How’s does Ramp integration work?
Ramp: Streamlined Accounting for Every Business
For finance teams and accountants, prompt book closures and insightful accounting data are essential. Here's how Ramp can help:
- Seamless Integration: Connect Ramp to your accounting system. It automatically tracks all expenses, from bills to card charges, ensuring they're properly categorized.
- Automate with Intelligence: Ramp offers tools to speed up expense classification. Using smart rules and suggestions, close your books faster. Learn how to automate your workflows here.
- Precision with Peace of Mind: Ramp uses multiple data points, card policies, and your past classifications to ensure accurate data entry. Our priority is data correctness, giving you confidence that every sync to your system is error-free.
With Ramp, you're always in control of your financial data.
How to setup Ramp integration?
Ramp's Integration: A Quick Overview
- Connect Securely: Link Ramp to your accounting system, and they'll fetch essential data like your chart of accounts for precise spend classification.
- Review Your Spend: All your transactions appear in Ramp under the 'Accounting' tab, ready for your review and categorization.
- Set Smart Rules: Automate transaction classification by setting rules based on merchant details and card information.
- Customize Your Sync: Decide when and how your classified data is updated in your accounting system. You have total control over sync frequency.
- Familiar Transaction Concepts: Transactions are intuitively categorized. Typically, card expenses appear as credit card transactions, while Ramp reimbursements and bills are presented as bills, settled using bill payments.