Ramp Launches Accounts Receivable Tool to Automate Invoicing and Collections
What happened
Ramp announced Ramp Accounts Receivable on September 22, 2026. The tool is designed to automate invoicing and payment collections for corporate clients. Ramp Accounts Receivable uses AI to convert contracts into invoices, prepare follow-ups, and match payments to financial records.
From pymnts.com
Why it matters
The company argues that this automates the full invoice-to-cash workflow, addressing manual work and delays in finance teams. This is relevant as Federal Reserve information shows 56% of small businesses find paying operating expenses difficult and 51% struggle with uneven cash flow. PYMNTS Intelligence research indicates that one-third of small and medium-sized businesses still rely on manual processes.
From pymnts.com
Who's involved
- RampAmerican financial technology company that introduced the automated invoicing and payment collection tool
Keep exploring
The entities involved
-
Ramp
American financial technology company
Nothing else this week.