# AI spend is up. Procurement is falling behind.

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Ramp

Most-read report

AI spend outgrew procurement's ability to manage it

Most AI adoption stats come from surveys. Ours come from actual transactions.

Ramp tracks over $100 billion in annual spend across 70,000 businesses. Here's what stood out in the Q2 Business Spending Report:

Paid AI adoption just crossed 50%, doubling since the start of the year

Most AI spend still bypasses procurement entirely, even as adoption rises across every sector

Companies investing most in AI have doubled their revenue since ChatGPT launched, while those with no AI spend grew 15%

AI-native vendors averaged 5+ percentage points of YoY adoption growth in sales execution and product analytics as incumbents lost ground

The report also covers where procurement is falling behind on AI spend, plus travel and freelance benchmarks.

Read the full report

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