Accruals Cut-Off Scenarios

Hyperbots Accruals Co-pilot supports configurable cutoff scenarios, including month-end, start-of-month, weekly, and daily accruals, tailored to business needs.

Key Features

Month-end accruals

Configures accruals to be performed on the last day of the month for accurate monthly reporting.Example: A company accrues expenses for goods received but not invoiced on the 31st of each month.

Start-of-month accruals

Supports accruals at the beginning of the month for transactions from the previous month.Example: A services company accrues the previous month’s invoices on the 1st of the new month.

Weekly accruals

Handles accruals on a specific day of the week for industries with high inventory turnover.Example: A manufacturing firm accrues material costs every Friday for inventory received that week.

Daily accruals

Facilitates daily accruals for companies with rapid turnover of goods or raw materials.Example: A fast-moving consumer goods company accrues daily for raw material shipments.

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!