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.
Walmart is a multinational retail corporation that was founded in 1962 in America. It has grown into one of the largest retailers in the world, with over 11,300 stores in 27 countries. Walmart's mission is to help people save money and live better by offering low prices on a vast range of products. They cater to the needs of every customer by providing products ranging from groceries, electronics, cosmetics, clothing, furniture, and home decor. Walmart is known for its affordable prices, exceptional customer service, and a vast range of products, making it a go-to retail store for many customers.
Top 5 products and services provided by Walmart:
- Groceries: Walmart provides a wide range of grocery products, including fresh produce, meat, bakery, dairy products, and frozen foods.
- Pharmacy: Walmart has an in-store pharmacy and online prescription service that provides affordable medication and healthcare services.
- Electronics: Walmart sells a wide range of electronics and gadgets, from TVs to computers, smartphones, and accessories.
- Clothing: Walmart offers clothing for men, women, and children of all ages. They have a vast range of affordable fashion and accessories for everyone.
- Home products: Walmart has a variety of products for the home, including furniture, home decor, kitchen, and cleaning supplies. They offer affordable options for everyone's needs and preferences.
“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
