See how your company's expenses stack up
As a business leader, you’re being asked to make tough decisions about your company’s spending. See where Ramp customers are continuing to invest and where they are pulling back.
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Summary
What you'll learn
We’ve analyzed hundreds of thousands of transactions made on Ramp to see how companies are adapting to a changing financial landscape. This report will give you valuable insights into how your company spend compares and set you up to make more informed decisions.
Key findings
01
Overall spending grew in Q1, but not steadily, reflecting the unsettled state of the economy.
02
Supply chain woes were evident in Q1. Purchasing in key categories like electronics fell while shipping costs increased.
03
T&E spend was back on the books. Flights overtook entertainment as the third-largest T&E expense.
“Business spending is under intense scrutiny, amidst soaring inflation, rising interest rates, and an official bear market. Ramp’s data will help you make more informed decisions.”
Ian Macomber, Head of Analytics Engineering & Architecture, Ramp
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