OTO-Freight helps companies to improve the efficiency and accuracy of their document-based tasks, while reducing the need for manual data entry and analysis, saving 80% of operational time and cost.
Intelligent Document Processing (IDP) can be particularly beneficial for transportation and logistics companies, such as Carriers, Brokers, Freight Forwarders, Agents and 3PL Companies, as it can automate the handling of a wide range of documents that are critical to their operations.
Discover the Top 3 Reasons to choose OTO-Freight
Freight Invoice Processing and Reconciliation
Accurate, Up-to-Date Shipment and Freight Related Information
Other Use Cases in Transportation and Logistics
Freight Invoice Processing and Reconciliation
Freight invoice processing and reconciliation is the process of automatically capturing, validating, and reconciling the information on freight invoices, such as invoice number, invoice date, carrier information, and charges, with the corresponding shipping or freight data inside your transportation management systems (TMS) and enterprise resource planning (ERP) systems.
The system generates reports and alerts that can be used to identify and track any discrepancies. It automates the handling of freight invoices, extracts valuable information, makes it more accessible to the organization, and improves the efficiency, accuracy and cost-effectiveness of the freight invoice processing and reconciliation processes.
Accurate, Up-to-Date Shipment and Freight-Related Information
Our solution automatically processes shipment and freight-related data from multiple documents, such as: Bills of Lading, Arrival Notices, Advanced Shipment Notices, Proofs of Delivery, and Cargo Manifests.
Examples of structured data extracted include shipment details (shipper, consignee, carrier, shipping date, etc.), cargo details (description, weight, volume, etc.), routing information (origin, destination, transit points, etc.), and delivery information (proof of delivery, delivery date, etc.).
The system automatically updates the existing data with the new information, ensuring that the data is always up to date. As a result, organizations can improve the accuracy and completeness of their shipment and freight-related data and make better-informed decisions.
Other Use Cases in Transportation and Logistics
Trip planning and tracking, fleet management and warehouse management are other use cases where Intelligent Document Processing (IDP) can help to eliminate manual low-value work.
This can help logistics companies improve inventory accuracy, better plan, flag exceptions, reduce labor costs and increase operational efficiency.
Our solution can be integrated with other systems such as enterprise resource planning (ERP) systems, transportation management systems (TMS), and customer relationship management (CRM) systems, to automate the flow of data between them.
System integration can help organizations eliminate manual data entry, improve the accuracy and completeness of their data, and automate their business processes, resulting in better efficiency, cost savings and improved decision making.
They talk about us
“The Port of Montreal has teamed up with Mely.ai, a startup specializing in data retrieval for automated solutions, to develop a new Intelligent Document Processing (IDP) tool based on artificial intelligence and focused on data transparency. {…}”
September 6, 2023
“The project was carried out by Mely.ai Solutions, a company that is accelerating supply chain digitalization. {…}”
By Emily Atkins
September 8, 2023
“We want to be able to find the needle in the haystack”
Business Intelligence and Innovation Analyst at the Port of Montreal
OTO-Freight was specifically designed to process shipments, from order entry to freight billing
Freight Billing
Order Entry
Bills of Lading
Additional Capabilities
Auto-Create Shipments from non-EDI order entry from your clients
Reconciliation Engine for Freight Invoices to Shipments from your TMS
Streamlining Request for Information (RFI) through automation
Customized business rules and workflows to expedite and enhance transparency throughout each process stage
Smart Inbox and Work Management with automated assignment
Intelligent Document Management with easy search on past data
Advanced Reporting and Business Intelligence
AI Predictions and Recommendations: Prediction of critical field corrections, freight rate discrepancies and recommendations, insights on actions to be taken based on past actions
