Best expense management for mobile app startups

The most innovative mobile app startups trust Ramp's free expense management solution to control spend, save time, and empower team members across the globe.
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Create your expense policy in minutes

Creating your own expense policy with Ramp only takes minutes. Ramp reviews every single expense the instant it happens and flags out-of-policy expenses for review.

Empower your employees

With the custom expense policy in place, employees have spend guidelines to adhere to while feeling empowered to make smart business spending decisions. You can issue unlimited cards at scale in seconds to your employees and limit spending to certain amounts, categories, and vendors.

Automate expense categorization

Just snap a photo of your receipt and text it to Ramp, our AI-powered technology will match it to the appropriate transaction. Ramp also automatically categorize your expenses based on the rules you create.

FAQ

What is Ramp?
Ramp is the finance automation platform designed to save you time and money. Ramp is 5-in-1 software that consolidates corporate cards, expense management, bill payments, accounting automation, and insights and reporting into one user-friendly free platform providing you the best control and visibility.
What is expense management automation?
Expense management tracks, monitors, audits employee spends, and approves or reimburses the expenses that are aligned with the company's expense policy. The traditional expense management process typically includes 5 - 10 manual steps and uses a paper- and spreadsheet-based system that requires a lot of time and energy to maintain and store. Finance team members have to chase down employees for receipts and expense reports at each month end to make sure the timely and accurate reimbursement and reporting. Unlike traditional expense management, expense management automation system like Ramp allows you to use software to automatically manage recording, tracking, reviewing, approving, and reporting for any employee expenses. Following the company's own expense policy, Ramp also automatically helps assure no one is overspending on any areas.
Why should my company automate expense management?
Unlike traditional expense management that requires a time-consuming manual process, expense management automation can benefit your business in the following ways: 1) significantly simplify the expense reporting process for both employees and managers, 2) save a significant amount of time for finance teams so that they can focus on what matters the most, and 3) help finance leaders get access to real-time visibility into company spending insights and trends.
How can Ramp help my company automate the expense management process?
Here are just a few ways Ramp can automate your expense management: 1) Advanced card level controls: Ramp allows Admins to set and adjust spend limits on every card used in the business business. Managers can do the same with their teams. 2) Receipt and memo requirements: Admins can also set the business-level threshold for receipts, and then receive SMS or email notifications whenever these large transactions occur. 3) Automatic receipt matching: Employees are prompted to provide their receipts after each transaction, and Ramp will automatically match their receipts with the appropriate transactions. 4) Request and approval workflows: Employees can request to spend within Ramp, and you will be able to review and approve the spend in real time. 5) Multi-level approvals: You can set up custom approvals flows to help track approved expenses and new cards that are being created for employees and managers. 6) Real-time visibility: Through the Ramp dashboard, Admins can easily remind team members to upload their receipts, as well as view spend analytics and identify trends.
How can Ramp help my company save time?
Here are just a few ways Ramp saves you time: 1. Automatic expense submission: our automatic receipt matching saves time for both employees and finance teams. Users who make purchases simply need to take a picture of their receipt, then text or email it to Ramp! This also means that your finance team no longer needs to chase after employees for receipts. 2. Automatic categorization: Ramp automatically categorizes transactions based on the rules you set up so you can close your books more quickly. 3. Automatic policy enforcement: Ramp automatically declines out-of-policy transactions and flags them to the manager and your finance team. 4. Automatic invoice management: Ramp uses Optical Character Recognition (OCR) to automatically recognize the invoice and receipt details. 5. Automatic accounting sync: Your finance team can connect Ramp with your existing accounting software and sync Ramp data to your accounting system, making reconciliation simple.

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