December 16, 2020
Product update

Introducing Ramp reimbursements

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We're excited to launch Ramp Reimbursements - the easiest way to pay back your employees for expenses that don't fit on Ramp cards. Employees can now submit out of pocket expenses for approval and get paid back directly on Ramp.

How we got here

Ramp's goal is to make every company financially fit. We started our journey by building the most advanced corporate card on the market - one that automates your expenses and accounting, and saves your company money. The feedback has been overwhelmingly positive, and the ask consistent: customers want more on Ramp.

With T&E spend down by 87%, the need for complex and expensive expense management solutions has dramatically decreased. The rise of spend management solutions like Ramp has made it easy for employees to put business expenses on corporate cards, replacing the need to pay out of pocket and hope to be reimbursed. Need to buy a standing desk for your home office? Simply request and get issued a one time virtual card with the right embedded budget.

By approving spend up front and putting spend on a single platform, finance teams stay in the know and in control. Still, some expenses can't be put on a card - like cash expenses, car depreciation, and incidentals. That's why we built Ramp Reimbursements: a lightweight solution that enables employees to submit out of pocket expenses and get paid back directly on Ramp.

Introducing Ramp Reimbursements

With Ramp, companies can now handle all of their expenses from a single powerful tool including software, advertising, inventory, travel and now out of pocket expenses. Finance teams no longer have to juggle multiple disjointed and expensive solutions, like outdated corporate card solutions (Amex, Chase) or clunky expense management solutions (Expensify, Concur). By consolidating spend on one platform, that's one less tool to pay for each employee, configure, and maintain.

Best of all, finance team enjoy all the perks of the Ramp platform, including best in class user experience, embedded controls and alerts, 1 click approvals from Slack, and advanced accounting integrations. Ramp enforces your expense policies so you can worry about what matters - like keeping your company afloat.

"I see no reason why we need Expensify anymore. Let's get rid of it NOW!"—Hunter, Director of Finance, Feelmore Labs

Switch to Ramp

This holiday season, gift yourself and your employees a better expense experience. Ditch your expensive and clunky expense management solution and switch to Ramp. It takes 15 minutes to get onboarded, and we'll waive all fees for 2021 if you sign up by Dec 31, 2020.

Learn how Ramp strengthens your finances

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Geoff Charles
Head of Product, Ramp

Geoff has been building financial services for over 10 years, ranging from management consulting at Oliver Wyman to product development at LendUp, Nomis Solutions, and Mission Lane.

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Meet our customers

How we helped Bubble streamline operations and save $9k/month with Ramp Bill Pay

How we helped WizeHire save over $100k in annual SaaS spend with Ramp

How we helped Sandboxx replace Amex, Expensify, and Bill.com with Ramp

How we helped SwagUp save over $30k in SaaS spend

How we helped Fi scale its finance function

Marqeta closes its books 88% faster with Ramp + Sage

How Long Meadow Ranch got on top of its multi-entity spend

Learn more about Ramp

Streamline approvals.
Review requests, pre-approve expenses, and issue general expense cards in a few clicks – or directly in Slack. Delegate approvals and empower your team leads to spend on the things they need and control their team’s expenses.
Learn more
Issue instant cards.
Unlimited virtual and physical cards with built-in spend limits, instantly available for everyone in your team. Define spend rules and let your smart cards enforce your policies automatically. No more surprises or under-the-radar spending.
Learn more
See spend as it happens.
Stop waiting on monthly statements or manual spreadsheets. Find, browse, and download real-time transactions from any employee, department, or merchant – on any device.
Learn more
Close your books 5x faster.
An accounting experience by finance teams, built for speed and efficiency. Automate manual processes and start enjoying instant reconciliation – Ramp does all the heavy lifting.
Learn more
Trim wasteful spend.
Ramp analyses every transaction and identifies hundreds of actionable ways your company can cut expenses and alerts your team via email, SMS, or Slack. It’s like having a second finance team, laser-focused on cutting costs.
Learn more
Consolidate reimbursements.
Ramp makes it easy to reimburse your employees for any incidental out-of-pocket expenses. Review, approve, and pay employees back for anything that didn’t make it onto a card with the rest of your Ramp transactions.
Learn more

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