- 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.
“We used to pay up to $20k a year for our AP platform. With Ramp, we’re earning back well over that amount. That's money that belongs to the mission now, not to the back-office software.”
Heidi Coffer
Chief Financial Officer, Boys & Girls Clubs of San Francisco
“We're accountable to our funders, our partners, and the families we serve. That accountability starts with how we manage every dollar. Ramp makes it easy for our team to spend wisely, track in real time, and keep overhead low so more resources reach the families navigating infertility.”
Rachel Fruchtman
CFO, Jewish Fertility Foundation
“Each member of our team has an outsized impact due to our focus on using high-leverage tools like Ramp.”
Lauren Feeney
Controller, Perplexity
“With Ramp, we haven’t had to add accounting headcount to keep up with growth. The biggest takeaway is that instead of hiring our way through it, we fixed the workflow so we can keep supporting the organization as we scale.”
Melissa M.
VP of Accounting at Brandt Information Services
“In the public sector, every hour and every dollar belongs to the taxpayer. We can't afford to waste either. Ramp ensures we don't.”
Carly Ching
Finance Specialist, City of Ketchum
“Compared to our previous vendor, Ramp gave us true transaction-level granularity, making it possible for me to audit thousands of transactions in record time.”
Lisa Norris
Director of Compliance & Privacy Officer, ABB Optical
“We chose Ramp because it replaced several disparate tools with one platform our teams actually use—if it’s not in Ramp, it’s not getting paid.”
Michael Bohn
Head of Business Operations, Foursquare
“Ramp gives us one structured intake, one set of guardrails, and clean data end‑to‑end— that’s how we save 20 hours/month and buy back days at close.”
David Eckstein
CFO, Vanta
