Summary
Ramp provides a finance automation platform for businesses, offering corporate cards, expense management, accounts payable, and procurement solutions. It aims to help companies save time and money by streamlining financial operations, automating tasks, and providing real-time spend visibility.
Features7/15
See allMust Have
0 of 5
Mid-Market Exchange Rate Transfers
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
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 the 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 the features of Plus
- Direct and custom ERP integrations
- User role changelogs
- Role customization
- Custom development
- Local currency cards and reimbursements
Rationale
Ramp offers corporate cards and spend management solutions, which include features like batch payments, API integration, business account features (e.g., multi-entity support, advanced accounting rules), a mobile app, regulatory compliance, multi-user access, and customer support. While it handles global payments and local currency options, it does not explicitly state offering mid-market exchange rates or transparent low fees for international transfers in the same way Wise does. Its primary focus is on corporate spend management, expense reporting, and accounts payable, rather than direct international money transfers for individuals or businesses at mid-market rates.
