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Training Data

Ramp CEO Eric Glyman: Using AI to Build “Self-Driving Money”

Dec 3, 2024
Eric Glyman, Co-founder and CEO of Ramp, shares his vision on transforming finance management with AI. He challenges the chatbot trend and advocates for 'zero-touch' automation—what he calls 'self-driving money'—to reduce tedious tasks. Glyman discusses how AI can operate invisibly for companies, unlocking time for meaningful work. He also emphasizes the need for a strong product culture and the evolving role of finance leaders in this tech-driven landscape. His insights reflect a groundbreaking approach to simplifying financial processes.
38:48

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Quick takeaways

  • Empathy in product development is vital, requiring builders to deeply understand customer workflows for enhanced automation and efficiency.
  • Ramp's vision of 'self-driving money' emphasizes zero-touch automation, shifting finance teams from manual tasks to strategic decision-making roles.

Deep dives

The Importance of Empathy in Product Development

Empathy is crucial for developing great products, especially in understanding the customer's needs and pain points. Builders need to immerse themselves in the experiences of their users, often grasping the details of the workflow better than the users themselves. This deep understanding allows for the creation of highly designed products that can automate tasks and enhance efficiency. For companies like Ramp, this means engineers are regularly in touch with customers to remain accountable for product metrics and performance.

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