Ramp

## How does Ramp enforce and manage expense policies and approvals?

Ramp enforces company expense policies automatically using auto-enforced expense policies that prevent unauthorized or non-compliant spending before it occurs, effectively stopping bad spend. Administrators can set up customizable approval workflows and multi-level approval processes for various spend types including transactions, reimbursements, new funds requests, edits, bill payments, and vendor changes. Ramp flags out-of-policy transactions and vendors, requiring additional review and approval with reasons before allowing spend. Low-risk transactions may be auto-approved, while true outliers are flagged for review. The system supports automated routing and approvals, with notifications sent to managers or finance teams. Ramp's AI agents ingest written expense policies and historical exceptions to make faster, more accurate decisions, providing full auditability and rationale for each decision. Approval policies and workflows can be configured via a workflow builder and managed in the Expense Policy settings, allowing companies to maintain control and accountability over spending.