Full-Time
Posted on 2/21/2025
Corporate card and spend management platform
Mid, Senior
New York, NY, USA
Relocation support to NYC or SF.
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Ramp provides a corporate card and spend management platform that helps businesses track expenses and save money. The platform allows finance teams to manage corporate cards, expense reports, and bill payments in one place, and it integrates with tools like Slack for added convenience. Ramp serves a wide range of clients, from large enterprises to creative agencies, and aims to reduce overall expenses through its comprehensive financial tools. Unlike competitors such as Amex and Brex, Ramp generates revenue through interchange fees on card transactions and subscription fees for advanced features. The company's goal is to streamline financial operations for businesses and help them achieve significant cost savings.
Company Size
1,001-5,000
Company Stage
Series D
Total Funding
$1.1B
Headquarters
New York City, New York
Founded
2019
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Competitive salaries: You never have to wonder how your pay compares. Our generous comp reflects our belief that you’ll take Ramp to the next level.
Comprehensive health plans: US-based employees get full medical, dental, and vision insurance coverage. Everyone gets a monthly stipend for personal wellness.
Professional development: Take advantage of our annual education stipends to stay on top of your personal growth.
Unlimited PTO: Flexible vacation days give you the time to step away, unwind, and recharge.
Philadelphia Eagles star Saquon Barkley stars in a Super Bowl LIX ad for Ramp, a financial services startup he has invested in. The 15-second ad, Ramp's first Super Bowl commercial, highlights its AI-driven expense management. Founded in 2019, Ramp is valued at $7.65 billion and has raised $1.2 billion in equity and $700 million in debt. Barkley's investment aligns with his business strategy, joining major investors like Sequoia Capital. His Super Bowl presence boosts his marketability.
This content does not express the views or opinions of Spend Matters.Ramp recently hosted a panel of seasoned procurement practitioners to discuss and debate next-gen procurement, how procurement should be positioned and approached for businesses implementing a formal process for the first time, and practical steps to stand up a function from scratch. You can watch the full discussion in the video below or read a detailed recap of the key takeaways.Procurement is no longer just a back-office function. It’s evolved into a strategic part of an organization that directly influences the bottom line. By managing costs earlier, negotiating better supplier terms, and ensuring the best value for money, procurement has become a critical driver of long-term financial performance. Below are key considerations to transform the procurement process from a ticketing function followed by a handful of employees to one that actually drives down costs and is 100% adopted by employees. Reposition procurement Procurement is only successful if employees actually adopt and follow your process. It must be approachable. In many organizations, procurement is often perceived as a “black box” or a slow-moving, bureaucratic process that eventually creates friction between procurement teams and other departments, especially if employees feel that procurement is a barrier to getting their work done.Create a “people-first” approach to procurement that emphasizes relationships over processes and takes the time to deeply understand employee needs
Ramp has added a treasury solution to its financial operations platform. The new Ramp Treasury allows businesses to earn 35 times more on their operating cash in a Ramp Business Account than the national average, or potentially earn higher yields in an investment account, the company said in a Wednesday (Jan. 22) press release. The solution also enables businesses to get around three extra days of working capital and incremental earning by paying bills the day they’re due, and to receive artificial intelligence-powered automated balance alerts and liquidity forecasting, according to the release
Streamlines and automates accounting processes to help shared customers close the books more quickly and accuratelyNEW YORK, Jan. 9, 2025 /PRNewswire/ -- Ramp, a Workday , Inc. (NASDAQ: WDAYI) Innovation Partner, today announced its Design Approved Integration with Workday Financial Management. The integration allows businesses to automatically sync their Ramp corporate card data with Workday Financial Management, replacing manual data entry with a smooth, automated process.Workday Financial Management unifies a full range of core financial capabilities to help provide organizations with the real-time insight, agility, and efficiency required to meet the complex needs of today's business landscape.Workday Financial Management users who adopt Ramp can streamline their financial management processes, reduce manual work, and gain better insights into their financial data across both platforms – on top of Workday's existing comprehensive set of financial tools. Specific features include:Real-time data syncing : Every dollar spent on Ramp syncs immediately with Workday, speeding up month-end close and improving data accuracy.: Every dollar spent on Ramp syncs immediately with Workday, speeding up month-end close and improving data accuracy. Advanced accounting automations : Ramp's sophisticated accounting automations - like conditional filtering, bulk editing, and AI-powered coding suggestions - replace manual processes and free up time for more strategic work.: Ramp's sophisticated accounting automations - like conditional filtering, bulk editing, and AI-powered coding suggestions - replace manual processes and free up time for more strategic work
PixelsThis content does not express the views or opinions of Spend Matters.Indirect spending can be the silent killer.Software, consultants, office supplies and maintenance — whether you know it or not these costs are taking a bite of your bottom line. In fact, software and tech spend is often one of the five largest spend categories (behind line items like Cloud, advertising and payroll), with an estimated 11% growth in worldwide business spending.But cutting back on these costs never feels quite as urgent as purchases tied directly to revenue. So, when is it time to prioritize indirect spending to get the right controls in place?I’ve been a procurement practitioner for more than 20 years and led procurement modernization in different industries and business environments. Here are the five inflection points every business leader must know.1. Your company is growing, and so are your expensesIf your company is experiencing high growth, your expenditures are likely increasing across the board. More employees, big projects and new departments often come with a broader range of indirect costs — everything from travel expenses to software tools