Notifications for PR and PO Actions
Receive updates when purchase requests or orders are created, approved, rejected, or closed.
Key Features
PR creation notifications
Notifies stakeholders when a new PR is created and validated, ensuring all key details are captured correctly from the start based on predefined rules.
PR approval workflow notifications
Notifies approvers of pending actions or required corrections, with direct links for quick access, helping keep approvals on track and reducing delays.
PO approval and despatch notifications
Sends alerts when a PO is approved and dispatched, keeping stakeholders updated and ensuring timely communication with vendors.
Unverified PR information notifications
Notifies stakeholders when PR details are missing or unverified, so issues can be resolved quickly and the procurement process stays on track.
PR data update notifications
Alerts stakeholders when key PR details like budgets or line items are updated, keeping everyone aligned and ensuring accurate, up-to-date information throughout the process.
PO change and partial payment notifications
Easily adjusts to new departments, roles, or approval changes, helping teams stay flexible and aligned as business needs grow or evolve.
Budget control notifications
Sends alerts when a PR or PO nears or exceeds budget limits, helping finance and procurement teams stay on track and manage spending proactively.
KEY BENEFITS
Procurement Co-Pilot shrinks cycle times from request to purchase order, freeing teams from manual effort, delivering instant ERP-synced approvals, and giving finance teams real-time spend visibility for compliant, cost-effective purchasing.
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
Before and After Hyperbots PR/PO 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: Notifications for PR/PO
What are PR Creation Notifications?
PR Creation Notifications alert stakeholders when a new Purchase Requisition (PR) is created and validated by the Co-Pilot. This ensures that all necessary information is accurately captured from the beginning of the procurement process.
What do PO Approval and Despatch Notifications do?
PO Approval and Despatch Notifications inform stakeholders when a Purchase Order (PO) is approved and dispatched. This ensures timely processing and keeps all relevant parties updated on the status of POs.
How do PR Approval Workflow Notifications help the procurement process?
PR Approval Workflow Notifications inform approvers about pending PR approvals or required corrections, including actionable links for easy access. This streamlines the approval process and ensures timely authorization.
What are Unverified PR Information Notifications?
Unverified PR Information Notifications send alerts when PR information remains unverified or incomplete. This ensures stakeholders can promptly address issues to avoid delays in the procurement workflow.
How does the Co-Pilot handle PO Changes and Partial Payments?
PO Change and Partial Payment Notifications alert stakeholders when POs are modified or partial payments are processed. This ensures all parties are updated on changes and can take necessary actions to maintain procurement efficiency.
Ready to take the next steps?
Book a demo with one of our Financial Technology Consultants to get started!