Hypatos applies AI language processing and computer vision to expedite financial document processing for various business use cases.
Hypatos offers AI-powered solutions to automate document processing in various business functions, with a focus on improving efficiency, accuracy, and reducing costs across different industries.
Key Features and Solutions:
AI Agent Studio: A central hub for AI activity, facilitating the transfer of business knowledge, task delegation, and interaction with live documents. It enables firms to fully automate up to 80% of their transactional processing operations.
Accounts Payable: Automates the AP journey, reducing manual errors and mismanagement of invoices. This involves capturing invoices upon receipt, enforcing compliance with budget and cost policies, and maintaining transparency over billing issues to enhance supplier relationships.
Order Processing: Automates order capture and processing, ensuring order accuracy and quick fulfillment. It helps manage orders from different sources and matches them to an up-to-date catalog, minimizing errors and returns.
Travel Expenses: Automates travel booking, tracking, and reporting, enhancing compliance with company policies and providing real-time insights into travel expenses.
Purchase-to-Pay: Aims to reclaim lost value in the purchase-to-pay process by reducing manual handling, eliminating duplicate or fraudulent invoices, and capturing information accurately.
Order-to-Cash: Streamlines sales document processing, using AI to capture, validate, and match documents efficiently. This helps sales teams focus more on sales than on following up on order issues.
Platform and Integrations:
Hypatos offers a platform that supports seamless integration with major ERP and accounting software like SAP, Coupa, Workday, and Microsoft Dynamics, ensuring quick deployment and minimal disruption. This integration allows for accurate data ingestion and seamless document export across systems.
Business Benefits:
Efficiency and Cost Savings: By automating document processing, Hypatos reduces manual data entry and errors, fostering a shift to high-value tasks and enhancing decision-making processes. This results in reduced operational costs and improved accuracy.
Scalability and Compliance: Autonomous processes can scale with business growth while managing compliance with changing regulations. This minimizes legal risks and optimizes data usage.
Security and Reliability:
Hypatos prioritizes customer data security, adhering to international standards like ISO 27001, SOC 2, and GDPR. The platform ensures confidentiality, integrity, and availability through regular penetration tests and security audits.
Business Partnerships:
Hypatos partners with various firms to enhance its offerings, allowing for deeper integration and more comprehensive solutions in AI-driven document processing. These partnerships encompass advisory, consulting, and technology, allowing for an expanded reach and refined services.
Hypatos aims to enable organizations to maximize the potential of digital transformation without the typical bottlenecks of manual data processing. By leveraging AI technologies, businesses are better equipped to handle increasing transaction volumes efficiently and seamlessly, focusing more on strategic growth and innovation.