Verifying Vendor Information Using Agentic AI
Uses pre-trained models on documents like W-9s to automate identity checks, supporting accurate vendor payments, reconciliation, and processing.
Key Features
Extensive pre-training
Pre-trained on millions of statements and checks, the Co-pilot handles a wide range of formats with accuracy and reliability.
Document and format agnosticism
Processes checks and statements in any layout, size, or format, no custom templates needed.
Quick integration
Ready to use from day one, pre-training speeds up onboarding and minimizes setup time for businesses.
Core IP from rigorous experimentation
Developed through ongoing testing to support reliable and scalable payment reconciliation.
High verification accuracy
Extracts key details, like amount, invoice number, and vendor name, from payment narrations with high accuracy, based on extensive training data.
Adaptability across industries
Trained on vendor onboarding cases from various sectors, the Co-pilot supports different regulatory and operational requirements.
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: Pre-Trained Models
What makes the Payment Co-pilot operational from day one?
The Co-pilot is pre-trained on millions of documents, enabling quick deployment and seamless integration without extensive customization.
Can the Co-pilot handle various document formats?
Yes, the Co-pilot is document and format agnostic, efficiently processing structured forms, free-form scanned documents, and other layouts without requiring custom templates.
How accurate is the Co-pilot in vendor identity verification?
The Co-pilot achieves near-perfect accuracy by leveraging its vast training data
Is the Co-pilot adaptable to specific industry requirements?
Absolutely, the Co-pilot is trained on diverse datasets, enabling it to meet industry-specific needs.
What are the advantages of pre-training for businesses?
Pre-training significantly reduces implementation time, allowing businesses to quickly onboard vendors and eliminate manual validation efforts.
What is the core technology behind the Co-pilot’s capabilities?
The Co-pilot’s performance is powered by Hyperbots’ Agentic AI platform, refined through rigorous experimentation to deliver exceptional scalability, accuracy, and adaptability.
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!