Struggling with Accruals in Accounts Payable? Discover How AI Can Help! 🌟In today's fast-paced financial world, the process of accruals in AP remains a daunting challenge. Despite advancements, many organizations still grapple with manual processes that are prone to errors. Dive into our latest blog that unravels the complexities of managing accruals in Accounts Payable (AP). Click here: https://lnkd.in/gEAvNVSB
Hyperbots Inc.
Business Intelligence Platforms
DOVER, Delaware 13,053 followers
The Best AI for Finance
About us
At Hyperbots, we are on a mission to free up humans from mundane and repetitive tasks in finance. Tasks such as invoice processing, 3-way/2-way matching, accruals, capitalization, GL mapping and updates, early payment discount decisions, procurement process intelligence, employee expense management, receivables, collections, collaboration with employees, vendors, and customers, need to be significantly transformed through AI. This requires secure, accurate, and state-of-the-art finance-specific AI innovations in NLP, Vision, Language Models, Recommenders, Intelligent Document Processing, Data Visualizations, and Conversational Technology domains. At Hyperbots, we have rooted our research in the above domains to create significant ROI for AI adoption in finance. We have designed the AI Assistants from the ground up with help from dozens of CFOs of various industries. Our AI Assistants for finance are AI-native with inbuilt flexibility to configure them to suit your specific needs with no financing for a custom IT project. Initial trials have demonstrated an 80% reduction in the per-invoice cost of processing due to end-to-end and exhaustive automation. In addition, invoice and expense processing time is slashed from 5-15 days to a few minutes. Our AI Assistants are ready to deploy, easy to configure and come with inbuilt integrations with widely used ERP, CRM, and other applications.
- Website
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www.hyperbots.com
External link for Hyperbots Inc.
- Industry
- Business Intelligence Platforms
- Company size
- 11-50 employees
- Headquarters
- DOVER, Delaware
- Type
- Privately Held
- Founded
- 2023
- Specialties
- Hyper Automation, Unstructured Data Processing, iRPA, NLP, AI, ML, Computer Vision, AP, and AR
Locations
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Primary
Get directions
8 THE GRN STE R
DOVER, Delaware 19901, US
Employees at Hyperbots Inc.
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Kelly O'Neill
Advisory | Boards | Consulting | Professional Services | Solutions | Strategy | Transformation | AI | BPM | CXO | CXM | ERP |…
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Deepak Pakhare
VP, Design at Hyperbots | Product • Brand • People | Ex-Amazon, Ex-LinkedIn, Ex-Yahoo!
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Rajeev Pathak
Co-founder and CEO - Hyperbots
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Ram Jayaraman
Co-founder @Hyperbots Inc.
Updates
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🌟Unlocking AI's Impact in Banking & Finance: Insights from Mike Vaishnav! Excited to present our latest video from the CFO Insights series, featuring Mike Vaishnav, CFO & Strategic Advisor, as he delves into the pivotal role of AI in transforming the financial landscape! In this engaging interview Mike discusses: - Current Landscape: AI's rapid evolution and its critical role in enhancing banking operations. - Successful Applications: From AI-driven credit analysis to 24/7 customer service chatbots, revolutionizing customer interactions. - Challenges & Strategies: Overcoming data quality issues, regulatory compliance hurdles, and cybersecurity concerns with AI solutions. - Emerging Trends: Future outlook on advanced analytics, RPA, and personalized customer experiences driving innovation in finance. - Global Perspectives: Addressing regional differences in AI adoption and implementation strategies. 🚀 Dive into the future of finance with AI insights from an industry leader Mike Vaishnav. Don't miss out — watch the full interview now and stay ahead in the evolving landscape of banking and finance! Join us to explore how AI is reshaping the future of banking and finance! 🎥 Watch Now: https://lnkd.in/gRUYPGqY #hyperbots #CFOInsights
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Hyperbots Inc. reposted this
🌟 Discover the Future of Accounting with AI in our latest CFO Insights interview! Curious about how AI is transforming the CPA landscape? Dive into our exclusive interview with Cecy Graf, CFO & Strategic Advisor, as she shares profound insights on the intersection of artificial intelligence and certified public accountants. In this discussion moderated by Emily from Hyperbots, Cecy explores: - The game-changing impact of AI automation on financial processes. - Examples of AI enhancing precision in auditing procedures. - The crucial distinction between AI tools and human expertise in CPA roles. 🚀 Learn how organizations can leverage AI to: - Boost audit efficiency and accuracy. - Navigate complex financial regulations. - Ensure data integrity and mitigate biases. 🔍 But here’s the real question: Can AI fully replace CPA expertise? Cecy Graf provides a nuanced answer, highlighting AI’s role as a powerful tool that enhances rather than replaces human judgment and ethical considerations in auditing. Join the conversation and innovate your approach to auditing today! 🎥 Watch Now: https://lnkd.in/gXc5k97Z #hyperbots #CFOInsights
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Can AI Revolutionize Chart of Accounts Management? The COA serves as the backbone of financial narratives, tracking everything from expenses to revenues with precision. Yet, challenges like duplication of accounts, lack of standardization, and inconsistent usage can lead to inefficiencies and errors in reporting. Ready to transform your COA management with AI. Click here: https://lnkd.in/gNvjJx44
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🌟 Discover the Future of Accounting with AI in our latest CFO Insights interview! Curious about how AI is transforming the CPA landscape? Dive into our exclusive interview with Cecy Graf, CFO & Strategic Advisor, as she shares profound insights on the intersection of artificial intelligence and certified public accountants. In this discussion moderated by Emily from Hyperbots, Cecy explores: - The game-changing impact of AI automation on financial processes. - Examples of AI enhancing precision in auditing procedures. - The crucial distinction between AI tools and human expertise in CPA roles. 🚀 Learn how organizations can leverage AI to: - Boost audit efficiency and accuracy. - Navigate complex financial regulations. - Ensure data integrity and mitigate biases. 🔍 But here’s the real question: Can AI fully replace CPA expertise? Cecy Graf provides a nuanced answer, highlighting AI’s role as a powerful tool that enhances rather than replaces human judgment and ethical considerations in auditing. Join the conversation and innovate your approach to auditing today! 🎥 Watch Now: https://lnkd.in/gXc5k97Z #hyperbots #CFOInsights
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Addressing security risk of financial data …
Is Your Financial Data Secure in the Age of AI? In today's fast-evolving financial landscape, Artificial Intelligence (AI) is revolutionizing how we manage and utilize data. As CFOs, safeguarding financial data is not just a priority but a strategic imperative. Read our blog to understand how you can fortify your financial data against AI-related challenges. Click on the Blog Link to learn more: https://lnkd.in/gSWBcmMJ #hyperbots #AIinFinance
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Hyperbots Inc. reposted this
🌟 Excited about optimizing your Chart of Accounts? Dive into our latest edition of the CFO Insights series with John Silverstein, CFO & Strategic Advisor, and Emily Anand, Digital Transformation Consultant at Hyperbots Inc., where we explore the Best and Worst Practices in Chart of Accounts! 🔍 Discover how to structure your accounts for optimal financial management and reporting: - Optimal Financial Management: Learn how to structure your chart of accounts for effective reporting and compliance. - Streamlining Financial Processes: Discover key elements and categories that can simplify your financial operations. - Future-Proofing Your Business: Insights on designing a flexible chart of accounts that grows with your business. - Consistency Across Departments: Tips to maintain uniformity across subsidiaries and departments, even during M&A. - Tools & Methodologies: Explore recommended tools like FlowQuest and Blackline for seamless chart of account implementation. - Avoiding Common Pitfalls: Hear about pitfalls to avoid and lessons learned from real-world scenarios. 🚀 Ready to streamline your financial processes? Learn about the elements that can supercharge your reporting efficiency and how to maintain consistency across subsidiaries and departments. 📽️ Watch the full interview now for expert advice and real-world examples! 🔗Click Here: https://lnkd.in/g8Zw7vjY #hyperbots #CFOInsights
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Is Your Financial Data Secure in the Age of AI? In today's fast-evolving financial landscape, Artificial Intelligence (AI) is revolutionizing how we manage and utilize data. As CFOs, safeguarding financial data is not just a priority but a strategic imperative. Read our blog to understand how you can fortify your financial data against AI-related challenges. Click on the Blog Link to learn more: https://lnkd.in/gSWBcmMJ #hyperbots #AIinFinance
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🌟 Excited about optimizing your Chart of Accounts? Dive into our latest edition of the CFO Insights series with John Silverstein, CFO & Strategic Advisor, and Emily Anand, Digital Transformation Consultant at Hyperbots Inc., where we explore the Best and Worst Practices in Chart of Accounts! 🔍 Discover how to structure your accounts for optimal financial management and reporting: - Optimal Financial Management: Learn how to structure your chart of accounts for effective reporting and compliance. - Streamlining Financial Processes: Discover key elements and categories that can simplify your financial operations. - Future-Proofing Your Business: Insights on designing a flexible chart of accounts that grows with your business. - Consistency Across Departments: Tips to maintain uniformity across subsidiaries and departments, even during M&A. - Tools & Methodologies: Explore recommended tools like FlowQuest and Blackline for seamless chart of account implementation. - Avoiding Common Pitfalls: Hear about pitfalls to avoid and lessons learned from real-world scenarios. 🚀 Ready to streamline your financial processes? Learn about the elements that can supercharge your reporting efficiency and how to maintain consistency across subsidiaries and departments. 📽️ Watch the full interview now for expert advice and real-world examples! 🔗Click Here: https://lnkd.in/g8Zw7vjY #hyperbots #CFOInsights
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Hyperbots Inc. reposted this
🚀Houston, get ready to dive deep into the future of finance with us! Join our exclusive panel discussion on "The Adoption of AI in Finance" where we'll uncover the evolution of finance processes and the transformative impact of AI. This isn’t just another event—it’s your opportunity to network over drinks and dinner and explore actionable AI strategies and discover real-world use cases in P2P, O2C, and beyond. Why Attend? - Gain insights into AI's financial impact - Discuss practical AI adoption strategies - Network with industry leaders over drinks and dinner 📅 Save the Date: July 29, 2024 🕔 Time: 5:00 PM - 8:00 PM CT 📍 Venue: Alamo Drafthouse Katy - LaCenterra Seats are limited, so don't miss out! Secure your spot today and be a part of shaping the future of finance. 🔗 Register here: https://lnkd.in/gpNrbcJ6 Let’s unlock the potential of AI together! See you there!