Ramp Rewind: Smarter spend controls and payment automation, plus our Android debut
- New bank referral program to help you diversify your funds
- Saving hours of low-value work for your employees
- Enabling smarter spend management with funds
- Helping your finance team streamline payments
Editor’s note: We publish quarterly Ramp Rewind posts to get you up to speed on the latest product features and updates.
We’ve been hard at work developing and launching new capabilities designed to save your organization time and money.
From new receipt integrations to more granular spend controls, we’re constantly iterating on how we can further improve the finance experience for everyone, from heads of finance to your accounting team and employees. Check out the latest roundup of Ramp innovations, including improved approval workflows, reimbursement enhancements, dark mode, and more.
New bank referral program to help you diversify your funds
We’re expanding our solutions to give Ramp customers more control over their finances. Our new bank referral program allows you to find trusted banking partners with our priority referral program, safely diversify your funds, and manage your cash flow in real time.
Saving hours of low-value work for your employees
Best-in-class mobile apps for team members on the go
Our Android app is now live! With the app, you can pay for expenses using your mobile wallet and link your physical card to any virtual limit. Our integrations with Lyft, Gmail, and others will auto-match your receipts to make expense reporting easy, or you can submit expenses by simply taking a picture of a receipt.
"Ramp is easy to use and very intuitive. The integration with our Gmail makes a huge difference because it automatically matches receipts to credit card charges which saves a lot of manual work." - Lisa Baker, Finance Accounting Specialist, Fleetwatcher
The app also provides visibility on expense policies, all transactions, and spend grouped by card limit. Download the app later this month in the Google Play store.
iOS users, your Ramp app got a few new updates also. You can now easily switch between business accounts and use the app to flag transactions, request policy exceptions, add attendees to meals, and more.
Time-saving receipt automation with Microsoft Outlook
Our new integration with Microsoft Outlook will help your team save countless hours with automatic receipt collection and matching.
Just like our other receipt integrations (Gmail, Amazon Business, Lyft, and more), the Microsoft Outlook integration enables automatic receipt capture for any receipt sent directly to your inbox. Ramp instantly scans the receipt and matches it to the corresponding transaction via cutting-edge image recognition software. Additionally, it only accesses essential data and deletes it once it’s no longer needed.
Enabling smarter spend management with funds
We launched funds, which allows you to spend from a specific budget and reimburse against it, providing you with total control over employee spend and flexibility.
With funds, users can:
- Spend from any fund with your physical card. Controls created for the fund are automatically applied to the physical card.
- Request a reimbursement from a fund
- Manage spend programs at scale while automatically classifying transactions.
- Transact on the go and switch funds for transactions made on your physical card.
"Managing corporate credit cards and spend through a traditional bank is laborious and tedious work. Ramp makes it easy to issue new physical and virtual cards and categorize spend. I can create rules to streamline our process by restricting cards by amount or category. I can rest easier knowing Ramp is enforcing spend policies for me." - Ryan Casupanan, Head of IT, Cadence
Helping your finance team streamline payments
Seamlessly match purchase orders on Ramp
Automatically 2-way match purchase orders created in NetSuite to bills in Ramp for a fast and seamless PO-to-Bill workflow. If a match isn’t automatically found, Ramp will list possible matches to help you quickly find the right PO. PO import and match will also be available for QuickBooks and Xero soon.
More updates behind the scenes
Our team has been hard at work to make admin controls, reimbursements, and workflows even more powerful. Here are a few other updates you might have noticed over the last few months.
- More sophisticated and flexible admin permissions. Owners can now control whether admins can self-issue and self-approve transactions (the default is ‘on’). This ensures that there is no unauthorized spending and that all transactions are accounted for.
- Increased control over approval workflows. Admins can create two new approval workflows: custom approval groups and approval owners for different departments and office locations. This allows you to assign groups and owners to approval policies to ensure coverage if an approver is out of office.
- Streamlined reimbursements. You can now split transactions on Ramp into multiple line items to properly allocate amounts to different accounts. Additionally, employees in France, Germany, the United Kingdom, Spain, and Canada now have the ability to submit mileage reimbursement requests.
- Dark mode makes its debut on Ramp. Avoid eye strain and cut glare with the flip of a switch!
"My personal favorite part of Ramp is that it has dark mode built-in. [It] makes the UI look very sleek." - Iesha Topaz, Sr. Product Designer, Healthie
“I assumed I would have to choose between speed and control. What I found is that you can have both. A well-designed system takes friction out, for the finance function and for everyone else.”
Justin Webster
CFO, Denver Broncos
“A well-run district should not have to choose between getting work done at the school site and keeping control of the dollars behind it. We're not hiring more people to do more jobs, so we have to be smarter about the process. With Ramp, the purchase, the receipt, and the record stay together from the start. ”
Nick Brizeno
Director of Purchasing, San Marcos Unified School District
“AI is moving faster than the finance context around it. Prices change, models change, and the value is not always obvious from an invoice. We needed enough detail to know which bets deserved more investment — and which ones did not.”
Greg Cooley
Controller, AngelList
“Invoices, cards, tokens. The categories change but the principle doesn't: know where the money is going, remove the work around it, and make sure the spend is worth it.”
Maciej Mylik. Finance
ElevenLabs
“There's just no surprises anymore. No more waiting two months to find out how a job did. We know how it's doing as it's happening.”
Erich Kuss
Financial Systems Manager, Infinity Home Services
“More token spend isn’t proof that AI is working. Less isn’t proof that it isn’t. What matters is whether we’re buying the right level of intelligence for the work. Ramp lets us make that judgment in the same place we manage every other type of spend.”
Cody Nutt
Senior Director of Business Systems, Daxko
“Most banks treat the back office as a cost to keep down. We treat ours as a return to compound, which is why we run it on Ramp. Now we put our clients on Ramp, too.”
Patrick Gaughen
President & COO, Hingham Institution for Savings
“Browserbase builds infrastructure so AI agents can do real work. Ramp is doing the same for finance. It’s not another tool. It’s a system purpose-built for AI-driven finance, and that’s why we chose Ramp as our financial operating system from day one.”
Paul Klein IV
Founder & CEO, Browserbase
