The new Ramp Treasury allows businesses to earn 35 times more on their operating cash in a Ramp Business Account than the national average, or potentially earn higher yields in an investment account, the company said in a press release this week.
“The old treasury playbook meant either constant micromanaging of cash positions and payment dates … or just accepting you’ll lose out on interest,” Ramp CEO Eric Glyman said in the release. “The new playbook is refreshingly simple: let technology do the heavy lifting, so you don’t have to.”