Hypatos specializes in AI-driven accounts payable (AP) automation and document processing solutions for large enterprises, leveraging generative AI to streamline complex financial workflows. Our customizable platform automates both repetitive and complex tasks in accounts payable and financial document processing, reducing manual work and increasing accuracy. With seamless AI integration into existing workflows, Hypatos empowers teams to achieve end-to-end AP automation, potentially eliminating up to 100% of manual processing efforts for a more efficient and adaptive business solution.
Hypatos’ AI-driven platform, Hypatos Studio, excels in extracting crucial information from invoices, including document type, number, line item details, and more. The system's accuracy and automation rates surpass human capabilities, and it performs checks to ensure data accuracy, even integrating with your existing records.
Beyond extraction, Hypatos’ AI goes further by identifying additional data points, such as the first approver, payment information, tax details, and general ledger accounts. The system also offers flexibility in utilizing composite enrichment at the item level, tailoring it to unique requirements.
In scenarios involving purchase orders, Hypatos excels at automating the matching of invoice information with purchase order items in your ERP system, facilitating a comprehensive three-way match at the item level. The technology offers a streamlined solution for optimizing accounts payable processes in the finance industry.
Reduce manual data entry, allowing your accounts payable team to focus on strategic and value-added activities.
Automate intricate and resource-intensive processes, improving overall efficiency and accuracy.
Enjoy a smooth transition to automated processes without a complete overhaul of existing systems, saving time and costs.
Facilitate continuous learning as the AI agent evolves directly from your business application workflows.
Achieve comprehensive automation, potentially eliminating up to 100% of document processing efforts.
Enhance the user experience with exclusive interaction using natural human language.
Monitor and track financial activities with analytical dashboards providing a complete audit trail of transactions
Minimize the risk of human errors, leading to higher accuracy in financial document processing.