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The Ramp Blog
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Article
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5 Minute read
Building Ramp’s accounting function: Four lessons from my first 1000 days
Ramp's Senior Controller Edwine Alphonse shares her top insights for building and scaling a high-performing accounting team, based on her experience growing Ramp's 6-person accounting team supporting a company of 600+ employees.
Article
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5 Minute read
How to make the inevitable transition from QuickBooks to NetSuite
Migrating to a new ERP is a complicated process. Ramp's Senior Controller Edwine Alphonse shares tips for evaluating different accounting providers and ensuring a smooth rollout.
Webinar
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5 Minute read
Navigating nonprofit accounting
We invited three nonprofit accounting experts to share insights on navigating donor restrictions, fund accounting, and complex reporting requirements to help you expand your nonprofit's impact.
Article
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5 Minute read
How accounting firms can scale their client advisory services
CAS is the fastest-growing segment in the profession. Check out 5 insights on how you can scale your firm’s client advisory services to deepen your partnership with clients.
Article
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5 Minute read
How to perform an accounts payable audit
Procure-to-pay analyst Ruchi Jindal has worked with numerous companies to improve their internal processes. She shares what auditors typically look for in an accounts payable audit and how small businesses can get ahead of common control weaknesses to prevent fraud.
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5 Minute read
How to set up an automated workflow for invoice approvals
Invoice approval is just one part of the bigger AP process. In this article, we'll share how end-to-end automation can help you with invoice approval, and your AP process at large.
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5 Minute read
Is your billing cycle negatively impacting your cash flow?
Billing cycles are an often overlooked but an important aspect of your overall financial strategy. We'll explain how you can use them to your advantage.
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5 Minute read
How to automate your invoice processing in 3 steps
As a business, paying your invoices on time can lead to better service and vendor relationships. Learn how to streamline your workflow and enhance efficiency with these 3 steps.
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5 Minute read
Introducing three-way match, intake with AI, and more procurement upgrades
Since Ramp Procurement launched in January, customers have experienced an average of 8.5x faster purchasing cycles and caught $50+ million in overbilling errors. Our Head of Procurement TK Kong announces four new upgrades to further improve intake-to-pay.
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Article
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5 Minute read
Top SaaS vendors on Ramp (Sept 2024)
Every month, billions of dollars get processed on Ramp cards for business expenses. And every month, we share the new vendors that customers are purchasing for the first time.
Customer Story
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5 Minute read
How Skin Pharm leveled up its procurement with Ramp
Before Ramp, Skin Pharm used Google Sheets to track supply orders. With Ramp, everything is tracked on one platform, reducing approval time to 48 hours and speeding up procurement by 2x.
Article
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5 Minute read
Quantifying the Pumpkin Spice Latte (with real spend data)
It's officially PSL season. While the seasonal drink always captures the cultural zeitgeist, we can also confirm it's a meaningful driver of business. (And yes, we brought the receipts.)
Article
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5 Minute read
Research shows modern corporate cards bolster—not hinder—compliance
According to a study commissioned with Morning Consult, 77% of respondents report that employees with corporate cards are actually more compliant with expense policies than those without. See how corporate cards impact expense management costs and employee satisfaction.
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5 Minute read
Sharing corporate cards? Don't sacrifice security for convenience
Ramp's Information Security Lead Jonathan Aluveaux explains how limiting the number of corporate cards can lead to poor practices that expose companies to serious security risks.
Customer Story
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5 Minute read
How Seed optimized increased expense compliance with Ramp
As a rapidly-growing startup, Seed places a lot of spend on credit cards. To speed up its close, the team uses Ramp to automate receipt management and integrate with QuickBooks.
Article
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5 Minute read
Do business credit cards affect your personal credit score?
New business owners don't always have the credit history to apply for a card under their business entity. They may have to link their credit card to their personal credit score. Here's what you need to know.
Article
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5 Minute read
Eric Glyman on using AI to radically boost internal productivity
Our CEO and co-founder recently joined venture capital firm FirstMark at their Data Driven event to discuss how startup leaders can stay on the bleeding edge of AI, machine learning, and data technology—not just in their products, but also internal operations.
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5 Minute read
How we built Ramp by taking asymmetric risks
When it comes to startups, 90% of them don't make it. Ramp's co-founder and CTO Karim Atiyeh shares how founders can achieve greater chances of success by making smarter bets.
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5 Minute read
How to set up your org to support emerging low-CAC strategies
Ramp's growth advisor Guillaume Cabane shares his playbook for helping business leaders scale their demand generation efforts and gain a competitive edge.
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5 Minute read
Companies go all in on AI—5 charts show how
AI was the fastest-growing expense in Q2 as companies lean on the technology to unlock efficiency gains and capabilities. Our Head of Data Science shares 5 charts showing its rise.
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Webinar
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5 Minute read
Optimize business travel for growth and savings
Business travel is back in full force. As a distributed workforce looks to get together in person, costs are rising across the board. Join us on July 16th to hear how finance leaders at Studs and Gregorys Coffee revamped their travel programs recently to control expenses and boost efficiency.
Customer Story
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5 Minute read
How Betterment manages corporate spend for five entities
Betterment's finance team was spending hours each week reviewing expense reports. Learn how they used Ramp's NetSuite integration to improve reimbursement time by 50%.
Article
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5 Minute read
It's time for effortless expenses
The average 200-person company spends over 330 hours per year processing expense reports. Ramp's Lead Product Manager Isabella Turchetta shares how companies can recoup these hours.
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5 Minute read
7 travel and expense policy best practices for company travel
Learn how to optimize your company's business travel expenses with a clear and comprehensive T&E policy.
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5 Minute read
How AI is modernizing finance: Insights from Sage Transform 2024
Thousands of finance professionals recently convened at the annual Sage Transform 2024 conference in Las Vegas to discuss how artificial intelligence (AI) and automation are reshaping the finance sector. Cutting-edge finance teams are applying AI in six key ways.
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5 Minute read
How to build a budget that will grow, not constrict, your business
Some leaders see a budget as restrictive. Ramp's Head of FP&A and Growth Finance Asher Kaplan shares how we built our first budget and turned it into a tool that facilitates growth.
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5 Minute read
4 ways to jumpstart your finance function
Learn the best options for getting a finance team up and running, what experience to look for in your first finance VP, interview questions to ask, and strategies to avoid overhiring.
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Podcast
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5 Minute read
How Artem Mashkov of SwagUp is investing in FinOps
SwagUp's CFO Artem Mashkov spoke with Ramp's former VP of Finance & Capital Markets Alex Song about ideal finance team structure and how to use FinOps to gain a competitive edge.
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5 Minute read
Living by our own ethos: How Ramp saved time and money with procurement
Ramp's Senior FP&A Manager, Peter Mark, shares how the team recently saved six hours of review time per month and $350k in vendor spend by revamping its procure-to-pay experience.
Article
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5 Minute read
Introducing three-way match, intake with AI, and more
Since January, Ramp Procurement customers have experienced an average of 8.5x faster purchasing cycles and caught $50+ million in overbilling errors. Here are four new upgrades.
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Customer Story
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5 Minute read
How NPHY simplified procurement, saved time, and improved transparency
Using Ramp Procurement, nonprofit NPHY improved PO approval time by 90% and saved six hours per month. More importantly, the team can now devote more time to its mission of helping homeless youth.
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Webinar
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5 Minute read
Intro to Ramp Procurement
Ramp Procurement helps you capture unmanaged spend with an intuitive purchasing experience. Get an inside look into Ramp Procurement with our Head of Procurement, TK Kong.
Article
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5 Minute read
What’s new in Ramp: August 2024
From customizable CSV export to saved filters in Bill Pay, this month’s updates are all about personalizing your Ramp setup to match your unique workflows. Watch our video recap for a full breakdown.
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5 Minute read
Meet Ramp Travel: Smarter business travel, from booking to book close
Employees can now book flights and hotels directly on Ramp at industry-low rates—and finance teams can automatically enforce customizable travel policies before takeoff.
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5 Minute read
Forrester: Ramp delivered 503% ROI to customers
What do businesses gain from Ramp's automation? Time back, cost savings, and a sense of relief that add up to a 503% return on investment, according to Forrester.
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5 Minute read
Introducing our inaugural Accounting Partner Advisory Board
Meet the 10 exceptional leaders who will help us ensure that the perspectives of accountants and our shared customers are always at the forefront of Ramp's development.
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5 Minute read
What first-time purchase data on Ramp reveal about business priorities
Wondering what aspect of your operations will benefit most from new software tools? Take a hint from our list of top software vendors that Ramp customers are transacting with.
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5 Minute read
Forecasting and spend management in a cash-tight environment
Capital’s high cost means business leaders can no longer afford to focus primarily on growth. Acuity Accounting's President Matthew May shares how businesses can balance growth and expenses.
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5 Minute read
How to control the maverick spend wreaking havoc on your budget
Maverick spend can cause significant issues for your company's bottom line, especially since it goes largely unnoticed most times. But with the right systems in place, it can be avoided entirely.
Article
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5 Minute read
Toward a healthy spending—and savings—culture
Your organizational culture affects every aspect of your company—including finance. Learn how to build a healthy spend culture that empower employees while preventing unchecked spending.
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Webinar
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5 Minute read
Strategies to prevent vendor and expense fraud
Vendor overbilling, fake or overstated expenses, business email compromises—these are just a few common sources of fraud that threaten to eat into your bottom line. Learn the best practices to prevent fraudulent disbursements from Sprig's Head of Finance Jenny Jao and Ramp's Head of Fraud Risk Alex De Jesus.
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5 Minute read
Using vendor scorecards to improve supplier performance analysis
Done right, vendor scorecards can be a huge benefit for businesses trying to stay on top of vendor performance by helping them take corrective action should anything go awry.
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Article
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5 Minute read
Price Intelligence extension: Your gateway to transparent SaaS pricing
Introducing Ramp's Price Intelligence extension, designed to bring clarity and transparency to SaaS pricing. This tool is a game-changer for businesses of all sizes.
Article
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5 Minute read
13 net-30 accounts and vendors to help your business build credit
Building a good credit score for business loans can make it easier for you to secure financing in the future when your business needs it. One easy way to start building credit is by using net-30 accounts.
Article
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5 Minute read
How Ramp raised $150M in debt financing from Goldman Sachs
How do you raise a large debt facility from a top tier institution like Goldman Sachs? Ramp's former VP of Finance & Capital Markets Alex Song shares when finance teams should consider debt financing and the nuts and bolts of the process.
Article
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5 Minute read
One-click financing for invoices—now part of Ramp Bill Pay
Ramp Flex helps businesses pay vendors without hurting their cash flow and unifies payments and financing to drive business growth.
Customer Story
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5 Minute read
How Eight Sleep launched a new product with Ramp
Eight Sleep needed to build up inventory and cover international shipping costs for the launch of Pod 3. But their cash conversion cycle length and vendor terms limited their ability.
Article
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5 Minute read
How to secure working capital for your company
There’s no such thing as too much working capital, but how much is enough? And if you need more, where can you get it? Small business finance expert Philip Handke shares six strategies.
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