The introduction of the Ramp Accounting Agent signals a shift in the fintech ecosystem as finance teams look to artificial intelligence to reduce manual bookkeeping and accelerate the month end close process.
Ramp, a financial operations platform, announced the launch of Accounting Agent, a specialized AI agent designed to automate the most manual aspects of bookkeeping. The Ramp Accounting Agent reviews and auto codes transactions in real time, surfacing only items that require human oversight.
Despite years of automation efforts, just 2 percent of teams say AI or advanced automation is their primary method for coding and posting transactions. Many accounting systems still rely on rule based workflows, confirmation clicks, and detailed line by line reviews. These processes often leave transactions unreviewed until month end, increase the likelihood of errors, and contribute to burnout among accounting professionals, particularly amid ongoing talent shortages.
Ramp’s Accounting Agent is trained on millions of transactions and adapts to each company’s specific coding patterns. It learns continuously from feedback and corrections, determining how to code each transaction, whether it is ready for ERP synchronization, and when human review is necessary. According to Ramp, finance teams using the tool deliver clean books three times faster on average and save more than 40 hours per month through reduced manual review and transaction coding.
“Rule-based automation didn’t eliminate manual accounting it just made it slightly faster to click ‘agree.’ We built Accounting Agent to remove that layer entirely,” said Geoff Charles, Ramp’s CPO. “It autocodes spend, reviews activity in real time, and automates close tasks. Companies are saving dozens of hours a month so they can focus on strategy and results, not spreadsheets.”
The Ramp Accounting Agent applies AI coding across general ledger fields, departments, classes, locations, and custom fields, and can code invoices at the item level. It conducts smart reviews of policy adherence, accuracy, and completeness across all spend, recommending actions such as reviewing GL accounts or marking transactions ready for sync. Routine, low risk transactions can be automatically approved and synchronized with accounting systems, complete with audit logs aligned to internal controls. The system also automates accrual creation and reversal at month end and reconciles activity directly against supported ERP platforms.
Customers report significant operational gains. Lauren Feeney, Controller at Perplexity, said, “Velocity is core to Perplexity’s brand. Ramp’s Accounting Agent gives us both speed and accuracywe’re not choosing between moving quickly or getting it right. The AI handles routine coding in real time and keeps our books audit-ready, so we close faster every month without the scramble.”
Jim Romano, CFO at Stateside Brands, added, “The Accounting Agent is starting to pick up subtle patterns like when spend belongs in samples instead of travel and entertainment. It’s learning how we actually operate. Once we automate marking transactions as ready, that’s hundreds of daily reviews gone overnight. I want my team focused on the exceptions not the easy stuff.”
Neusha Sayadian, Fractional CFO at Valence, said, “Ramp’s AI accounting has completely changed how we operate. What used to take hours of manual review now happens automatically. I’m spending 90% of my time on strategy and growing the business, not in the weeds of transaction review.”
Available to Ramp Plus customers, the Ramp Accounting Agent extends the company’s broader AI capabilities for controllers and accounts payable teams. As finance organizations prioritize real time visibility and operational efficiency, the Ramp Accounting Agent positions AI driven bookkeeping as a practical path toward faster, audit ready closes.
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