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Alexander Hagerup
Co-Founder & CEO of Vic.ai
Alexander Hagerup is a serial tech entrepreneur and the CEO of Vic.ai, Inc., a company pioneering the use of artificial intelligence in accounting and finance processes.1 He is an official member of the Forbes Technology Council since March 2022.1
Background and Achievements
Hagerup has a strong passion for artificial intelligence and a background in finance and accounting.1 His entrepreneurial journey is impressive:
- Founded two technology companies before launching Vic.ai1
- His previous company was funded by Northzone Ventures and later acquired by NASDAQ-listed J2 Global Inc. in 20141
- Former board member of 24SevenOffice.com, the largest cloud accounting & ERP system in the Nordic region1
Current Role and Company
As the CEO and co-founder of Vic.ai, Hagerup leads a company that:
- Focuses on digitally transforming accounting and finance processes using autonomy and intelligence1
- Has processed over 535 million invoices with up to 99 percent accuracy1
- Helped 10,000+ customers achieve nearly $188 million in cost savings and 6 million hours in time savings1
Thought Leadership
Hagerup is an active contributor to discussions on AI, finance, and technology:
- Regularly publishes articles on the Forbes Technology Council platform1345
- Topics include AI adoption in finance, autonomous finance organizations, and change management in AI implementation345
- Participated in the Forbes Books Tech (e)Valuation podcast, sharing insights on his entrepreneurial journey and the potential of AI in finance2
Alexander Hagerup's LinkedIn username is alexanderhagerup, as mentioned in the query.
Highlights
June Product Release Update 🚀
Understanding our users’ needs drives us to improve Vic.ai continuously. This June, we’ve rolled out some key improvements that our customers have specifically asked for. These features are designed to further enhance the Vic.ai experience and streamline workflows
📊 PO Matching Summary Dashboard: With our PO Matching Summary Dashboard, you get an immediate overview of pending PO mismatch approvals every time you log in. This feature ensures that PO approvers can quickly see what they need to review, simplifying how you keep track of your purchase order matching.
🔄 Automated PO Re-Matching: We’ve all experienced receiving invoices where someone forgot to create the PO. When you create or sync a new purchase order, Vic.ai automagically matches the invoice to the PO for you, reducing errors and saving valuable time.
🌴 Approver Out of Office Mode: We know everyone needs a break, so we’ve introduced the Approver Out of Office Mode. Our new Approver Out of Office Mode lets you or an Admin set your out-of-office status, ensuring your approvals are automatically routed to a designated backup. Your workflow keeps running smoothly, even when you’re on vacation.
📝 Approver Line Item Level Edits Only: Focus and control are key, and now, you can allow approvers to make edits to only header, or only line items, or both. This refinement helps your approvers validate or input information while ensuring they don’t change what they shouldn’t.
🔍 Save Custom Filters in Bill Pay View: We’re all about personalization. Our new feature allows you to save custom filters in the Bill Pay view, making accessing the slice of data that matters most to you quicker and easier.
Every month, every week, every day, Vic.ai gets smarter and more efficient. We’re committed to making the world’s most innovative back-office software. We’re thrilled about these improvements and look forward to hearing how they enhance your workflows.
And for a broader perspective on AI, check out our new Summer of AI series, starting with July 18th's Forecasting the Future: Rise of the AI Accountant: https://lnkd.in/ernpPci2
Onwards and upwards!
