TrustRadius Insights
Ramp is a platform that offers users the ability to self-manage expenses and track budgets, allocations, and approvals. According to …
Overview
What is Ramp?
Ramp is a corporate card and spend management solution that helps companies of all sizes to accelerate growth without compromising on their finances. Boasting best in class user experience and a direct integration with the user's accounting solutions, the vendor…
Recent Reviews
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Reviewer Pros & Cons
Pricing
N/A
Unavailable
What is Ramp?
Ramp is a corporate card and spend management solution that helps companies of all sizes to accelerate growth without compromising on their finances. Boasting best in class user experience and a direct integration with the user's accounting solutions, the vendor states Ramp helps finance teams save…
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://ramp.com/pricing/?utm_source=re…
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
12 people also want pricing
Alternatives Pricing
What is Lola.com?
Lola.com, from Lola Travel Company headquartered in Boston, is a travel management platform featuring employee travel points and other rewards, travel spend tracking and management, generate travel itineraries and receipts, and other features.
What is ProcurementExpress.com?
ProcurementExpress.com is designed for small to medium-sized companies to gain full control of purchasing. Team members raise requests against specific pre-defined budgets. Managers approve, decline, or comment on requests - straight from their inbox. Once approved, team members can purchase the…
Product Details
- About
- Integrations
- Competitors
- Tech Details
What is Ramp?
Ramp is a corporate card and spend management solution that helps companies of all sizes to accelerate growth without compromising on their finances. Boasting best in class user experience and a direct integration with the user's accounting solutions, the vendor states Ramp helps finance teams save 1-2 days a week tracking expenses, following up with employees, and closing their books. With Ramp, companies have real time visibility into spending, automated expense reporting, and advanced insights into ways to cut spend.
Ramp Features
- Supported: Corporate Card
- Supported: Spend Control
- Supported: Workflow Management
- Supported: Prepaid Cards
- Supported: Budgeting & Forecasting
- Supported: Procurement Management
- Supported: Spend Analysis
- Supported: Supplier Management
- Supported: Vendor Management
Ramp Screenshots
Ramp Integrations
Ramp Competitors
- Expensify
- Brex
- BILL Spend & Expense
- American Express
- Concur
Ramp Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android, Windows Phone, Blackberry |
| Supported Countries | United States |
| Supported Languages | English |
Comparisons
Compare with
Reviews and Ratings
(59)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
- Recommendations
Ramp is a platform that offers users the ability to self-manage expenses and track budgets, allocations, and approvals. According to users, one of the main advantages of Ramp is its automation capabilities, which save them a significant amount of time. The platform is intuitive and easy to use for staff members, making it simple to create both physical and virtual corporate credit cards for business expenses. Users appreciate the automated expense matching with receipts, as it ensures compliance and reduces manual effort. They also receive text message reminders to add receipts after each transaction, improving receipt compliance and visibility. Additionally, Ramp enables users to issue and lock cards easily, providing both security and convenience. Temporary cards can be created for specific purposes, streamlining card management. The alerts and automated repeat expenses feature saves time for users by sending reminders and automating routine tasks. Furthermore, the upcoming feature that allows setting other managers to oversee team spending is highly anticipated by users. Overall, Ramp increases visibility into corporate card expenses and streamlines expense reimbursements, simplifying expense management for small teams. It provides convenient purchasing credit cards with good spending controls and reporting processes, making it a valuable solution for businesses seeking an easy-to-use expense management tool.
Ramp's platform also offers several benefits when it comes to tracking and monitoring spending. Users find that the system allows them to efficiently track recurring and one-time expenses while maintaining a better overall view of their financial activities. This has proven especially useful for finance teams, who can now track expenses by vendor using the virtual cards feature, gaining valuable insights in the process. Employees have quickly adapted to utilizing company cards through Ramp without the hassle of traditional expense reporting systems. The streamlined expense management process has been well-received by staff members who appreciate how it simplifies expense reporting and coding transactions. They report that Ramp reduces the time spent on expense reporting and bookkeeping while making it easy to implement within their workflow. Administrators also benefit from the platform, as it provides a zero-cost solution with higher rebates and a better overall view. With Ramp, they can efficiently monitor and manage expenses, ensuring responsible purchasing decisions across the organization. In summary, Ramp simplifies expense management, offers convenient purchasing options, and provides valuable insights into spending patterns for both employees and finance teams.
Flexibility in card options: Reviewers have appreciated the flexibility provided by the platform, such as allowing users to send employees physical Ramp cards and create as many virtual cards as needed. This feature has been highlighted by several users, providing them with different options to access and use their cards based on their preferences and needs.
Integration capabilities: Many reviewers found the integration capabilities of the platform to be beneficial. Specifically, they mentioned the integration with Amazon Business for matching receipts to spending transactions and the integration with Gmail for automatching receipts. These integrations have streamlined the expense tracking process for users, enhancing accuracy and efficiency.
Easy setup of virtual cards: Users have found it easy to set up virtual cards on the platform, allowing them to quickly create and manage virtual cards for different purposes. This functionality has been praised by multiple reviewers, as it reduces manual effort and ensures accurate record-keeping for expenses through email receipt matching.
Integration Issues: Some users have experienced problems with the integration of Ramp and Xero, finding that it does not work as expected. They have encountered difficulties in setting up the integration and have found the settings and configurations to be unintuitive.
Expense Reporting Challenges: Several reviewers have expressed frustration with the expense reporting process on Ramp. They feel that there is a need for more integrations to reduce the time spent on reporting expenses for grant reports. Additionally, some users have pointed out that Ramp does not immediately recognize purchase cancellations, resulting in unnecessary reminders to submit receipts or tag canceled purchases.
Lack of Mobile App: Users have requested a dedicated mobile app for both iOS and Android platforms. They believe that having a mobile app would improve their experience by allowing them to categorize expenses more easily, request temporary limit increases via Slack or mobile, and access Ramp's features on-the-go.
Users highly recommend Ramp for several reasons. Firstly, they find Ramp to be a great tool for payments and virtual credit card programs. Secondly, users recommend using Ramp for closing out the books easily and tracking expenses, as it simplifies the process significantly. Lastly, users appreciate that Ramp is easy to use, making expense reporting management a breeze. Users also recommend Ramp for improving expense tracking, purchase card programs, and reimbursement systems. They believe that Ramp is a good solution that is easy to implement and offers an excellent user interface. Additionally, users recommend Ramp for managing company expenses without a dedicated accounting team and as a must-have part of any growing company's core infrastructure.
Reviews
(1-7 of 7)Companies can't remove reviews or game the system. Here's why
July 10, 2023
Superior expense management platform
Score 10 out of 10
Vetted Review
Verified User
We have 40 credit card holders using a commercial corporate credit card. Ramp provides a zero cost solution with higher rebates (1.5%) so this expense management solution replaced a competitor. Ramp provides a better overall view for administrators with the ability to view spend across various merchants and spend categories.
- Matches receipts sent via text or email.
- Integrates with Amazon Business and matches receipts to spending transactions
- Integrates with gmail and provides another mechanism to automatch receipts to transactions.
- More flexible spend rule requirements that align with the $75 IRS compliance rule for food/travel purchases. Our organization has a $25 compliance threshold for food and travel. It would be helpful if Ramp provided the ability to customize this type of spending requirement for particular categories with respect to receipt requirements.
- A little more support in implementing a two-entity environment.
- Increased heads-up on : auto approval of credit card returns.
September 13, 2022
Great solution for our Organization!
We use Ramp for our commercial credit cards and expense reimbursements. The solution helped us with end-user simplicity. With other card programs, we struggled to get our staff to upload receipts and code their transactions. With the default coding capabilities and easy text/email receipt matching, this process has made it easier for everyone. We always get great feedback from our staff.
- Receipt Matching.
- Easy to use site.
- Simple export for upload into financial system.
- Have a mobile application.
- Integrate directly with more software than just Quickbooks (i.e. Blackbaud).
- Allow for travel notices to be added online.
September 13, 2022
Quick Ramp overview.
We use the Ramp to be able to allow users to self-manage expenses while being able to keep track of budgets, allocations, and approvals. In the past, we struggled to find a good platform for expenses that would have good approval flow while integrating with our accounting platform, and Ramp solved that problem.
- Expense
- One off credit cards
- Reimbursements'
- Suggestions for savings.
- Cash back on purchases.
- Payments integration with Xero doesn't quite work as expected.
- Some of where settings/configurations are, aren't intuitive.
September 01, 2022
Great tool for saving time and money and managing spending at your org
We were spending WAYYY too much time on spreadsheets tracking bank statements and expenses. Ramp has saved us so much time by automating tracking and spending. Ramp is really intuitive to use and administer to our staff. I really like that we can have unlimited virtual credit cards as it makes the reconciliation process 10x easier. After each transaction, you get a text message to prompt you to add a receipt which is a nice friendly reminder. And can't go wrong with no fees and cash back. Ramp is really good at allowing you to easily create a corporate credit card, whether physical or virtual, to pay for your business expenses. By simply forwarding your receipts to Ramp covering those expenses, it automates matching those expenses with your receipt and confirms that it is a valid business expense. So easy! Ramp also will send you reminders to submit receipts for expenses if you have not yet done so.
- Automating expenses
- Easy user interface
- Automated reporting
- Free virtual cards
- Great UX interface
- 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.
August 30, 2022
Ramp brought us into the 21st century!
We use Ramp to provide purchasing credit cards to our managers, and employees who travel. It provides us a very convenient way to get cards into people's hands quickly, but still has good spending controls, limits, and reporting processes.
- Virtual credit cards
- Spending controls and policies
- Expense reporting and approvals
- Integrations and onboarding
- Expense categorizing defaults
- Some minor UI polish quirks
August 30, 2022
Ramp brings a huge benefit to our nonprofit.
Ramp has been a useful tool to reduce time expense reporting and managing our bookkeeping. Their platform makes interaction with our staff simple to use and easy to implement. This also allows our finance team to easily overview spending on various team members' cards. Additionally, the use of virtual cards has enabled us to track expenses by vendor, which is hugely useful.
- Expense reporting
- Vendor spending
- Team and platform interaction
- Accessibility to smaller nonprofits
May 26, 2022
Ramp is an essential tool for any startup.
We use Ramp for corporate spending and reimbursements. With the ability to create virtual cards for an endless number of specific reasons, we can much more easily monitor, control, and manage our recurring and one-time expenses. We establish budgets for teams and projects, and those budgets are loaded into the cards we set up. As a startup still establishing our credit profiles, Ramp has made it very quick and easy to give our employees the autonomy they need to make purchasing decisions responsibly.
- Easy to set up virtual cards.
- Managing receipts/documentation for expenses.
- Management of recurring expenses.
- Hiding cards not active/in use.
- Integration with popular software tools to capture invoices that don't get emailed each month.
- Saving email address in login.