Notifying Stakeholders Across the Accrual Workflow
Supports automated alerts for accrual events, manual entries, approvals, and reversals, aligned with ERP systems and approval workflows.
Key Features
Configurable accrual discovery notifications
Sends alerts to the right teams when accruals are identified at the period close, based on your preset rules and configurations.
2-way matching notifications
Notifies stakeholders when POs and GRNs are matched, clearly highlighting both matches and any discrepancies that need attention.
Recurring expense estimation notifications
Keeps teams informed when recurring expense estimates are generated, helping them stay aware of upcoming liabilities.
Approval workflow notifications
Sends alerts to approvers when an accrual needs their attention, with direct links to review and approve in just a few clicks.
Unapproved invoice notifications
Notifies stakeholders when unapproved invoices enter the accrual process, so they’re aware of pending actions that may impact financials.
Manual accrual notifications
Keeps stakeholders updated when a manual accrual is created, edited, or approved, ensuring visibility into manually reported expenses.
Accrual booking notifications
Notifies stakeholders when accruals are successfully recorded in the ERP, including details of the posted entries for clear tracking.
Reversal notifications
Alerts stakeholders when an accrual is reversed, automatically or manually, with clear details on the reversal and its context.
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: Notifications
What types of notifications does the Hyperbots Accruals Co-Pilot send?
The Co-Pilot sends notifications for accrual discovery, 2-way matching results, recurring expense estimations, approvals, manual accruals, booking confirmations, and reversals, keeping stakeholders informed at every stage.
Are the notifications actionable or just informative?
Notifications can be both informative and actionable. Actionable notifications include direct links to relevant application screens, enabling stakeholders to review, approve, or address tasks promptly.
How does the Co-Pilot handle notifications for manual accruals?
The Co-Pilot sends notifications when manual accruals are created, updated, or approved, ensuring stakeholders are aware of manually reported expenses and any actions required.
Can notifications be customized for specific stakeholders or processes?
Yes. Notifications are configurable based on stakeholder roles, departments, or business units, ensuring that only relevant users receive updates and actionable alerts tailored to their responsibilities.
How do notifications improve the efficiency of the accruals process?
Real-time notifications keep stakeholders informed and engaged, reducing delays in approvals, addressing mismatches, and ensuring accurate and timely posting and reversal of accruals.
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!