In this article
You might like
No items found.
See insights on how 25k+ customers spent on Ramp in 2024
4.8 stars
1,900+ reviews
Error Message
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Spending made smarter
Easy-to-use cards, spend limits, approval flows, vendor payments —plus an average savings of 5%.1
4.8 Rating 4.8 rating
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get fresh finance insights, monthly
Time and money-saving tips,
straight to your inbox
4.8 Rating 4.8 rating
Thanks for signing up
Oops! Something went wrong while submitting the form.
Table of contents

What do businesses get from automating their finance operations with Ramp? Time back, cost savings, and a sense of relief that add up to a 503% return on investment, according to Forrester.

Recently, Forrester Consulting conducted an independent study to measure Ramp's potential impact on customers and their businesses. Their results are in: customers interviewed saw a substantial return on investment, saving $90k and over 6,500 hours of work for employees after three years with Ramp.

To see the full analysis, download The Total Economic Impact™ Of Ramp study.

Customers saved thousands of dollars—and hours—each year

As part of the commissioned study, Forrester spoke with companies with as many as 1,500 employees to create a 250-person composite organization. Ramp helped customers significantly reduce wasteful spending by consolidating their finance tools and improving their employees’ efficiency. 

Benefits broke down along these lines for the composite organization:    

  • Cost savings for the company: Ramp cut the number of finance tools businesses needed to issue corporate cards, control expenses, pay invoices, automate accounting, manage procurement, and more. AI-powered automation analyzed incoming transactions to prevent common errors like duplicate invoices and out-of-policy spending. Cashback rewards and vendor discounts led to additional savings. 
  • Time savings for accounting teams: Ramp automatically coded transactions and followed up on out-of-policy expenses, speeding up reconciliation and saving the organization 1,200 hours of accounting work. 
  • Even more time savings for employees: Ramp gave 5,400 hours back to employees outside of finance by automating their expense submissions. The software collected receipts, categorized transactions, and routed expenses for approval—all of which helped employees spend less time on menial work and more time on higher priorities.

Finance teams set up and rolled out Ramp in weeks

While enterprise tools often require long and involved implementation periods, customers told Forrester that Ramp was seamless to set up and easy for employees to adopt. It usually takes just one full-time employee to roll out Ramp over the span of a few weeks. Businesses with established policies and approvals reported needing even less time. A Head of Accounting at a financial services company said, “[We issued] a corporate card in seconds, and Ramp hooked up to our ERP system right away.”

The combination of significant savings and low setup costs led Forrester to conclude that the composite organization saw a 503% return on investment within three years of switching to Ramp

Let Ramp get to work for you

Help your business grow faster with tools that work tirelessly on your behalf. Ramp is a modern financial operations platform that delivers tangible savings. Download the Forrester study to see how Ramp has helped enterprises of all sizes work more efficiently. Then join us for a webinar on July 9th featuring Forrester and Ramp customer Smart City as guest speakers discussing the benefits and costs of modern-day finance automation.

Try Ramp for free
Error Message
No personal credit checks or founder guarantee.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Vice President of Product Marketing, Ramp
Nami Sung runs product marketing—as well as a few other functions—at Ramp. Among other things, she and her team launch new products, showcase our amazing customers, and help users understand and get more out of our solutions. Prior to Ramp, she led product marketing at Slack for 7+ years and worked in solar energy, payments, Twitter, and health tech before that.
Ramp is dedicated to helping businesses of all sizes make informed decisions. We adhere to strict editorial guidelines to ensure that our content meets and maintains our high standards.


How Ramp helped Zola do more with less

“We’re trying to get into a good rhythm of closing the books within 10-12 days, and Ramp has been a huge, huge lifesaver and time saver for us.”
Joe Horn, VP Controller, Zola

How Gill’s Onions increased compliance, drove efficiency, and reduced tears with Ramp

How Dragonfly Pond Works leveled up expense management with Ramp

“Creating efficiency is an important part of an effective finance team. To scale you can’t only increase the size of the team. You have to complement with technology.”
Austin Mcilwain, CFO, Dragonfly Pond Works

How Girl Scouts of the Green & White Mountains saved 20+ hours per month with Ramp

"With the time we've saved with Ramp, we can do more of the analysis work and speed up essential processes like month-end close."
Stuart Rothberg, Finance Director, Girl Scouts, Green & White Mountains

How 8VC resolved accounting coding challenges, increased spend visibility, and cut time to close with Ramp

“With Ramp, we have complete control and governance over company-wide spend in real time...we can easily close expenses by the first week of the month versus the third or fourth week of the following month.”
Nichole Horton, Controller, 8VC

How Studs consolidated expense management, travel, and bill pay into Ramp’s single efficient platform

“Ramp Travel gives me the ability to set the controls I need, and employees the freedom and flexibility to book travel easily."
Andrew Clarke, VP Finance, Studs

How Mindbody & Classpass saved time, enhanced visibility, and improved usability with Ramp

“We were going to hold office hours, but it was so quiet that we never needed to. All the feedback was positive -- it was very easy to roll out.”
Heather Bruzus, Principal Accountant, Mindbody & Classpass