Summary
Ramp Treasury provides business and investment accounts designed to help companies earn higher yields on their operating cash. It offers features like same-day ACH transfers, automated cash management, and integration with existing accounting systems, aiming to simplify financial operations and maximize earnings for businesses.
Features9/15
See allMust Have
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
Other
7 of 10
Batch Payments
API Integration
Business Account Features
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Real-Time Rate Alerts
Invoice Creation
Spending Analytics
PricingTiered
See allFree
- Corporate card
- Unlimited cards
- Card issuing controls
- Expense policy enforcement
- Travel bookings
- Auto-receipt collection and matching
- Basic approval policies
- Invoice extraction (OCR)
- Basic approval workflows
- Pay bills by ACH, card, check, and more
- Basic accounting rules
- QuickBooks Online and Xero integrations
- Compare vendor contract pricing
- Vendor and spend tracking
Plus
- All features of Free
- Auto-lock cards
- Custom travel policies
- Limit reimbursement spending
- Advanced approval policies
- Advanced approval workflows
- Batch payments
- Payment release approvals
- Unlimited intake
- Approval and orchestration
- Purchase orders and receiving
- Two- and three-way matching
- Multi-entity support
- Advanced accounting rules
- NetSuite, Sage Intacct, and more integrations
- Pay card statements with local currency
- Local reimbursements
- Set spend limits in local currency
Enterprise
- All features of Plus
- Direct and custom ERP integrations
- User role changelogs
- Role customization
- Custom development
- Local currency cards and reimbursements
Rationale
Ramp Treasury offers business accounts and investment accounts with competitive yields and no fees, focusing on domestic cash management and earning interest on operating cash. While it provides features like fast ACH transfers, batch payments, and API integration, it does not explicitly offer international money transfers at mid-market exchange rates, multi-currency accounts, or borderless debit cards, which are core to Wise's value proposition. The 'Global' features mentioned on the pricing page refer to paying global vendors in USD or local currency and global reimbursements, but not a multi-currency account for holding and converting balances or mid-market rate transfers for sending money internationally in the same way Wise does.
