I recently tested Ramp, a comprehensive spend management platform designed to simplify corporate finances through tools like corporate cards, expense management, bill payments, and accounting automation. Here's my detailed review:

Ramp stands out for its automation-first approach, which significantly reduces manual tasks for finance teams. The platform excels in areas such as expense reporting, where receipts are automatically matched to transactions, and memos are generated based on spending patterns. Its accounts payable feature processes bills quickly and efficiently, while the built-in controls for procurement and travel ensure compliance with company policies without unnecessary delays. These functionalities make Ramp a robust solution for businesses aiming to streamline their financial operations.

A key highlight of Ramp is its seamless integration capabilities. It connects effortlessly with over 200 apps, including HRIS and accounting systems, ensuring that data flows smoothly across platforms. The ability to operate globally—supporting payments in over 40 currencies and reimbursing employees in their local currencies—is another major advantage for businesses with international operations. Additionally, Ramp’s customizable policies and approval workflows provide flexibility to adapt to different organizational needs.

What impressed me most was the platform's focus on time efficiency. Tasks such as issuing corporate cards, setting up controls, and closing books are completed much faster compared to traditional methods. For example, Ramp claims that books can be closed 75% faster using its automation tools. This time-saving aspect can be transformative for busy finance teams managing large volumes of transactions.

However, while Ramp is highly effective for mid-sized to large enterprises, smaller businesses or startups with simpler financial processes may find some features underutilized. Additionally, the platform’s advanced customization options might require a learning curve for new users unfamiliar with such tools.

In conclusion, Ramp is an excellent choice for companies looking to modernize their financial workflows with automation and integration. Its ability to save time while maintaining accuracy and control makes it a valuable asset for finance teams. While there is room for improvement in accessibility for smaller businesses, its overall performance is outstanding.