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Spending made smarter
Easy-to-use cards, spend limits, approval flows, vendor payments —plus an average savings of 5%.1
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Companies spend billions on software each year and the average business using Ramp is managing hundreds of subscriptions at once. We’ve heard software eating the world, but it’s eating up our customer’s budgets too. It’s become nearly impossible to keep track of every service that its workforce has purchased, making wasteful spending rampant at most companies where you may have five different subscriptions for the exact same service. We expect this problem to only increase as more people than ever work remotely, and adopt new tools to keep them productive and collaborative.

Ramp is here to help businesses regain control and implement critical vendor management best practices, while still empowering people to adopt the tools they need. Today, we’re excited to introduce Ramp Vendor Management, a new way to track and manage payments to all vendors across a company. With Ramp's Vendor Management platform, finance teams can:

  • Get a birds eye view of all payments. Ramp will automatically identify and collect all vendors and contract owners in one place, notify when the next payment is due, and track how much has been spent with each vendor over time.
  • Streamline purchasing. Ramp centralizes all requests and approvals for new vendors, eliminating "shadow IT" while empowering people to add the services they need in a simplified, controlled way.
  • Eliminate wasted spend. On average, 38% of software licenses are inactive each month. Ramps makes it easy to spot any duplicate spending and set limits or rules around new vendors. We’ll even look for better deals with the vendors already in use, so businesses can save even more.


a bar chart showing the amount of money spent by a person

Tools that help people track and manage their subscriptions and recurring payments have long existed for individuals. Most are familiar with Mint, which helps people to keep an eye on recurring bills and subscriptions, so they can budget accordingly. We created Vendor Management because we believe businesses should be empowered with this same sense of transparency and simplicity, without needing to manage several different spreadsheets and services.

Ramp is excited to empower finance teams to cut down on spend by predicting the future. Vendor Management takes us one step further on our journey to be the only corporate card that actually strengthens a businesses finances. On average, a company with 100 employees that uses Ramp saves $15,000 a month today. We measure our success on our ability to increase this number over time, and we believe Vendor Management will be an important step in that direction!

If you’re a business that would like to get started with Ramp, sign up today.

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Vice President of Product, Ramp
Geoff Charles is the VP of Product at Ramp, leading the product management, operations, and support teams. He has been working in financial services for over a decade across B2B and B2C. Prior to Ramp, Geoff helped spin off Mission Lane and scaled credit products to millions of consumers. He started his career advising Fortune 100 financial services companies and is now focused on building better software to disrupt them.
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.

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