Report
// 6 hidden costs of reimbursements
Why corporate cards outperform reimbursements every time
See how the old way increases time and money spent on expenses
Employees who use personal cards for business travel spend up to 25% more than those using corporate cards.
89% of business travelers admit to submitting an expense that may violate policy — and it's much easier to do with reimbursements..
Companies can save 50+ hours per month and close the books 4x faster by eliminating reimbursements.
Summary
For years, reimbursements have been the default for managing out-of-pocket employee spend. But this outdated model creates hidden expenses that compound over time, from fraud to poor visibility that slows finance teams.
Our new analysis of millions of Ramp transactions reveals that modern corporate cards eliminate these costs by enforcing policy at the point of spend and showing spend in real time.
What you'll learn
Discover how reimbursements can increase fraud, fuel out-of-policy spend, delay the monthly close, and strain employees' finances.
