The Ramp Blog
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5 Minute read
Before you offshore accounting, automate
As finance leaders plan for 2025, many controllers are offshoring work in response to staffing challenges. Ramp's Senior Controller Edwine Alphonse explains how Ramp uses automation instead to keep its accounting team efficient—and lean.
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How to make the inevitable transition from QuickBooks to NetSuite
Migrating to a new ERP is a complicated process. Ramp's Senior Controller Edwine Alphonse shares tips for evaluating different accounting providers and ensuring a smooth rollout.
Webinar
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5 Minute read
All the ways Ramp helps you speed up your close
Dan Luthi, COO at Ignite Spot Accounting Services, and Alejandro Borgonovo, Ramp's Accounting Lead, discuss how finance teams can use Ramp's accounting automation to speed up daily tasks.
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How accounting firms can scale their client advisory services
CAS is the fastest-growing segment in the profession. Check out 5 insights on how you can scale your firm’s client advisory services to deepen your partnership with clients.
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Introducing batch payments, payment step approvals, and more Bill Pay upgrades
Ramp Bill Pay eliminates the repetitive, error-prone tasks that make accounts payable one of the most frustrating and time-consuming functions in finance. Today, more than 60% of bills on Bill Pay are created without entering a single keystroke. Read about our latest updates.
Webinar
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5 Minute read
How to manage 10x the invoices in half the time
It's possible to automate 95% of manual AP work—yes really. See how Ramp Bill Pay helps AP teams handle invoice variations, balance control with efficiency, and minimize redundancy.
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Is your billing cycle negatively impacting your cash flow?
Billing cycles are an often overlooked but an important aspect of your overall financial strategy. We'll explain how you can use them to your advantage.
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5 Minute read
How to automate your invoice processing in 3 steps
As a business, paying your invoices on time can lead to better service and vendor relationships. Learn how to streamline your workflow and enhance efficiency with these 3 steps.
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The art of hiring: insights from Khosla Ventures, Airbnb, Ramp and Traba
Smart hiring can mean the difference between high growth and startup failure. Khosla's Keith Rabois, Ramp's Eric Glyman, Airbnb’s Brian Chesky, and Traba’s Mike Shebat recently took the stage at Ramp to share their experiences and lessons learned.
Webinar
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5 Minute read
Finance AI: the crawl-walk-run playbook
Nicolas Boucher—a finance AI expert who has trained CFOs, teams, and more—shares how finance professionals can use ChatGPT to draft reports, suggest analyses, generate charts, and more.
Customer Story
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5 Minute read
How Boys & Girls Clubs of America improved efficiency and spend visibility
Boys & Girls Clubs of America's VP Controller Jason Penegar needed a way to focus his team’s time on value-additive activities, and systems and processes that are intuitive for the entire organization.
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How CFOs can guide AI conversations at the executive level
CFOs everywhere are getting asked how AI should fit into their budget. Ramp's Expert-in-Residence David Wieseneck shares five ways for finance leaders to steer these crucial conversations.
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Research shows modern corporate cards bolster—not hinder—compliance
According to a study commissioned with Morning Consult, 77% of respondents report that employees with corporate cards are actually more compliant with expense policies than those without. See how corporate cards impact expense management costs and employee satisfaction.
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Sharing corporate cards? Don't sacrifice security for convenience
Ramp's Information Security Lead Jonathan Aluveaux explains how limiting the number of corporate cards can lead to poor practices that expose companies to serious security risks.
Customer Story
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5 Minute read
How Seed optimized increased expense compliance with Ramp
As a rapidly-growing startup, Seed places a lot of spend on credit cards. To speed up its close, the team uses Ramp to automate receipt management and integrate with QuickBooks.
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Do business credit cards affect your personal credit score?
New business owners don't always have the credit history to apply for a card under their business entity. They may have to link their credit card to their personal credit score. Here's what you need to know.
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5 Minute read
How retailers are spending ahead of the holidays
Retailers are competing for $1.59 trillion in holiday retail sales this year, according to Deloitte. Ramp’s spending data for thousands of B2C businesses show retailers experimenting with new tactics—from leaning into non-traditional channels to testing new AI software.
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How we built Ramp by taking asymmetric risks
When it comes to startups, 90% of them don't make it. Ramp's co-founder and CTO Karim Atiyeh shares how founders can achieve greater chances of success by making smarter bets.
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How to set up your org to support emerging low-CAC strategies
Ramp's growth advisor Guillaume Cabane shares his playbook for helping business leaders scale their demand generation efforts and gain a competitive edge.
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Building, growing, and scaling startup teams
Ramp’s VP of Product Geoff Charles recently sat down with Stripe and Nourish leaders to discuss the different approaches they’ve taken to hiring, company culture, and team structure to drive velocity.
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Simpler and more efficient expenses for everyone
33% faster transaction review. 50% faster repayment when employees spend out-of-policy. See the latest updates to Ramp's expense management capabilities that get employees in and out of the platform—and back to the work that matters.
Customer Story
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5 Minute read
How Betterment manages corporate spend for five entities
Betterment's finance team was spending hours each week reviewing expense reports. Learn how they used Ramp's NetSuite integration to improve reimbursement time by 50%.
Webinar
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5 Minute read
Optimize business travel for growth and savings
As a distributed workforce looks to get together in person, travel costs are rising. See how Studs and Gregorys Coffee revamped their travel programs to control expenses and boost efficiency.
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5 Minute read
7 travel and expense policy best practices for company travel
Learn how to optimize your company's business travel expenses with a clear and comprehensive T&E policy.
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Anduril CFO Babak Siavoshy on the finance function of the future
In a recent conversation with Ramp CEO Eric Glyman, Anduril CFO Babak Siavoshy shared how the company is disrupting a slow-moving industry and what it means to be a high-impact CFO in the age of data and AI.
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Avoiding financial pitfalls: Insights startups need to grow
Experienced startup leaders including Ramp's Head of FP&A and Growth Finance Asher Kaplan share how startup founders can mitigate risks and maximize opportunities.
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5 Minute read
4 ways to jumpstart your finance function
Learn the best options for getting a finance team up and running, what experience to look for in your first finance VP, interview questions to ask, and strategies to avoid overhiring.
Podcast
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5 Minute read
How Artem Mashkov of SwagUp is investing in FinOps
SwagUp's CFO Artem Mashkov spoke with Ramp's former VP of Finance & Capital Markets Alex Song about ideal finance team structure and how to use FinOps to gain a competitive edge.
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Living by our own ethos: How Ramp saved time and money with procurement
Ramp's Senior FP&A Manager, Peter Mark, shares how the team recently saved six hours of review time per month and $350k in vendor spend by revamping its procure-to-pay experience.
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Introducing three-way match, intake with AI, and more
Since January, Ramp Procurement customers have experienced an average of 8.5x faster purchasing cycles and caught $50+ million in overbilling errors. Here are four new upgrades.
Customer Story
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5 Minute read
How NPHY simplified procurement, saved time, and improved transparency
Using Ramp Procurement, nonprofit NPHY improved PO approval time by 90% and saved six hours per month. More importantly, the team can now devote more time to its mission of helping homeless youth.
Webinar
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5 Minute read
Intro to Ramp Procurement
Ramp Procurement helps you capture unmanaged spend with an intuitive purchasing experience. Get an inside look into Ramp Procurement with our Head of Procurement, TK Kong.
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2024 recap: celebrating a year of velocity
In 2024, we set out to deliver new ways to save businesses more time and money. To count down to the new year, we asked our designers, engineers, and product managers to tell us about their favorite Ramp features and the impact they've seen. Check out our recap video.
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Meet the App Center—the gateway to a smarter financial future
World-class teams need world-class tools. But getting these systems to work together? Forget about it. Meet the App Center—a powerful new hub designed to streamline your financial operations by connecting you to the best tools available for finance teams.
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Forrester: Ramp delivered 503% ROI to customers
What do businesses gain from Ramp's automation? Time back, cost savings, and a sense of relief that add up to a 503% return on investment, according to Forrester.
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Introducing our inaugural Accounting Partner Advisory Board
Meet the 10 exceptional leaders who will help us ensure that the perspectives of accountants and our shared customers are always at the forefront of Ramp's development.
Report
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5 Minute read
Fall 2024 business spending benchmarks
Each quarter, the Ramp data team analyzes billions of dollars processed on the platform to see what businesses are prioritizing. Our latest report show how companies are spending on AI models, conference travel, holiday advertising, and more.
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Forecasting and spend management in a cash-tight environment
Capital’s high cost means business leaders can no longer afford to focus primarily on growth. Acuity Accounting's President Matthew May shares how businesses can balance growth and expenses.
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5 Minute read
How to control the maverick spend wreaking havoc on your budget
Maverick spend can cause significant issues for your company's bottom line, especially since it goes largely unnoticed most times. But with the right systems in place, it can be avoided entirely.
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5 Minute read
Toward a healthy spending—and savings—culture
Your organizational culture affects every aspect of your company—including finance. Learn how to build a healthy spend culture that empower employees while preventing unchecked spending.
Webinar
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5 Minute read
Strategies to prevent vendor and expense fraud
Vendor overbilling, fake expenses, email compromises—these are just a few common sources of fraud that threaten to eat into your bottom line. Sprig's Head of Finance Jenny Jao and Ramp's Head of Fraud Risk Alex De Jesus share advice on preventing fraudulent disbursements.
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Using vendor scorecards to improve supplier performance analysis
Done right, vendor scorecards can be a huge benefit for businesses trying to stay on top of vendor performance by helping them take corrective action should anything go awry.
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5 Minute read
Price Intelligence extension: Your gateway to transparent SaaS pricing
Introducing Ramp's Price Intelligence extension, designed to bring clarity and transparency to SaaS pricing. This tool is a game-changer for businesses of all sizes.
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5 Minute read
13 net-30 accounts and vendors to help your business build credit
Building a good credit score for business loans can make it easier for you to secure financing in the future when your business needs it. One easy way to start building credit is by using net-30 accounts.
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How Ramp raised $150M in debt financing from Goldman Sachs
How do you raise a large debt facility from a top tier institution like Goldman Sachs? Ramp's former VP of Finance & Capital Markets Alex Song shares when finance teams should consider debt financing and the nuts and bolts of the process.
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5 Minute read
One-click financing for invoices—now part of Ramp Bill Pay
Ramp Flex helps businesses pay vendors without hurting their cash flow and unifies payments and financing to drive business growth.
Customer Story
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5 Minute read
How Eight Sleep launched a new product with Ramp
Eight Sleep needed to build up inventory and cover international shipping costs for the launch of Pod 3. But their cash conversion cycle length and vendor terms limited their ability.
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5 Minute read
How to secure working capital for your company
There’s no such thing as too much working capital, but how much is enough? And if you need more, where can you get it? Small business finance expert Philip Handke shares six strategies.
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