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.
IKEA is a multinational furniture and home furnishings company known for its ready-to-assemble furniture, kitchen appliances, and home accessories. With a wide range of products, IKEA aims to provide affordable and functional solutions for every room in the home. Founded in Sweden in 1943, IKEA has expanded globally and operates over 400 stores in more than 50 countries.
- Furniture: IKEA offers a wide selection of furniture for every room in the house, including sofas, beds, tables, and storage solutions.
- Kitchen Appliances: IKEA provides a range of kitchen appliances such as stoves, refrigerators, dishwashers, and microwaves to help customers create their dream kitchens.
- Home Accessories: From lighting fixtures to throw pillows, IKEA offers a variety of home accessories that add style and functionality to any living space.
- Textiles: IKEA sells a range of textiles, including curtains, rugs, and bedding, to help customers personalize their homes and create a cozy atmosphere.
- Décor and Organization: With a wide selection of wall art, decorative items, and storage solutions, IKEA helps customers add the finishing touches to their homes and stay organized.
“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
