Ramp Launches AI Accounts Receivable Tools for U.S. Businesses

Ramp launched an accounts receivable product on Sept. 22, expanding its finance platform beyond managing company spending. The tool automates parts of the process between signing a deal and collecting payment, Ramp said.

The software can turn contract details into draft invoices, prepare collection emails using customer information and company policies, and match incoming payments to invoices. It can also generate revenue recognition schedules, according to the launch announcement.

The initial release is limited to U.S. businesses with one entity that use QuickBooks Online or NetSuite. Ramp said it plans to add more enterprise resource planning integrations, which link accounting and business operations.

The launch arrives as finance leaders focus on freeing up cash already tied to their businesses. FTI Consulting’s 2026 Global CFO Survey found 89% of CFOs are scaling working-capital efforts and 90% are deploying software to speed invoicing and payment processing.

Late payments add pressure. Atradius’ 2026 North American survey found seven in 10 businesses face late customer payments, while overdue invoices average 23% of business-to-business receivables.

Ramp’s pitch is that linking contract, billing and bank data can reduce manual entry and help finance teams see which invoices remain unpaid. But automating follow-ups cannot ensure customers have the cash or willingness to pay on time. This is a workflow tool, not a source of short-term financing.

The product extends Ramp’s existing role in business finance from tracking money going out to managing money coming in. Its early reach will depend on whether companies using other accounting systems can connect them, and whether finance teams adopt the automated drafts and matching in daily work.