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CoreTrust Teams Up with Ramp to Offer AI-Driven Financial Operations Platform to Businesses

9 days ago

CoreTrust Partners with Ramp to Deliver AI-Powered Financial Solutions NASHVILLE, Tenn.--(BUSINESS WIRE)--CoreTrust, a leading Group Purchasing Organization (GPO), has announced a strategic partnership with Ramp, a top financial operations platform. This collaboration aims to equip CoreTrust members with robust, AI-driven solutions, helping them optimize expenses and operate more efficiently in the current economic landscape. Since its inception in 2006, CoreTrust has been a trusted ally for procurement professionals navigating the challenges of indirect spend categories, volatile markets, and evolving industry needs. By adding Ramp to its supplier network, the organization continues to bolster its offerings, introducing a comprehensive platform designed to simplify expense management and enhance financial transparency. Ramp's versatile solution not only reduces costs and streamlines daily operations but also provides valuable insights, automates routine financial tasks, and supports smarter decision-making. "We are dedicated to providing unparalleled value to our members, particularly in times of market uncertainty," stated Mahesh Shah, CEO of CoreTrust. "The integration of Ramp's AI-powered platform aligns seamlessly with our mission to assist businesses in saving both time and money. We are excited to partner with Ramp, enabling our members to focus on their core priorities: growth and innovation." Ramp is transforming the realm of business finance by integrating corporate cards with advanced software, unifying expenses, bill payments, travel, procurement, and treasury functions. The platform’s built-in controls and smart automation capabilities allow businesses to manage spend more effectively while reducing administrative burdens. This partnership ensures CoreTrust members can leverage Ramp’s technology to enhance financial efficiency and control. "Each year, businesses squander billions due to inefficient financial processes and overlooked savings opportunities," noted Colin Kennedy, Chief Business Officer at Ramp. "We have already enabled tens of thousands of companies to revolutionize their financial operations, achieving over $1 billion in cost savings and automating more than 10 million hours of financial work in the past year alone. We are thrilled to extend these benefits to CoreTrust members, helping organizations across America attain operational and financial excellence for sustained growth." By incorporating Ramp into its supplier ecosystem, CoreTrust solidifies its position as a strategic partner, offering innovative, high-impact solutions that empower members to manage their finances more intelligently and sustainably. This move enhances CoreTrust’s ability to deliver on its promise of cost savings, increased visibility, and operational success. For more information about Ramp through CoreTrust, visit www.coretrustpg.com. About CoreTrust Founded in 2006, CoreTrust is a reputable GPO trusted by over 3,500 businesses to optimize their procurement processes. With an annual purchasing power exceeding $8 billion, CoreTrust provides more than 125 pre-negotiated supplier contracts across various spend categories, including Corporate Services, Facilities, Supply Chain and Logistics, Human Resources, Pharmacy Benefit Management, Technology, and Travel. Members benefit from the digital marketplace, CoreTrust Exchange (CXP), which offers curated supplier contracts, actionable insights, and substantial savings—all provided at no cost. For more details, visit www.coretrustpg.com and follow CoreTrust on LinkedIn. About Ramp Ramp is a financial operations platform designed to save companies time and money by integrating payments, corporate cards, vendor management, procurement, travel bookings, and automated bookkeeping with embedded intelligence. Since its launch in 2019, Ramp has facilitated tens of billions in annual transactions, helping over 30,000 customers—from small family farms to innovative space startups—save $2 billion and 20 million hours. Learn more at www.ramp.com/partners/coretrust. More News From CoreTrust

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