Ramp Introduces AI Agents to Automate Finance Operations

NEW YORK, July 10, 2025 /PRNewswire/ -- Ramp, the leading financial operations platform, announced its first AI agents, agents for controllers, to automatically enforce company expense policies, eliminate unauthorized spending, and prevent fraud. This is the first in a series of powerful and specialized agents Ramp is releasing this year to further reduce manual tasks faced by finance teams. 

Finance teams are being asked to do more with less, yet the function remains largely manual. Teams using legacy platforms today spend up to 70% of their time on tasks like expense review, policy enforcement, and compliance audits. As a result, 59% of professionals in controllership roles report making several errors each month.

Ramp's agents for controllers solve these problems by eliminating redundant tasks, working autonomously to review expenses and enforce policy.

Built on Ramp Intelligence, powered by OpenAI's reasoning models
Ramp's agents for controllers apply context-aware, human-like reasoning to manage entire workflows independently and proactively. Unlike traditional automation that relies on basic rules and conditional logic, these agents reason and act on behalf of the finance team, working independently to enforce spend policies at scale, immediately prevent violations, and continuously improve company spending guidelines. Ramp agents are meticulous, auditable, and consistent, escalating issues when needed and providing a clear audit trail for every decision. Early customers reported 99% accuracy in expense approvals¹.

"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.

Ramp agents are powered by Ramp Intelligence, Ramp's AI platform that automates expense reporting, data entry, contract review, and accounting accuracy. Agents learn and adapt directly from company policies and feedback from users to:

• Approve low-risk expenses or provide a recommendation with rationale to the approver
• Alert of suspicious receipts and invoices
• Answer employee questions about spend policy
• Uncover trends that signal fraud or careless spend
• Suggest edits to company expense policies based on usage and feedback

"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."

"It's amazing to see what Ramp has built with our newest reasoning models," said Olivier Godement, head of platform product at OpenAI. "These agents are taking care of key financial processes and, most importantly, getting them right – letting teams focus on deeper strategic work."

The AI advantage for finance
Ramp agents put best-in-class AI into the hands of finance teams and provide a new layer of engineering support to resource-constrained teams. Ramp invests 50% of its payroll in research and development so every finance team, no matter the size, can benefit from the latest breakthroughs in AI automation and reasoning.

"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.

Finance teams at leading AI companies like Notion, Hex, Sierra, and Quora already use Ramp to move faster, operate smarter, and stretch every dollar further.

To learn more about Ramp agents visit: ramp.com/intelligence.

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. Learn more at www.ramp.com.

1. Based on Ramp internal analysis conducted on 7/1/25, evaluating the percentage of transactions Ramp agents recommended for approval that were also approved by human reviewers.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ramp-introduces-ai-agents-to-automate-finance-operations-302502154.html

SOURCE Ramp