THE PROBLEM

Absence of Straight Through Processing

To date, no ERP or AP automation provider offers solutions where invoices go directly from a source like emails to GL without human effort.

THE SOLUTION

Invoice Processing Co-pilot

Hyperbots Invoice Processing Co-pilot automates the entire invoice lifecycle with 80% straight-through processing (STP). It uses foundational AI agents for tasks like invoice discovery, fields extraction, validation, matching, GL coding and GL posting - significantly reducing manual effort and enhancing accuracy.

VALUE PROPOSITION

80%

Invoice processing cost

AI achieves up to 80% straight-through processing of invoices, freeing up staff bandwidth by 80%. Retained staff is empowered by our Co-pilot with pin-pointed reasons to  take quick decisions on business exceptions reported.

<1 min

Invoice processing time

Co-pilot reduces invoice processing time from an industry average of 11 days to less than one minute due to STP achieved through AI.

Human errors

Vendor satisfaction

Duplication & frauds

Auditability

THE PROBLEM

Absence of AI led Automations in Accruals

A solution where expenses for accruals are identified, booked and reversed automatically with no or negligible human touch, does not exist in industry.

THE SOLUTION

Accruals Co-Pilot

Hyperbots Accruals Co-pilot automates accrual identification, booking, and reversal processes with high configurability and accuracy, ensuring timely and compliant financial reporting while reducing manual effort and errors.

VALUE PROPOSITION

80%

Accrual processing cost

Co-pilot reports all accrued expenses using AI eliminating need on manual accruals completely

<5%

Variance in accured Vs actual costs

Co-pilot identifies all expenses comprehensively for all type of scenarios through data using AI.

Human Errors

Accrual reversal

Month end closing pressure

Auditability

THE PROBLEM

Absence of AI led Automations in Procurement

No solution currently exists that automatically converts contracts into purchase requisitions, generates and dispatches purchase orders to vendors without human intervention, except when necessary.

THE SOLUTION

Procurement Co-Pilot

Hyperbots PR/PO Co-pilot automates purchase requisition and order processes, including PR creation, approval workflows, and PO dispatch, ensuring efficiency, compliance, and seamless integration with ERP systems.

VALUE PROPOSITION

80%

PO creation & despatch time

Converts approved PR into PO automatically based on the company's templates. It can send POs automatically to vendors based on configurations.

5min

PR creation time

Co-pilot auto-fills most of the complex forms in ERPs and procurement systems by reducing the effort to 5 minutes

Auditability

Human Errors

Approvals

PO Closing & Other KPIs

THE PROBLEM

Absence of AI led Cash Out Flow Optimizations

An automation solution where payment timings are decided intelligently based on discounts, penalties, cost of capital and vendor criticality, does not exist in industry.  Accurate reconciliations between bank statements & invoices is still a big problem.

THE SOLUTION

Payments Co-Pilot

Hyperbots Payments Co-pilot automates payment processing with features like timing recommendations, approval workflows, and multi-method support (ACH, checks, wire transfers), ensuring secure, efficient, and compliant financial operations.

VALUE PROPOSITION

10%

Cash outflow

Co-pilot optimizes payment timings and methods, analyzing payment terms, discounts, penalties and, cost of capital

Vendor satisfaction

Vendors have higher satisfaction as they know real-time status of invoice processing and payments

Auditability

Human Errors

Approvals

Reconciliations & Other KPIs

THE PROBLEM

Absence of Automated Sales Tax Verification for Vendor Invoices

A solution where sales tax applied by vendors in invoices on line items is intelligently verified without human touch, does not exist.

THE SOLUTION

Tax Verification Co-Pilot

Hyperbots Sales Tax Verification Co-pilot automates tax validation for invoices, leveraging AI to ensure compliance with regional tax laws and eliminating errors, reducing manual effort and financial risks.

VALUE PROPOSITION

Sales tax compliance

Co-pilot verifies applicable sale tax for every invoice and line item automatically

Tax underpayment

Co-pilots acts as a preventive methods against over or under charged sale tax by vendors

Auditability

Human Errors

Reputation


THE PROBLEM

Absence of AI led Automation in Vendor Management

A solution where vendor identity like W-9 is verified automatically, vendors are empowered to share, upload and track their information, invoices, POs and payments in secured manner does not exist in industry

THE SOLUTION

Vendor Management Co-Pilot

Hyperbots Sales Tax Verification Co-pilot automates tax validation for invoices, leveraging AI to ensure compliance with regional tax laws and eliminating errors, reducing manual effort and financial risks.

VALUE PROPOSITION

Spend optimization due to vendor rationalization

Co-pilot helps in spend reduction by consolidating suppliers, enabling bulk discounts, reducing administrative costs and improving procurement efficiency

Vendor onboarding effort

AI-enabled automation in vendor information capture and W-9 form verification significantly reduces vendor onboarding time by streamlining data entry, ensuring compliance, and minimizing manual errors.

Realtime status update

A vendor portal benefits vendors by providing real-time visibility into purchase orders, invoice processing, and payment statuses, enhancing transparency and trust

OUR PLATFORM

Explore our Agentic AI Platform for Finance and Accounting

Readymade Integrations with Leading ERPs

Exhaustive integrations

The Hyperbots co-pilots provide exhaustive integration with ERPs, enabling read and write access for expenses, Chart of Accounts (COA), vendor master, item master, assets, and liabilities to power end-to-end AI-driven automation.

Real-time read and write

The Hyperbots co-pilots enable real-time read and write capabilities, ensuring instant data synchronization and seamless process execution across ERP systems.

On premise and cloud variants

The Hyperbots co-pilots integrate seamlessly with both on-premise and cloud ERP variants, ensuring secured and efficient data exchange across deployment models.

Exception and error-handling

The Hyperbots co-pilots ensure data integrity by verifying ERP postings with read-back checks, employing optimal retries for failures, and providing exception reporting for user resolution.

Integrations with company specific ERPs

The Hyperbots co-pilots adapt seamlessly to company-specific ERP customizations, enabling read and write access to custom fields through a configuration-driven integration framework.

Oracle Netsuite

Hyperbots' Oracle NetSuite Connector enables seamless integration for real-time read and write of financial data, such as invoices, POs, GL codes, and vendor information. This pre-built connector ensures rapid deployment, high accuracy, and secure data synchronization across processes.

QuickBooks Desktop

Hyperbots' QuickBooks Connector integrates seamlessly with QuickBooks Online and Desktop, enabling automated read and write of invoices, expenses, GL codes, and vendor records. This ensures streamlined financial workflows, enhanced accuracy, and real-time data synchronization tailored for QuickBooks users.

Hyperbots' QuickBooks Connector integrates seamlessly with QuickBooks Online and Desktop, enabling automated read and write of invoices, expenses, GL codes, and vendor records. This ensures streamlined financial workflows, enhanced accuracy, and real-time data synchronization tailored for QuickBooks users.

Microsoft Business Central

Hyperbots' Microsoft Business Central Connector leverages proprietary APIs to seamlessly read and write financial data, including invoices, POs, vendor details, assets, liabilities, expenses, and revenues. This ensures efficient integration and real-time synchronization tailored to Business Central's architecture.

SAP S/4 Hana

Hyperbots' SAP S/4HANA Connector leverages SAP’s proprietary APIs and BAPIs to seamlessly integrate with core modules, enabling real-time read and write of invoices, POs, vendor records, GL codes, and asset data. This ensures precise alignment with SAP S/4HANA’s data structures and workflows for optimized financial operations.

Sage 300

Hyperbots' Sage 300 Connector utilizes Sage's proprietary APIs to seamlessly read and write data, including invoices, POs, vendor details, GL accounts, and item masters. This integration ensures smooth synchronization with Sage 300’s modular architecture, streamlining financial workflows and business operations for mid-sized enterprises.

Deltek Costpoint

Hyperbots' Deltek Costpoint Connector overcomes integration challenges by leveraging Web Integration Console (WIC) and developing custom APIs on top of it. This approach enables seamless read and write operations for invoices, POs, vendor details, GL accounts, and other financial data, ensuring efficient synchronization with Deltek Costpoint's unique architecture.

Others

Hyperbots offers flexible synchronization options with multiple ERPs, allowing data to be synced in real-time, hourly, daily, or weekly, depending on the organization's requirements. Get up and running on Hyperbots in 3-4 weeks with the Hyperbots Connector to your specific ERP

Designed by CFOs for CFOs

We worked with several CFOs to solve the right problems.

Hear what they have to say!

Designed by CFOs for CFOs

We worked with several CFOs to solve the right problems.

Hear what they have to say!

Ready to take the next steps?

Book a demo with one of our Financial Technology Consultants to get started!