Notifications for Payments
Hyperbots Payment Co-Pilot sends real-time notifications for payment creation, approval, rejection and reconciliation.
Key Features
Payment creation notifications
Alerts stakeholders when a new payment is created, ensuring all necessary details like amounts, vendors, and due dates are accurately captured.
Payment approval workflow notifications
Notifies approvers about pending payment approvals or corrections, with actionable links for timely authorization and compliance.
Payment rejection notifications
Sends alerts when a payment is rejected, detailing reasons like mismatched amounts or unverified vendor details, and guiding resolution.
Remittance notifications
Notifies vendors and teams about processed payments, including remittance advice with payment amounts, invoices, and dates for transparency.
Payment reconciliation notifications
Alerts stakeholders once payments are reconciled with bank transactions, detailing matched payments and any flagged discrepancies.
Payment modification or cancellation notifications
Notifies users of payment modifications, such as partial payments or cancellations, ensuring stakeholders are updated and aligned.
Audit trail and compliance notifications
Provides updates on payment activities like approvals and reconciliations, maintaining transparency and supporting audit requirements.
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: Notifications for Payments
How does the Co-pilot notify stakeholders about payment creation?
Can the Co-pilot notify approvers about pending payment approvals?
What happens if a payment is rejected?
How does the Co-pilot handle remittance notifications?
Does the Co-pilot notify users about payment reconciliation?
Why Hyperbots Agentic AI Platform?
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
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!