Accounts Payable

For a Fortune 500, accounts payable operations cost tens of millions per year. This mostly manual process is slow and error prone. As a result, companies miss early payment discounts and lose up to 5% of their AP spend on avoidable payments like duplicate or fraudulent invoices.

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End-to-end AP automation

Hypatos provides end-to-end automation for invoices, payment reminders, delivery notes and offers. Hypatos deep learning models...

Classify the documents in incoming email, faxes or physical mail

Extract relevant data

Identify duplicate and fraudulent documents

Check documents for indirect tax compliance

Match invoices to purchase orders

Match suppliers to master data records

Predict General Ledger Account (GLA) codes, cost centers and approvers for documents without purchase orders

Pass data to the next system of record via integration libraries

End-to-end automation

Document hyperautomation: Classify, extract, validate and match order data to your product and services catalogue. All within Hypatos Studio.

Easy to integrate

Via well documented REST APIs

Easy to use

Graphical User interface (no code) to deal with complex cases

Constantly improving

Models improve as users process documents and correct mistakes

Feature comparison

Other Companies
Hypatos
Data extraction from invoices and receipts (Low accuracy for AP companies, high accuracy for Hypatos)
Graphical User interface (no code) to deal with complex cases
Duplicate identification
Fraud identification
Indirect tax validation
Coding
Approver identification
Fast integration to any system via APIs

Invoice hyperautomation is here

If most of your company’s invoices are not being processed end-to-end by machines, then it is time to free humans from machine work. Let’s talk

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