Ramp, the finance operations platform designed to save businesses time and money, has officially announced the launch of a new solution called Ramp Travel, which is designed to make booking travel and automating expenses an easy, low cost, and intuitive affair. As a part of the given launch, Ramp has also partnered with Priceline Partner Solutions so to give customers a streamlined access to the latter’s global network of airline partners, extensive accommodation inventory, and industry leading rates. Not just that, the solution is even deeply integrated with Ramp’s own powerful expense management and workflow automations to eliminate the busywork and hassle typically associated with traveling for work. This hassle can be due to expense reports, cumbersome approval processes to book travel, and delayed visibility into how employees are spending on trips as they happen etc. Talk about the whole value proposition on a slightly deeper level, we begin from the promise of eliminating the need for any financial compromise between friendly rates and precise controls. This the solution will do by pairing Ramp’s customizable policy guardrails with access to exceptional deals on flights and hotels globally, powered by Priceline Partner Solutions. Next up, we must get into the how the solution will effectively automate everything from collecting receipts to coding transactions, thus empowering employees on the ground to focus more on making the most of their trip and finance teams to focus entirely on their business instead of other largely insignificant matters.
“Ramp already makes companies’ finances more efficient by streamlining expenses and automating busywork,” said Eric Glyman, CEO of Ramp. “By integrating travel booking, which has traditionally been a pain point for busywork and bloat, organizations have more time and resources to focus on what really matters: their business.”
Moving on, Ramp Travel also makes a point to deliver at your disposal a set of comprehensive insights relaying your T&E spend. Such a feature is there, like you can guess, to help companies prevent non-compliant activity and uncover negative trends in real-time. Hold on, we still have a couple of bits left to unpack, considering we still haven’t discussed the solution’s pledge to preserve flexibility and choice in the context of how companies book their travel. Here, Ramp Travel works in conjunction with external providers like Corporate Traveler, TravelPerk, and more. Hence, no matter where businesses book, Ramp AI will effortlessly route expenses to the right trip, show compliance against policies- down to per diems, and streamline accounting. Rounding up highlights for us is a wholly-simplified booking process, which leverages a user-friendly interface to find in-policy flights and hotels in one place, and that too, without charging you any extra booking fees.
“I’ve used so many systems for travel, and Ramp really knows how to take the best parts of each and make it so seamless and efficient,” said Staci Robinson, AP Manager at Pair Eyewear. “Employees don’t have to navigate to three different places just to book travel, and all their spend when they actually take the trip is all in Ramp, too. From approvals, to coding, to automatically attaching receipts to each trip – it’s brilliant.”
Making this development all the more important is, of course, Ramp’s existing stature as a leading financial management player. To contextualize the same, we must acknowledge that more than 25,000 businesses currently bank upon Ramp to consolidate spend, control costs, and simplify their financial operations.
“Priceline’s extensive inventory and highly competitive rates will help users seamlessly find the right travel offering to suit their needs,” said Matthew Shutt, Vice President and General Manager, Priceline Partner Solutions. “We’re excited to partner with Ramp to help take the friction out of business travel for corporate customers, and improve the experience for both employees and employers.”
