Say Goodbye To Manual Freight Document Processing With Our Intelligent Document Processing (IDP) Solutions
The daily volume of documents generated through properly coordinating and routing freight across North America and around the world is staggering.
The ever increasing number of rules and regulations, and the growing complexity of most supply chains doesn’t lead us to think that this volume is going to decrease anytime soon either.
Processing and entering these documents manually is both cost prohibitive and time consuming but worse yet it is also prone to errors, which are in turn costly and time consuming to rectify.
Although AI is still not as good as humans for complex tasks requiring advanced decision making such as driving a car, for repetitive and mundane tasks such as data entry, AI is far superior to humans already, and improving every day.
To that end, we have developed a suite of Intelligent Document Processing (IDP) tools powered by artificial intelligence (AI) which are revolutionizing how manual document processing is handled throughout the freight forwarding industry.
The revolution of these processes, driven by AI automation, promises increased efficiency and accuracy while lowering processing and data entry costs, saving time, and significantly reducing errors.
Our solutions can be used for:
AI powered document processing and data entry
Workflow Automation
The main benefits of AI powered Intelligent Document processing are:
Faster document processing, resulting in more up-to date information, quicker
Improved data accuracy, resulting in higher quality information, leading to better business decisions
Lower costs resulting in higher profitability, and greater ability to invest in business growth
Manual Document Processing Is Not Only Costly But Also Prone To Errors
The freight forwarding industry is a vital component of the global economy, transporting goods from one country to another. The importance of this industry is highly misunderstood by the general public but cannot be overstated.
Despite its importance, this freight forwarding industry is saddled with tedious and labour-intensive manual processes to create, modify, process and classify the huge amount of paperwork that is generated daily.
The sheer volume of documents generated by various stakeholders in the supply chain can be staggering.
In addition to commercial invoices, packing lists and waybills, there are also customs declarations, certificates of origin, insurance policies and many other documents that must be assessed, handled and processed properly at the risk of costly delays or fines.
These documents have traditionally been managed through paper-based systems coupled with a Transportation Management System (TMS). Generating, reviewing and entering the data into the TMS requires significant manual effort and thus cost.
Not only is the manual entry and processing of these documents extremely labour-intensive and time consuming, it is also prone to human errors due to misinterpretation of data as well as omissions or inaccuracies during the data entry process.
Moreover, such an inefficient system requires operators within the logistics ecosystem to dedicate more resources - financial, temporal and personnel – towards managing paperwork instead of focusing on core business activities.
The Mely.ai system integrates directly with many of the most used Enterprise Resource Planning (ERP), Transportation Management systems (TMS) and Customer Relation Management (CRM) systems, minimizing the disruption to your workflow, as well as the need to supervise and train a data entry clerks or other employees.
TIP: AI powered intelligent document processing (IDP) solutions provide an effective way for businesses to reduce operational costs while staying compliant with customs regulations. By automating mundane tasks such as document creation and management, organizations can free up resources that would otherwise have been spent dealing with paperwork so that these resources can be better allocated towards more strategic objectives.
How our Ai Powered Intelligent Document Processing Solutions Save You Time And Money
Prudent cost and time management has never been more vital.
As competition increases, and margins decrease, remaining competitive has never been more important.
That’s why we have developed a suite of AI powered Intelligent Document Processing (IDP) solutions to make data entry and document processing easier for businesses while reducing cost and increasing efficiency.
Our AI powered IDP software solutions provide:
• Automated document creation with data collected from multiple sources
• Automated document processing and data entry
• Customizable templates tailored to specific requirements
• Verification checks that ensure accuracy and compliance
• Secure storage systems that protect sensitive information
• Real-time analytics on documents issued by customers
• Advanced business rules automation to automate certain repetitive, tedious decisions
• And much more
Our advanced technology is designed to eliminate manual errors associated with manual data entry and processing while saving your organization time and money.
The best part?
Your organization can benefit from this advanced technology, without the need for advanced tech skills. Our software was designed to be easy to use, and we provide a turn-key platform that includes set-up, configuration, training as well as on-going support.
How your organization will benefit from using our AI Powered Intelligent Document Processing software
The use of AI powered Intelligent Document Processing (IDP) solutions provides numerous benefits for businesses and the list is growing each year.
The main benefits of using Mely.ai AI powered solution include:
Faster document processing, resulting in more up-to-date information, quicker.
Our AI-powered Intelligent Document Processing (IDP) software allows your organization to process all trade documents much more quickly, without relying on human labour. Making sure your corporate systems have the most up-to-date data, at all times, greatly increases operational efficiency, and overall satisfaction for both clients as well as your team.
Improved accuracy, resulting in higher quality information, and decisions
AI has come a long way, and is especially suited for repetitive, detail oriented tasks such as document processing and data entry. Not only is it more accurate than a human being, but its accuracy also never waivers due to human factors such as the need for sleep or having a bad day. Our AI powered document processing makes sure that your data is processed and entered without error, in a timely and cost-effective way. Having higher quality information, faster results in increased business efficiency, as well as better, more effective decision making throughout your organization.
Lower costs resulting in higher profitability, leads to a greater ability to invest in growth
In the past, the decision was often trading data entry salaries for technical salaries instead, resulting in fictional cost savings that only existed on paper. As technology continually becomes better, it is now possible to replace entire departments with software. Our clients have seen an average ROI of 40%+, and an average payback period of less than 6 months after switching to our suite of AI-powered software tools. Our solutions are also highly scalable up or down depending on your business needs.
See how much we could save you here >>>Gain new capabilities with our automation, business intelligence and advanced analytic tools
Our AI-powered automation, business intelligence and analytics tools give your organization a leg up in a highly competitive market. Data is the currency of the 21st century, and the ability to access, analyze and act on that data quickly and efficiently will define the winners and losers in this highly competitive business environment. With our suite of AI powered tools your organization will instantly gain more advanced data capabilities such as predictive analytics and automated smart alerts, increasing efficiency, saving money and keeping your firm highly competitive.
In addition to all of these advantages, our intelligent document processing tools allow businesses many customization options, further streamlining the overall workflow process.
The use of automated workflows simplifies mundane administrative tasks freeing up resources, and allowing staff members to focus on value-added activities instead.
As a result, businesses can further increase operational efficiency while lowering costs, resulting in a greater competitive advantage in an increasingly competitive market environment.
As you can see, the use of our AI-powered Intelligent Document Processing (IDP) solutions offers a cost-effective way for freight forwarding companies like yours to quickly and securely process and enter documents while saving time and money.
This approach is ideal if you are looking to reduce manual labor costs associated with document processing, as well as eliminate the risk of errors that can occur during manual data entry.
Our solution requires no special hardware or software and is compatible with most existing Transportation Management Systems (TMS).
Mely.ai's suite of AI tools have been specifically designed for the freight logistics industry with an emphasis on improving operational efficiency, cutting down on administrative overhead, streamlining paperwork management and simplifying compliance requirements across different countries’ regulations. By leveraging these powerful new technologies, companies within the sector can reduce time spent manually processing documents while simultaneously increasing accuracy levels at a fraction of the associated costs previously incurred through traditional methods.