In search of better spend management tools, Reed looked into several solutions. “Rippling was far and away the best option,” he said. As soon as AGX joined Rippling Spend, he could “already tell this is going to be a game changer, not only from the perspective of timely reporting, but time saved by eliminating manual processes.”
We got the highest credit limit, the lowest per-head cost, and the highest cash back, plus we got HR... everything's under one roof.
Reed Adams
Director of Finance at AGX Siteworx
01
Corporate cards with stable limits and tight controls
Rippling provided AGX with a fixed credit limit that was high enough to give the company ample room beyond its typical monthly needs. “Given the fact that we’re continuing to grow, the extra room gives us an extra level of comfort,” Reed said.
The straightforward application process to enroll in Rippling’s corporate card program took just 15 minutes, requiring only bank statements and previous credit card statements. This stability eliminated the operational disruptions caused by Amex's floating limits.
Reed also cited the tight spend controls on Rippling’s corporate cards. “You can set spending limits on individual cards instantly,” he said.
After switching to Rippling, AGX rapidly expanded its corporate card program from six to 19 cards, with 14 deployed to field personnel (project managers, superintendents, and foremen) and five to back-office staff.
02
Streamlined expense reporting
With Rippling, AGX established two key automated policies that saved time and enhanced its visibility over spend: mandatory receipt uploads for all purchases and required memo fields capturing essential project details (like job numbers and locations).
These new policies transformed AGX’s expense management from a time-consuming manual process into an instantaneous one, saving the team 60 hours per month. Most critically, it provided real-time visibility into job costs—a dramatic improvement from the previous two-week reporting lag.
"Before Rippling, we could spend $50,000-60,0000 on a job that wouldn't be reflected in our reporting for weeks," Reed said. "Now we can instantly run reports to compare revenue against expenses and see if we're hitting our 5-7% margin targets on each project.”
Instead of that two week lag on getting receipts and making sure they all match up, we have instant clarity on what the cost is on the job.
Reed Adams
Director of Finance at AGX Siteworx
03
Optimized working capital
By switching to Rippling spend cards with lower processing fees than Amex, AGX successfully moved $40,000 in vendor payments onto corporate cards. This shift from ACH and wire transfers to card payments helped optimize the company’s working capital position. It also helped AGX earn substantial cashback rewards, which the company preferred over its prior points-centered rewards program with Amex.
With card spend projected to reach $2 million by the end of 2025, AGX stands to earn approximately $80,000 in annual cashback—funds that go directly to the bottom line. "We got the highest credit limit, the lowest per-head cost, and the highest cash back, plus we got HR... everything's under one roof," Reed said.
As a consolidated platform, Rippling Spend also provides comprehensive expense coding and real-time reporting, giving AGX deeper insights into project profitability, and helping Reed and his team maintain the strong working capital ratios needed for AGX’s general contractor certification.
