Travel and expense management solutions provider Ramp has released its first set of AI agents, built specifically for controllers, to enforce company expense policies, eliminate unauthorized spending, and prevent fraud.
Ramp says Thursday’s release is the first in a series of specialized AI agents the company is introducing this year to further reduce manual tasks faced by finance and accounting teams.
Ramp’s agents for controllers apply context-aware, human-like reasoning to manage entire workflows independently and proactively, the New York City-based company states in a July 10 media release. 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,” the company said. “Early customers reported 99% accuracy in expense approvals.”
Ramp agents are powered by Ramp Intelligence, Ramp’s artificial intelligence 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,” Karim Atiyeh, co-founder and chief technology officer at Ramp, said in a statement. “This isn’t just automation. It’s intelligent reasoning that handles complex financial decisions to reduce errors, strengthen policy enforcement, and stop fraud.”
More information about Ramp agents can be found here.
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Tags: Accounting, Artificial Intelligence, Ramp, Technology
