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We built Capbase to help founders build their company on a solid legal and financial foundation and streamline their business operations as they scale. We are pleased to announce a new partnership between Capbase and Ramp, the corporate card and spend management platform designed to help businesses spend less.
For startup founders, keeping track of company spend can be burdensome, especially if your company is fully remote and spans multiple time zones.
With Ramp, you can keep track of spending by providing all employees with virtual or physical Ramp cards. You can then monitor out-of-policy spend as soon as it happens, because Ramp provides real-time alerts by email, text, and Slack so you can stay in the know wherever you are.
Ramp makes it really easy to set expense limits and approval policies for all categories of expenses, in addition to gathering the receipts required for proper accounting. As an example, you could authorize a first year engineer, Jacqueline, to have a $500 a month budget for continued learning, but set her restaurant purchase limit to $0 a month. Any company spending policy you want to implement can easily be configured and customized on Ramp.
Operationally, Ramp makes the expense report process faster and easier for managers and employees. There is no reason why people should be spending more than a few seconds generating the report, and there is no reason why employees should wait weeks and sometimes months to be reimbursed for company expenses. Ramp eliminates both of those time-consuming processes and unlocks employees to focus on more important tasks.
For founders, combining Capbase and Ramp not only puts your company on the right track from a legal perspective, but financially too. Founders can keep their burn rate under control using Ramp’s spend management tools and make it easy for their employees to deal with work-related expenses.
As a Capbase customer, you will receive a $500 bonus after spending your first $1,000 using Ramp cards.
This offer is only valid for paying Capbase customers, so book a call with someone from our team here to learn more about Capbase + Ramp!