Hey Ramp Community!
Wanted to share a round-up of some of our recent product launches and feature updates within our suite of Accounts Payable products. Keep up to date on all Ramp launches here.
Leave any comments with feedback or questions below!
Procurement [Plus]
- Custom Intake Forms: Create custom intake forms to capture every purchase request, collect the right details upfront, and gain earlier visibility into spend. Learn more here.
- Advanced Approvals: Build automated approval workflows that fit your preferred business processes and integrate with Ironclad for seamless contract review. Learn more here.
- Ramp Purchase Orders: Automatically generate purchase orders to get a clear line of sight into upcoming invoices, two-way match to invoices, and sync to QuickBooks and NetSuite. Learn more here.
Vendor management
- Custom Fields [Plus]: Add custom fields to your vendors and populate with the information unique to your business. Learn more here.
- Seat Intelligence: Ramp’s Seat Intelligence provides instant visibility into your software usage via an Okta integration so you can identify inactive users to reduce costs. Learn more here.
- Vendor Onboarding: Request vendors for payment and W9 tax information —with or without an invoice in Ramp. Learn more here.
Bill Pay
- Default Payment Details: Ramp will remember the payment method and associated bank accounts from the last paid bill to the vendor and use it as the default for your next bill creation. Learn more here.
- Refreshed OCR: We’ve upgraded and improved the OCR model that scans and parses invoices for automatic data entry – improving OCR accuracy to 97%. Learn more about bill pay OCR here.
- Accounting Period Updates: Customers on QuickBooks Online and NetSuite can now edit the accounting period field on their bill up until the bill is paid. This allows the bill to sync to different accounting periods within the ERP. Functionality coming soon for Sage Intacct and Xero customers. Learn more here.