Top SaaS vendors on Ramp (July 2024)
Every month, over a billion dollars get processed on Ramp cards for business expenses. These purchases run the gamut—ranging from coffee chats with colleagues to advertising and new software vendors.
Individually, these expenses don’t paint much of a picture. But when you put together hundreds of thousands of transactions, the data can tell a clear and compelling story about market trends, companies on the rise, and so much more.
Check out the top tools that Ramp customers purchased in June and what they reveal about current business priorities.
By new customer count | By new card spend |
|---|---|
1. Squarespace | 1. Carta |
Takeaways:
- Companies are racing to build their own AI models, as evidenced by OpenAI’s appearance. And while it didn’t crack the top five, Anthropic wasn’t far behind in the customer count dataset.
- Businesses are investing in their web presence, with design tools like Squarespace, Adobe, and Canva dominating the list of top vendors by new customer count. These tools likely cater to smaller businesses, while larger companies purchase tools like Webflow and WordPress through accounts payable.
- LinkedIn is the only tool on both lists, underscoring how critical it is for business operations of all kinds, from recruiting to learning and development and sales.
- People Data Labs provides compliant identity data to businesses. Its appearance stands out, suggesting more companies are investing in accurate—and compliant—person and company profiles to enrich their demand generation, recruiting, and fraud prevention efforts.
What jumps out at you from this data? Let us know on Twitter or LinkedIn. We’ll be back next month with fresh data.
“Our previous bill pay process probably took a good 10 hours per AP batch. Now it just takes a couple of minutes between getting an invoice entered, approved, and processed.”
Jason Hershey
VP of Finance and Accounting, Hospital Association of Oregon
“When looking for a procure-to-pay solution we wanted to make everyone’s life easier. We wanted a one-click type of solution, and that’s what we’ve achieved with Ramp.”
Mandy Mobley
Finance Invoice & Expense Coordinator, Crossings Community Church
“We no longer have to comb through expense records for the whole month — having everything in one spot has been really convenient. Ramp's made things more streamlined and easy for us to stay on top of. It's been a night and day difference.”
Fahem Islam
Accounting Associate, Snapdocs
“It's great to be able to park our operating cash in the Ramp Business Account where it earns an actual return and then also pay the bills from that account to maximize float.”
Mike Rizzo
Accounting Manager, MakeStickers
“The practice managers love Ramp, it allows them to keep some agency for paying practice expenses. They like that they can instantaneously attach receipts at the time of transaction, and that they can text back-and-forth with the automated system. We've gotten a lot of good feedback from users.”
Greg Finn
Director of FP&A, Align ENTA
“The reason I've been such a super fan of Ramp is the product velocity. Not only is it incredibly beneficial to the user, it’s also something that gives me confidence in your ability to continue to pull away from other products.”
Tyler Bliha
CEO, Abode
“Switching to Ramp for Bill Pay saved us not only time but also a significant amount of money. Our previous AP automation tool cost us around $40,000 per year, and it wasn’t even working properly. Ramp is far more functional, and we’re getting the benefits at a fraction of the cost.”
Frank Byers
Controller, The Second City
