87% of financial leaders trust that artificial intelligence assume some of their responsibilities, as highlighted by the latest report of Payhawk on the technological gap of the CFOS. In response to this need, the company’s new agents will help solve the main challenge that companies find when implementing this technology in their financial processes: increase productivity maintaining total control over operations.
In this way, the platform will introduce the following AI agents:
- Financial Control Agent: It speeds the long processes of expenses reports. Instead that the financial departments pursue employees in search of receipts that are missing or check the line expenses reports per line, the agent automatically collects the documents, sends reminders when something is missing and indicates any unusual purchase, freeing time to occupy it in more strategic tasks
- Purchasing agent: Converts complications that may arise in purchasing requests into simple efforts. Employees only have to say what they need, and the agent guides them through the company’s policies. Then, gather the necessary approvals, and helps compare the options of the different suppliers, replacing a tedious process with a easier and more guided
IA agents automate operational tasks such as the search for receipts, analysis of expenses and detection of unusual expenditure patterns, releasing financial teams, which can dedicate more strategic functions
- Travel agent: Simplifies the management of business trips, covering the entire process, from the Reserve of Flights and Hotels to the collection of all the necessary expenses. This eliminates manual coordination between departments or external agencies, while guaranteeing compliance with company policies and provides all documentation
- Payment agent: collect employees’ queries on transactions, refunds and payments to suppliers, providing answers and investigating problems, tasks that previously occupied the financial equipment time
“Financial directors know that AI will have an impact in their day to day, but so far, there has been no clear address. We are not only adding artificial intelligence functions, but we are creating a new category of AI agents that will transform financial operations by autonomously completing those tasks that consume a lot of time,” says Hristo Borisov, CEO of Payhawk.
AI agents for financial processes
The AI agents are incorporated fluidly to the technological ecosystem of Payhawk, respecting at all times the security protocols, permits, workflows and traceability already defined. This allows financial teams to retain the necessary control and visibility, while they begin to take advantage of the advantages that artificial intelligence provides in their daily tasks.
Thanks to this security focused approach, the company is positioned differently to offer solutions promoted by AI that not only optimize efficiency, but also reinforce control in financial management.
Laura Gámiz, director of Payhawk Spain, concludes: “With the launch of the IA office for CFOS, we mark a before and then in the transformation of financial operations. With the integration of artificial intelligence into our platform, we not only optimize the productivity of financial equipment, but we do it within a controlled environment that meets all guarantees with our safety standards. A more efficient and reliable way to work, improving decision making and releasing time for tasks of greater value ».
