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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.
The Home Depot is a home improvement retailer that specializes in selling appliances, building materials, tools, hardware, furniture, and home decor items. The company was founded in 1978 and operates more than 2,200 stores across North America, including the United States, Canada, and Mexico. The Home Depot is known for offering high-quality products at affordable prices, as well as providing exceptional customer service through its knowledgeable sales staff and convenient online shopping platform. Whether customers are renovating their homes, building a new deck, or simply looking for a new power tool, The Home Depot has everything they need to get the job done right.
The top 5 products and services offered by The Home Depot include:
- Appliances: The Home Depot sells a wide range of appliances, including refrigerators, ranges, dishwashers, microwaves, and washing machines. Customers can choose from top brands like Samsung, LG, Whirlpool, and GE.
- Building Materials: The Home Depot offers a variety of building materials for both indoor and outdoor projects, such as lumber, roofing, siding, and drywall. Customers can also find insulation, flooring, and tile for their homes.
- Tools: The Home Depot provides a large selection of hand tools and power tools, including drills, saws, sanders, and air compressors. Customers can also rent equipment like trucks, lawn mowers, and pressure washers.
- Home Decor: The Home Depot has a wide selection of home decor items, such as lighting fixtures, area rugs, window treatments, and wall decor. Customers can also find furniture for every room in their home, from living room sofas to bedroom sets.
- Home Services:The Home Depot offers a variety of home services, including installation, remodeling, and repair services. Customers can get help with anything from replacing a ceiling fan to remodeling their kitchen.
“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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