Ramp founder Eric Glyman on the many ways AI is changing corporate spending

Ramp's CEO Eric Glyman discusses the corporate card and finance automation platform's growth, business model, and vision. Ramp, now processing over a billion dollars annually, initially focused on spend cards but has expanded into bill payments, treasury, procurement, and travel. A key discussion point is balancing employee spending flexibility with financial control, with Ramp utilizing AI to analyze expense policies and ensure compliance. Glyman shares insights from Ramp's spend data, indicating a stronger-than-perceived US economy and rapid AI adoption among businesses. The conversation also explores the future of software engineering with AI assistance, the enduring value of proprietary data, and the potential for Ramp to aggregate demand for better vendor pricing.