Case Study: Ramp achieves 80% faster expense admin with Taggun OCR

Ramp cuts expense admin time by 80% with Taggun

Ramp, a financial technology company, faced significant challenges with traditional expense management. Their finance teams spent excessive hours on manual reconciliation and data entry, while employees struggled with lost receipts and companies lacked real-time spending visibility. To automate this process, Ramp partnered with vendor Taggun to utilize its specialized Optical Character Recognition (OCR) technology for receipts and invoices.

Taggun implemented its AI-powered OCR to accurately extract key data from receipt images, which was then automatically matched to card transactions. This solution reduced administrative time by 80% and accelerated the financial closing process by five times. The partnership with Taggun provided Ramp with a scalable system that improved accuracy, ensured policy compliance, and delivered substantial cost savings.

Ramp