Uber streamlines expense management with Brex & Ramp integration
By Delisha Fernandes
Uber for Business, Uber’s enterprise arm, has integrated with expense management providers Brex and Ramp.
The integrations will automate receipt matching for Uber rides and meals, which rank among the most-expensed items for employees. This will help companies of all sizes simplify expenses and save time on and off the road.
“Ramp is here to make finance simple, because we believe businesses and their people are better off spending their time and energy on strategic work that propels the business forward—not tracking, submitting, and managing expense reports,” said Michael Cohen, Vice President of Partnerships at Ramp. “We’re thrilled to work with Uber to automate expenses for some of our customers’ most common business purchases and continue making finance frictionless.”
More than 200,000 companies use the Uber for Business platform to help provide rides and meals to their employees, customers, and guests. The dashboard enables companies to create travel and meal programs that reflect their policies, including features like restrictions on spending or time of day. Integrations with innovative companies like Brex and Ramp make the tail end of this process effortless for employees while simplifying operations for finance teams.
Marco Mahrus, Chief Business Officer at Brex, said, “The Brex platform automates expense reporting for employees and gives finance teams real time visibility on corporate spend. Our new integration with Uber, a frequently expensed item for our customers, is a natural extension of our efforts to simplify expense management and help our mutual customers spend smarter.”
“Our integrations with expense providers are instrumental in providing the visibility and control travel managers and finance teams need to keep employees in-policy and under budget,” said Susan Anderson, Global Head of Uber for Business and Business Development at Uber. “Our work with Brex and Ramp enables us to streamline expenses for companies of all sizes, creating a better experience for both the employees on the move and the folks balancing the books.”
IBSi Daily News Analysis
February 26, 2024
UAE banking pulse: robust growth and profitability signal positive outlookRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage