Ramp, the enterprise financial operations platform, is strengthening its focus on travel by partnering with Priceline to develop a product that simplifies expense automation when booking travel.
Ramp already works with more than 25,000 companies to consolidate expenses, manage costs and perform financial operations, and the launch of Ramp Travel expands its offering into business travel booking services with a partnership that provides access to Priceline's network of airlines and lodging.
“Ramp is already helping companies become more financially efficient by streamlining expenses and automating mundane tasks,” said Ramp CEO Eric Griman. “By consolidating travel bookings, a pain point of mundane tasks and bloat, we're freeing up organizations' time and resources to focus on what really matters: their business.”
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At the Phocuswright conference in Florida in November, company executives explained how Ramp's policy controls, artificial intelligence automation and integrations simplify corporate travel, eliminating issues like expense reports, long approval times for booking travel and delays in getting real-time insight into how employees are actually spending their travel time.
Through its new relationship with Priceline Partner Solutions, Ramp's customers now have access to Priceline's broad range of global travel products across more than 116 countries.
“Priceline's deep inventory and highly competitive pricing allow users to seamlessly find the right travel services to fit their needs,” said Matthew Shutt, vice president and general manager, Priceline Partner Solutions. “We're excited to partner with Ramp to take the hassle out of business travel for our corporate customers and improve the experience for both employees and employers.”
In 2022, Ramp released a business travel-specific solution designed to help companies enforce policies, facilitate expense reporting, and provide data to travel managers. In April, Ramp raised $150 million in a new funding round.
Check out Ramp's Center Stage presentation at The Phocuswright Conference below:
Lamps – Focusrite Innovation Launch 2023