At Ramp, we're developing next-generation finance operations tools that help businesses save time and money. We’re delighted that this work has led Fast Company to recognize Ramp as the #1 Most Innovative Company in finance:
"Barely a year after its launch, Ramp is the fastest-growing corporate card in the United States. Its 2,000 enterprise customers—from the real estate broker Douglas Elliman to the creative agency Red Antler—use Ramp to consolidate corporate cards, expense management, bill payment, and more into one Slack-integrated platform. Ramp gives businesses the ability to build custom parameters into their cards, making it easy for its customers to keep costs in check and enforce expense policies."
Since day one, we’ve taken a differentiated approach to financial services. Most of the industry incentivizes businesses and individuals to spend more money, while our entire business model and product roadmap revolve around helping our customers save more.
Instead of navigating complicated points or rewards programs, Ramp customers get unlimited 1.5% cashback on all of their purchases. Our AI-generated insights help them easily identify wasteful business spending across their entire organization, such as duplicate or unused subscriptions. Digitized expense policies automatically control how employees use their corporate cards, drastically reducing out-of-policy spending.
In the past year, we’ve released capabilities that have never been seen before in the industry, including merchant restrictions that allow businesses to completely block transactions from specific vendors. Through our Buyer service, we even help customers find and negotiate better deals so they aren’t overpaying on big-ticket items like software.
The corporate workplace is changing rapidly, and we're helping companies adapt and thrive in this new environment. By offering virtual cards, remote organizations are able to instantly provide new employees with the tools they need to be successful. Out-of-the-box integrations with Slack, HR, and accounting systems fully eliminate expense reports and streamline operations. As business travel resumes, Ramp for Travel gives employees full travel flexibility while helping finance teams keep T&E costs under control.
Innovation in tech and financial services typically stems from consumer products and then trickles into business offerings over time. At Ramp, we’re committed to flipping this model on its head and developing new ways to champion and support the diverse range of businesses we serve.