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Solutions / Finance Operations

An AI finance team that closes the books.

hifis handles accounts payable, collections, bank reconciliation and GST preparation for Singapore entities and their APAC subsidiaries. It works in SGD and every currency you bill in.

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#finance-ops · TeamsLIVE AGENT
PN
Priya Nair · Finance Manager
Close August for Hifis Holdings SG. Reconcile the DBS and OCBC feeds against Xero and prep the GST F5 draft.
f
hifis · AI employee
On it. Pulling bank lines for 2 accounts and 31 days.
bank.fetch(DBS, OCBC) → 1,284 lines
Matched 1,251 of 1,284 lines to Xero (97.4%)
33 exceptions: 21 FX differences, 12 invoices not yet in Xero
f
hifis · AI employee
FX differences revalued at MAS month-end rates. I found the 12 missing invoices in ap@ and drafted bills. GST F5 draft: output tax S$84,210.40, input tax S$51,882.15.
Approval needed · Priya Nair
Post 12 bills (S$38,904.00) and FX journal to Xero?
ApproveReviewReject
f
hifis · AI employee
Posted. Evidence pack filed to /Close/2026-08 for audit.
Run log
Fetch bank feedsdone
Match to ledgerdone
Resolve exceptionsdone
Draft GST F5done
Human approvaldone
Post & archivedone
Outcome
97.4%
auto-matched
S$32,328
net GST payable
33
exceptions explained
4m 12s
run time
Finance · Month-end close
00:00
97%bank lines matched without a human
3 daystypical month-end close
S$0.40average cost per processed invoice
100%of postings with an audit trail

Figures are illustrative targets for launch deployments.

AI employees for finance

Seven finance agents, ready to hire

Accounts payable

Invoice-to-pay agent

Reads PDF and InvoiceNow (Peppol) invoices, three-way matches against POs and GRNs, and queues GIRO or PayNow payment runs for approval.

XeroNetSuiteInvoiceNow
Accounts receivable

Collections agent

Chases overdue invoices by email and WhatsApp in your tone, applies receipts and escalates disputes to the right owner.

SAP B1WhatsAppOutlook
Treasury

Bank reconciliation agent

Pulls daily feeds from DBS, OCBC and UOB, matches lines to the ledger and explains every exception it can't clear.

DBS IDEALOCBC VelocityUOB Infinity
Tax

GST F5 preparer

Builds your quarterly GST F5 working papers, checks tax codes on every line and flags reverse-charge and overseas vendor items for review.

IRAS myTaxExcel
Controls

Expense auditor

Checks every claim against policy, receipts and per-diem rates before it reaches a manager, and explains what it rejected.

SAP ConcurExpensify
Close

Month-end close agent

Runs accruals, prepayments, FX revaluation and intercompany eliminations across your Singapore, Malaysian and Indonesian entities.

NetSuiteOracleWorkday
How it works

From inbox to ledger

You keep approval on anything above the thresholds you set. hifis does the rest and records every step.

Capture

Invoices arrive by email, Peppol or upload. hifis extracts supplier UEN, GST registration number, line items and tax codes.

Match and check

Three-way match against PO and goods receipt, duplicate detection, and supplier bank-detail change alerts.

Approve

Approvers get a one-tap card in Teams or Slack with the evidence attached.

Post and pay

hifis posts to your ERP, schedules the GIRO batch and files the evidence pack for your auditors.

FAQ

Finance questions

Does hifis support InvoiceNow?

Yes. hifis can receive and read Peppol e-invoices through your access point provider and reconcile them in the same flow as PDF invoices.

Can it file GST returns for us?

hifis prepares the GST F5 working papers and a draft return for your tax team. A person in your team reviews and submits it through myTax Portal.

Which ERPs do you support?

Xero, NetSuite, SAP S/4HANA and Business One, Oracle Fusion, Microsoft Dynamics 365 and QuickBooks, plus custom ledgers via API or SFTP.

hifis.ai · Singapore

Work, done.

AI employees for Finance, HR and Sales. Made in Singapore.

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