When expense data is stored across systems that don’t talk to each other, information lags and financial statements can become stale and uninformative.
That’s why we’re proud to announce Carta’s new integration with Ramp, the leading financial operations platform for making payments, issuing cards, and managing vendors.
Now, expenses incurred on Ramp cards can be synced directly to Carta Fund Administration. This means real-time visibility into day-to-day expenses made at the Management Company level. Rather than waiting for statement periods to close or relying upon manual spreadsheet uploads, your financials in Carta update as expenses are incurred by your team, after each swipe of a Ramp card. This means CFOs can make more informed, up-to-the-minute decisions about operational spend, in the same place they run fund administration.
"We're excited to be bringing to market the power of unified spend management and fund administration through Carta's integration with Ramp,” says Vrushali Paunikar, Chief Product Officer at Carta. “We hope to empower fund CFOs with the ability to own operations end-to-end via tight oversight and controls into their spend."
This integration represents another step in Carta’s journey to build the first ERP network for private capital.
"VCs today are demanding more from their finance tools—they want faster closes, real-time data, and less busywork,” said Jareau Wade, Head of Product Partnerships at Ramp. “By integrating Ramp’s automated, real-time expense management with Carta’s fund admin, we’re helping firms modernize their finance stack so they can spend time on strategic decisions that drive returns.”
This seamless expense operations experience is available to customers who use both Ramp and Carta Management Company Administration.
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