Accounts payable · Production

Medius Statement Reconciliation uses AI to automate supplier invoice matching and AP inbox management

The problem

Manual reconciliation methods lack the accuracy needed to catch missing invoices, duplicate payments, and fraudulent activity, requiring heavy oversight and leaving AP teams exposed to overpayments and supplier relationship strain.

Workflow diagram · grounded in source
1
AI data extraction from statements
ai_action
“AI that automatically extracts the data you need from supplier statements and eliminates the need for manual checks and reviews”
2
Automatic invoice matching
ai_action
“AI to automatically match supplier statements and spot missing or mismatched invoices”
3
Full visibility into matched invoices
output
“Full visibility into matched and unmatched invoices”
4
In-workflow issue resolution
human_review
“When Statement Reconciliation finds an issue, you can quickly resolve it directly in the workflow. Comments and mentions are tracked with the supplier statement for reference.”
5
AI autonomous supplier communication
ai_action
“our AI agent for suppliers that autonomously classifies, retrieves context, and responds to vendor questions right in their inbox”
Reported outcome

Medius Supplier Conversations reduces AP inbox management from approximately 8 hours per week to 30 minutes, a roughly 94% reduction, while Statement Reconciliation delivers full visibility into matched and unmatched invoices.

Reported metrics
AP inbox management time (before)approximately 8 hours per week
AP inbox management time (after)30 minutes
Inbox management time reduction~94%
Reported stack
Medius Statement ReconciliationMedius Supplier Conversations
Source
https://www.medius.com/solutions/medius-accounts-payable-automation/statement-reconciliation
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Medius Supplier Conversations reduces AP inbox management from approximately 8 hours per week to 30 minutes, a roughly 94% reduction, while Statement Reconciliation delivers full visibility into matched and unmatched…

What tools did this team use?

Medius Statement Reconciliation, Medius Supplier Conversations.

What results were reported?

AP inbox management time (before): approximately 8 hours per week; AP inbox management time (after): 30 minutes; Inbox management time reduction: ~94% (source-reported, not independently verified).

How is this accounts payable AI workflow structured?

AI data extraction from statements → Automatic invoice matching → Full visibility into matched invoices → In-workflow issue resolution → AI autonomous supplier communication.

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