Case Study: The University of Tennessee Athletics Foundation achieves faster, more efficient back-office operations with Ramp

The University of Tennessee Athletics Foundation boosts efficiency with Ramp and automates >71% of transactions

The University of Tennessee Athletics Foundation, Inc. faced a challenge with time-consuming manual financial processes that were hindering its ability to support its 20 varsity teams. The non-profit foundation needed to modernize its back office to save time and operate more efficiently. To address this, they partnered with Ramp, implementing its platform for accounting automation, accounts payable, expense management, and procurement.

By using Ramp, the foundation consolidated purchasing, bill pay, and expense reconciliation into a single, streamlined platform. This solution provided granular spend controls and automated workflows, which saved significant administrative time. The results were substantial, including an 8x return on investment from savings and cashback, and over 71% of transactions being automatically coded and synced to QuickBooks. Ramp enabled the foundation to dedicate more resources to supporting student-athletes.

The University of Tennessee Athletics Foundation, Inc