ramp vs rippling

Manual management of regular administrative tasks and business finances can be overwhelming. However, a platform that supports expense management while offering tools to effortlessly handle human resources (HR) tasks can resolve these problems. Experts estimate that the global financial management software market can grow to $49.9 billion by 2033 from $17.9 billion in 2023. This highlights the growing demand for these platforms in the corporate landscape. Ramp and Rippling are two such software solutions that provide comprehensive tools for managing corporate spending. From travel expenses to corporate cards and tracking employees’ spending, they offer advanced tools to enhance financial oversight.

Read the following Ramp Vs Rippling blog and explore which one can serve you the best!

Ramp Vs Rippling– A Brief Summary

ramp vs rippling

Feature 

Ramp 

Rippling 

Corporate Cards 

  • Automated, customizable spending limits
  • 3DS enrollment for increased security 
  • Efficient monitoring of expenses
  • Supports both virtual and physical cards 

Expense Management 

  • Syncs with Gmail, Lyft, etc., and maintains spending record 
  • Automated submission of expenses 
  • Supports reimbursements in 100+ currencies
  • Syncs with payroll for increased accuracy 

Global Spend 

  • Supports reimbursements across 70+ countries
  • Deals with 40+ currencies 
  • Centralized system 
  • Supports spending across 130+ countries 

Analytics And Reporting 

  • Real-time insights into financial data
  • Supports accurate data analysis 
  • Pre-built report templates 
  • Automatic data calculation with formula fields 

Integrations 

  • Integrates with 200+ platforms 
  • Integrates with 600+ platforms 

What Is Ramp?

ramp

Ramp is a cloud-based financial management software that monitors corporate spending and maximizes the efficiency of finance teams. From start-ups to small businesses and large, global enterprises, it serves organizations across various industries. By integrating different tools, the software offers a centralized platform and ensures effective data management.

The platform automates various administrative functions, thereby eliminating the need for manual data entry and saving employers’ time.

Unique Features Of Ramp 

  • Vendor Management: Ramp offers a centralized approach to vendor management and provides real-time insights into vendor data. It notifies businesses about contracts’ renewal dates as well as enables them to track vendors’ details with its custom fields
  • Accounts Payable: The software helps companies process large volumes of bills and manage cash flow with ease. From automating data entry to personalized approval flows, Ramp offers comprehensive assistance
  • Procurement: Powered by artificial intelligence (AI), Ramp enables employers to manage essential documents, discussions, and requests. Businesses can match invoices with purchases, and flag errors in units or pricing, and ensure accuracy and precision
  • Travel Management: Ramp enables businesses to personalize travel policies, book hotels and flights at the lowest possible rates, and automate expense management through a unified platform

Pros And Cons Of Ramp 

Pros

  • Efficient expense management functionality that supports intuitive submission and tracking of expenses
  • The texts and email integration make attaching receipts and memos with purchases easier
  • Supports unlimited card creation, and employers can set different expiration dates for all corporate cards

Cons

  • The system does not offer quicker methods of communication like chat or call
  • The software lists transactions individually and does not categorize them

What Is Rippling?

rippling

Rippling HR is a cloud-based, scalable HR software solution designed to help businesses of all sizes. It serves across a range of industries, including retail, information technology (IT), manufacturing, construction, healthcare, etc. The platform offers a full-service solution, enabling administrators to automate tasks through a centralized platform and save time and resources.

Unique Features Of Rippling 

  • Recruiting: Businesses can hire top talent and expand their workforce with Rippling’s extensive applicant tracking system (ATS). It enables employers to post job openings across 25,000 online job boards and attract qualified candidates
  • Time And Attendance: Rippling automates time and attendance management and reduces administrators’ manual burden. Managers can customize the platform and tailor it to meet their unique time-tracking needs
  • Benefits Administration: The software offers a unified benefits administration process that enables employers to enroll their employees in 4,000+ benefit programs across the U.S. Additionally, it enables employers to stay compliant with the Affordable Care Act (ACA) and COBRA administration
  • Device Management: Rippling enables companies to maintain device security by getting real-time insights into security status and user data. Employers can automate Apple and Windows devices’ lifecycle

Pros And Cons Of Rippling 

Pros

  • A centralized platform to manage and view paid time off (PTO), paystubs, schedules, reports, etc.
  • The mobile app automatically sends emails and alerts to notify managers when information needs to be updated
  • Efficient integration capabilities that make linking and working with other platforms a breeze

Cons

  • The e-signature functionality can lag sometimes, preventing users from uploading their documents
  • The system requires multiple re-logins and multifactor authentication, which can be a bit time-consuming

Ramp Vs Rippling – Key Functionalities Comparison

Corporate Cards

Ramp helps businesses maximize financial control by offering automated and personalized spending limits. Employers can issue virtual cards for employees and set budget limits by retail categories or vendors.

Ramp corporate cards operate on the Visa network and facilitate global acceptance. The security of the cards is maintained by the 3DS enrollment feature, which keeps employees' sensitive information safe.

Rippling helps employers effectively monitor and manage employees' corporate expenses. Companies can issue both physical and virtual cards to the workforce while maintaining budget limits with personalized card policies.

Rippling cards operate on the Visa network and support real-time transactions.

Winner: It is a close tie as both platforms offer virtual and physical corporate cards for financial management.

Expense Management

Ramp integrates expense management with reimbursements and corporate cards, ensuring automated submission of expenses. By linking with SMS, Lyft, Gmail, etc., and generating spend receipts, the system maintains records of all transactions.

Rippling streamlines expense management by enabling businesses to tailor personalized policies for their workforce. By supporting corporate reimbursements in 100+ currencies, the software enables employers to pay vendors in their local currency.

Winner: It is a close tie as Rippling supports multiple currencies, while Ramp excels in receipt management.

Global Spend

Ramp enables businesses to manage expenses across borders in 40+ currencies, issuing corporate cards and handling reimbursements in 70+ countries.

Rippling supports centralized global spending, processing transactions in 130+ currencies.

Winner: Rippling wins this round with broader currency support.

Analytics And Reporting

Ramp provides real-time insights and seamless integrations with platforms like Redshift and Snowflake for accurate data analysis.

Rippling offers a unified analytics platform with customizable reports, charts, and automated calculations.

Winner: It is a tie as both platforms offer comprehensive analytics and reporting tools.

Integrations

Ramp integrates with over 200 third-party applications:

Rippling integrates with over 600 platforms:

Winner: Rippling wins this round with 600+ integrations.

Bottom Line

Rippling HR is a cloud-based, scalable HR software solution designed to help businesses of all sizes. It serves across a range of industries, including retail, information technology (IT), manufacturing, construction, healthcare, etc. The platform offers a full-service solution, enabling administrators to automate tasks through a centralized platform and save time and resources.