How did Ramp Travel do on X?

Eric Glyman@eglyman · 392.4K followersView on X

It’s day 1905 at Ramp. Today, I’m thrilled to announce the launch of Ramp Travel, a new solution designed to make booking travel and managing travel expenses more intuitive, low-cost, and streamlined. Today, 1 in 5 (20%) dollars spent on @tryramp cards go towards flights, hotels, and other trip-related entertainment - double the 10% of just a few years ago. Companies are hungry for travel as a means of uncovering new growth, but are hamstrung by outdated, expensive tools that employees hate, or consumer booking sites that might be cheaper and easier to use, but lack controls to enforce travel policies. Either way, hours are wasted at the end each month on manual expense reports and cumbersome reconciliations. But, these tradeoffs don’t need to exist. Companies deserve total control over their travel spend without being saddled with fees. And their employees deserve a delightful booking experience without the additional work. We’re excited to deliver on this vision with Ramp Travel. Our mission has always been to help companies spend less money and time, and this launch is a significant step towards that goal. Employees can book flights and hotels directly through Ramp, with real-time visibility into what’s in-policy and dynamically adjusted rates based on travel destinations. On the trip, Ramp AI handles the rest. On the ground, the quality of life improvement for employees is substantial. Receipts are automatically assigned to trips, and all expenses are seamlessly integrated into our platform. Put more simply, on other platforms, you have to do your expenses as you go (or 1-3 months later); on Ramp, your expenses do themselves. As the saying goes, “your margin is our opportunity.” We are not a travel company and aren’t in this to take price, we’re a savings company and are in this to deliver value, control, and a better experience. Our new partnership with @Priceline allows us to offer our customers access to a global selection of inventory from major airline partners and hotel affiliates at competitive rates, while maintaining the high level of control and visibility that Ramp is known for. Rather than ratcheting up the price through hidden fees, all savings are passed directly to our customers. We’re excited to see how Ramp Travel helps businesses streamline their travel processes, save money, and enhance the overall travel experience for their employees. As always, we love feedback, so try it out and let us know what you think.