Ramp automatically verifies that receipts submitted match the corresponding transaction. This helps finance teams save time by not having to verify each receipt manually.
Ramp checks the receipt against the transaction and compares the following fields with each other:
- The amount
- The date
- The merchant
If 2 out of 3 of these checks pass, Ramp will label a receipt as "Auto-Verified" (green icon)
When a receipt is submitted but does not pass Ramp verification, it will be in a grey icon.