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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
Join Eric Glyman and Karim Atiyeh, co-founders of Ramp, a cutting-edge fintech company, as they share insights from their entrepreneurial journey. They discuss how AI is revolutionizing operations across teams, enhancing productivity from sales to marketing. The duo highlights innovative uses of AI, such as their creation of internal podcasts from customer interactions. They also dive into the challenge of balancing technology with creativity and the importance of adapting marketing strategies in this AI-driven landscape.
48:50
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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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Discover
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