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Ramp Introduces AI Agents for Finance Automation


Ramp Introduces AI Agents for Finance Automation
  • by: Source Logo
  • |
  • July 11, 2025

Ramp, a leading financial operations platform, has introduced its first AI agents designed for controllers, aimed at automating expense policy enforcement, eliminating unauthorized spending, and preventing fraud. This marks the initial release in a series of specialized AI agents planned for 2025 to streamline finance team workflows.

Quick Intel

  • Ramp launches AI agents to automate finance operations for controllers.

  • Agents enforce expense policies, block unauthorized spending, and detect fraud.

  • Built on Ramp Intelligence, powered by OpenAI’s reasoning models.

  • Reduces manual tasks, with early users reporting 99% accuracy in approvals.

  • Saves finance teams up to 70% of time spent on expense reviews and audits.

  • Adapts to company policies and suggests improvements based on usage.

Revolutionizing Finance with AI Automation

Finance teams face increasing pressure to manage complex tasks with limited resources, often spending up to 70% of their time on manual processes like expense reviews and compliance audits. Ramp’s AI agents for controllers address these challenges by autonomously handling expense management, policy enforcement, and fraud detection, significantly reducing errors and workload.

Powered by Advanced AI Technology

Built on Ramp Intelligence and leveraging OpenAI’s reasoning models, these agents apply context-aware, human-like reasoning to manage workflows independently. Unlike traditional automation reliant on basic rules, Ramp’s agents proactively enforce spend policies, flag suspicious transactions, and provide auditable decision trails. Early adopters, such as Quora, report 99% accuracy in expense approvals, streamlining operations and enhancing compliance.

Real-World Impact on Finance Teams

“Before Ramp agents, we manually reviewed 100% of transactions. Now, Ramp agents take the first pass and flag what actually needs our attention. Every decision Ramp makes is logged with a clear audit trail. Accuracy matters, and Ramp consistently gets it right. We’ve seen fewer errors, faster reviews, and stronger policy enforcement across the board,” said Richard Gobea, Finance Manager at Quora. These agents approve low-risk expenses, alert on suspicious receipts, and suggest policy improvements based on user activity.

Leadership Insights on AI Innovation

“Ramp agents have complete knowledge of your accounting rules and expense policies that employees don’t carry in their heads, plus instant access to transaction details that finance teams would need time to gather. This lets them act faster and more accurately on every transaction,” said Karim Atiyeh, co-founder and CTO at Ramp. “This isn’t just automation. It’s intelligent reasoning that handles complex financial decisions to reduce errors, strengthen policy enforcement, and stop fraud.” Olivier Godement, head of platform product at OpenAI, added, “It’s amazing to see what Ramp has built with our newest reasoning models. These agents are taking care of key financial processes and, most importantly, getting them right – letting teams focus on deeper strategic work.”

Enhancing Efficiency Across Industries

“Ramp takes the manual work off our plate and gives us the confidence that we’re ahead of emerging AI fraud threats before they hit us,” said Lawrence Dann-Fenwick, Head of Strategic Finance at Hex. Companies like Notion, Sierra, and Quora are already leveraging Ramp’s AI agents to optimize financial operations, reduce costs, and enhance strategic focus. With 50% of its payroll invested in R&D, Ramp ensures finance teams of all sizes benefit from cutting-edge AI automation.

Ramp’s AI agents represent a significant leap in financial operations, offering intelligent, scalable solutions that empower finance teams to focus on strategy over manual tasks. As the first in a series of planned releases, these agents position Ramp as a leader in AI-driven finance automation, addressing critical needs for efficiency and compliance.

 

About Ramp

Ramp is a financial operations platform designed to save companies time and money. Our all-in-one solution combines payments, corporate cards, vendor management, procurement, travel booking, and automated bookkeeping with built-in intelligence to maximize the impact of every dollar and hour spent. Over 40,000 customers, from family farms to space startups, have saved $10 billion and 27.5 million hours with Ramp. Founded in 2019, Ramp enables tens of billions in purchases annually.

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