Fintech Ramp Launches Treasury Product for Cash Management that Enhances Business Operations

Financial operations platform Ramp introduced Ramp Treasury, which is described as a new solution that radically improves how most businesses store and manage their operating cash.

With Ramp Treasury, businesses can store cash in a business account that earns “2.5% or in an investment account with the potential for higher yields – all within the same platform they already use to pay their bills.”

This allows businesses to:

  • Earn 35x more on operating cash4 in a Ramp Business Account than the national average.
  • Get ~3 extra days of working capital and incremental earnings by paying bills the day they’re due.
  • Let AI handle the rest with automated balance alerts and liquidity forecasting.

Ramp Business Corporation is a financial technology company and is “not a bank.”

Bank deposit services provided by First Internet Bank of Indiana, Member FDIC.

API Services for the Business Account provided by Increase Technologies, Inc.

As clarified in the update, the Investment Account is “not a deposit account, not insured by FDIC, and may lose value.”

The launch is part of Ramp’s ambitions to automate more areas of the financial tech stack beyond payments, help companies “achieve more with every dollar and hour, and create a world of self-driving finance.”

Businesses face a tough choice when it comes to managing cash: they can either “maximize earnings or have quick access – but not both.”

This often requires finance teams to keep money in accounts “that earn low or no interest for easy use, or lock it away in higher-yield investments that are cumbersome to access.”

This trade-off is why over 80% of businesses’ operating cash is “stored in a bank account that doesn’t earn anything.”

On top of this, ~3 days of working capital and “incremental earning potential is lost waiting for transferred funds to settle with their vendors.”

Companies shouldn’t have to choose between “growing cash and having access to it.”

Now, they no longer need to.

Ramp Treasury is reportedly structured to “pass maximum value back to businesses, so they earn more on operating cash without sacrificing liquidity.”

Businesses with $1 million in operating cash in a Ramp Business Account could earn more than “$25,000 by the end of the year – compared to just $7004 at a traditional bank – all while maintaining instant liquidity for bill payments.”

That same business can also place excess cash in a Ramp Investment Account currently earning 4.38%, with “no account opening or management fees, no deposit minimums7, and no withdrawal restrictions.”

By applying intelligence to operating funds, Ramp empowers “businesses to be more productive with their time and their capital.”

Because Ramp sees all company spend, it automatically “calculates how much operating cash businesses need to pay their upcoming bills and card statements, and leaves the rest to continue earning.”

Businesses can then pay bills the day they’re due from “within the operating account, knowing they have the funds to meet all their obligations on time.”

As covered, Ramp is a financial operations platform that helps companies achieve more by spending less.

With Ramp, companies make payments, issue cards, manage vendors and procurement workflows, “book travel, and automate bookkeeping all on one platform.”

They do this through intuitive software with “built-in controls and intelligence to automate tedious tasks and maximize the impact of every dollar and hour spent.”

They help businesses “grow efficiently.”

From family-owned farms to space startups, over 30,000 customers have saved $2 billion and 20 million hours with Ramp. Ramp was founded in 2019 and claims that it is one of the fastest-growing startups in the U.S., “enabling tens of billions of dollars in purchases each year.”



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