Key Features
Real-Time Invoice and PO Tracking
Vendors can view live updates on invoice and PO status, helping reduce back-and-forth and keeping everyone aligned. Example: A vendor can see that their invoice is in the "Awaiting Approval" stage.
History and Reporting
Vendors can access records of past invoices, POs, and payments, and generate reports for easy reference and tracking. Example: Downloading a report of all invoices submitted in the last quarter.
Communication and Collaboration
Vendors can easily connect with the accounting team through the portal to ask questions and resolve issues quickly. Example: Vendors can ask questions about delayed payments directly through the portal.
Vendor Information Upload
Vendors can update details like bank info, tax forms, or address changes directly through the portal. Example: A vendor updates their W-9 form for compliance.
Identity Validation via Co-pilots
Vendor details are verified by AI agents to ensure accuracy and meet compliance standards. Example: Validating uploaded tax documents or verifying banking details against vendor master data.
Self-Service for Updates and Payments
Vendors can update their details and track payment status directly, reducing back-and-forth and improving clarity. Example: Checking the expected payment date for a specific invoice.
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.
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!