Audit Trails for Sales Tax Verification

Hyperbots Co-pilot maintains a detailed audit trail for every action taken by Al or humans during sales tax verification.

Key Features

Comprehensive action logging

The Co-pilot records every action, from invoice discovery to ERP posting, creating a detailed log for each step in the invoice processing lifecycle.

Timestamps for each step

Every action in the audit trail includes a precise timestamp, ensuring clear visibility into when each step occurred.

Human and AI actions differentiated

The trail explicitly identifies whether an action was performed by AI or by a human, maintaining accountability for manual interventions.

Associated data points logged

Along with the action, relevant data points are captured, such as extracted fields, validation results, and matching discrepancies.

Transparent workflow tracking

The audit trail provides a clear end-to-end view of the invoice’s journey, helping users understand the steps involved and identify bottlenecks or errors.

UI presentation with audit trail cards

These trails/logs are presented to users in the co-pilot’s UI as audit trail cards, offering clear and accessible transparency for all actions taken.

Sales tax compliance

Co-pilot verifies applicable sales tax for every invoice and line item automatically

Tax underpayment

Co-pilots acts as a preventive methods against over or under charged sale tax by vendors

Auditability

Human Errors

Reputation


VALUE PROPOSITION

Why Hyperbots Sales
Tax-Verification Co-Pilot?

Hyperbots Sales Tax Verification Co-pilot automates tax validation for invoices, leveraging AI to ensure compliance with regional tax laws and eliminating errors, reducing manual effort and financial risks.

Before and After Hyperbots Sales Tax Verification Co-Pilot

FAQs: Audit Trails for Sales Tax Verification

How does the Hyperbots Sales Tax Verification Co-Pilot maintain a detailed log of actions during the tax verification process?

The Co-Pilot records every step in the tax verification cycle, including tax document validation, tax data matching, discrepancy detection, tax assessments, and payment confirmations. This comprehensive logging ensures a complete history of all actions taken during the sales tax verification process.

Can the audit trail differentiate between actions taken by AI and humans?

Yes, the Co-Pilot explicitly identifies whether an action was performed by AI or a human. This distinction ensures accountability and provides clarity on the source of each intervention, whether automated or manual.

What kind of data points are logged in the audit trail?

The audit trail logs key data points such as the names of approvers, comments on tax discrepancies, durations of human interventions, AI-detected tax mismatches, and the actions taken to resolve issues. This detailed information provides complete context for every step in the tax verification process.

How does the audit trail help users track the progress of tax verification?

The audit trail offers an end-to-end view of the tax verification process, highlighting each step from initial tax data matching to final tax payment confirmations. It identifies any bottlenecks and ensures users can clearly track the status and history of tax compliance activities.

How are these logs presented to users in the Co-Pilot’s interface?

The Co-Pilot displays the audit trail as interactive Audit Trail Cards within its interface. These cards organize detailed information about every action taken during the tax verification process, making it easy for users to access, review, and analyze the complete history of tax compliance activities.

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.

Designed by CFOs for CFOs

We worked with several CFOs to solve the right problems.

Hear what they have to say!

Designed by CFOs for CFOs

We worked with several CFOs to solve the right problems.

Hear what they have to say!

Ready to take the next steps?

Book a demo with one of our Financial Technology Consultants to get started!

Ready to take the next steps?

Book a demo with one of our Financial Technology Consultants to get started!