It often happens that businesses become frustrated with slow-moving, unwieldy end-to-end experiences with their credit card programs. Encountering delays in issuing new cards to employees, which further compounds the issues, and both employees and members of the finance team lacking a centralized view of cardholder transactions, creates all sorts of ongoing challenges.
In search of a solution, business owners can rely on a corporate card that could improve its agility instead of impeding it. That is where Ramp steps in to provide a platform that could be quickly implemented, offer real-time reporting and visibility, automation options, and seamless integration with accounting software.
Faster Implementation
In contrast to alternative choices that involve slow implementation processes, Ramp distinguished itself by promptly issuing new cards and seamlessly migrating spending. Furthermore, Ramp provides businesses with a customized onboarding experience, enabling them to grasp their precise pain points and objectives and optimize the implementation accordingly.
Faster Decision-Making
Ramp broadens a business's ability to monitor spending practices throughout the organization, significantly enhancing visibility. Through Ramp's platform integrations, the accounting and bookkeeping team now possesses real-time visibility into every transaction as it occurs. Notably, team members receive alerts for significant transactions, enabling the department to stay informed about potentially budget-breaking purchases.
These valuable insights extend to various levels, encompassing merchants, departments, and individual employees. As a result, decision-making becomes easier, and cost-saving opportunities are maximized. For instance, the finance team can effortlessly identify instances of duplicate spending across multiple teams, leading to the consolidation of regular charges and subscriptions, which could lead to savings for the company.
Faster Action
Ramp's swiftness has proven to be a significant advantage for businesses. With Ramp, a business can effortlessly issue virtual cards in real time whenever needed.
Ramp enables businesses to quickly lock cards as well. In the event that the finance team identifies a potential issue, they can promptly secure individual cards, effectively preventing any risky transactions from taking place. This capability empowers the company to manage expenditures and mitigate potential risks proactively.
Ramp is here to offer a platform for businesses that can be swiftly implemented, providing real-time reporting and visibility, automation capabilities, and effortless integration with accounting software.
Reach out to AccountingDepartment.com today to learn more about how our client accounting services, paired with Ramp's spend tracking, can help you and your business.
