Travel data analyst PredictX has launched a new AI agent workspace to automate travel and expense reporting and provide &conversational* analysis.
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Known as Cogent, the AI agents ※work like full-time equivalents, integrated within the travel manager's team§, the company said, supporting and performing tasks related to sourcing, risk management and auditing.
The agents use natural language processing to respond to questions involving industry jargon and can be trained to autonomously scan live spend, contract and policy data to identify savings opportunities, according to PredictX.
※Cogent isn*t designed to replace travel buyers; it is designed to help them become more effective in their role and elevate their standing within their organisation. It empowers them to move far beyond simple reporting and achieve true autonomous programme optimisation,§ said PredictX CEO Keesup Choe.
※We have already gone live with Cogent for one of our large enterprise customers 每 a leading global pharmaceutical company 每 and have other clients in the pipeline,§ he added.
Cogent is integrated within the PredictX Platform, which ingests travel and expense data from more than 200 pre-built connectors, the company said. This includes connections to TMCs, expense systems, credit cards, OBTs, suppliers, GDS and HR systems.