Eric Glyman, co-founder and CEO of corporate finance platform Ramp, explains how Ramp uses aggregated spend and invoice data across its customer base to offer price benchmarking.
“Today ramp is the only place where you cannot just spend money on a vendor, but we can tell you if we're, if you're paying too much.”
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More from Eric Glyman
AssertionNot checkable as stated
Glyman: Ramp's corporate credit losses are lower than Amex's historical rates
“The corporate, if you look at Amex's disclosures you know, historically, they lose .1% you know, to .2% per year, and we're below that I would argue I think below.”
Eric GlymanAug 1, 2024▶ 21:41AI at Ramp: Making Every Team Radically More Productive | Eric Glyman, CEO, Ramp
AssertionNot checkable as stated
Glyman: Ramp SDRs book 3 to 4 times more meetings than competitors
“The average SDR sales development representative at RAMP we believe books three to four times as many meetings as their next closest competitor.”
Eric GlymanAug 1, 2024▶ 25:28AI at Ramp: Making Every Team Radically More Productive | Eric Glyman, CEO, Ramp
Opinion
Glyman: Silicon Valley workers are mercenaries averaging 12-14 month tenures
“It's not like being in the valley where people are mercenaries. You know, I think the average career tenure is, you know, 1214 months.”
Eric GlymanAug 1, 2024▶ 47:07AI at Ramp: Making Every Team Radically More Productive | Eric Glyman, CEO, Ramp
Insight
Glyman: AI human augmentation is currently more valuable than full automation
“People tend to jump right to full automation when really what is incredibly valuable in the short run is augmentation of people on, on aspects of what they do.”
Eric GlymanAug 1, 2024▶ 27:14AI at Ramp: Making Every Team Radically More Productive | Eric Glyman, CEO, Ramp
Insight
Glyman: Customers do not want to chat with their bank accounts
“We'd never met a single person who's like, I just wish I could chat with my bank account.”
Eric GlymanAug 1, 2024▶ 33:56AI at Ramp: Making Every Team Radically More Productive | Eric Glyman, CEO, Ramp
Disclosure
Glyman: Ramp's experimental AI agent achieves 60% to 90% task accuracy
“I think right now, and the agent probably works for you know, depending on the nature of the task 60 to 90% of the task of when it's controlled and inside of the RAMP experience. Obviously, when you're dealing with financial products, it's not high enough to g…”
Eric GlymanAug 1, 2024▶ 37:27AI at Ramp: Making Every Team Radically More Productive | Eric Glyman, CEO, Ramp
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