Eric Glyman

Founder of Ramp, a corporate finance automation platform.

Claims

As speaker

Mentioned in

Key positions and views

AI will fundamentally restructure corporate expenses, causing a major shift in spending away from payroll and towards software and services, which could grow to double-digit percentages of a company's P&L.

Ramp's business model is rapidly evolving from a corporate card provider to a comprehensive financial automation platform, with non-card services like bill pay, software, and treasury expected to become the majority of the business.

Data-driven, automated expense management is a primary lever for corporate efficiency, with AI agents achieving superhuman accuracy and platforms like Ramp saving the average customer around 5% annually.

Real-world data from fintech platforms provides a more accurate and timely picture of economic trends, such as AI adoption, than traditional government surveys.

The modern fintech industry, particularly in risk management, owes a significant talent and strategy debt to Capital One's pioneering 'Information-Based Strategy' from the 1990s.

Podcast consensus on Glyman

Points of consensus

▶Glyman consistently emphasizes Ramp's rapid growth and strategic diversification, highlighting that its software and Treasury products, launched around 2022 and 2023 respectively, have quickly become major business lines generating hundreds of millions in revenue and holding billions in deposits.May 2026

▶A core, recurring point is the successful integration of AI into Ramp's platform and operations, which he claims processes over 100,000 expenses daily with greater than 99% accuracy, surpassing human capabilities.May 2026

▶He repeatedly asserts that Ramp's platform delivers tangible cost savings to customers, citing an average expense reduction of 5% annually through features like SaaS price benchmarking and granular card controls.May 2026

▶Glyman frequently references the history and influence of Capital One, framing its data-driven strategy and its role as a training ground for fintech risk professionals as foundational to the modern financial technology industry.May 2026

Points of debate

▶Glyman presents a view of widespread AI adoption, citing Ramp's internal data from 55,000 businesses to show a majority use AI, which directly contradicts official US Census Bureau surveys reporting only single-digit percentage adoption.

▶He describes a significant strategic pivot for Ramp, predicting that non-card business lines will constitute the majority of the business by the end of the current year, a stark contrast to the recent past where cards comprised over 90% of the business.May 2026

▶Glyman speculates on a future where AI fundamentally inverts the corporate P&L, with payroll's share of expenses shrinking while software's share grows to double-digit percentages, challenging the traditional labor-centric view of business costs.May 2026

▶He presents an optimistic view of the US economy, noting a recent re-acceleration of GDP growth into the 4-5% range, which contrasts with the 1-2% range seen previously.May 2026

Key themes

▶AI-Driven Financial Automation

Glyman details how Ramp uses AI agents to automate core financial operations like expense review, achieving superhuman accuracy and processing massive volume. He sees this as the future of corporate finance, reducing manual work and improving policy compliance.

This focus on practical, high-ROI AI implementation positions Ramp not just as a fintech but as an applied AI company, which could attract a different class of investors and talent focused on operational efficiency.

▶The Diversification of a Fintech UnicornMay 2026

Glyman emphasizes Ramp's evolution from a corporate card company to a multi-product financial platform. He highlights the rapid growth of its software and Treasury business lines, predicting they will soon eclipse the original card business in revenue contribution.

This strategic pivot signals a move towards a more defensible, higher-margin business model, reducing reliance on interchange fees and increasing customer stickiness through a deeply integrated financial operating system.

▶Data as a Strategic AssetMay 2026

Glyman explains that Ramp leverages its aggregated purchasing data to provide customers with market intelligence, such as benchmarking SaaS vendor pricing. This transforms transaction data from a simple record into a tool for strategic cost savings.

Glyman's vision treats financial data not just for reporting, but as a proprietary dataset that can be productized to create a competitive moat and deliver unique value beyond the core financial service.

▶The Future of Work and Corporate SpendingMay 2026

Glyman speculates on the macroeconomic shifts driven by AI, predicting a fundamental change in corporate P&Ls where software spending will grow to double-digit percentages while payroll's share shrinks. He also envisions a new software development paradigm where developers define outcomes and AI handles the implementation.

This long-term vision suggests Glyman is building Ramp not just for the current business environment but for a future where capital allocation and value creation are radically different, positioning the company to facilitate that transition.

Source episodes

Sentiment over time

Not enough data for timeline

Changes over time

1980s-1994

Glyman recounts the history of Capital One, originating as a project at Signet Bank and spinning out in 1994, establishing the 'Information-Based Strategy' that would later influence the fintech industry.

2019

Ramp is founded, as mentioned in the context of its rapid growth to $1 billion in revenue within approximately six years.

~2022

Ramp launches its software business line, which Glyman states is approximately two years old and now generates over $100 million in annual revenue.

~2023

Ramp launches its Treasury product, which Glyman notes is about a year old and has already accumulated several billion dollars in customer deposits.

Present

Glyman describes Ramp as having surpassed $1 billion in annual revenue, processing over 2% of all US corporate card volume, and being in the midst of a strategic shift where non-card business is expected to become the majority.

Suggested prompts

How does Eric Glyman's strategy of diversifying Ramp's revenue streams away from interchange fees mitigate risks associated with regulatory changes or economic downturns? &nearr;What are the competitive advantages and potential vulnerabilities of Ramp's reliance on AI agents for core processes like expense review, especially concerning model accuracy and data privacy? &nearr;Glyman contrasts Ramp's data on AI adoption with official US Census Bureau statistics. What are the implications if Glyman's data is more representative of the true state of AI adoption among high-growth businesses? &nearr;How does Glyman's vision for an outcome-based software development paradigm, driven by LLMs, align with Ramp's internal engineering culture and product roadmap? &nearr;

Key concepts

Ramp Business Performance 1 ep AI in Business & Finance 1 ep Corporate Expense Management 1 ep Fintech Industry History 1 ep Macroeconomic Views 1 ep Future of Software Development 1 ep Ramp Company Culture 1 ep SaaS Vendor Management 1 ep

Notable quotes

“I think by the time we were six years and change, the company had passed over a billion a year in revenue.”

Eric Glyman · Ramp founder Eric Glyman on the many ways AI is changing corporate spending

“A few years ago, it would have been 90 plus percent card. I think by the end of this year, the second, third, fourth, fifth lines of business will comprise in aggregate the majority of Ramp's business.”

Eric Glyman · Ramp founder Eric Glyman on the many ways AI is changing corporate spending

“I think that we're processing over 100,000 expenses a day that are being reviewed agentically. ... And today it's over 99% accurate, which turns out it's much more accurate than people are.”

Eric Glyman · Ramp founder Eric Glyman on the many ways AI is changing corporate spending

“if you x-rayed the P&L of most companies, the majority of it classically at least for asset-like firms is payroll... Does that suddenly that share grow to high single digits, low double digits, significant double digits?”

Eric Glyman · Ramp founder Eric Glyman on the many ways AI is changing corporate spending

Report last updated: May 21, 2026

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