Identification and Reporting of Tax Mismatches

Hyperbots Co-pilot compares system-calculated taxes to invoiced amounts, flagging any mismatches in real time even at the line-item level.

Key Features

"Compares calculated tax with invoice and flags discrepancies automatically"

Automated tax calculation comparison

Compares system-calculated tax (based on product/service type, jurisdiction, and line-item details) with invoiced amounts, automatically flagging discrepancies.

Validates invoices in real time, alerting mismatches before finalization

Real-time validation checks

Runs validations during invoice processing, alerting users to mismatches before finalization to reduce risk and ensure compliance.

Identifies incorrect tax rates and amounts at total and line-item levels

Granular discrepancy detection

Pinpoints incorrect rates or amounts at both the total and line-item level, streamlining resolution of specific issues.

Custom tolerance settings minimize false alerts and highlight key variances

Dynamic threshold & rule setting

Allows users to define tolerance levels or custom rules, focusing alerts on significant variances and minimizing false positives.

Generates reports and alerts for timely tax review and accuracy

Exception reporting & alerts

Generates concise reports and sends notifications for swift review, ensuring timely corrections and overall accuracy.

Sales tax compliance

Co-pilot verifies applicable sales tax for every invoice and line item automatically

Tax underpayment

Co-pilots acts as a preventive methods against over or under charged sale tax by vendors

Auditability

Human Errors

Reputation


VALUE PROPOSITION

Why Hyperbots Sales
Tax-Verification Co-Pilot?

Hyperbots Sales Tax Verification Co-pilot automates tax validation for invoices, leveraging AI to ensure compliance with regional tax laws and eliminating errors, reducing manual effort and financial risks.

Before and After Hyperbots Sales Tax Verification Co-Pilot

FAQs: Identification and Reporting of Tax Mismatches

How does the system compare expected tax amounts to invoiced amounts through Automated Tax Calculation Comparison?

Why are Real-Time Validation Checks important, and how do they help prevent non-compliance?

In what ways does Granular Discrepancy Detection isolate mismatches at both the total and line-item level?

How does Dynamic Threshold & Rule Setting allow users to tailor the significance of detected mismatches?

What role do Exception Reporting & Alerts play in ensuring timely corrections to tax discrepancies?

How do these features collectively streamline the process of identifying and resolving tax errors in invoices?

Why Hyperbots Agentic AI Platform?

Why choose hyperbots agentic AI: finance-first, accurate, adaptable AI

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!

Designed by CFOs for CFOs

We worked with several CFOs to solve the right problems.

Hear what they have to say!

Ready to take the next steps?

Book a demo with one of our Financial Technology Consultants to get started!

Ready to take the next steps?

Book a demo with one of our Financial Technology Consultants to get started!