Field-Level Data Validation for Invoices
Agentic AI checks invoice fields against PO data, flags duplicates and inconsistencies, and helps reduce manual steps in the validation process.
Key Features
Automated Tax Verification
Automatically checks sales tax details in vendor invoices before they're added to the ERP, helping catch issues early. Example: Ensuring the tax amount on an invoice aligns with the applicable tax rate for the given origin and destination.
Line-Item-Level Precision
Checks sales tax on every line item to ensure each part of the invoice is accurate, even when items differ. Example: Calculating tax for "Item A" shipped to one state at 6% and "Item B" shipped to another state at 8%.
Collaboration with Other Co-pilots
Works together with the Sales Tax Co-pilot to streamline tasks like tax checks during invoice processing. Example: The Invoice Co-pilot flags a tax information, and the Sales Tax Co-pilot validates the tax details to ensure accuracy.
Tax Rules and Dictionaries
Applies the right tax rules based on location and item type, using built-in tax dictionaries for accurate checks. Example: Determining whether a medical device is taxable in a particular state based on local regulations.
Compliance and Error Avoidance
Improves accuracy in sales tax calculation, helping avoid mismatches, missed payments, or compliance concerns. Example: Preventing a scenario where tax is overcharged on exempt items or undercharged on taxable ones.
Improved Financial Accuracy
Validates sales tax before posting, helping maintain accurate records and smoother ERP reconciliation. Example: Posting only verified and accurate tax amounts into NetSuite or SAP, ensuring alignment with financial policies.
KEY BENEFITS
Achieve 80 % straight-through invoice processing as AI discovers, extracts, validates, matches, GL-codes, and posts to your ERP—shrinking manual effort, accelerating approvals, and boosting accuracy, compliance, and cost efficiency.
80%
Invoice processing cost
AI achieves up to 80% straight-through processing of invoices, freeing up staff bandwidth by 80%. Retained staff is empowered by Co-pilot with pin-pointed reasons to take quick decisions on business exceptions reported.
<1 min
Invoice processing time
Co-pilot reduces invoice processing time from an industry average of 11 days to less than one minute due to STP achieved through AI.
Human errors
Vendor satisfaction
Duplication & frauds
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.
