NewFacts
ramp

Ramp

ramp.com

## What tasks and workflows does Ramp automate to improve efficiency?

Ramp automates multiple financial workflows to increase efficiency. It automates expense management processes including receipt collection and coding, enabling employees to complete expense reports in about 2 minutes with AI-powered policy audits and cashback insights. Ramp eliminates traditional manual expense reports by automatically processing transactions from Ramp corporate card swipes or requesting receipts via text. Ramp's accounts payable software automates the entire workflow by creating bills from uploaded invoices, preventing duplicates, managing approvals, and processing payments without manual data entry. Intelligent accounting rules allow finance teams to map merchants and expense categories to accounting fields, automating coding and reducing manual categorization. Ramp's AI agents enforce company expense policies automatically with auditability. These automations help companies close books faster (up to 8 times faster) and reduce administrative workload.

Knowledge provided by NewFacts.

If any information on this page is erroneous, please contact hello@newfacts.org.

NewFacts content is verified by brands themselves. If you're a brand owner and want to claim your page, please click here.