Automated Remittances

Hyperbots Payment Co-pilot creates remittance communication with customizable templates, multi-channel delivery, and real-time notifications.

Key Features

Automated remittance generation

Generates remittance advice for each payment, detailing invoices, payment amounts, and payment dates.

Multi-channel delivery

Supports creation of remittance advice through email, vendor portals, or direct API integrations, accommodating vendor preferences.

Customizable templates

Has ability to customize remittance templates to align with company branding or vendor-specific requirements.

Real-time notifications

Notifies vendors of payment processing with attached remittance advice, ensuring transparency and reducing follow-ups.

Error detection and resending

Identifies failed remittance deliveries and facilitates quick corrections and re-sending of notifications.

Audit trail for communication

Maintains a detailed record of all remittance communications, including timestamps, delivery methods, and vendor acknowledgments.

10%

Cash outflow

Co-pilot optimizes payment timings and methods, analysing

payment terms, discounts, penalties and, cost of capital

Vendor satisfaction

Vendors have higher satisfaction as they know real-time status of invoice processing and payments

Auditability

Human Errors

Approvals

Reconciliations & Other KPIs

VALUE PROPOSITION

Why Hyperbots Payments
Co-Pilot?

Hyperbots Payments Co-pilot automates payment processing with features like timing recommendations, approval workflows, and multi-method support (ACH, checks, wire transfers), ensuring secure, efficient, and compliant financial operations.

Before and After Hyperbots Payments Co-Pilot

FAQs: Automated Remittances

When does a vendor receive a remittance communication?

What details does the remittance communication include?

Can vendors seek clarification on remittance, and does the Co-pilot provide answers?

Will a single remittance include combined notes for multiple invoice payments?

Can remittance communication be customized for each company?

What channels are possible for receiving remittance communication?

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!