In this article
You might like
No items found.
See the latest spending trends for 25k+ companies on Ramp

Benchmark your company's expenses with Ramp's data.
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
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.
Ready to partner with Ramp?
Time is money. Save both.
Ready to partner with Ramp?
Time is money. Save both.
Ready to partner with Ramp?
Time is money. Save both.
Table of contents

As startups scale, financial responsibilities that were previously juggled by a full-time employee, often the CEO, become untenable. Growing teams need to delegate their financial responsibilities in order to move the business forward, but can often feel overwhelmed about how to do so. 

We’re excited to address this vacuum of information by partnering with Stripe Atlas to create a resource that can help finance leaders navigate these challenges. In the “Startup guide to hiring and managing your finance team”, Ramp’s co-founder and CEO, Eric Glyman, delves into exactly what startups need to do to establish a thriving finance function. This advice is based on Eric’s two-time founder experience and Ramp’s work with thousands of finance teams.  

How our guide is helping businesses optimize their finance function

Eric explains crucial insights such as what to look for in your first finance hire, sample interview questions to help you identify the right candidate, best practices for building a team, and a hiring plan blueprint for your first four years. 

Our key findings 

Key findings from the guide include:

  • Investment experience is being prioritized as a critical skill for job candidates: Due to the rise of venture capital, companies are reassessing hiring priorities and searching for candidates that excel at investor relations and building models, rather than just having a solid accounting background.

  • Startups are increasingly relying on fractional CFOs as a solution: Owing to greater acceptance within the startup community and technology decreasing the cost of outsourcing financial resources, fractional CFOs are rising in popularity for many startups. 
  • Focus on hiring specialists as you grow: A team full of generalists is fine in the beginning, but once you reach five hires, it’s time to search for specialists.
  • Building a remote team? Make sure to invest in payroll expertise: A payroll specialist who can manage the technicalities of making hires from different states and countries can save you a world of headaches and stress. 

Check out the full guide 

Download the full guide today.

Try Ramp for free
Error Message
 
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Former Sr. Content Marketing Manager, Ramp
Prior to Ramp, Stefanie worked as a finance reporter at Institutional Investor, where she covered everything from options to pension funds. She graduated from the University of Delaware with a degree in English and a concentration in journalism and later earned an MA in education from NYU. When she isn't immersed in content and thought leadership, Stefanie loves to play any and all racquet sports.
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.

FAQs

How The Second City expedited expense management and gained financial control with Ramp

“Just do it:” How Bratjen Construction Modernized Processes, Saved Time, and Improved Accuracy with Ramp

“Prior to Ramp, we had a handful of cards that our owners and leadership had access to, but it was more of a trust based system. Ramp has allowed us to give cards to more people, but the controls in Ramp ensure that the cards are used properly.”
Michael Irvin, Director of Operations, Bratjen Construction

How MAGNA-TILES® implemented a corporate card program, reduced stress, and prepared to build with Ramp

"In my day-to-day, Ramp helps me resolve things quickly and expedite month-end close. From an overall holistic business standpoint, we now have the ability to quickly scale as we add new users. It’s kind of crazy how quickly things have grown here, and Ramp has been a great partner for us in that growth.”
Tim Borse, Assistant Controller, MAGNA-TILES

How Eventbrite streamlined processes and improved UX with Ramp

"The Ramp dashboard easily shows how many cardholders are paying for the same subscription. Now the procurement team has the information they need to negotiate a corporate package.”
Laura Moreno, Sr. Manager, Global AP, Eventbrite

How Evans Hotels saved time and gained spend visibility with Ramp

“Ramp has been a big win for us when it comes to transparency and visibility. If the executive team wants to dig into spend at a property or review purchases the teams are making, we can have that information really quickly and are confident it’s accurate.”
Caryn Fink, Director of Accounting, Evans Hotels

How Ramp became KIPP Nashville’s biggest financial win

"There was no fire drill for the beginning of the school year this year, because the schools had a process. Ramp will ingest the line items automatically, so no more manual import. It’s made the process so much easier."
Carey Peek, CFO, KIPP Nashville Public Schools

How SAMGI saved time, reduced fraud, and improved employee experience with Ramp

"We transitioned to Ramp without a hitch—our vendors didn’t even notice. Plus, we were able to switch to suppliers with better pricing, thanks to Ramp’s automated receipts and controlled budgets."
Kathleen Cole, Corporate Controller, Surgical Affiliates Management Group