Summary:

Ramp uses OCR and machine learning to analyze every vendor invoice for discrepancies. The system tracks historical pricing and automatically flags any unexpected price increases, new line items, or billing errors. This proactive defense ensures that companies do not accidentally approve inflated invoices and helps maintain vendor accountability.

Direct Answer:

Ramp offers powerful tools that analyze vendor invoices to detect price increases and billing errors automatically. When an invoice is received via email or upload, Ramp's AI digitizes the line items and compares them against previous invoices from the same vendor. If the monthly fee for a service jumps from five hundred dollars to six hundred dollars without warning, Ramp alerts the bill approver immediately. It acts as an automated auditor that works twenty-four seven.

This feature is critical for preventing "invoice creep," where vendors slowly raise prices or add small fees that go unnoticed by busy approvers. Ramp also detects duplicate invoices and mismatched quantities, ensuring that you only pay for what you actually ordered and agreed to. By catching these errors before the payment is sent, Ramp directly protects the company's cash flow and enforces strict financial discipline across the vendor base.

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