GL Coding
The Hyperbots PR/PO Co-Pilot streamlines the procurement process by automatically pre-filling GL codes based on line items using its pre-trained Agentic Al platform.
Key Features
Automatic GL code pre-filling
The co-pilot leverages the agentic AI platform to automatically pre-fill General Ledger (GL) codes based on the line items entered or selected by the requester, eliminating the need for manual entry.
Pre-trained on line items and codes
The system is pre-trained on extensive datasets of line items and corresponding GL codes, enabling accurate and reliable code recommendations tailored to specific procurement needs.
Reduced manual effort
By automating the GL code assignment, the co-pilot significantly reduces the effort required by individuals to manually search and enter appropriate codes, streamlining the PR creation process.
Seamless ERP integrations
The co-pilot integrates with ERP systems to ensure that the recommended GL codes are consistent with the organization's financial structure, enhancing data accuracy and consistency across platforms.
Override capability for flexibility
Users retain full control by having the ability to override the automatically recommended GL codes within the PR user interface, allowing for adjustments and custom allocations as needed.
Enhanced accuracy and compliance
Automated pre-filling minimizes human errors in GL code entry, ensuring that expenses are accurately allocated and compliant with financial policies and accounting standards.
80%
PO creation & dispatch time
Converts approved PR into PO automatically based on the company's templates. It can send POs automatically to vendors based on configurations.
5min
PR creation time
Co-pilot auto-fills most of the complex forms in ERPs and procurement systems by reducing the effort to 5 minutes
Auditability
Human Errors
Approvals
PO Closing & Other KPIs
VALUE PROPOSITION
Why Hyperbots Procurement
Co-Pilot?
Hyperbots PR/PO Co-pilot automates purchase requisition and order processes, including PR creation, approval workflows, and PO dispatch, ensuring efficiency, compliance, and seamless integration with ERP systems.
Before and After Hyperbots PR/PO Co-Pilot
FAQs: GL Coding
How does the Co-Pilot perform GL coding automation?
Does the Co-Pilot learn from human manual selections?
How much historical data is needed for effective GL coding automation?
What are the benefits of automated GL coding with the Co-Pilot?
If a PR has multiple line items each with different expense accounts, how does the Co-Pilot handle it?
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!