Reconciliation of Bank Statements
Hyperbots Payment Co-pilot automates the reconciliation of invoices with bank transactions, using Al for intelligent matching, anomaly detection, and real-time updates to ERP systems.
Key Features
Automated invoice matching
The co-pilot automatically matches invoices with corresponding payment transactions in bank statements, reducing manual effort.
Intelligent reference matching
Uses AI to match transaction references, such as invoice numbers, vendor names, or payment IDs, even with slight discrepancies.
Partial and multi-invoice payments
Supports reconciliation of partial payments or single payments covering multiple invoices, ensuring accurate allocation.
Anomaly detections
Identifies mismatches or discrepancies between invoices and bank transactions, flagging them for review.
Customizable reconciliation rules
Allows configuration of matching rules based on company policies, such as thresholds for tolerances or specific fields to prioritize.
Comprehensive audit trails
Maintains detailed logs of all payment actions, including user interactions and system actions, ensuring traceability and compliance.
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: Reconciliation of Bank Statements
Does the Co-pilot support reconciliation for partial or multi-invoice payments?
How does the Co-pilot automate invoice matching with bank transactions?
Can the Co-pilot handle discrepancies in transaction references?
How does the Co-pilot detect anomalies during reconciliation?
Can reconciliation rules be customized to suit company policies?
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
Designed by CFOs for CFOs
We worked with several CFOs to solve the right problems.
Hear what they have to say!
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
Designed by CFOs for CFOs
We worked with several CFOs to solve the right problems.
Hear what they have to say!
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
“
As an experienced senior financial professional, it has been an opportunity and an honor to provide input into the design of this artificial intelligence-powered tool that helps automate certain processes and provides new insights into financial questions commonly encountered across many industries and companies.
”
Bimal Shah
CFO
Strategic Advisor
SF
“
In helping design the product, as an experienced CFO, I focused on addressing my current pain points using AI.
”
Anthony Dias
CFO
Strategic Advisor
NYC
“
I think the time has come to leverage AI for addressing various challenges faced by CFOs such as data accuracy, timely & efficient processing and reporting, improving visibility, optimizing costs, managing cash flow, and ensuring compliance.
”
Mike Vaishnav
CFO
Strategic Advisor
SF
“
I have really enjoyed working with the Hyperbots team so far on defining the product functionality.
”
John Silverstein
VP of F&A
XR Extreme Reach
NYC
“
As a design partner, my input was taken onboard and we have been able to go through various iterations to keep refining the product to ensure real-life applicability.
”
Ayo Fashina
Director
DFC
Dallas
“
I am thrilled to be involved with Hyperbots’ new AI solution revolutionizing AP workflow as a design partner. During development, I shared real-world perspective on the needs of my industry, ensuring the solution is tailor-made for the intricate demands of law firms.
”
Cecy Graf
CFO
Strategic advisor
WA
“
I designed Hyperbots as a tool aimed at enabling CFOs in various industries to alleviate themselves from tedious tasks and simplify intricate financial workflows. By substituting manual efforts with technology, the tool enhances the precision and speed of tasks such as data entry, reconciliation, and report generation.
”
Anna Tiomina
Founder
Blend2Balance
Houston
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!
Hyperbots
The Best AI for Finance
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Hyperbots
The Best AI for Finance
Industries
Resources