Ramp CEO wants AI to automate "the worst hour of your month"

Fortune

“Why not automate these terrible parts of your job away?”  Ramp CEO Eric Glyman has built one of fintech’s fastest-growing startups—hitting $1 billion in annualized revenue and a $22.5 billion valuation in just six years.  In an interview with Fortune’s Titans of Industry podcast, Glyman shared how Ramp’s AI tools take on the tedious tasks—like expense reports—so employees can focus on higher-value work.

Transcript

00:00I don't believe that AI is smart enough to do the job of a CFO or a complete finance function,

00:04but it is definitely capable of doing your expense reports. It is definitely capable of

00:09categorizing transactions. And I think for most people, I don't think you're adding deep human

00:14intelligence when you're going and snapping a photo and you're describing what you bought

00:18and you're going and tagging transactions. It's very low level work. And for most people,

00:24like it is just the worst hour of your month. Why not automate these terrible parts of your job away?

00:29It allows your best salespeople to go and spend that last hour selling on actually doing the work

00:34they were meant to do. And so we're very much in that phase of actually, it's creating a lot of

00:38delight and joy for people in their roles.

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