Ramp

High. Speed. Development. Velocity. Welcome to The Ramp App Center. Your finance team can now integrate with 200+ apps directly on our platform. Sync with our data. Simplify your workflows. Save time and money. And to our developer friends: you can now build, publish, and market your apps all within Ramp—empowering our growing network of 25,000+ customers. From accounting providers like NetSuite, to contract management tools like Ironclad, Ramp’s integrations have already given 180,000+ hours back to our customers. This isn’t just another product for us; it’s one step closer to becoming *the* financial operations platform where teams go to grow their businesses. So come build the future of finance automation—on us. https://lnkd.in/efrmyBp

Ian Macomber, Fiona Lee and team put together quarterly reports to look at how 25K+ US business across industry type spend. In just 3 months have seen a massive increase in AI purchases and very clear market adoption of Claude 3.5 and GPT-4o. Full report has tons more - and some compelling leading indicators for those looking to understand business spend (and growth!) trends. > AI spending increased ~40% QoQ > Over half the 10 fastest-growing software vendors are AI startups (Cursor, Supermaven, Luma AI, LangChain, Runway, Replit) > Engineering teams are more likely to use OpenAI (up 6x YoY); finance teams on Anthropic (up 14x YoY) > Companies are paying for both OpenAI + Anthropic: ~22% of OpenAI customers also spend on Anthropic (was near 3% in Jan 2024) and ~86% of Anthropic customers also spend on OpenAI

Ramp's fastest-growing AI vendors of Q3 have been revealed 👀 While OpenAI reigned supreme this past summer, we welcomed all new faces to our top 5, including Flow.ai by Khoros, Supermaven, Runway, Anthropic, and Perplexity! Companies are setting up infrastructure that allows them to swap models with ease. For example, the percentage of OpenAI customers also using Anthropic has risen from 3% to 22% this year after the launch of Claude 3 and 3.5 Sonnet. Businesses that build for flexibility will scale more efficiently and stay ahead of the curve as competition between vendors intensifies. Read our full AI vendor report: https://lnkd.in/gnKQRxY3

📊 𝐁𝐞𝐧𝐜𝐡𝐦𝐚𝐫𝐤 𝐰𝐞𝐞𝐤 𝐢𝐬 𝐛𝐚𝐜𝐤! 📊 Once again, we're sharing data-backed insights all weeklong at www.ramp.com/blog. Like what, you ask? ⏬ 🔵 Like how 22% of OpenAI customers also spent with Anthropic in September. 🔵 Like how in January that number was only 3%. 🔵 Like how more than half of the fastest-growing companies in Q3 are AI. Check out 🆁🅰🅼🅿.🅲🅾🅼/🅱🅻🅾🅶 for more.

Our new accountant spotlight celebrates Brandon Hall, CPA, CEO and Managing Partner at Hall CPA PLLC! From crunching numbers at PwC and EY to running his own firm of 90+ professionals, learn how Brandon has turned his passion for real estate into a fast-growing business that’s shaking up the industry. Read more: https://lnkd.in/esK4swNK

📊 𝐁𝐞𝐧𝐜𝐡𝐦𝐚𝐫𝐤 𝐰𝐞𝐞𝐤 𝐢𝐬 𝐛𝐚𝐜𝐤! 📊 Once again, we're sharing data-backed insights all weeklong at www.ramp.com/blog. Like what, you ask? ⏬ 🔵 Like how 22% of OpenAI customers also spent with Anthropic in September. 🔵 Like how in January that number was only 3%. 🔵 Like how more than half of the fastest-growing companies in Q3 are AI. Check out 🆁🅰🅼🅿.🅲🅾🅼/🅱🅻🅾🅶 for more.

World-class teams need world-class tools. That’s why we made the App Center. It’s a powerful new hub where finance teams can automate workflows across the entire tech stack. Automate receipts in Uber, issue spend from Slack, automatically collect and code receipts in your Gmail inbox, or automatically launch an Ironclad workflow as part of the purchase request review process. The Ramp App Center is more than a collection of apps—it’s a vision for the future of financial operations. Read more: https://lnkd.in/eykMR_yh

This is my single favorite Ramp data visualization that we've ever made. Most of our reporting has been quarterly, at the vendor granularity (OpenAI, Anthropic, etc.) For the AI era, that's too slow. To track the adoption of cutting edge foundational models, you need line-item monthly reporting. Our data show Ramp customers quickly shifting their usage to Claude 3.5 Sonnet and GPT-4o. Since its launch four months ago, Claude 3.5 Sonnet has already reached 12% of spend across all OpenAI and Anthropic models. By building for flexibility, companies can easily test new releases and switch to next-generation models that offer better performance and cost savings. More in comments!

NEW: Our Fall Spending Report is here! Over 25,000 companies process tens of billions of dollars in transactions every year through Ramp, revealing unique insights into industry trends. Q3 highlights include: 🤖 AI is officially taking over tech stacks — Over HALF of the fastest-growing software companies (by customer count) on Ramp are AI-driven. ✈️ Fall business travel is in full swing. See what travel policies businesses are using to control spending. 💸 Ahead of the holiday season, retailers are adopting new ad platforms and AI. We'll be sharing highlights all week, so watch this space! Download the full report for free: https://lnkd.in/gqWg4qXV

Thrilled by the excitement around the Ramp App Center since our launch yesterday! It's been rewarding to start conversations with new technology partners exploring the platform. I shared more about its potential in our latest blog post—check it out to learn how you can get involved! #appcenter #developers #integration Read the post here: