accounts_payable · workflow

Ramp's Accounting Agent automates transaction coding, accruals, and real-time ERP reconciliation

Accounting teams spend a full workday each month manually coding hundreds of transactions, while rules-based automation breaks on spend permutations it was never configured to handle — a hotel stay for a client dinner miscodes under a general travel rule — leaving teams chasing missing details at month-end close.

How it works
Common implementation structure
How this type of workflow is generally built, generalized across documented cases — not tied to any one vendor's stack. Click any stage to read what happens there. Specific products that implement these stages appear in “Tools commonly seen” below.
Stage 1 · Transaction triggers auto-coding
Every transaction is auto-coded the moment it happens.
Tools used
RampERP
Outcome

Teams using Ramp's Accounting Agent see 3.5x more transactions coded automatically compared to legacy tools, 98% accuracy on auto-synced transactions, 70% fewer corrections in the first month, and a 3x faster monthly close.

What failed first

Rules-based 'automation' tools failed because they could not anticipate every permutation of spend, breaking whenever a familiar vendor appeared in an unexpected context and forcing teams to keep rewriting rules and manually re-coding transactions.

Results
Time saved70% fewer
Volume3.5x more
Source

https://ramp.com/blog/accounting-agent-launch

How we source this →

Grounding & classification
Source type: platform led case
35 fields verified against source quotes, 2 dropped as unverifiable.
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