MineralTree vs. Ramp

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MineralTree
Score 4.4 out of 10
Mid-Size Companies (51-1,000 employees)
MineralTree automates accounts payable and payments by connecting a business' ERP/Accounting Software to their business bank account. Since the October 2021 acquisition it is a Global Payments brand.N/A
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
MineralTreeRamp
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
MineralTreeRamp
Free Trial
NoNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeRequiredNo 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
MineralTreeRamp
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User Ratings
MineralTreeRamp
Likelihood to Recommend
7.5
(2 ratings)
9.5
(31 ratings)
Usability
-
(0 ratings)
9.1
(7 ratings)
User Testimonials
MineralTreeRamp
Likelihood to Recommend
Global Payments
If you are looking to save time on recording transactions. This has been a great time saver, all transactions are easily reconciled and they are automatically posted in Netsuite.
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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
Global Payments
  • Great Customer Service. Whenever there is an issue they are very responsive in helping with the issue.
  • At the time it was cheaper than Bill.com for most of the same functionality.
  • Integrated with QuickBooks relatively well.
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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
Global Payments
  • We had some improvements that wanted to be made but so far over the 2 years with them they have made the updates we wanted.
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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
Global Payments
No answers on this topic
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
Global Payments
It doesn't. Hands down Bill.com is a better platform that over time has only gotten better.
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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
Global Payments
  • Cost of AP.
  • AmEx integration will allow us to accrue points on our card.
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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

MineralTree Screenshots

Screenshot of AP and Payment Automation from MineralTree

Ramp Screenshots

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