# Ramp Launches AR Tool to Automate Payments

> Ramp's new AR tool cuts payment chasing for finance teams
- Title: Ramp Launches AR Tool to Automate Payments · Pymnts | Shortify
- Summary: Ramp's new AR tool cuts payment chasing for finance teams Ramp's AI automates invoicing and payment tracking to help businesses get paid faster
- Keywords: ramp, accounts receivable, finance teams, corporate clients, payment speed, small businesses, federal reserve, b2b payments, business, finance, Launches, Tool
- Source: Pymnts — https://pymnts.com/back-office/accounts-receivable/2026/ramp-debuts-ar-tool-to-keep-finance-teams-from-chasing-payments
- Author: PYMNTS
- Published: 2026-09-22T18:58:39+00:00
- Read time: 1 min
- Topics: ramp, accounts receivable, finance teams, corporate clients, ai, payment speed, small businesses, federal reserve, b2b payments, uk, business, finance
## Ramp's AR Tool Launch
Ramp introduced Accounts Receivable to automate invoicing and payment collections for corporate clients

> Finance teams today spend too much time chasing payments for outstanding invoices
## AI Powers Invoicing
Ramp's AI turns contracts into ready-to-review invoices and matches payments to books
## Payment Delays Hurt Small Businesses
56% of small businesses say paying expenses is difficult and 51% struggle with uneven cash flow
## Manual AR Processes Persist
One-third of SMBs still use manual accounts receivable processes despite payment speed issues
## UK Expansion Focus
Ramp opens corporate cards and expense management to UK businesses for faster payments
## Key takeaway

Ramp's AI automates invoicing and payment tracking to help businesses get paid faster