Accruals Policy Configurations for Comprehensive Accruals Automation

Key Features

Configurable accrual policies

Allows companies to define accrual rules for various scenarios, such as goods received but not invoiced or services received but not invoiced.

Recurring expense accruals

Supports automated accruals for recurring expenses based on predefined schedules and policies.

Cut-off date accruals

Automates accruals for invoices pending on the cut-off date, ensuring accurate financial reporting.

Manual accrual options

Provides flexibility for accounting teams to manually create accruals when required.

Configurable accrual workflows

Enables customization of approval and review workflows for accrual processes to align with organizational needs.

GL code management

Handles company-specific accrual GL codes either through the GL recommender or configurable setups.

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.

Accruals before and after

Hyperbots Accruals Co-Pilot

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!