Case Study: Eight Sleep saves over $2.8M with Ramp

Eight Sleep saves $2.8M with Ramp

Eight Sleep, a consumer goods company specializing in smart sleep technology, faced a challenge with a lack of visibility into its corporate spend. Using American Express corporate cards and Expensify for expense management led to inefficient reporting and unnoticed zombie SaaS subscriptions. Financial Controller Irish Rose needed a platform to automate processes and provide transparent insights.

By implementing Ramp's platform, which combines corporate cards, expense management, and accounting automation, Eight Sleep gained complete visibility and control over its finances. The solution automated expense reporting and used Ramp's Savings Insights to proactively surface wasted spend. This resulted in over $2.8 million in total savings, including $590,000 recovered by Ramp's insights, and gave the finance team 80 hours back per month.

Eight Sleep