Payment Timing Based on Terms & Priority
Analyzes discounts, terms, cost of capital, and vendor importance to suggest when to pay, balancing savings with business priorities.
Key Features
Early payment discount analysis
Identifies early payment terms from invoices and purchase orders to help you see potential savings from paying ahead of time.
Payment term extraction and evaluation
Pulls payment terms from invoices and purchase orders to figure out when payments are due and the best time to pay.
Cost-of-capital consideration
Looks at the company’s cost of capital to help decide whether it makes financial sense to take early payment discounts.
Vendor criticality assessment
Evaluates how essential a vendor is to the operations and factors that into payment timing recommendations.
Data integration for holistic recommendations
Brings together information from invoices, purchase orders, and ERP systems to suggest well-informed payment timings.
Real-time decision making
Offers timely payment suggestions as new data comes in, helping teams act quickly and make the most of available financial benefits.
Actionable insights for payment approvals
Gives approvers clear, data-driven suggestions to help them make confident, well-informed payment decisions.
KEY BENEFITS
Payment Co-Pilot boosts cash flow by timing payments for discounts, routes approvals automatically for same-day releases, supports ACH, checks, and wire transfers with a full audit trail—delivering accurate, secure payments and tighter spend control.
10%
Cash outflow
Co-pilot optimizes payment timings and methods, analyzing 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
Before and After Hyperbots Payments Co-Pilot
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: Early Payments Recommendations
Does the Co-pilot consider vendor importance in recommendations?
Yes, the Co-pilot assesses vendor criticality to the company’s operations, prioritizing early payments for strategic or essential vendors.
How does the Co-pilot provide holistic payment recommendations?
It integrates data from invoices, POs, and ERP systems to align recommendations with financial policies and cash flow conditions.
Can the Co-pilot make real-time payment recommendations?
Absolutely, the Co-pilot provides real-time, actionable insights, ensuring timely decisions on early payment opportunities to maximize financial benefits.
Give an example of when an early payment discount might not make sense.
If the discount is "0.5/30 Net 45" and the company’s cost of capital is 10% annually, early payment would not make sense. The annualized discount is 6% (0.5% × 12), which is lower than the cost of capital, making it uneconomical to pay early.
What to do when an early payment discount makes sense but the company doesn’t have enough cash to pay on time?
The Co-pilot can identify alternative financing options, such as short-term credit or supplier financing, to leverage the discount. It also provides insights on prioritizing payments to maximize financial benefits within available cash flows.
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!