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Why trust Ramp?
Ramp is a spend management platform used by over 25,000 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.
Sam's Club is a retail warehouse club that aims to provide members with access to high-quality products and services at an affordable price. They are a subsidiary of Walmart and were founded in 1983, with their headquarters located in Bentonville, Arkansas. Sam's Club operates on a membership basis where customers can purchase an annual membership to have access to the store and their offerings. Sam's Club offers a wide range of products and services for their members, including electronics, furniture, groceries, and more.
Their top 5 products and services are:
- Groceries: Sam's Club offers a variety of groceries at a great value. They provide fresh produce, meat, seafood, and bakery goods.
- Tech and Electronics: Sam's Club carries a range of tech products and electronics such as laptops, TVs, headphones, and smart home devices.
- Pharmacy Services: Members can use Sam's Club Pharmacy to fill prescriptions and receive affordable medication.
- Fuel: Sam's Club has over 500 locations that offer fuel at competitive prices to their members.
- Auto and Tires: Sam's Club Auto and Tires offers a range of services including tire installation, oil changes, and battery replacement. Members can also purchase tires, auto accessories, and tools at a great value.
“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
Tired of manually categorizing confusing charges? See how Ramp can automate this for you in the demo below
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