Ramp vs Divvy: Which spend management platform is right for your business?

Ramp vs Divvy: A comparison to make the right choice for spend management

Financial technology platforms promise to streamline spending, automate workflows, and give businesses better control over their money. But not all platforms are built the same, and choosing the wrong one can mean paying for features you don't need or missing the tools that actually matter for your business.

Two of the most popular options today are Ramp and Divvy (now part of BILL). Ramp focuses on automation and cost-cutting analytics for tech-forward companies, while Divvy emphasizes budget controls and approval workflows for small to mid-sized businesses. Both can offer clear advantages over traditional banking and legacy expense systems, but neither provides the full-stack capabilities of Slash.

In this guide, we'll compare all Ramp, Divvy, and Slash across core products and features, such as corporate cards, rewards programs, payment options, and platform flexibility.1 By the end, you'll have a clear sense of which solution aligns best with your financial operations. You’ll also learn how Slash outclasses competitors by offering a more complete financial stack that combines flexible financing, real-time payments, crypto support, and superior rewards.⁴﹐⁵

What type of software platforms are Ramp, Divvy, and Slash?

Ramp, Slash, and Divvy are banking and expense management platforms built to help businesses improve spend tracking, budget enforcement, and streamline financial operations.

Behind their similar interfaces, each platform delivers a meaningfully different set of products and capabilities. Choosing the wrong one can limit your access to short-term liquidity, modern payment technology, or competitive rewards. Here’s what you should know before comparing their functionality:

What is Divvy?

Divvy (now operating under the BILL brand) is a spend-management platform built primarily for SMBs and growing teams that need tighter control over invoices, AP/AR workflows, and budget enforcement. Partnering with WEX Bank, WebBank, and Cross River Bank, Divvy provides virtual cards, real-time tracking, and budgeting tools to help businesses streamline expense processes and improve cash flow visibility.

Divvy’s strengths include intuitive onboarding, granular spend controls, and an intuitive user experience suited for businesses adopting modern business tools for the first time. However, there are some possible limitations associated with their financial services:

• Complicated rewards program: Divvy’s rewards structure can be complicated and restrictive, requiring 30% credit-line utilization just to earn points and offering redemption values that swing dramatically between categories. With slow cashback payouts (up to 15 days) and inconsistent point worth, many businesses may end up with less value than expected.
• Limited scalability: Divvy’s feature set is optimized for SMBs, which can introduce delays or constraints as needs become more multi-entity or global.

What is Ramp?

Ramp is a corporate card and financial-automation platform launched in 2019 that emphasizes intelligent expense controls, rigorous analytics, and automation-heavy business tools. With partners such as Celtic Bank, Column N.A., and IntraFi Network LLC, Ramp focuses on helping growing businesses optimize spending, reduce waste, and make faster financial decisions.

Ramp offers an intuitive interface, automated receipt collection, and strong tracking features, but several drawbacks may affect teams looking for more flexible solutions:

• Limited rewards: Ramp’s maximum 1.5% cashback is lower than competitors; with Slash, you can earn up to 2% cashback on corporate card spend.
• Lack of cryptocurrency support: Without native stablecoin support or faster settlement methods, Ramp can’t deliver the seamless, fast, or low-cost international payment capabilities some growing businesses now expect.
• No business financing: Unlike Slash, Ramp does not offer flexible financing to give business access to a credit device with straightforward drawdowns, which can hinder business growth for companies needing liquidity to support their working capital.

What is Slash?

Slash is a modern spend-management platform built for businesses that need flexible payments, intelligent automation, and enterprise-grade scalability. Founded in 2020, Slash is newer than Ramp and Divvy, yet it outpaces both with broader functionality and improved rewards. Features of the Slash platform include:

• Slash Visa Platinum Card: A corporate charge card that earns up to 2% cashback on purchases. Issue unlimited virtual or physical cards, set strict or flexible spend rules, and monitor all activity with real-time spend tracking and granular analytics for deeper cash-flow insights.
• Diverse global payment options: Slash supports domestic ACH, wires, RTP, and FedNow, plus international wires to 160+ countries through the SWIFT Network.
• Working Capital financing: If your business is short on liquidity, Slash Working Capital allows businesses to make instant drawdowns and choose flexible 30, 60, or 90-day repayment terms based on your needs.
• Native cryptocurrency support: Hold and transact popular stablecoins such as USDC, USDT, and USDSL, and move funds across 8 supported blockchains to bypass traditional processing and FX fees. With seamless on/off-ramp conversion built into the dashboard, Slash lets you switch between stablecoins and USD instantly for fast, low-cost global payments.
• Integrations: Slash syncs transaction data directly into QuickBooks Online for smoother reconciliation and more efficient accounting workflows. Through Plaid, Slash can pull ACH transfers from external accounts to better unify your financial stack.

Choosing the platform that fits your financial needs

The following sections take a closer look at each platform’s cards, rewards, financing, and payment capabilities to help you determine which solution aligns most closely with your business needs:

Corporate cards and lines of credit

Ramp, Divvy, and Slash each offer corporate charge cards designed to help teams track spending, manage employee controls, and sync transactions into accounting workflows. Because charge cards require the full balance to be paid each cycle, they naturally encourage tighter budget enforcement and cleaner cash-flow visibility, regardless of which platform you choose.

Where the platforms differ is in their ability to provide liquidity. Slash is the only provider that pairs its corporate card with a flexible working-capital line of credit, giving businesses the option to make instant drawdowns and choose 30, 60, or 90-day repayment terms. Divvy offers adjustable credit limits but no dedicated financing product, while Ramp offers no working-capital tools at all.

Rewards programs and cashback benefits

The Slash Visa Platinum Card Earns up to 2% cashback on purchases, offering straightforward, predictable value without category games or complex redemption charts. For most companies, this is easier to optimize than a tiered, points-based system. The BILL Divvy Card uses a points-based scheme with multiple redemption values and a strict 30% utilization requirement just to earn points. Point multipliers apply to certain spend categories like dining and software subscriptions, and redemption rates vary by category (cash back vs gift cards vs travel). Finally, the Ramp Card offers up to 1.5% cashback, which is competitive but still lower than Slash’s 2%.

Platform features

Slash is a comprehensive financial platform that unifies spend tracking, payments, analytics, crypto support, and more in one place. Divvy’s feature set centers around SMB-focused budget enforcement and AP workflows, making it a good fit for teams that need tight guardrails and structured approval processes. Ramp, meanwhile, positions itself as an automation-first platform aimed at helping companies cut costs through analytics, receipt-matching, and policy-based expense rules.

Pricing plans and fees

Divvy charges between $45 and $89 per user/month, depending on the tier; on top of its relatively high monthly fee, Divvy still adds additional fees for ACH and check payments. Slash’s free plan includes full platform access with low transfer fees (same-day ACH for $1, domestic wires for $6). Slash’s $25/month Pro plan provides unlimited, free transfers across all domestic rails. Ramp may advertise lower software costs between $0 and $15/month, but Ramp offsets this with steep payment fees, such as $10 for same-day ACH and $15 for wires.

Real-time transfer access

Slash supports sending and receiving funds on two different real-time payment rails, which can settle payments in seconds anywhere in the U.S. The first is RTP, a private transfer network operated by The Clearing House, and the second is FedNow, a public network provided by the Federal Reserve. Neither Ramp nor Divvy support full access to real-time rails.

Cryptocurrency support

Sending cryptocurrencies for B2B payments can provide a faster, low-fee alternative to traditional bank transfers. With Slash, you can hold and send three different USD-denominated stablecoins—USDC, USDT, and USDSL—on 8 different common blockchains. Neither Ramp nor Divvy have cryptocurrency capabilities.

Here’s a condensed look at how the three providers compare across their products, features, and more:

Making the right financial move with Slash

Many businesses find themselves choosing between platforms that excel in one area but fall short in another: strong rewards but weak automation, modern software but limited payment options, or good accessibility but outdated infrastructure. With Slash, you can eliminate those tradeoffs.

Rather than optimizing for a single use case, Slash functions as a complete financial operating system. It combines corporate cards with best-in-class cashback, flexible working capital financing, multi-rail payment infrastructure that can settle in seconds, and native cryptocurrency tools for borderless transfers. Paired with intelligent integrations that eliminate manual data entry, each component reinforces the next to give your business a unified system rather than a patchwork of disconnected tools.

The result is fewer hours lost to administrative friction, more money saved across your bottom line, and clearer visibility into your company’s financial health. When you spend less time managing your financial stack, you gain more time to build better products, expand your services, and push your business forward.

The future of business finance isn’t about choosing between speed, flexibility, and control. It’s about having all three in one place. Explore what’s possible at slash.com.

Frequently asked questions

Is Slash a secure platform?

Yes. Slash is a highly secure platform that complies with Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements for payments, as well as GLBA and PCI-DSS standards for storing sensitive account and personal information. Slash cards tokenize account data at the point of sale, adding protection against skimming and other forms of payment fraud. Click here to learn more about Slash’s security practices.

What audience does Divvy target apart from small to mid-sized businesses?

While Divvy (BILL) can support larger organizations, its core functionality is still optimized for SMBs. Slash, in contrast, serves a broader range of business types, from small ecommerce storefronts to large, multi-entity enterprises. Its accessible application process also supports non-U.S. entities through the Slash Global USD Account, which enables overseas businesses to access USD payments across banking rails and supported blockchains without needing a U.S.-registered LLC.

What additional program does Divvy offer that Ramp does not?

Because Divvy is now part of BILL, its users gain access to BILL’s full AP/AR suite, including invoicing, receivables management, and tools for collecting payments from customers. Ramp offers AP capabilities but does not provide native AR or customer invoicing features.