Streamlines and automates accounting processes
to help shared customers close the books more quickly and
accurately
NEW
YORK, Jan. 9, 2025 /PRNewswire/ -- Ramp, a
Workday, Inc. (NASDAQ: WDAYI) Innovation Partner, today announced
its Design Approved Integration with Workday Financial Management.
The integration allows businesses to automatically sync their Ramp
corporate card data with Workday Financial Management, replacing
manual data entry with a smooth, automated process.
Workday Financial Management unifies a full range of core
financial capabilities to help provide organizations with the
real-time insight, agility, and efficiency required to meet the
complex needs of today's business landscape.
Workday Financial Management users who adopt Ramp can streamline
their financial management processes, reduce manual work, and gain
better insights into their financial data across both platforms –
on top of Workday's existing comprehensive set of financial tools.
Specific features include:
- Real-time data syncing: Every dollar spent on Ramp syncs
immediately with Workday, speeding up month-end close and improving
data accuracy.
- Advanced accounting automations: Ramp's sophisticated
accounting automations - like conditional filtering, bulk editing,
and AI-powered coding suggestions - replace manual processes and
free up time for more strategic work.
- Enhanced reliability and security: The direct
integration removes the dependencies on unsecure third-party
connectors or intermediaries to transfer payment data, reducing the
potential for errors and unsupported downtime.
This is the latest step in Ramp's ongoing work to streamline and
automate tedious, manual tasks in the CFO suite. The goal is to
free up finance and accounting teams from time-consuming tasks so
they can focus on more valuable work.
"Ramp exists to make finance simple, so finance teams can do
their best work without the hassle of manual and tedious tasks
slowing them down," says Matt
Vickers, director of product at Ramp. "By integrating with
the software that businesses use daily, we give back the valuable
time and resources that would have otherwise been spent on
administrative burdens. We're excited to make shared Ramp and
Workday customers more efficient and effective by bringing these
two systems closer together."
Already, hundreds of mutual Ramp and Workday customers use this
integration to transform accounting work and make closing the books
faster and easier.
"This integration has completely transformed our reporting
process," says Conor Carriero, staff
accountant at Virgin Voyages. "What used to take over two hours is
now as simple as a few clicks, freeing me up to spend more time on
strategic projects. It's yet another way that Ramp's innovations
have given me and my team more leverage."
More information on Ramp's integration can be found on Workday
Marketplace, which provides easy access to solutions built by
Workday and its partners.
About Ramp
Ramp is a financial operations platform that helps companies
achieve more by spending less. With Ramp, companies make payments,
issue cards, manage vendors and procurement workflows, book travel,
and automate bookkeeping all on one platform. We do this through
intuitive software with built-in controls and intelligence to
automate tedious tasks and maximize the impact of every dollar and
hour spent. We help businesses grow efficiently.
From family-owned farms to space startups, over 30,000 customers
have saved $2 billion and 20 million
hours with Ramp. Ramp was founded in 2019 and is one of the
fastest-growing startups in U.S. history, enabling tens of billions
of dollars in purchases each year. Learn more about how we can
accelerate your business at www.ramp.com.
Media Contact
press@ramp.com
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SOURCE Ramp
