Flexible Workflows
The Hyperbots Vendor Management Co-Pilot offers highly customizable workflows tailored to business units, departments, and approval thresholds, ensuring precise and flexible accrual approvals.
Key Features
Department-level customization
Each department within the same workflow can have distinct approval flows and authority matrix, catering to specific organizational structures.
Dynamic approval levels and thresholds
Approval flows can include multiple levels, with each level having custom approval thresholds.
Organizational or predefined workflow paths
Businesses can configure workflows to follow the organizational hierarchy or predefined paths with designated roles or individuals.
Exception-based approvals
Vendors exceeding specific criteria or falling under unique conditions can be routed to senior leaders for handling.
Out-of-workflow assignments
Users can assign vendors outside the predefined workflow for clarifications or interim approvals.
Role-based flexibility
Roles and responsibilities in the approval process are fully configurable, enabling seamless alignment with business needs.
Scalable and adaptable workflows
The platform supports dynamic scaling for new departments, roles, or changing approval hierarchies, ensuring future-proofing. These features allow Hyperbots Co-Pilot to deliver unmatched workflow flexibility, ensuring efficient, compliant, and adaptive invoice processing tailored to organizational needs.
Spend optimization due to vendor rationalization
Co-pilot helps in spend reduction by consolidating suppliers, enabling bulk discounts, reducing administrative costs and improving procurement efficiency
Vendor onboarding effort
AI-enabled automation in vendor information capture and W-9 form verification significantly reduces vendor onboarding time by streamlining data entry, ensuring compliance, and minimizing manual errors.
Realtime status update
A vendor portal benefits vendors by providing real-time visibility into purchase orders, invoice processing, and payment statuses, enhancing transparency and trust
VALUE PROPOSITION
Why Hyperbots Vendor Management Co-Pilot?
Hyperbots Vendor Management Co-pilot streamlines vendor onboarding, identity verification, and collaboration while automating tasks like data uploads and real-time communication, ensuring efficiency, compliance, and transparency in vendor relationships.
Before and After Hyperbots Vendor Management Co-Pilot
FAQs: Flexible Workflows
How does Hyperbots Co-Pilot handle workflows for different business units or categories?
Can departments within the same workflow have customized approval flows for accruals?
How does the Co-Pilot manage varying approval thresholds for different vendors?
Can the Vendor Management Co-Pilot align workflows with organizational hierarchies or predefined paths?
How are exceptions, such as high-value or unusual vendors, handled in the Co-Pilot?
What happens if an vendor needs to be routed outside the standard workflow?
Can the Accruals Co-Pilot scale with organizational changes, such as adding new departments or updating roles?
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
