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Ramp Procurement
Ramp Procurement

Ramp Procurement

ProductOperating Status: Currently Offered

Centralized purchasing with AI intake, dynamic approval routing, and three-way matching.

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Overview

Ramp Procurement is the purchasing and procurement offering within Ramp's corporate spend management platform, available as an add-on to Ramp Plus while its AI Intake feature is free for all Ramp customers. Employees describe what they need in plain language, and the product builds the request, routes approvals in parallel under rules set for budget, department, or vendor type, and completes vendor research, contract review, and compliance checks with embedded AI agents before a person signs off.

Once approved, the product generates purchase orders, performs two-way and three-way matching against invoices, receipts, and card transactions, and can issue a virtual card directly from a purchase order. It tracks contracts and renewal deadlines with pricing benchmarks, reports on purchase orders and budget impact, syncs purchase orders to QuickBooks Online and NetSuite, and connects to ticketing, contract, and risk tools such as Jira, Ironclad, DocuSign, and Vanta.

Ramp Procurement - Classification

Industry
  • Procurement Software
Technology
  • AI & ML
Model
  • SaaS Platform
Revenue
  • Recurring Subscription
Customer
  • B2B
Tags
  • Artificial Intelligence
  • Spend Management

Ramp Procurement - Direct Competitors

  • Coupa Software

    Coupa Software logo

    Coupa Business Spend Management

    coupa.com

  • Ivalua

    Ivalua logo

    IVA

    ivalua.com

  • Procurify

    Procurify logo

    Procurify Agentic Procurement Platform

    procurify.com

  • SAP

    SAP logo

    SAP Ariba

    sap.com

  • Zip

    Zip logo

    Zip Procurement Orchestration Platform

    ziphq.com

AttributeRamp ProcurementCoupa Business Spend ManagementIVAProcurify Agentic Procurement PlatformSAP AribaZip Procurement Orchestration Platform
ProviderRampramp.com2.1B raised · Series DCoupa Softwarecoupa.com219M raisedIvaluaivalua.com70M raised · Series DProcurifyprocurify.com70M raised · Series CSAPsap.com1.3B raised · PublicZipziphq.com371.2M raised · Series D
Founded201920062000201319722020
Sells ToEnterprise, Small BusinessEnterpriseBusiness, Enterprise——Enterprise, Small Business
Pricing ModelRecurring, Software, Transactional—Recurring—Recurring, SoftwareRecurring, Software
OwnershipEquity, Venture Capital———PublicEquity, Venture Capital
Ramp Procurement

Provider Rampramp.com2.1B raised · Series D

Founded 2019

Sells To Enterprise, Small Business

Pricing Model Recurring, Software, Transactional

Ownership Equity, Venture Capital

Coupa Business Spend Management

Provider Coupa Softwarecoupa.com219M raised

Founded 2006

Sells To Enterprise

Pricing Model —

Ownership —

IVA

Provider Ivaluaivalua.com70M raised · Series D

Founded 2000

Sells To Business, Enterprise

Pricing Model Recurring

Ownership —

Procurify Agentic Procurement Platform

Provider Procurifyprocurify.com70M raised · Series C

Founded 2013

Sells To —

Pricing Model —

Ownership —

SAP Ariba

Provider SAPsap.com1.3B raised · Public

Founded 1972

Sells To —

Pricing Model Recurring, Software

Ownership Public

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