Ramp has announced an innovative addition to its financial operations platform, the Ramp Treasury Solution. Designed to maximize cash returns and streamline liquidity management, this innovation is set to redefine how businesses handle finances.
With the new Ramp Treasury, companies can earn up to 35 times more on operating cash than the national average, according to Ramp’s recent press release. Businesses also have the option to access higher yields in investment accounts, delivering unprecedented value with minimal effort.
Optimizing Working Capital and Payments
One of the standout features of the solution is its ability to provide businesses with an additional three days of working capital. This is achieved by enabling bill payments precisely when they’re due, freeing up funds for longer periods without compromising on deadlines.
Additionally, Ramp Treasury offers AI-powered balance alerts and liquidity forecasting, giving businesses unparalleled control over their finances. “The old treasury playbook meant micromanaging cash flow or sacrificing earnings. The new playbook? Let tech do the heavy lifting,” said Eric Glyman, CEO of Ramp.
Intelligent Cash Management
Ramp’s Treasury Solution takes a smart approach by automating cash allocation. It determines how much is needed for bills and ensures the rest keeps earning interest. With unlimited, same-day payments, businesses can avoid the delays that cost them working capital and incremental earnings.
“This is the age of self-driving finance,” Glyman added. “We’re creating systems where expenses manage themselves, and money works smarter for businesses.”
The Future of Finance
This launch comes as Ramp on its impressive $7.6 billion valuation, achieved during its recent $150 million Series D-2 funding round. Glyman highlighted that this funding supports innovation to deliver more value for customers.
Ramp is paving the way for businesses to create the finance function of the future, one that blends advanced automation with seamless financial efficiency.
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