Ramp’s latest expense-fraud guide describes an AI tool that it says reviews every transaction and catches out-of-policy spending. The company claims its Policy Agent operates at more than 99% accuracy and sends 10% to 15% of transactions to people for judgement calls.
Why it matters
The guide also points to warning signs such as repeated claims j…
Ramp says its Accounting Agent can generate accrued-interest entries automatically at period-end, then reverse them in the next accounting period. That tackles a small but fiddly month-end task, where forgetting the entry can leave expenses or income out of the right period.
Why it matters
The company says the feature is generally available with…
Ramp says its Policy Agent, an AI expense reviewer trained on a company’s own policy, catches seven times more out-of-policy spending than traditional rule-based systems.
Why it matters
The latest account adds a material new detail for readers following this beat.
Discuss: Should companies trust an AI expense reviewer more when it can apply t…
Ramp says it has added a small transformer alongside its existing XGBoost model to assess card transactions in real time.
Why it matters
The company says the model learned from two years of unlabelled transactions and improves fraud-ranking precision, particularly for larger charges, while meeting authorisation speed requirements. No performance…
Ramp says its Accounting Agent auto-codes 3.5 times more transactions than rules-only tools, a claim included in the company’s guide to e-commerce accounting.
Why it matters
Ramp says each AI coding decision comes with a confidence level and rationale, and can be overridden, giving finance teams a way to inspect and challenge the agent’s work. Tha…
Ramp says its Stack accounting agents can reconcile account activity against the general ledger, build workbooks showing their calculations and draft journal entries.
Why it matters
The entries are posted to accounting software only after a reviewer approves them, and each session has an audit log. That gives finance teams a concrete picture of…
Ramp’s guide to automating expense reports describes a Policy Agent that reviews transactions against a company’s own policy before they reach an approver. The company says it can assess context that fixed rules may miss, such as whether a purchase fits an employee’s role and stated business purpose.
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