Our marquee update this month is Ramp Treasury. It’s one of those too-good-to-be-true features, built for CFOs who are tired of compromising between high yield and liquidity.
And, there’s plenty for everyone else… Let’s get into it.
Want to see these features in action? Watch our monthly video.
What’s new at a glance
Maximize returns, pay bills on time, and save hours in your week. Did you know 80% of businesses store cash in an operating account that pays ZERO in interest? Ramp Treasury flips the script—offering businesses high returns AND immediate liquidity, plus free wires and same-day ACH, so you can pay all your bills the day they’re due and keep cash earning for longer. Reserve your seat at our upcoming live webinar on February 20, @ 11 AM PT / 2pm ET.
Swipe-right gestures for faster finance. Approve or decline cards, adjust limits, and manage team spend with a single swipe on the mobile app.
AI expense categorization, at scale. Most employees have no clue what an accounting category is. And that was a big problem for accountants—until now. Our AI now suggests the right accounting category whenever an employee submits a receipt.
And a whole lot more. Read this month’s full breakdown on our blog.
Until next month,
Laura @ Ramp
Ramp Business Corporation is a financial technology company and is not a bank. Bank deposit services provided by First Internet Bank of Indiana, Member FDIC.
Hi everyone! I’m Karl, the product lead for Ramp Treasury. We’re really excited to share Treasury, which is already helping thousands of businesses like yours earn more with less stress. Since you’re already a Ramp customer, your account is ready and waiting for you - takes less than a minute to get started.
If you have any questions or feedback for us, please feel free to send me an email at [email protected].
Hey all! Mobile PM here We’ve got loads of new functionality and automation coming to the mobile app so you can get your to do list done on the go. Don’t hesitate to send feedback or feature requests my way [email protected].
Loved the webinar today, thanks! One quick question: at the very end you mentioned (if I heard right) that non-profits are NOT supported?! Is that for any access to Ramp Treasury such as the Business Account, or no access for the Brokerage/Investment account? If no access at all, is that planned and soon? We’re a non-profit happily using Ramp and would really love to start using Bill Pay and Ramp Treasury if and when that is an option for us!
Thanks Larry! Glad you enjoyed it! The Ramp Business Account is available for non-profits today, so you can take advantage of the 2.5% earn rate on those funds, plus the cash flow automations and free, same-day payments through Ramp. (Ramp Bill Pay is also available for non-profits.)
It’s only the Investment Account that is not currently available for non-profits, but we’re working with our bank partner to open up eligibility over the next few weeks. We’ll let you know once it becomes available.
So does that mean if we used the Ramp Business account, we would get Ramp Bill Pay without having to pay the fee per cardholder that we were told we needed to pay in order to use Ramp Bill Pay?
Hey Mary, from your question, it seems like you might be referring to our paid Ramp Plus tier? Adding a Ramp Business Account wouldn’t waive the Ramp Plus fees.
Very interesting as that is not what I have been told. We lost our ACH payment feature in Sage Intacct and have a nightmare trying to use the ACH payment system with Chase Bank.
Hi @Mary_Shvodian , I’m a Managing Director at PwC and lead our Client Accounting practice. I see many of our Intacct clients struggle through ACH payments and found that Ramp Bill Pay is a great fix for this. If your Ramp cards are syncing to Intacct you’re likely already using Plus, so Bill Pay would be a great solution. Happy to leverage our NFP, Sage Intacct and Ramp expertise to guide you on this!