Vendor Payment Management with Agentic AI
Gives real-time access to invoices, payments, and approvals, with secure uploads and reconciliation support.
Key Features
Real-time status updates
Gives vendors live updates on invoices, payments, and POs through an easy-to-use portal.
Document upload functionality
Allows vendors to easily upload important documents, like ID proofs, account info, and invoices, directly through the portal.
Comprehensive dashboards
Provides interactive dashboards that let vendors track invoices, payments, and POs, all in one easy view.
Notifications and alerts
Sends instant updates and alerts for key actions, like invoice approvals, payments, or document requests.
Collaboration tools
Enables easy communication between vendors and accounting teams for questions, clarifications, and updates, all within the portal.
Secure and user-friendly interface
Provides a safe, easy-to-use portal with data encryption and a simple interface, making vendor management more transparent, collaborative, and efficient.
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: Vendor Portal
What information can vendors access through the portal?
Vendors can access real-time statuses of invoices, payments, and POs, along with dashboards showing history, reports, and other key details.
Can vendors upload documents directly through the portal?
Yes, vendors can securely upload identity proofs, account details, invoices, and other required documents for verification or updates.
Are all vendors provided access to the Vendor Portal?
Yes, all authorized vendors are given access to the portal, allowing them to manage their interactions with the company seamlessly.
Does the portal send notifications to vendors?
Yes, the portal sends real-time notifications and alerts for important updates such as invoice approvals, payment disbursements, or additional document requests.
How does the portal help vendors collaborate with accounting staff?
Vendors can communicate directly with the company’s accounting team through built-in collaboration tools to resolve queries or provide clarifications.
Are the dashboards customizable for vendors?
Yes, the portal provides interactive dashboards where vendors can view and manage their invoices, payments, and POs in a user-friendly format.
Is the vendor portal secure for sensitive information?
Absolutely, the portal employs robust encryption and secure access protocols to protect sensitive vendor data and ensure safe transactions.
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!