No Priors: Artificial Intelligence | Technology | Startups cover image

No Priors: Artificial Intelligence | Technology | Startups

How AI can help build smarter systems for every team with Eric Glyman and Karim Atiyeh of Ramp

Aug 15, 2024
48:50
Snipd AI
Eric Glyman and Karim Atiyeh, co-founders of one of the fastest-growing fintechs, dive into how their innovative platform, Ramp, utilizes AI to streamline operations across teams. They discuss the challenges of integrating AI in marketing while balancing creativity and technology. The duo reveals how AI enhances productivity in finance, allowing professionals to focus on strategic tasks. They also explore their unique approach of using AI-generated podcasts to capture customer insights, revolutionizing internal communication and feedback.
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Podcast summary created with Snipd AI

Quick takeaways

  • Ramp aims to simplify financial processes for businesses by analyzing spending habits and reducing unnecessary redundancies in expenses.
  • The company leverages AI technologies to automate financial operations, improving efficiency and allowing finance teams to focus on strategic tasks.

Deep dives

Origins and Evolution of RAM

RAM co-founders Eric and Kareem discuss the company's origins, starting from their previous venture, Paribus, which utilized AI to help consumers claim price drop refunds. They transitioned to RAM to focus on the business market, identifying that organizations sorely needed better oversight of their spending habits. Instead of leveraging traditional credit card incentives like points and cash back, RAM emphasizes cost reduction and efficiency by urging users to spend less outright. Today, RAM serves around 25,000 businesses by providing innovative solutions to simplify financial processes, aiming to create 'self-driving money' that automates necessary tasks without manual intervention.

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