Ramp, a leading financial operations platform trusted by tens of thousands of businesses worldwide, announced the launch of Ramp Budgets, a powerful new solution that transforms how companies track and manage budgets.
Designed to eliminate the reliance on spreadsheets and manual reconciliation workflows, Ramp Budgets leverages Ramp’s AI capabilities to connect financial planning directly to real-time spending activity. The new offering delivers instant visibility into budget performance and spend commitments, enabling finance teams and business leaders to make informed decisions without delays or guesswork.
Bridging the Gap Between Planning and Execution
Budget planning historically has relied on manual updates and dispersed systems, leaving finance teams with delayed insights and limited control. Ramp’s research shows that nearly all businesses uncover budget overruns only after money has been spent, with most still using spreadsheets to track spend across multiple tools – a process that wastes hours each week on exporting and reconciling data.
Ramp Budgets directly addresses these challenges by offering:
- Live Spend Tracking Across All Categories – Users can upload existing budget plans and Ramp’s AI automatically formats and aligns every financial transaction – including expenses, reimbursements, bills, and purchase orders – with the correct budget line in real time.
- Approval Decisions With Context – Approvers see how each request affects budget balances, supported by Ramp Intelligence, which detects trends and anomalies to keep spend within plan.
- Enhanced Budget Ownership & Control – Real-time dashboards and alerts help business owners manage spending authority while finance teams set strategic guardrails. Ramp’s automated agents – such as Agents for AP – act within budget constraints to streamline workflows.
- AI-Powered Budget Creation (Coming Soon) – Ramp Intelligence will soon help teams generate smarter budgets grounded in historical spend patterns and industry benchmarks.
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Customer Impact and Real-World Validation
Early adopters are already seeing the benefits of real-time budget insights: “Our leaders now have real-time visibility to approve spend faster and with greater confidence.” – Katana Billingsley, Expenditure Manager at Crumbl
“When budgets lived in spreadsheets and inboxes, finance spent most of its time answering questions. With Ramp Budgets, teams see what they’re working with in real-time, and finance can actually be a strategic partner.” – Richard Gobea, Finance Manager at Quora
Amplifying Ramp’s Vision for Smarter Financial Operations
Ramp Budgets extends the company’s broader vision of financial automation by embedding budget context into approvals, accounts payable, and spend governance. As budget insights increasingly fuel Ramp’s AI agents, businesses gain an anticipatory system that guides decisions before money is spent – not after.