Latest news with #AppCenter
CNBC
3 days ago
- Business
- CNBC
6. Ramp
Founders: Eric Glyman (CEO), Karim AtiyehLaunched: 2019Headquarters: New York CityFunding: $1.2 billionValuation: $13 billionKey Technologies: Artificial intelligence, machine learningIndustry: FintechPrevious appearances on Disruptor 50 list: 2 (No. 32 in 2024) When companies are under pressure to do more with less, managing spend becomes a top priority. Ramp, a financial operations platform, is part of a growing number of tools designed to automate that process by streamlining payments, cutting costs, and freeing up finance teams to focus on strategy instead of spreadsheets. Since its launch six years ago, Ramp has become one of the fastest-growing players in the space. It now serves more than 30,000 U.S. companies, ranging from startups like Olipop to large enterprises like CBRE and ZipRecruiter. The company issues credit cards and automates expenses and accounting. It makes money from credit card interchange fees and software subscriptions. "Our core value proposition is helping businesses achieve more with less and spend less, which went from a-nice-to-have to truly the difference between whether you would exist or not in 2022 and 2023," CEO Eric Glyman told CNBC in March. At a time when others in Silicon Valley have had to cut back, Ramp has managed to raise more money. In March, the company secured a $150 million secondary deal led by Khosla Ventures, Thrive Capital and General Catalyst that valued the company at $13 billion. The spend management space has also become more crowded with players like Brex, Navan, Expensify, Mesh Payments, Airbase and Center fighting for market share all while competing against legacy players such as American Express, SAP Concur and Ramp's new additions will be critical to its continued growth. Over the past year, Ramp has doubled down on its focus on enterprise companies and added new features. In January, it launched Ramp Treasury, which allows companies to earn 2.5% on idle operating cash. It also acquired Venue, an AI-powered procurement software startup, and used it to roll out new vendor payment tools. In June, it debuted Ramp Travel, partnering with Priceline to use AI and automation to streamline and simplify the process of booking and managing expenses for corporate travel, moving into a space squarely in the sights of fellow Disruptor Navan. Other product launches include App Center, which deepened integrations with popular enterprise tools like Microsoft Dynamics, Workday, and QuickBooks Desktop. Internally, Ramp promoted two executives to top roles, naming Will Petrie to CFO and Geoff Charles to chief product officer. It also opened a new San Francisco office to expand its talent base. Ramp now employs more than 1,000 people.
Business Wire
03-06-2025
- Business
- Business Wire
Pivot Payables Announces Availability of its Accounting Automation Application on Amazon Business App Center
BELLEVUE, Wash.--(BUSINESS WIRE)-- Pivot Payables Inc., a fintech company delivering corporate financial operations solutions, announced that its accounting automation application, PivotLynx, is now available in the Amazon Business App Center. This integration gives Amazon Business account holders the ability to issue scenario-based virtual credit cards directly within PivotLynx, enabling pre-approved purchases and eliminating the traditional post-purchase reconciliation process. 'We are excited to provide a leap forward in how companies will be able to manage purchasing, empower employees with a seamless buying experience and ensure every transaction aligns with policy, approvals and compliance.' PivotLynx builds efficiencies for operational purchases made on Amazon Business by assigning specific purchase scenarios to virtual cards prior to use, tightly aligning each card to a specific purpose. Once approved, employees can make one or more purchases on Amazon Business using the assigned card. PivotLynx then automatically generates approved expenses, complete with accounting and SKU-level order details, ready for seamless upload into dozens of supported enterprise resource planning (ERP) systems. This eliminates manual expense tracking and significantly reduces month-end close efforts. 'Integrating PivotLynx with Amazon Business reflects our commitment to delivering smarter financial solutions that drive business performance and elevate the user experience,' said John Toman, chief product officer and co-founder of Pivot Payables. 'We are excited to provide a leap forward in how companies will be able to manage purchasing, empower employees with a seamless buying experience and ensure every transaction aligns with policy, approvals and compliance.' Key benefits for Amazon Business customers using PivotLynx include: Scenario-based virtual cards restricted to Amazon Business and tied to specific purchasing scenarios Pre-approved purchases with built-in accounting and reporting data One virtual card, multiple purchases, all tied to the same approved scenario SKU-level details and receipt images automatically attached to expenses Fully automated reconciliation that saves hours—or days—during month-end close Access PivotLynx in the Amazon Business App Center by clicking here. Pivot Payables is a fintech company delivering corporate financial operations solutions. Pivot Payables helps financial executives increase the value of their commercial card programs related to spend and payment management for travel, purchasing and invoice business processes. For more information, visit or LinkedIn.
Yahoo
26-03-2025
- Automotive
- Yahoo
Porsche Updates its Infotainment for 2026
The 2026 Porsche 911, Taycan, Panamera, and Cayenne will get an updated Porsche Communication Management system. This PCM system controls the vehicle's infotainment system and promises a more responsive infotainment system. This update includes new media hardware to make the system more capable, but also includes Amazon Alexa integration, Dolby Atmos audio capability and a new App Center. Porsche is overhauling its infotainment system for a handful of 2026 models. If you're going to snag a 2026 Porsche 911, Taycan, Panamera, or Cayenne, you'll get to experience an upgraded Porsche Communication Management system. And even though this upgrade might not be obvious while looking at the interior, it should give Porsche shoppers a better overall experience. According to Porsche, upgrading the PCM system makes the infotainment system more responsive. This bump in performance is because Porsche is updating the system's hardware and bumping up its computing power. Alongside a snappier infotainment system, this update also brings Amazon's Alexa digital personal assistant inside the cabin of your new Porsche. In addition to Alexa, the PCM system overhaul adds Dolby Atmos sound tech to the updated system. These additions might not be a huge deal on their own, but will surely help check some shoppers' boxes. The updated PCM also expands the Porsche App Center, which features third-party applications that are ready to work with your Porsche. The automaker says the updated models are scheduled to hit dealer lots in late summer 2025. These updated models will also come with 10 years of Porsche Connect. Do you think these infotainment system updates will help Porsche? Tell us your thoughts below.
