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.
McDonald's is the world's largest chain of fast-food restaurants, operating in over 100 countries with over 36,000 locations. Since its inception in 1940, McDonald's has become a household name and a staple of American culture. The company's mission is to "Feed the World" and provide their customers with high-quality, affordable, and convenient food. With a range of menu options and convenient drive-thrus, McDonald's truly embodies the fast-food experience.
Top 5 products and services offered by McDonald's are:
- Big Mac: The iconic sandwich made from two all-beef patties, special sauce, lettuce, cheese, pickles, and onions on a sesame seed bun.
- French fries: McDonald's fries are a staple of the fast-food experience, made from Russet potatoes and cooked until golden brown.
- Happy Meals: Designed for kids, the Happy Meal includes a main entree, side, drink, and a toy.
- McDelivery: Through partnerships with Uber Eats, DoorDash, and other delivery services, McDonald's offers home delivery of their menu items.
- Mobile App: Customers can order and pay for their McDonald's items from the convenience of their smartphone using the McDonald's app. Special deals and promotions are also offered through the app.
“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
