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ResourcesArticles
March 2, 2023


RAMP RANKED #1 MOST INNOVATIVE IN NORTH AMERICA BY FAST COMPANY FOR HELPING
BUSINESSES SAVE MORE ‍

Brad Mattick
,
CMO, Ramp

Jump to section:
 * Ramp’s finance automation platform is built for immediate savings
 * The future of finance is here 
 * The card is just the start

See Ramp in action
Our product demo will show you how powerful Ramp can be for your business
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We are delighted to announce that Ramp has been named #1 in North America on
Fast Company’s Most Innovative Companies list and #9 worldwide. This
distinguished award recognizes companies that are transforming industries and
driving real impact. This is the second year in a row that Ramp has been
recognized by Fast Company and our boosted rankings are a testament to the
continued value we drive for customers through our counterintuitive model:
creating a finance automation platform designed to help businesses save more.

‍

From day one, we knew combining intelligent spend management software and
corporate cards would help our customers build more sustainable businesses. No
other company gives finance teams instant access to powerful software that
allows them to confidently manage their entire flow of business spend in real
time.

‍

This is a paradigm shift from the status quo; the old world of corporate cards
disconnected from software is obsolete and archaic. For too long, companies have
suffered with siloed card and expense management solutions, creating
inefficient, burdened finance teams that lacked an automated and tightly coupled
system of reporting and control. This in turn saddled regular employees with
monotonous, low-value work. It's time for a better way.

‍

At Ramp we are creating the best version of finance operations with a corporate
card anchored by software that generates efficiency and savings with every
swipe. We are fortunate to partner with forward-thinking finance teams who value
operational rigor, especially in the current economy. Leading companies like
Webflow have used Ramp to reduce their reconciliation time by 75% while also
achieving better financial control and deeper spend visibility.   

‍


RAMP’S FINANCE AUTOMATION PLATFORM IS BUILT FOR IMMEDIATE SAVINGS

What matters most to finance leaders is conserving their organization's most
valuable assets: time and money. Rather than asking businesses to spend big on
exorbitant initial costs only to provide lackluster results, we’ve created a
finance automation platform that delivers at the outset. 

‍

Time savings: To date, we've saved teams 5.8 million hours of painstaking,
low-value work—including 87 thousand hours of finance teams' time mapping
transactions to accounting categories and 1.1 million hours of employee time
manually submitting expenses. In the last six months alone, we’ve saved
employees over 60 working years that would have been spent on submitting
receipts and filing expense reports. 

‍



 

Money savings: Our commitment to saving businesses their most precious resources
has paid off in spades for our customers. We've saved businesses over $405
million through a combination of cashback and savings insights.

‍



‍


THE FUTURE OF FINANCE IS HERE 

These time and money savings didn’t materialize out of thin air. We achieved
these outcomes not by automating the status quo, but instead by innovating both
software advances and new financial products that drive real customer
savings.   

‍

Each of the capabilities we launched over the last year—from flexible financing
for all bills to AI-powered receipt matching integrations—are indicative of this
strategy, and represent the customer-centric thinking that we use as the north
star for our products. Why couldn’t businesses get 30-day payment terms when
they were paying bills by ACH or check? Why were employees still spending hours
uploading receipts that were sitting in their inbox?

‍

By tackling these kinds of questions, we’ve helped our customers save more via
consistent spend controls, real-time reporting insights, and improved visibility
across all accounts. These are the kinds of innovations that our customers need
to not only weather volatile market conditions, but to emerge on the other side
healthier than ever.

‍

Looking ahead, we see an even greater opportunity to harness the power of AI and
machine learning to create more value on behalf of finance teams and their
employers. 

‍


THE CARD IS JUST THE START

Ramp is building a new way forward for finance, and we’ve only just scratched
the surface. We will continue to deliver meaningful time and money savings for
our customers, enabling them to achieve their goals and ushering in a new gold
standard for how finance teams can operate. Our team is committed to building by
prioritizing long-term sustainability over short-term wins and supporting
companies through every step of their lifecycle. 

‍

We are confident that our strategy is working because we see our customers win.
They’re making smarter decisions via intelligent, real-time data and freeing up
their teams to work on meaningful work by automating laborious, low-value tasks.

‍

More than a third of our customers today are from word of mouth, proving that
we’re driving real outcomes that truly make a difference to businesses of all
sizes. 

‍

The future of finance is here, and it’s running on Ramp. Sign up today.

‍

Share with

Brad Mattick
•
CMO, Ramp

Brad recently joined Ramp as the company’s first Chief Marketing Officer. He’s a
proven marketing executive with over 20 years’ experience in technology. He’s
fortunate to have been part of some of the biggest winners in tech such as
Salesforce, Slack, and ServiceNow.





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“Before Ramp, our month-end close took approximately 10 days. Now it takes three
to four days—it's unbelievable.”
Kay Coolican, Accounting Manager, Clearbit
Read Case Study



HOW RAMP HELPED WEBFLOW LAY A FOUNDATION FOR SUSTAINED GROWTH

“This product allows us to enable our employees to be full-time right away, Ramp
allows us to onboard people quicker, it allows us to get them the tools they
need, which in many cases they need to be able to spend in order to grow.”
Ivan Makarov
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HOW CANDID EXPANDED INTERNATIONALLY WITH RAMP

“Ramp found over $250,000 in savings right out of the gate. That is far more
valuable than any points program.”
Nick Greenfield, CEO, Candid
Read Case Study



HOW FIRSTBLOOD’S SWITCH TO RAMP SPED UP THEIR MONTHLY CLOSE

“If I code one transaction with a certain vendor, Ramp knows. It makes
suggestions based on past transactions. It just works.”
Kyle Potter, CFO, FirstBlood
Read Case Study



HOW ELEMENTUS OVERHAULED ITS SPEND MANAGEMENT WITH RAMP

“The fact that I can have an expense, match it with a receipt immediately,
upload it, and then integrate it into QuickBooks is a godsend.”
Matt Austin, Vice President of Operations, Elementus
Read Case Study



HOW EIGHT SLEEP CONSOLIDATED THEIR FINANCE STACK AND LAUNCHED A NEW PRODUCT WITH
RAMP

“Identifying the invoice, finding it in Ramp Bill Pay, and flexing it from
there, takes all of one minute…it’s only a few clicks and you’re done.”
Irish Rose, Controller, Eight Sleep
Read Case Study



HOW CAUSAL TRANSFORMED THEIR ACCOUNTING OPERATIONS WITH RAMP

"Our accountants don’t have to download invoices and upload them to QuickBooks
with their journal entries. The receipts are all attached.”
Chris Light, Head of Business Operations, Causal
Read Case Study





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