Fireside Chat, Interview, Product Demonstration
How Is AI Changing the CFO Office? | RAMP x DFCG | RAISE Summit 2026
- Company & Leadership: Jakob Wallenberg, representing RAMP, a finance automation platform founded seven years ago, is leading the company's expansion from the US to Europe.
- Market Position: RAMP currently serves approximately 70,000 customers in the U.S., ranging from small potato farms to major enterprises like Visa and Uber.
- Expansion Timeline: RAMP is scheduled to launch its services in the UK later this summer, with broader European rollout to follow immediately after.
- Product Portfolio: The platform includes a corporate card (Visa network), expense reimbursements, procurement software, a travel portal, and banking-like products.
- AI Native Capabilities:
- Stack: A newly launched (one month ago) automatic agent designed specifically to close books for accountants, described as highly "AI native."
- Policy Agent: Utilizes Large Language Models (LLMs) to evaluate expenses against written policies in English or French.
- Token Spend Management: A forthcoming general availability feature allowing CFOs and CIOs to track which models are used, by whom, and where capital is deployed.
- Strategic Focus: RAMP aims to shift the conversation from "blank checks" to model providers by enabling detailed visibility into AI spending and resource allocation.
- Target Audience: Engagement targets both CFOs (for efficiency and budget control) and CIOs/CTOs (for technical usage and model deployment oversight).
- Implementation Strategy: While most customers start with the corporate card and expense management module, over 50% adopt at least two products and one-third use three or more.
- Deployment Speed: Onboarding and initial results can be achieved within one to two weeks, depending on company size and specific product line selected.
- ERP Integration: RAMP positions itself as a "system of action" rather than a replacement for ERPs, maintaining strong integrations with NetSuite, QuickBooks, Xero, Real, and Campfire to sync with the "system of record."
- Competitive Differentiation:
- Experience scaling for large, global enterprises (e.g., Uber, Stripe, Eleven Labs, Cognition).
- Advanced fraud prevention capabilities via receipt extraction and policy compliance.
- Deep software functionality paired with payments, distinguishing it from providers focused solely on transaction processing.
- Data Sovereignty & Compliance: RAMP holds licenses in Sweden and the UK to ensure regulatory compliance, with data storage capabilities tailored to regional customer preferences and sovereignty requirements.
- Customer Feedback: Switching from legacy providers to RAMP is reported by users to offer a "difficult to overstate" improvement in employee experience.