The Agent is the third AI solution in the Medius family, following an AI chatbot for 24/7 support and Expensya AI technology for expense policy compliance. The company is inviting customers to apply for the early beta version of Agent, which is set to launch in 2024.
Key takeaways:
- Medius is planning to introduce the first AI-powered workmate for the Accounts Payable Automation (APA) industry, named Medius “Agent”. The AI is designed to assist in invoice approvals, provide proactive recommendations to optimize system settings, and interact with vendors in real-time.
- The AI technology is built on proprietary artificial intelligence learned from $200 billion of annual transactions and can provide AP teams with complete time zone coverage across 365 days a year in all major languages.
- Agent can be integrated into Medius Accounts Payable and works seamlessly with Medius Fraud and Risk Detection. It can accurately identify anomalous and irregular email signatures, email domains, and server address to reduce human error and combat fraudulent invoices.
- Medius is inviting innovative customers to apply for the early beta version of Agent ahead of the launch in 2024. This is the third AI solution in the Medius family, following an AI chatbot and Expensya AI technology.