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Box (BOX.N) is launching ​a service built for artificial intelligence to ‌expedite tedious work like processing invoices and pulling key data from corporate documents, CEO Aaron ​Levie told Reuters on Monday.

In an ​interview at Reuters’ Momentum AI summit in ⁠New York, Levie said the company ​would launch the service, called Box Automate, within ​24 hours. It builds on other AI programs that Box developed to put enterprises’ vast and ​disorganized data to use.

Box Automate lets a ​customer specify how AI agents - programs that perform tasks ‌with ⁠minimal direction - can plug in to business processes and handle unstructured data like invoices. The software can have an AI agent ​process 10 million ​invoices ⁠and pull crucial data from "every one of those invoices," Levie said. ​The company is hopeful that the ​software ⁠will upsell customers to Box's Enterprise Advanced plan, which lets them build agents powering ⁠this ​automation.


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