I am attempting to create funding amount/limit/total budgeted amount for performer expenses in our restaurants. However, we prefer to pay via ACH and sometimes checks if there is no ACH information available.
I found the spend program options and thought this would be perfect, I could enter an annual limit, and managers would have direct oversight over how much they had spent for the year; but after doing some additional research it appears that only card payments are tracked through spend programs.
Is there a way for me to create a spending limit for ACH and check payments while being tracked in the same fund with manager oversight? Has anyone found a way to accomplish something similar?
Hi Riley - welcome to the Community! I can chime in from the Ramp team, but if other users have additional thoughts here, please share
You’re definitely thinking about spend programs correctly, but the main nuance is where the ACH/check payments happen:
If those performer payments are sent through Ramp Bill Pay (ACH when bank details exist, check when they don’t), you can keep them within the same workflow you’re aiming for by setting up a dedicated Performer Expenses fund/spend program with an annual limit and the right approval/manager oversight.
If the ACH/checks are paid outside of Ramp, Ramp won’t be able to enforce or track that budget automatically in the same place.
Please let me know if I misunderstood or if you have follow-up questions.
PS – Stay tuned for our upcoming budgeting tool, launching soon! I think Ramp Budgets will also help a lot with what you’re looking for.
I think Ramp Budgets will also help a lot with what you’re looking for.