Why trust Ramp?
Ramp is a spend management platform used by over 15,000 businesses for easy-to-use cards, spend limits, approval flows, vendor payments, and more. Ramp has merchant data on over 1 million unique acceptors, over 8x more than other credit card charge databases. Merchant charges aren’t always recognizable on card statements, and Ramp’s exhaustive dataset is the most reliable way to better understand where and why charges are appearing on your statements.
Amazon is one of the largest and most successful online retailers in the world, founded in 1994 by Jeff Bezos in Seattle. The company initially began as an online bookstore but has since expanded its product and service offerings to include clothing, electronics, furniture, home goods, and more. Amazon's success can be attributed to their convenient and efficient shopping experience, fast shipping, and excellent customer service. The company also offers numerous other services, including cloud computing, streaming media, and artificial intelligence.
Top 5 Products and Services:
- Amazon Prime: A subscription service that includes free two-day shipping, streaming of movies and TV shows, access to Kindle ebooks, and more
- Amazon Echo: An intelligent personal assistant that can play music, control home devices, answer questions, and much more
- Amazon Web Services: A cloud computing platform that provides infrastructure services, storage options, and more to businesses and individuals
- Amazon Marketplace: A platform for third-party sellers to sell their products on Amazon's website, allowing for a larger selection of products for customers to choose from
- Amazon Fresh: A grocery delivery service that allows customers to order fresh groceries online and have them delivered to their doorstep, making grocery shopping quick and easy
“Accurate classification of expenses is vital for businesses as it forms the backbone of financial reporting, tax compliance, and strategic decision-making. It enables businesses to track and analyze their spending patterns, identify cost-saving opportunities, and assess the profitability of various operations or projects.”
Audrey Carroll
Senior Manager, Accounting, Ramp
