Ramp
Ramp describes itself as a spend management platform that combines corporate cards, expense management, bill payments, procurement and accounting automation. It is not automotive-specific, and is listed here because dealer groups use corporate card and expense tools.
Ramp: Cards and expenses
Its site also presents Ramp Stack, an AI platform for accounting teams, global spend management and a library of integrations.
| Product or service | Function |
|---|---|
| Cards and expenses | Corporate cards with automated expense handling. |
| Procure to pay and bill payments | Approvals, procurement and vendor payments. |
| Accounting automation | Automation of month-end close. |
| Ramp Stack | AI for bookkeeping, reconciliations and close, with human sign-off built in. |
| Global spend | Local cards, payments and reimbursements across many countries. |
The spend request and the resulting payment
Ramp presents corporate cards, expense management, accounts payable and procurement within its spend-management offering. A dealership can use these for different purchasing stages: an employee requests a purchase, an approver authorizes it, and the supplier is paid by the selected method. ramp.com
Identify where the request and approval are recorded, rather than compare only the card itself. Group accounting also needs the charge assigned to the right entity and expense account before the records are exported. ramp.com