Case Study: Foursquare cuts procurement time in half with Ramp

Foursquare cuts procurement time in half with Ramp

Foursquare, a mid-size software and technology company, faced an inefficient and fragmented procurement process with 40% of its spend unmanaged. Without a dedicated team or a coherent system, employees navigated multiple tools and outdated documentation, leading to widespread workarounds and a lack of oversight. Head of Business Operations Michael Bohn sought a unified solution to manage the full procure-to-pay cycle and turned to Ramp for its spend management platform.

By implementing Ramp, Foursquare consolidated its tech stack onto a single, intuitive platform. The solution unified intake, approvals, accounts payable, and corporate cards. This drove 100% adoption and resulted in a fourfold increase in the speed of creating purchase orders and processing invoices. The company eliminated rogue spend, bringing nearly 100% of spend under management, and consolidated its vendor stack by over 30%, saving costs and allowing the finance team to handle more than twice the volume without adding headcount.

Foursquare