Ramp Metric
Expense Management
Receipt Compliance Rate = (Transactions with Receipts / Total Transactions) × 100
Receipt compliance rate is the percentage of transactions that have a matching receipt or supporting documentation attached. It measures adherence to documentation requirements essential for audit readiness and tax compliance.
Full guide: definition, formula, and benchmarksReceipt Compliance Rate
Receipt compliance rate is the percentage of transactions that have a matching receipt or supporting documentation attached. It measures adherence to documentation requirements essential for audit readiness and tax compliance.
How to calculate receipt compliance rate
Why receipt compliance rate matters for Ramp users
Missing receipts create audit risk, complicate tax deductions, and may indicate lax expense management culture. High compliance rates ensure clean books and painless audits.
Ramp users benefit from automated receipt matching and mobile capture that makes compliance easier for employees, but tracking the rate reveals where additional nudging or policy enforcement is needed.
Understand and act on receipt compliance rate with KPI Tree
Connect Ramp receipt data to KPI Tree via your warehouse. Place receipt compliance in a governance tree alongside out-of-policy spend and compliance violations.
Assign finance operations ownership and set alerts when compliance drops below target, with drill-downs by department and employee to target follow-up.
Get started with your Ramp data
Connect your existing warehouse where Ramp data already lands.
Our professional services team can build you turn-key AI foundations in a matter of weeks. Data warehouse on Snowflake/BigQuery, ELT with Fivetran, all modelled in dbt with a semantic layer.
Related Ramp metrics
Compliance Violation Rate
Expense ManagementMetric Definition
Compliance Violation Rate = (Violating Transactions / Total Transactions) × 100
Compliance violation rate is the percentage of transactions that breach company spending policies, including merchant restrictions, spending limits, or category prohibitions. It measures policy enforcement effectiveness.
Out-of-Policy Spend Rate
Expense ManagementMetric Definition
Out-of-Policy Spend Rate = (Out-of-Policy Spend / Total Spend) × 100
Out-of-policy spend rate measures the percentage of total spend that falls outside company expense policies, including excessive amounts, unapproved categories, or non-compliant merchants.
Expense Approval Cycle Time
Expense ManagementMetric Definition
Approval Cycle Time = Average (Approval Date - Submission Date)
Expense approval cycle time measures the average duration from expense submission to final approval. It captures the speed and efficiency of the review and approval workflow.
Card Activation Rate
Expense ManagementMetric Definition
Card Activation Rate = (Cards with Transactions / Total Cards Issued) × 100
Card activation rate is the percentage of issued Ramp cards, both physical and virtual, that have been used for at least one transaction. It measures programme adoption and employee onboarding effectiveness.
Explore receipt compliance rate across integrations
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