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What Is Document Data Extraction?

Digital transformation saves businesses time and money.    Just consider your document processing. From invoices to customs documents, transport and logistics companies rely on the ability to categorize—and analyze—data from their files. Effective document processing is key to making intelligent decisions.  Now, processing incoming documents once took significant company time and resources—but today it can be…

How Is AI Used in the Transport and Logistics Field?

Artificial intelligence (AI) plays an integral role in helping transport and logistics companies stay competitive.     Historically, logistics organizations have been forced to work with a high volume of paperwork. Manual data entry and decision-making are prone to error, and technology has become increasingly complex.    This is where artificial intelligence and automation come in.…

AI is the ultimate solution for processing trade documents. Here’s why.

The shipping and logistics industries process an enormous amount of paperwork. As companies embrace digital transformation, digitizing paperwork becomes crucial. Data entry is incredibly time-consuming and highly susceptible to human errors that result in mistakes, lost revenue, financial penalties, shipment delays, and lawsuits, amongst many other possible negative consequences.     At times, no matter how…

International Trade Document Processing: Is Automation Possible?

While some logistics companies work manually, others have begun to automate their international trade document processing. But how feasible is automation? Can logistics companies really automate their trade document processing systems? Should those that rely on manual data-entry take the time to digitize? This article will provide answers to these questions and explain how automation…

Take Control of Document Management in Supply Chain and Logistics

The compilation and archiving from freight documentation are highly expensive and time-consuming activities for enterprises. It takes a massive coordinated effort between Electronic Content Management (ECM) solution, Enterprise Resource Planning (ERP) and Transportation Management System (TMS) to monitor all supply chain records. When searching of key records from invoices, customs documentation or lading bills, not…

Benefits of Back Office Transformation

Unlock the true potential of your operations with back office transformation using artificial intelligence   Add value to your operations today with Workflow Automation, Business Intelligence, Searchable Enterprise Knowledge, Virtual Personal Assistance to further streamlining your process and increase the profitability of your enterprise.   The cost of back office is often overlooked, and as…

Use Smart Inbox to increase profit margin

Freight Forwarding companies are managing high volume of transactions but are making marginal profits.   With the rise of competition and digital offerings, it is becoming more difficult to meet the profit margins needed to grow in the freight forwarding industry. Therefore, business leaders are constantly on the lookout to new technological solutions to resolve…

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