Ramp offers a corporate expense management platform that comes with a slew of benefits. Here's a few reasons why our church needs to try Ramp for effective expense management.
The use of a personal credit card for church ministry brings unwanted financial burdens to ministers and volunteers. Ramp works as a corporate credit card that doesn't use up personal credit and helps separate ministry from personal finance. After all, ministers and volunteers already have plenty on their plate and Ramp can help avoid the unwanted financial burdens.
The current reimbursement system heavily relies on outdated paper-based forms and checks, which is prone to errors, mistakes, and delays. Ramp is a digital platform where all parties involved in the spending of the church's financial resources work together in an advanced, digital approach. So, it's less error-prone and faster to process transactions.
The current approval process requires approval from several people in multiple departments. The requester for a reimbursement often waits a few weeks without knowing the status of her request in the process. On the contrary, Ramp provides transparency to everyone involved showing the status of the request. Additionally, the entire history of previous transactions are stored on Ramp so it's easy to refer to the spending history.
One of the limitations of church ministry is the fact that many ministers and volunteers meet on a Sunday only. This limitation often causes delays in getting a reimbursement. However, Ramp works around the clock. Approvers get informed of requests instantly by email and they can take necessary actions instantly over the phone or computer. So, there's no excuse for a delay any more.
The current paper-based system brings much workload to the church's Administration and Finance departments as they handle the sheer volume of transactions. Ramp's integration with QuickBooks makes it absolutely easy to enter transactions into the accounting system. Also, the receipts and relevant documents get imported into the system by the requester, not by the administrator, lessening the workload of the church's accounting staff.