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Why Midearix partnered with Ramp to transform procurement and finops
Driving innovation and inclusivity in procurement with cutting-edge technology
Midearix is a group purchasing platform specializing in emerging spend categories like transportation, corporate travel, and renewable energy. It drives value creation for its members by offering pre-negotiated agreements, streamlining sales cycles, and fostering partnerships that reduce costs and boost supplier revenue. Founded by Madison Mobley, a leader with extensive experience in supply chain, procurement, and technology, Midearix addresses the challenges caused by tight budgets and resource constraints. To further its mission, Midearix partnered with Ramp to deliver streamlined finance operations and enhanced value for its members.
The partnership builds on Madison’s deep familiarity with Ramp, which she used extensively in her previous roles. Ramp provided her with unparalleled visibility and control, whether she was managing physical cards for business travel or overseeing team-wide financial workflows. "As both an individual contributor and a manager, Ramp transformed the way we handled expenses—it became a seamless part of our operations," she recalls. These experiences reinforced Ramp's potential as an essential tool for Midearix’s members.
Midearix serves organizations that face challenges like cash flow fluctuations and the need for financial discipline to attract investors. By leveraging Ramp’s real-time insights, automated workflows, and centralized expense management, members can optimize spending, maintain stability, and lay the groundwork for sustainable growth. Since launching just a few months ago, Midearix has already helped its members achieve significant savings on their spend, particularly in categories like corporate travel and office supplies, thanks to Ramp’s AI-powered vendor analysis and cost optimization tools. These early successes highlight the value Ramp brings to small and midmarket businesses navigating complex procurement and financial landscapes.
Group purchasing organizations (GPOs) like Midearix are leveraging advanced tools to transform how businesses manage procurement and spending. Ramp stands out as a prime example, offering seamless digital card integration, workflow automation, and AI-powered insights. These technologies enable businesses to scale efficiently while maintaining transparency, governance, and financial control. (For more details, explore Ramp’s guide on how group purchasing organizations operate.)
What’s next? Madison is excited about the rapid changes in procurement and supply chain industries. “Advancements in AI, digital storefronts, and SaaS platforms are unlocking new opportunities to modernize operations,” she says. Midearix is leading the way by building a marketplace that combines GPO activities with innovative technology. By integrating tools like Ramp, Midearix helps businesses of all sizes optimize financial operations and maximize the benefits of group purchasing.
Midearix is a collective buying engine that accelerates revenue growth and enhances profitability for its stakeholders. Members gain access to competitive pricing and significant cost savings through customized agreements, while supplier partners benefit from fast-tracked access to new sales channels through community-led growth. As a minority- and woman-owned business, all business transacted on the Midearix platform drives economic impact.
