- Automate sourcing, intake, compliance reviews, and renewals
- Auto-fill invoices using your AP team's past corrections
- Auto-classify forwarded email attachments into draft bills and supporting docs
- Ready to put AI agents in charge of purchasing?
Source-to-pay shouldn't be a manual handoff between procurement, AP, and accounting. This month's updates put AI agents in charge of both halves:
- Vendor sourcing and intake
- Invoice processing and routing
Here's what's New on Ramp in May:
Automate sourcing, intake, compliance reviews, and renewals
This month, we launched the biggest upgrade to Procurement yet: a suite of AI agents and contract intelligence tools designed to run purchasing end-to-end – so you find the right vendors, make compliance automatic, and negotiate a better deal.
- Source vendors and run RFPs through a single conversation
- Pre-fill intake requests in plain English and flag policy violations before they reach an approver
- Run security, legal, and vendor evaluations automatically in parallel
- Track every contract and surface renewals with benchmarked pricing months ahead of deadline
Customers are saving 16% on vendor costs and 46 hours per month of manual procurement work.
Learn how Ramp Procurement works →
Auto-fill invoices using your AP team's past corrections
Your AP team re-codes the same vendor's invoices the same way every month because standard OCR doesn't learn from their edits.
Smart OCR now:
- Captures every correction your AP team makes (line items, GL codes, payment terms, dates, entity coding)
- Applies those patterns to future invoices from the same vendor automatically
- Takes plain-English instructions per vendor for anything the AI misses
Teams on Ramp process twice as many bills end-to-end with no manual touch.
Auto-classify forwarded email attachments into draft bills and supporting docs
Invoices, contracts, timesheets, and spam all land in the same forwarding inbox, and someone has to sort it by hand. Ramp now classifies every forwarded attachment automatically:
- Invoices and vendor credits become draft bills
- Contracts, SOWs, and timesheets attach to the matching invoice as supporting docs
- Spam, duplicates, and irrelevant files get filtered out before they reach your team
- Confirmation emails summarize what was processed, attached, and filtered, with reasons
All Bill Pay customers get access by May 28.
Learn how AP forwarding works →
Ready to put AI agents in charge of purchasing?
Ramp Procurement is available with Ramp Plus, with up to 3 months free for new customers through June 30. Available for both new and existing customers.
“I assumed I would have to choose between speed and control. What I found is that you can have both. A well-designed system takes friction out, for the finance function and for everyone else.”
Justin Webster
CFO, Denver Broncos
“A well-run district should not have to choose between getting work done at the school site and keeping control of the dollars behind it. We're not hiring more people to do more jobs, so we have to be smarter about the process. With Ramp, the purchase, the receipt, and the record stay together from the start. ”
Nick Brizeno
Director of Purchasing, San Marcos Unified School District
“In senior living, scale only works if the communities still feel personal. We needed the back office to carry more of the complexity, not the people serving residents. Ramp helped us build that infrastructure, so the experience in the community could stay human.”
Ryan Cole
CFO, Agemark Senior Living
“AI is moving faster than the finance context around it. Prices change, models change, and the value is not always obvious from an invoice. We needed enough detail to know which bets deserved more investment — and which ones did not.”
Greg Cooley
Controller, AngelList
“Invoices, cards, tokens. The categories change but the principle doesn't: know where the money is going, remove the work around it, and make sure the spend is worth it.”
Maciej Mylik. Finance
ElevenLabs
“We weren’t trying to retrofit an old finance system. We had a blank canvas, and Ramp gave us the foundation to build a global finance function of the future.”
Justin Dourado
Director of Finance, Othership
“There's just no surprises anymore. No more waiting two months to find out how a job did. We know how it's doing as it's happening.”
Erich Kuss
Financial Systems Manager, Infinity Home Services
“More token spend isn’t proof that AI is working. Less isn’t proof that it isn’t. What matters is whether we’re buying the right level of intelligence for the work. Ramp lets us make that judgment in the same place we manage every other type of spend.”
Cody Nutt
Senior Director of Business Systems, Daxko
