Eric Gleiman
👤 SpeakerAppearances Over Time
Podcast Appearances
Makes a real difference and for a CFO, I think is really all that matters.
It's about the bottom line and that's what we deliver.
It's a great question.
First, you know, I like to believe the most disciplined and well-run companies, of course, will be adopting, we think, the most cutting edge tools in the market, which is RAMP that helps people just run leaner.
But I think the majority of our customers, by a long shot, are actually traditional businesses, farms, nonprofits, restaurants, hospitals.
traditional businesses that you would not expect in many ways to be cutting-edge adopters.
For them, they're looking for easier-to-do expense reports.
You know, you might be used to, you know, it's the worst hour of your month doing expenses.
For them, they tap a card.
It does itself.
They upload an invoice.
Our OCR will go and automatically categorize the transaction, set the payment date to the date it's actually due, so you're not losing a dollar out in interest, and then categorizing the transaction for you.
And so I think...
When you look at the type of businesses, these are leaders like CBRE, Shopify, the Boys and Girls Clubs of America, businesses of all shapes and sizes, I actually think are looking, especially in these times, to get more from every dollar an hour.
People at Ramp are very, very excited about the momentum.
I mean, just to give you some context, Ramp is now larger than the median publicly traded SaaS company.
And our gross profit, which is a great measure of our profitability, is growing 10 times as fast.
No doubt, I think people are very, very excited.
There's a lot more to deliver.
The process is ongoing, but for us, whether an employee chooses to sell or not to sell, it's very valuable, especially in building a public company, to know that you have the option, that you can say yes or no to selling some shares.