Ramp

## What expense management and accounts payable automation capabilities does Ramp offer?

Ramp offers a consolidated platform that includes expense management and bill payment software designed to scale with company growth and financial needs. The platform automates the entire expense workflow from purchase to reconciliation, including automatic receipt collection and matching via vendor integrations, text messages, and mobile app capture using OCR technology. Ramp's accounts payable automation extracts invoice details, routes approvals with customizable workflows, schedules recurring payments, and supports multiple payment methods. It uses AI for precise invoice processing, reduces fraud risks and payment errors, and provides status tracking of every bill and invoice to assist in cash flow forecasting. Users can import unpaid bills directly from their ERP and process payments in bulk, resulting in faster transfers, lower fees, cashback, and reduced reconciliation efforts.