Managing Vendors Across Entities
Integrates with multiple ERP instances to align tasks, documents, and approvals across business units.
Key Features
Support for multiple ERPs
Works with ERPs like NetSuite, SAP, and QuickBooks across entities, using built-in connectors to keep processes consistent without requiring ERP migrations.
Support for multiple instances of the same ERP
Handles multiple ERP instances across entities, whether they share or use separate ledgers, allowing for unified or customized processes as needed.
Single sign-on for multi-ERP access
Provides finance teams with one login to access Co-Pilots across all ERPs and entities, reducing the need to manage multiple credentials.
Unified business processes across entities
Replicates configurations across ERPs and ledgers to standardize workflows, rules, and reporting, helping maintain consistency across all entities.
Tailored processes for distinct entities
Supports unique workflows, rules, and reporting needs for each entity, without requiring integration or standardization across all entities.
Flexibility for centralized or separate teams
Supports both centralized teams with shared access and separate teams per entity, adapting to different organizational structures without requiring workflow changes.
KEY BENEFITS
Cut duplicate spend with vendor rationalization, slash onboarding from weeks to minutes with AI W-9 checks, and keep suppliers informed through a real-time portal—unlocking savings, compliance, and peace of mind.
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
Before and After Hyperbots Vendor Management 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: Multi-Entity Support for Vendor Management
How does the Vendor Management Co-Pilot handle organizations using multiple ERPs?
The Co-Pilot seamlessly integrates with various ERPs like NetSuite, SAP, and QuickBooks, activating the appropriate connectors for each entity. This ensures consistent task execution without requiring costly ERP migrations or standardizations.
Can the Vendor Management Co-Pilot workwith multiple instances of the same ERP across entities?
Yes, it supports multiple instances of ERPs like SAP or NetSuite, interacting with each instance to perform tasks. It allows for unified processes or tailored setups based on whether entities share a replicated GL or maintain distinct GLs.
How does single sign-on simplify access for finance teams managing multiple ERPs or entities?
Single sign-on provides seamless access to the Co-Pilot across all ERPs and entities, eliminating the need for repeated logins and enhancing efficiency for finance teams managing diverse systems.
Can the Co-Pilot standardize processes across entities with different ERPs and GLs?
Absolutely. The Co-Pilot replicates configurations across entities, standardizing workflows, authority matrices, exception handling, and analytics while ensuring ERP data consistency through connectors.
Does the Co-Pilot support entity-specific configurations for distinct processes?
Yes, the Co-Pilot fully supports unique configurations for entities requiring distinct workflows, rules, and analytics. It ensures tailored process management while keeping ERP data entity-specific.
