Accrual Approval Workflows with Agentic AI
Enables flexible, policy-based approvals tailored to organizational structures, supporting accurate accruals and finance automation.
Key Features
Department-Level Customization
Supports distinct approval flows and authority levels for each department, adapting to different organizational needs within the same workflow.
Dynamic approval levels and thresholds
Supports multi-level approval flows, with custom thresholds set for each level.
Organizational or Predefined Workflow Paths
Workflows can follow the org chart or use predefined paths with assigned roles or individuals
Exception-based approvals
Invoices with special conditions or high amounts are automatically routed to senior approvers.
Out-of-workflow assignments
Allows invoices to be temporarily routed outside standard workflows for clarifications or interim approvals.
Role-based flexibility
Approval roles and responsibilities can be fully customized to match business needs and team structures.
Scalable and adaptable workflows
Easily adjusts to new departments, roles, or approval structures, supporting growth and change without disrupting processes.
KEY BENEFITS
Accruals Co-Pilot automates detection, posting, and reversal, wiping out month-end busywork; machine learning sharpens forecasts and audit trails; policy-aware configuration snaps into any ERP—cutting errors, risk, and workload in one stroke.
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
Why Hyperbots Agentic AI Platform?
Finance specific
Hyperbots Agentic AI platform specializes exclusively in finance and accounting intelligence, leveraging millions of data points from invoices, statements, contracts, and other financial documents. No other platform has such large pretrained models on F&A data.
Best-in-class accuracy
Hyperbots achieves 99.8% accuracy in converting unstructured data to structured fields through a multimodal MOE model integrating LLMs, VLMs, and layout models. With contextual validation and augmentations, the platform ensures 100% accuracy for deployed agents.
Synthesis of unstructured and strutured finance data
Hyperbots agents emulate finance professionals to autonomously perform F&A tasks by reading and writing data like COA, expenses, and vendor masters from core accounting systems and integrating it with unstructured data from financial documents such as invoices, POs, and contracts.
Pre-trained agents with state of the art models
Hyperbots' Agentic platform, pre-trained on millions of financial documents like invoices, bills, statements, and contracts, ensures seamless integration, high accuracy, and adaptability to any accounting content, form, layout, or size from day one.
Company specific inference time learning
Hyperbots' Agentic platform employs state-of-the-art Auto ML pipelines with techniques like reinforcement learning to enable inference-time learning for tasks such as GL recommendation and cash outflow forecasting, ensuring continuous improvement and adaptability.
FAQs: Flexible Workflow
How does Hyperbots Accruals Co-Pilot handle workflows for different business units or categories?
The Accruals Co-Pilot allows organizations to define unique workflows for each business unit or category, ensuring accrual approvals are tailored to specific operational and financial structures.
Can departments within the same workflow have customized approval flows for accruals?
Yes. The Co-Pilot supports department-level customization, enabling distinct approval hierarchies and authority metrics for accruals within each department, even under the same overarching workflow.
How does the Accruals Co-Pilot manage varying approval thresholds for different accrual amounts?paths? Copy
It provides dynamic approval levels with configurable thresholds. For instance, smaller accruals can be approved by managers, while larger ones are escalated to directors or senior leaders.
Can the Accruals Co-Pilot align workflows with organizational hierarchies or predefined paths?
Absolutely. Accrual workflows can follow the organizational hierarchy or be configured to predefined paths, ensuring alignment with internal approval processes.
How are exceptions, such as high-value or unusual accruals, handled in the Co-Pilot?
The Co-Pilot enables exception-based approvals, automatically routing high-value or out-of-norm accruals to senior leadership like CFOs or finance heads for further review.
What happens if an accrual needs to be routed outside the standard workflow?
The Co-Pilot supports out-of-workflow assignments, allowing users to redirect accruals to other approvers for clarifications or interim approvals without disrupting the main workflow.
Can the Accruals Co-Pilot scale with organizational changes, such as adding new departments or updating roles?
Yes. The Co-Pilot’s scalable design dynamically incorporates new units, roles, or hierarchies, ensuring that accrual workflows adapt seamlessly to organizational growth or restructuring.