AI Co-Pilot for Procurement
Supports PR/PO tasks, document review, and identity verification using pre-trained models.
Key Features
Extensive pre-training
Trained on millions of vendor documents like W-9s and contracts, the Co-pilot easily understands varied formats, making onboarding smoother and document handling faster.
Quick Integration
Pre-trained to work out of the box, the Co-pilot requires minimal setup, helping teams get started quickly without long onboarding or custom configurations.
Core IP from Rigorous Experimentation
Built through continuous testing and iteration, the platform’s AI is optimized for accurate, scalable vendor verification across varied document types and business needs.
Adaptability Across Industries
Trained on diverse industry data, the Co-pilot handles varied vendor requirements, from healthcare compliance to manufacturing certifications, adapting easily to different regulatory and operational needs.
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: Pre-Trained Models
What makes the PR/PO Co-pilot operational from day one?
The Co-pilot is pre-trained on millions of documents, such as W-9 forms and contracts, 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 to extact PR fields.
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?
A: 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?
A: 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!