring explicit approval for untrusted vendors within 48 hours, and allowing trusted vendors to bypass approval.

Ramp Treasury syncs Transfers, Deposits, and Expenses to QuickBooks Online Treasury, mapping Ramp accounts to ERP GL accounts configured in sync settings.

Ramp uses AI to automate expense reporting, enforce policies, analyze spending, automate accounting coding, and provide real-time insights to optimize financial operations.

Ramp's legal and security teams vet third-party partners and subprocessors to ensure they meet industry standards for reliability, security, and compliance before engagement.

Fi used Ramp's features like transaction rules, spending limits, virtual cards, receipt reminders, and real-time spend review to scale its finance function.

Companies like Studs and 8VC have consolidated expense management, travel, and bill payments into Ramp’s single platform, improving efficiency and resolving challenges in spend tracking and accounting.

Ramp counts a user as an active seat if the user has signed in through Okta within the past 30 days.

Inbound wire transfers become available as soon as they are received by First Internet Bank of Indiana before the 5 pm ET daily cutoff; transfers after this time are recognized the next business day.

Ramp serves 40,000 businesses across every sector, including startups, family-owned companies, and leading enterprises.

Over 45,000 businesses use Ramp to simplify and manage their financial operations.

Ramp supports vendor payments in 195 countries and card acceptance in over 200 countries via Visa.

Ramp serves over 45,000 active customers with more than 1 million users as of 2024.

Ramp has received more than 2,000 reviews on the G2 platform.

Businesses can open and fund a Ramp Business Account in under 60 seconds and start using Ramp Treasury features the same day.

Ramp provides receipts for expenses in under 30 minutes through an expense process designed to be easy and quick for all users to complete.

Ramp reimburses employees within two days or less.

Ramp reimburses employees in more than 70 countries and across 40 different currencies.

No, Ramp Business Corporation is a financial technology company and not a bank.

The Ramp Corporate Card is a charge card.

The Ramp Investment Account is protected by SIPC insurance up to $500,000 in securities, including $250,000 in cash, but it does not protect against market losses.

No, the Ramp Investment Account is not a deposit product, is not insured by the FDIC, and may lose value as it involves securities products and brokerage services.

Ramp Treasury supports integration with major accounting platforms and syncs business and investment account activities as journal entries to ERP systems for streamlined reconciliation.

Ramp syncs Deposit transactions as Deposits in QuickBooks Online Treasury, offsetting to Income, Asset, or custom clearing accounts based on user mapping.

Ramp integrates with QuickBooks, Xero, NetSuite, and Sage Intacct.

Ramp offers customizable multi-level approval workflows with intelligent routing and review triggers for expense reimbursements, fund issuance, and employee spending across the platform.

Locally-funded reimbursements allow businesses to pay employees from local bank accounts to avoid foreign exchange fees; available to Ramp Enterprise and Plus customers using Sage, Netsuite, or UCSV.

Ramp spend programs are groups of funds and cards organized by department or team, with predefined spend limits and controls, allowing companies to issue and manage spending at scale.

Ramp virtual cards are digital-only cards with unique numbers issued instantly for online-only spending such as subscriptions, vendor payments, and digital purchases, and are not intended for physical point-of-sale use.

Customers report that Ramp simplifies expense approvals, unifies finance solutions, improves real-time expense submission, and enhances internal controls across procurement, purchasing, and treasury.

Companies such as Liquid Measurement Systems, SAMGI, Align ENTA, and Adrift Hospitality have reduced fraud by using Ramp's financial management and fraud prevention tools.

Ramp's AI agents automate expense compliance, policy enforcement, and financial workflows, enabling faster book closing, reduced errors, and improved cost savings.

In Ramp Procurement, virtual cards are issued to requesters for approved amounts, restricted automatically to specified vendors, can have lock dates, and trigger credit card transaction approval workflows.

Ramp's core product is a next-generation corporate credit card, and it has expanded into expense-report software competing with platforms like Concur and Expensify.

Eligible businesses must be U.S.-based corporations, LLCs, or limited partnerships with at least $25,000 in a U.S. business bank account.

Ramp Treasury accounts have no fees, no minimum deposit requirements, and no transfer limits or caps.

Businesses choose Ramp for detailed spend controls down to vendor level, real-time spend visibility with daily limits and auto-locking cards, unlimited free cards, built-in expense controls, software pricing insights, and strong accounting integrations.

Ramp Travel currently does not support multi-city trips, group bookings, or car rental bookings; group booking and car rental features are planned for release in 2025.

Ramp Intelligence includes Ramp Cards for company card management, Ramp Bill Pay for managing bills and payments, and Ramp Reimbursements for employee expense reimbursements.

Ramp offers no annual fees, no personal guarantees, automated expense management, and higher credit limits.

Main features include unlimited 1.5% cash back, no annual fees, automated expense management, and accounting integrations.

Main security features include encryption, tokenization, multi-factor authentication, and fraud detection.

Main features include an intuitive dashboard, mobile-first design, and automated workflows.

Ramp supports spending company money via physical cards, virtual cards, and funds, each with configurable spend controls and usage purposes.

Ramp Payments Corporation is registered with NMLS number 2371465, and Ramp Financing Corporation is registered with NMLS number 2431387.

Ramp Enterprise renews annually on the initial purchase date; Ramp Plus Monthly Plans renew monthly on the initial billing day; Ramp Plus Annual Plans renew yearly on the initial billing day.

Ramp Treasury exceeded $1 billion in assets under management within six months of its January 2025 launch and surpassed $1.5 billion by August 2025.

Ramp Treasury uses AI to forecast cash needs, automatically sweep idle funds into higher-yield investments, and pull cash back to avoid overdrafts, integrating treasury and accounts payable workflows with approval controls.

Ramp automates expense management with real-time policy enforcement, automatic receipt matching, AI-driven transaction reviews, and communication via SMS, email, or Slack.

Ramp enables automation of routine workflows such as transaction coding, expense approvals, and reviews through customizable Rules, reducing manual intervention in expense management.

Ramp automates cash flow anticipation, cross-team approvals, transfers, payments, and reconciliation processes to save businesses time.

Ramp claims to save companies an average of 5% across all their business spending.

Ramp reports an average saving of 5% on business spend for customers using its expense management features.

Ramp supports one-time, recurring daily, monthly, and annual budget allocations via virtual or physical cards, enabling controlled spending for specific categories or purposes.

Ramp allows admins and bookkeepers to create shared funds accessible by multiple employees through their own cards, enabling group spending with tracking and control for events, projects, or team budgets.

Ramp issues both physical and virtual cards, allows quick locking of individual cards, and supports continued access via virtual cards if physical cards are compromised.

Ramp provides card management features including issuing cards, setting category and vendor restrictions, auto-locking cards for non-compliance, managing card programs, and assigning sub-admin roles for oversight.

Ramp connects to commerce platforms like Shopify and Stripe to provide businesses, especially those with working capital obligations, access to higher credit limits, sometimes up to 20 times higher than traditional offerings.

Ramp sends notifications via email, SMS, and push notifications to keep users informed about platform activities.

Ramp automatically extracts and tracks key contract details including SKU name, contract amount, payment frequency, start and end dates, and auto-renewal clauses, enabling renewal reminders and contract management.

Ramp allows configuring spend request approvals with selectable approvers including admins, managers, department or location owners, custom groups, or specific employees; Bill Pay approvals can include any specific employee as approver.

Ramp enables managers to oversee team spending with real-time approval capabilities, modify user spending limits, view detailed transaction data, and access centralized dashboards for spend visibility.

Ramp provides automated savings insights that identify duplicate subscriptions, unused software, overspending, and missed rewards, offering personalized recommendations to reduce company expenses.

Ramp supports international mileage reimbursements in the US, Canada, UK, Spain, Germany, France, Ireland, and Poland, reimbursing at each country's respective mileage rate.

Ramp offers credit limits up to 20 times higher than traditional financial institutions by connecting to users' bank accounts and commerce platforms.

Ramp offers a 15% discount on the first year subscription to TravelBank for its customers.

Ramp customers receive two months of waived Monthly Platform Fees when subscribing to TravelPerk.

Ramp waives the setup fee valued at $1,500 for Corporate Traveler as part of its partner rewards program.

Ramp advises using virtual cards instead of physical cards for online purchases to reduce fraud risk.

Ramp offers exclusive partner rewards including credits and discounts from companies like AWS, Stripe, and Notion to startups using its business credit card.

Ramp provides a consolidated platform for expense management and accounts payable automation, including reimbursements, bill payments, invoice processing, approval workflows, and payment scheduling.

Ramp users can manage expense policy components via the Expense policy tab in the settings of their Ramp dashboard.

Ramp offers free virtual cards, automatic receipt matching, customizable spend limits within the Visa network, and auto-enforced expense policies to prevent unauthorized spending.

Ramp offers GPS tracking on iOS, auto-populated routes via Google Maps, frequent trip suggestions, round-trip options, and supports retroactive mileage submissions.

Ramp enables instant locking of cards, termination of user access, and updating of card ownership from a single interface when employees change roles or leave the company.

Ramp allows creating unique virtual cards per vendor with customizable spending limits, auto-lock dates, easy termination and re-issuance, and merchant restrictions to prevent fraud and control spending.

Ramp reduces missing receipts by automating receipt matching, sending reminders to employees, and can block funds if receipts are not submitted timely, enforcing compliance.

Ramp's real-time reporting consolidates spend data across payment types, shows flagged spenders, approval statuses, spend breakdowns by category, and includes search and filtering capabilities.

The Ramp mobile app allows users to pay with corporate cards, submit expense reports and reimbursements, capture and upload receipts, view transactions, manage employee spend, and access physical and virtual card details on iOS and Android devices.

The Ramp mobile app enables managers to approve card and bill pay requests, reimbursements, and limit changes; receive real-time notifications; and auto-lock cards on suspicious transactions.

Ramp allows employees to submit receipts via photos with automatic coding and enables managers to review reimbursements, approve card requests, and manage invoices within one system.

Ramp syncs card transactions, bill payments, bank statements, and cash back data directly on its dashboard via various bank integrations.

Ramp offers a financial operations platform including corporate cards, expense management, treasury, travel, reimbursements, procurement, accounts payable, vendor management, approvals, security, trust services, bank connections, and a mobile app.

Ramp consolidates business spend management, corporate cards, expense management, bill payments, vendor management, procurement, travel booking, and automated bookkeeping into one platform.

Ramp uses 24/7 automated monitoring with risk analytics, card network risk scores, internal behavior-based logic, account verification, third-party identity verification, and fraud flags to detect and prevent fraudulent activities.

Ramp plans to expand AI agents to handle procurement, bookkeeping, cash positioning, and real-time forecasting, aiming for autonomous finance operations with human oversight by 2028.

Ramp provides an all-in-one finance operations platform tailored for healthcare businesses, including corporate cards, expense management, bill pay, and procurement tools.

Ramp integrates with ERP systems for vendor data import and with Ironclad for contract review workflows, storing executed contracts alongside procurement requests and vendors.

Ramp integrates with HRIS systems to automate employee management and with Pilot to automate accounting tasks like coding, approvals, and transaction reviews.

Ramp integrates with HRIS systems (Justworks, Gusto, ADP Workforce Now, UKG Pro), collaboration tools (Slack, Microsoft Teams), accounting software, and procurement platforms to automate spend management, approvals, and accounting processes.

Ramp integrates with over 200 software applications across accounting, banking, HR/payroll, productivity, receipt automation, security, and travel categories.

Ramp Treasury offers 2.5% interest on its business account and 4.27% interest on its investment account, with an overall APY of approximately 4.52%.

The Ramp Investment Account currently invests in FUGXX, a government money market fund investing in short-term U.S. Treasury obligations and government securities.

Ramp Plus includes advanced approval workflows, travel booking, and custom spending policies.

Ramp is a financial operations platform designed to help companies manage financial functions efficiently and save money.

Ramp Bill Pay enables companies to handle spending by emailing or uploading invoices, creating, approving, and paying bills in under 60 seconds, all synced to accounting software.

Ramp Intelligence is Ramp's AI-driven spend management platform that automates expense reporting, card management, bills, reimbursements, and enforces policies.

Ramp replaces traditional expense management by eliminating manual expense reports and providing integrated, automated expense tracking and reporting via its corporate card and software.

Ramp claims users save an average of 27% on their biggest contracts through a team of expert negotiators who secure better deals.

It allows employees to repay the company for accidental or out-of-policy card transactions via linked accounts.

Ramp requires MFA for all user accounts, supporting methods like authenticator apps, Touch ID, hardware tokens, and phone number verification to enhance login security.

Ramp invitations expire after 14 days if not accepted and must be resent; Ramp cards must be activated within 6 months or they are automatically terminated.

Ramp's Price Intelligence uses AI and crowd-sourced data from millions of transactions to benchmark SaaS pricing and provide detailed cost insights.

Ramp's Seat Intelligence connects to Okta to provide insights into software usage, identifying inactive users to help reduce software license costs.

Ramp's Unified login allows users to access multiple Ramp accounts under one email and password, typically used by business owners, employees of multiple companies, and accountants.

Ramp claims to save businesses an average of 5% on their transactions through cashback, partner rewards, and spending insights.

Ramp offers a charge card with a 30-day billing cycle starting from the date of the first transaction; the balance is due in full every 30 days.

The cash back rate is 1% to 1.5%, determined by Ramp.

Ramp Treasury provides FDIC insurance coverage up to $75 million.

The ICS service, provided by IntraFi Network LLC, places Ramp Business Account deposits into FDIC-insured bank accounts across a network of banks to provide pass-through FDIC insurance coverage.

Ramp enables users to create and pay reimbursements in a few clicks, transferring money directly from the linked bank account to employees.

Ramp sends two small deposits and one withdrawal equal to their sum to the customer's bank account; after settlement, the customer enters the deposit amounts in Ramp to verify the account.

Ramp's Audit Log provides administrators and auditors with instant visibility into over 200 platform events, including card limit changes and spend program edits, with filtering and export options for compliance and review.

The Ramp Business Account is a deposit account for storing operating funds, paying Ramp card statements, bill payments, reimbursements, and can receive and send external payments.

The Ramp Corporate Card is a business charge card and expense management platform.

The application is online, requires business information, and approval typically takes 48 hours.

No annual fee, no foreign transaction fee, no late fee, and no APR. Some service fees apply.

Ramp offers over $350,000 in partner rewards through discounts and credits.

There are no late fees or interest charges.

Ramp offers a welcome bonus of $250 to $1,000 with no minimum spend.

The Ramp Vendor Portal is accessed via a link sent during onboarding, allowing vendors to submit payment, tax, and custom form information, track payments, and store payment details for future use.

Ramp Business Corporation pays up to 2.5% annual cash rewards on eligible funds in the Ramp Business Account; these rewards are not paid by the bank providing deposit services.

Ramp Treasury offers next-day liquidity on investment accounts, free unlimited same-day ACH and wire transfers, and instant settlement for bill and card payments.

Ramp supports email and password login, Single Sign-On (SSO) with providers like Google, Okta, Microsoft Entra, OneLogin, and JumpCloud, passkey login, and requires Multi-Factor Authentication (MFA) for all users.

Manual funding options include ACH deposits initiated within Ramp from linked commercial bank accounts and ACH credit, wire, or real-time payment transfers initiated externally using Ramp's account and routing numbers.

Ramp allows linking bank accounts via direct secure connection or by uploading three recent bank statements in PDF format.

Ramp supports creating vendors during bill creation, from purchase orders, directly from the Vendors table, bulk importing vendors, and importing vendors from connected ERP systems, with bulk editing via templates.

Ramp supports multiple invoice upload methods including AP email forwarding, manual upload via drag-and-drop, CSV or spreadsheet uploads, and internal invoice submission through vendor networks.

Customers must acknowledge and agree to the terms and conditions set by First Internet Bank of Indiana as specified in Ramp's legal documents.

Ramp sends automated notifications to employees to submit receipts or memos after transactions, reminders for missing items, alerts to managers and admins about out-of-policy transactions, large spends, card declines, and monthly spend reports.

Ramp allows employees, managers, and admins to settle accidental or out-of-policy card spend via external methods like ACH or payroll deduction and record repayments in Ramp; repayments cannot be requested for reimbursements.

Ramp partners with accounting firms, private equity, venture capital, service providers, and technology partners, and serves customers including startups, mid-market companies, and portfolio companies of PE and VC firms.

Ramp Treasury provides Roof Squad with unlimited free same-day ACH payments, instant Ramp Card payments, and integrated cash management to pay vendors on time and maximize earnings.

Ramp pays US employees via ACH and international employees via wire transfers to their bank accounts.

Ramp uses Real Time Payments (RTP) rails to enable Instant Faster Payments, depositing funds within minutes after acceptance.

Ramp automates payment reconciliation and accounting processes with transaction classification, workflow automation, and integrations with ERP and accounting systems to enable faster, accurate financial close.

Ramp's platform includes accounting automation, intelligence tools, real-time reporting, savings tracking, integrations, multi-entity management, and global financial capabilities.

Ramp offers procurement features including custom intake processes, automated purchase order matching, approval workflows, three-way matching, price intelligence, vendor onboarding, and integration with contract review tools.

Ramp's 'Get Started' section lists Corporate Cards, Expense Management, Bill Payments, Seamless Accounting, and Ramp Intelligence.

Ramp offers products including corporate cards, expense management, treasury, travel, reimbursements, procurement, accounts payable, vendor management, approvals, security, trust, bank connections, and a mobile app.

Ramp detects and declines card testing attempts, places temporary locks on cards for suspected fraud, and customers are not liable for fraud resulting from successful card testing attempts.

Pair Eyewear uses Ramp's Accounting Integration, Accounts Payable, Corporate Cards, and Travel products.

Ramp offers corporate cards, expense management, treasury services, travel management, reimbursements, procurement, accounts payable, vendor management, approvals, security features, trust services, bank connections, and a mobile app.

Ramp provides real-time visibility into company spending across all payment types, including travel, with detailed reporting, alerts, and insights to monitor and manage expenses as they occur.

Ramp provides automatic receipt matching, OCR receipt scanning, integrations with services like Gmail, Lyft, Uber, and Amazon Business, and supports receipt collection via SMS and mobile app.

Apex Clearing Corporation is registered with the SEC as a broker dealer, is a member of FINRA and SIPC, and is licensed in 53 states and territories.

Ramp supports ACH, international wire payments, marking payments as paid off Ramp, and rejecting reimbursement requests with notes.

Ramp allows sending daily reminders to vendors about outstanding requests and onboarding forms, and sends reminders to designated contacts to upload bank statements.

Ramp sends email notifications to Admins and Owners when the business account reaches 75%, 90%, and 100% of the total business limit.

Ramp offers cashback rewards on all transactions made using its corporate cards, returning cash to the business's bottom line.

Ramp defines roles including Employees who can use cards and submit expenses, Managers who set limits and approve spend requests but lack company-wide access, and Admins who have full permissions to manage users, cards, spending limits, and company settings.

Access to Ramp's Seat Intelligence requires roles such as Admin, IT Admin, Bookkeeper, Manager, AP Clerk, or Owner, which have implied permissions to connect Okta and view usage data.

Ramp's savings calculations include reduced time spent on manual expense tracking, financial benefits from cashback and rewards, smarter expense monitoring, and elimination of costs from alternative solutions.

Ramp's expert negotiators help customers save an average of 27% on their largest contracts by securing better deals.

Ramp Travel incentivizes employees to spend less by sharing savings from cost-effective bookings, and Ramp offers 5% savings on spend through rewards and perks.

Ramp Treasury enables multi-step approval flows and restricts access to cash accounts to authorized team members for secure money movement and oversight.

Ramp offers secure login options including SSO and SAML protocols, mandatory MFA, advanced user roles and permissions management, detailed login history, and designated IT & Security contacts for notifications.

Ramp Treasury enforces multi-layered approval processes, restricts approvers to Admins and Owners, and includes a Separation of Duties setting to prevent users from approving their own transactions.

Ramp complies with SOC 2 Type II, PCI, ISO 27001, and SOC 1 standards and undergoes annual external audits to validate its security program.

Ramp uses encryption, tokenization, multi-factor authentication, and fraud detection.

Ramp will never contact customers to request passwords, card information, or login verification codes and recommends using encrypted channels for sharing sensitive information.

Ramp supports SSO integrations with Google, Okta, Microsoft Entra, OneLogin, and JumpCloud, providing SP-initiated SAML login flows and administrative controls for user assignments and login method toggling.

Ramp calculates savings estimates using a combination of platform data, industry research, customer surveys, and information about alternative expense management options.

Ramp provides these customers with real-time spend tracking, detailed drill-down by vendor, department, location, and category, and intra-month visibility to monitor budget alignment and analyze spend variances.

Ramp enables companies to set auto-enforced limits, approval workflows, and merchant or category restrictions on corporate cards and expense reimbursements to maintain compliance.

Ramp provides built-in spending controls on employee and corporate cards, including merchant and category restrictions, recurring spend limits that reset daily, weekly, monthly, or annually, customizable spend limits, receipt and memo requirements, auto-locking cards, card programs, and sub-admin roles for delegated management.

Ramp provides spending controls down to the vendor level, including spend limits, category and merchant restrictions, and requirements for receipts and memos before spending occurs, with options for recurring limits and automatic enforcement.

Ramp provides customizable spend limits, category and merchant restrictions, receipt and memo requirements, and preset controls on corporate cards to proactively prevent out-of-policy spending.

Ramp enforces spending policies by blocking unapproved vendors or categories, sending automatic alerts for out-of-policy transactions, requesting repayments, and allowing card locking for additional restrictions.

To add or verify bank accounts, users log into Ramp, navigate to Company > Financial Accounts, and complete verification by entering test deposit amounts; international entities must manually connect accounts, and CAD accounts are added via the Company > Financial Accounts section.

Ramp offers Free, Plus, and Enterprise tiers.

Ramp provides live support with experts available anytime via multiple channels including chat, email, phone, and a help center, plus options for priority and custom setup assistance.

Ramp automates expense management, accounts payable, receipt collection, accounting coding, policy enforcement, and financial reporting to reduce manual work and accelerate closing books.

Ramp uses artificial intelligence, machine learning, card network risk scores, internal risk signal detection, audit logs, anomaly detection, and third-party identity verification to identify and mitigate fraud risk.

Employees can view and flag transactions, request policy exceptions, add meal attendees, associate transactions with trips, split transactions, dispute charges, and request spending limit changes via the Ramp mobile app.

Ramp Travel enables booking flights, hotels, and rental cars within company travel policies, with automated policy enforcement, 24/7 support, and mobile app access for managing trips and expenses.

Ramp Travel allows any Ramp user to book travel for guests or on behalf of others if assigned as an assistant, applying the booker's travel policy and maintaining approval and notification workflows.

Admins can enable or disable Ramp Travel booking for employees, configure travel policies with dynamic rules and approval processes, and manage settings for guest bookings and assistants.

Ramp automates travel expense reporting and categorization from booking through trip completion, provides spend insights, and integrates with receipt automation and travel services to streamline expense management.

Ramp is an all-in-one finance automation platform that integrates corporate cards, expense management, bill payments, procurement, travel booking, treasury services, accounting automation, intelligence, reporting, savings, integrations, multi-entity management, and global capabilities.

Ramp is an AI-powered expense management software and corporate card solution designed for finance automation and spend management.

Ramp supports direct connections where customers link their bank accounts through Ramp's interface and manual connections where customers upload bank statements to verify accounts.

Ramp provides tailored financial solutions for startups, small businesses, mid-market companies, and enterprise-level organizations.

Ramp offers physical and virtual corporate cards for business use, supporting industries like education and healthcare with features tailored to manage employee spending and automate expense management.

Ramp provides both physical corporate cards and unlimited virtual cards for business use, allowing companies to manage spending through multiple card types without limits.

Ramp reimburses all company expenses including out-of-pocket expenses and mileage.

Ramp sends notifications for expiring physical cards about two months prior, expiring funds starting 14 days before expiration with multiple alerts, single-use card reminders 2, 4, and 7 days after issuance, statement payment reminders for wire transfers, and payment approval reminders via email and Slack.

Ramp provides real-time reporting and management for all company spend including corporate cards, global payments, reimbursements, bills payable, and expense management within a single platform.

Ramp can set spend limits that are daily, weekly, monthly, or annual; merchant and category restrictions; vendor-level controls; and one-time or recurring limits for specific cards or funds.

Ramp Travel supports booking flights and hotels directly, with car rentals planned for future release; users can also book taxis and per diems using Ramp for Travel funds, but train travel is excluded.

Ramp recommends users monitor accounts regularly, set alerts, verify sensitive changes via separate communication, flag suspicious transactions, and contact support if suspicious activity is detected.

Ramp collects vendor payment, tax details, and documents on behalf of users, supports bulk requests for vendor information, and provides a Documents section to upload, store, and categorize vendor documents.

Ramp provides full vendor profiles with details such as associated cards, funds, recent transactions, and allows uploading and storing important vendor-related documents within each vendor's profile.

Ramp provides centralized vendor data tracking, real-time spend reporting, automated savings insights, expense policy compliance monitoring, price intelligence, and 1099 tax reporting.

Ramp requires Know Your Business (KYB) and Know Your Customer (KYC) verifications and conducts periodic reviews of business information, ownership, and beneficial owners to maintain compliance.

Ramp sends automatic email reminders 60 and 30 days before contracts come up for renewal, provided that either the Last Day to Terminate or the Contract End Date is entered in the contract details.

Ramp was founded in 2019 and enables tens of billions of dollars in purchases annually through its financial operations platform.

Repayments are sent to the business bank account designated as the auto-pay source in the company's Banking Settings within Ramp.

Ramp's Originator IDs are listed in the Ramp help center article 'How do I lift a debit block on my bank account?'.

The list of IntraFi network banks used by Ramp Treasury is available at https://www.intrafi.com/network-banks.

Ramp's Privacy Policy is publicly available at https://ramp.com/legal/privacy-policy and defines how Ramp collects, uses, shares, and protects user data.

The Ramp mobile app is available for download on the Apple App Store for iOS devices and the Google Play Store for Android devices.

Users can find their Apex account number on the Investment Account page under the Portfolio Details section.

Ramp corporate cards are issued by Sutton Bank and Celtic Bank, both members of the FDIC, under licenses from Visa USA Inc.

Mode Analytics tracks spending in real time using Ramp's platform; Passport Shipping uses Ramp's real-time financial insights to improve budgeting processes.

Ramp's corporate cards operate on the Visa payment network, providing global acceptance wherever Visa is supported.

Ramp integrates with receipt automation and travel platforms including Amazon Business, American Airlines AAdvantage Business™, Corporate Traveler, Egencia, and TravelPerk for managing travel expenses and receipts.

Only authorized individuals, typically Admins and Owners, can approve money transfers and withdrawals in Ramp Treasury, with configurable approval workflows including Transfer Approvals and Automation Approvals.

Administrators can oversee all company travel spend and trips, while managers oversee their direct reports' travel; the Travel Dashboard shows trip details, spending metrics, and allows policy editing.

Admins and Owners have full access to Ramp Treasury including initiating transfers; Bookkeepers have view-only access and can request transfers; managers have limited card and fund transfer permissions.

Partnerships are currently ineligible to open a Ramp Investment Account because Apex Clearing Corporation does not support them.

Apex Clearing Corporation, an SEC registered broker dealer and member of FINRA and SIPC, provides securities products and brokerage services for the Ramp Investment Account.

First Internet Bank of Indiana, a Member FDIC institution, provides all bank deposit and bank services for the Ramp Business Account.

First Internet Bank of Indiana provides FDIC-insured banking services, and Apex Clearing Corporation provides securities and brokerage services for Ramp Treasury.

Issuing one virtual card per vendor limits exposure if a vendor's security is compromised and simplifies spending tracking and fraud prevention.

Ramp requires bank connections to underwrite and maintain business credit limits by accessing cash balance and transaction data.