Report
// Preventing expense fraud and related risks
Legacy expense management is consuming your time and money
The hidden risks slow, opaque systems present to your business.
Decades-old card and expense management infrastructure increases fraud, which costs companies an average of $50,000 per year.
Transactions that take days to show up prevent finance teams from spotting and stopping out-of-policy and fraudulent spend.
Ramp's real-time transaction visibility, card spending controls, and automated reconciliations save customers an average of 36 hours and $22,000 every month.
Summary
Businesses continue to lose more money to fraud, and finance teams remain hamstrung by a lack of proactive expense controls and time-consuming approvals. A modern card and expense management solution can resolve these problems, saving your business real time and money.
What you'll learn
Get a breakdown of four critical vulnerabilities in legacy expense systems and best-in-class solutions for each one.
