Configuring Accruals Reversals

Hyperbots accrual co-pilot allows flexible configurations for reversing accrued expenses at the start of the next month or in real-time upon invoice processing.

Key Features

Beginning of next month reversals

Accrued expenses are reversed at the start of the following month, aligning with standard accounting practices for monthly financial reporting.

Real-time reversals

Accruals are automatically reversed as soon as the corresponding invoice is processed, ensuring up-to-date expense tracking.

80%

Accrual processing cost

Co-pilot reports all accrued expenses using AI eliminating the need for 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

VALUE PROPOSITION

Why Hyperbots 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.

Why Hyperbots Agentic AI Platform?

Why choose hyperbots agentic AI: finance-first, accurate, adaptable AI

Finance specific

Best-in-class accuracy

Synthesis of unstructured and strutured finance data

Pre-trained agents with state of the art models

Company specific inference time learning

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!