3/10/2023 0 Comments Divvy card loginYou have to understand the underlying business philosophy behind each. Which is why you can’t just look at a features list. divvy” reviews getting published, making most of them instantly out of date. If you need to choose just one, we feel it comes down to this: What is the company’s main goal? What is the card designed around? What does it reward?īecause expense card companies are adding features just as fast as all those “ramp vs. Tech writers might smugly smile at turning out phrases like “The corporate spend market mints unicorns,” but the thing about unicorns is that they are one-of-a-kind…and that’s not where things are going in this market. We suspect that a lot of these tools will be table stakes in the expense management/card arena, with a lot of competitors looking alike. If having mobile access is a priority, this is where Divvy wins–Divvy has a mobile app that helps tie in all expense management tools, while Ramp does not. They both boast expense management, spend management rules, AP/billing software, and even AI for automating certain functions. Ramp, by comparison, is almost bragging about their integrations.Īs for tools, both companies seem to be adding them at lightning speed. That’s not to say that Divvy does not integrate well with many of these common software packages (Quickbooks and Netsuite specifically, with more on the way.) But several integrations are “coming soon,” and instead seeing the full list requires opting in for a demo. OK, But What About Those Integrations and Tools?įrom what we’ve seen, the fact that Ramp is newer has been a benefit: They come to the table with more accounting integrations (Quickbooks, Netsuite, Sage, Xero) and HR system integrations (BambooHR, HiBob, Rippling, etc.). The answer will define which clients they can ultimately woo away from other players *cough* Amex *cough cough*. The question for both, of course, is this: Which companies are choosing a card based on rewards? Open question. This fits their model of trying to make the user experience simpler all around. Ramp, on the other hand, offers a straight 1.5% cash back reward on, well, everything. After all, those carrots are being held out to try and influence spend behavior, and it’s clear here that Divvy was originally designed for travel and corporate entertainment–though the company is targeting small-to-medium businesses, especially those that want to build or establish credit. What’s significant here is not the tiered system, but which kinds of purchases earn the most rewards. Monthly payments go even lower: 2x on restaurants and hotels, 1.5 on software, and 1x on everything else. But if you pay semi-monthly, those go down to 4x, 3x, and 1.75x, respectively. For example, if your plan has you paying off your bill weekly, you can get 7x rewards on restaurants, 5x rewards on hotels, 2x rewards on software, and 1.5% on everything else. Divvy’s Rewards Structureĭivvy has a tiered rewards structure, meaning that the more often you make payments, the greater their rewards. We can talk about planning tools, reports, and dashboards until the end of days, but the real difference we see between these two is in their rewards structure. Divvy, Rewards Are the Biggest Difference So, if we had to choose one of these cards-Divvy or Ramp-where would we place our bets? With Ramp vs. (Heck, we have a corporate expense card for startups ourselves.) Being focused almost solely on SaaS management means we don’t really compete with these other expense cards but having a card and thus being in Fintech means that we’ve had a front row seat to the fight. (In a hurry? Skip down to the comparison chart.) A lot of these cards look alike, and there is a metric TON of marketing being thrown at every startup and small business that even looks sideways at an expense card. While that competition means a lot of friction between players, it means great things for users of these cards-namely, that the tools and perks will flow freely as each card tries to win over new customers.īut having so many great choices has its downside, too. That includes some outright hostilities between heavyweight Divvy and relative newcomer Ramp. If you’ve been looking into expense management cards, you might have picked up from insiders that 2021 was the beginning of the expense management war.
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