MileIQ vs. Ramp

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MileIQ
Score 9.5 out of 10
N/A
MileIQ provides automatic mileage tracking for deductions and expenses. It can be used by self-employed workers looking for a mileage deduction or large companies that want to get a handle on mileage expenses reports, and is presented as automatic, easy and accurate, by the company of the same name in San Francisco.
$50
per year per driver
Ramp
Score 9.3 out of 10
N/A
Ramp is a corporate card and spend management solution that helps companies of all sizes to accelerate growth without compromising on their finances. With a direct integration with the user's accounting solutions, Ramp helps finance teams save time tracking expenses, following up with employees, and closing their books. Ramp offers companies real time visibility into spending, automated expense reporting, and advanced insights into ways to cut spend.
$0
Pricing
MileIQRamp
Editions & Modules
Teams Lite
$50
per year per driver
MileIQ
$59.99
per year for individual use
Teams Pro
$100
per year per driver
No answers on this topic
Offerings
Pricing Offerings
MileIQRamp
Free Trial
YesNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsRamp provides a free tier for smaller teams who want to simplify finances. A step-up to our free tier is Ramp Plus, starting at $15/month/user along with platform fees based on team size. Then, for large businesses, the Enterprise plan requires a custom quote.
More Pricing Information
Community Pulse
MileIQRamp
Features
MileIQRamp
Expense Management
Comparison of Expense Management features of Product A and Product B
MileIQ
9.9
2 Ratings
19% above category average
Ramp
-
Ratings
Employee Expense Reporting9.92 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
MileIQ
9.3
1 Ratings
15% above category average
Ramp
-
Ratings
Customizable Approval Policies9.01 Ratings00 Ratings
Financial Document Management9.01 Ratings00 Ratings
Payment Audit Trail10.01 Ratings00 Ratings
Advanced OCR9.01 Ratings00 Ratings
Best Alternatives
MileIQRamp
Small Businesses
Dext
Dext
Score 9.6 out of 10
Rippling
Rippling
Score 8.9 out of 10
Medium-sized Companies
Precoro
Precoro
Score 9.3 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
Emburse Chrome River
Emburse Chrome River
Score 8.0 out of 10
SAP Concur
SAP Concur
Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MileIQRamp
Likelihood to Recommend
9.9
(2 ratings)
9.5
(31 ratings)
Usability
10.0
(1 ratings)
9.1
(7 ratings)
User Testimonials
MileIQRamp
Likelihood to Recommend
MileIQ
MileIQ is a great tool for users that need to track their own business mileage to claim on expense reports. The phone app is easy to set up and use when classifying drives. it will occasionally ask you if you want to auto-classify frequent drives to further minimize the manual tasks of tracking mileage.
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Ramp Business Corporation
Ramp is well suited for managing everyday spending. We have been able to set standard permissions across the board for our team, monitor spending easily, and adjust "allowances" accordingly and quickly. The instant funding once a request is approved makes it so much faster to make a purchase, if outside of the set parameters. Ramp travel offerings are sometimes unattractive, and we have found many flights, hotels, and car rentals by going to other platforms or the suppliers directly. Pricing is comparable, but many times it is cheaper to book outside of Ramp.
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Pros
MileIQ
  • track mileage very accurately
  • easily categorize business versus personal trips
  • reports are quite simple to generate and forward to DEXT
  • settings are easy to set-up for proper government approved mileage rates
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Ramp Business Corporation
  • You can forward your receipts to receipts@ramp.com and it will auto-approve.
  • You can easily reverse charges if an employee accidentally places a charge on their work card.
  • You can send employees physical Ramp cards.
  • You can create as many virtual cards as needed.
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Cons
MileIQ
  • Integrate the paid version's admin console into the phone app for easier management.
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Ramp Business Corporation
  • Even more integration to have us spend less time on reporting expenses for grant reports
  • This does not happen often, but if you make a purchase and then cancel it with the vendor, for some reason, Ramp does not immediately recognize that purchase cancellation and will continue to remind you to submit a receipt or tag it as an accidental charge, but there is no option to tag it as a canceled purchase.
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Usability
MileIQ
MileIQ is extremely easy to use. The phone app has a great flow. Drive classification can be as easy as swiping left and right. Users can access their reports in 2-3 steps. The admin console is easy to navigate and makes it simple to invite new users and remove old ones.
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Ramp Business Corporation
Ramp offers an exceptionally intuitive user interface with a clean, well-organized design. The platform demonstrates continuous improvement through regular feature enhancements and updates. New employee onboarding requires minimal training due to the platform's logical section-based layout and user-centric design, which facilitates rapid adoption and efficient navigation. Overall Ramp's interface and UI is very user friendly.
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Alternatives Considered
MileIQ
No answers on this topic
Ramp Business Corporation
We moved to Ramp from Expensify at our accountant's advice. We went with her advice due to ease of use, ease of Quickbooks sync, ability to send reminders with one click, and more. We are very happy with the decision to switch to Ramp.
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Return on Investment
MileIQ
  • Very automated, less than 10 minutes a week to categorize drives, another 10 minutes at the end of the month to create a report. Easy and efficient use of employee time.
  • Easily integrates with our Expense Management System and Accounting packages
  • No manual intervention at all required by employees - no tracking required on their part.
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Ramp Business Corporation
  • The actual dollar savings is difficult to determine at this point. We'll have a better idea the ROI at the end of the year. Previously, we received 1% back on all purchases with our corporate card. We receive 1.5% with Ramp, pay per number of cards annually (for Ramp Plus) to auto-lock cards and for additional features.
  • Time savings for admin and employees has been significant due to ease of use.
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ScreenShots

Ramp Screenshots

Screenshot of Screenshot of Screenshot of Slack integrationScreenshot of Vendor ManagementScreenshot of Automated savings insights