Tax Category Classification

Hyperbots Co-pilot classifies line items into the correct tax category by using ML classifiers, context-aware matching, and confidence scoring that flags uncertainties for review.

Key Features

"Tags line items using predefined product and service taxonomies"

Automated taxonomy recognition

Uses a predefined product/service taxonomy to tag line items (e.g., goods, services, exempt).

"Trained on invoice data to identify keywords and pricing for categorization"

Machine learning classifiers

Trained on large invoice datasets to identify keywords, descriptions, and pricing patterns for accurate categorization.

"Uses buyer-vendor history and context to classify vague item descriptions"

Context-aware matching

Considers buyer-vendor history and industry context to classify items when descriptions are vague.

"Assigns confidence scores and flags low-confidence items for review"

Confidence scoring & auditing

Assigns a confidence level to each classification, flagging low-scoring items for manual review.

Continuously retrains on user feedback, refining classifications over time.

Adaptive learning loop

Continuously retrains on user feedback, refining classifications over time.

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: Tax Category Classification

How does Automated Taxonomy Recognition classify line items?

Where does the Hyperbots Co-pilot pick up tax categories from?

Why do Machine Learning Classifiers improve over time?

What is Context-Aware Matching?

How does Confidence Scoring and Auditing help?

Can Hyperbots integrate with other systems after categorization?

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!