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Table of contents

It seems hard to believe, but somehow we’re already halfway through 2024. It seems the only thing moving faster than the calendar is our product. 

And we’re not slowing down. In fact, we just released our biggest update of the year. 

Read on for a breakdown of all the great features we released in Q2, or watch our recent webinar.

Better business travel is here.

For most companies, booking travel is painful and expensive. But it doesn’t have to be! With Ramp Travel, businesses can centralize 100% of their T&E spend on one intuitive platform. Build custom travel policies to prevent out-of-policy spend on everything from per-diems to hotel rates. Ramp will automatically collect and match receipts across all transactions and route to the right budget and category. 

If your team is traveling for an offsite, you can even share a limit and let team members spend towards it, saving you from the labor-intensive monotony of approving the same expense over and over again.

“With the addition of Ramp Travel, we will have consolidated four platforms into one.” – Andrew Clarke, VP Finance, STUDS

See more info: 10 frequently asked questions about Ramp Travel. Interested in a feature you don’t see listed? Send your feedback and ideas at [email protected].

New automations to streamline your bills

Our latest accounts payable features are designed to help you manage bills more easily. Reduce the time spent going back and forth between platforms, emails, receipts, etc. You can now automatically send vendors a secure, single-use card that locks and matches the transaction to your bill once paid, all while earning cashback on every bill payment. And we’ve added the ability to take actions in bulk—allowing you to edit dates, descriptions, accounting categories, and much more. 


Have any recurring bill payments that you manage? Whether for rent or utilities, set up automated and scheduled bills on a recurring cadence and choose an end time if needed. You can also see the status of your bills—existing recurring series, bills part of a series, and future bills in a series. 

“We used to have so many fraud issues. We were paying hundreds of bills monthly by check and it left our organization exposed. Ramp has completely solved the issue—it’s a cure-all.” – Michelle LaBonney, Director of Finance & Operations, Nevada Partnership for Homeless Youth

Make purchases seamless (and transparent).

Looking to save time and cut costs? Set tolerance thresholds to auto-block bill creation if the matched invoice and PO line item exceed your preferred amount or percentage. Employees can drop in screenshots, order forms, or contracts into a procurement request form, and Ramp will scan and populate the request automatically. They can also code tracking categories for expense line items or select inventory from NetSuite and QuickBooks directly in the form.

"We had a procurement process before, but it was so manual. It used to take five emails to get the right approvals, then we had to manually create the PO and resend that over email. Now the requestor just puts it into Ramp and the approval workflow triggers right away." – Chad Nichols, Controller, Ultra Clean Express"

Close your books with more control and accuracy 

Keeping accurate records of transactions shouldn’t be so challenging. That’s why we built new enhancements to simplify your month-end process. You can now choose to use either the clearing date or transaction date for reports in Ramp. If you use Sage Intacct and Xero, you can also adjust the bill accounting date to make reporting more precise.

You can now choose to use either the clearing date or transaction date for reports in Ramp. If you use Sage Intacct and Xero, you can also adjust the bill accounting date to make reporting more precise.

And for customers on the Ramp Plus plan—if your company has international subsidiaries using their own currency, you can choose what currency to use when syncing expenses. 

“Ramp has been a saving grace by organizing and consolidating systems and giving us real time visibility across 23 entities.” – Shawn Gordon, Sr. Accounting Manager, Heyday Wellness
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Senior Product Marketing Manager, Ramp
As a Senior Product Marketing Manager at Ramp, Laura strategizes and oversees release marketing for all Ramp product launches. Prior to Ramp, Laura has worked in the B2C space as a PMM in industries across GoPuff, Zillow, and Uber. During her free time, she's spending time outdoors in Seattle, WA.
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 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

How Ramp made life easier for Adrift Hospitality

“Before Ramp it was more complicated and tedious to do expenses. Honestly it used to be my least favorite tasks- reconciling and coding charges at the end of each month. There are so many more impactful places I can spend my time.”
Beck Blasko, COO, Adrift Hospitality

How Precision Neuroscience streamlined systems and slashed data entry with Ramp

"Ramp’s OCR has been so useful on the procurement side. It automatically takes all the information from the quote and saves all the data entry that we would have otherwise had to type into a purchase order.”
Brian Lautenbach, Financial Controller, Precision Neuroscience

How Liquid Measurement Systems reduced fraud, improved UX, and drove efficiency with Ramp

“Because people can do their own receipts so easily and code in real-time, our accountant has minimal work to do at the end of the month."
Sarah Paxman-Bean, Director of Finance & IT, Liquid Measurement Systems

How Pair Eyewear consolidated systems, enhanced efficiency, and refocused resources with Ramp

“We love NetSuite and Ramp together. It’s like they’re long lost cousins and they’ve come back together. It’s like they were built for each other.”
Staci Robinson, AP Manager, Pair Eyewear