SAN DIEGO, Calif. — Freight billing company DDC FPO is launching a new iCapture service, which automates most of the freight billing process.
The system will allow transport companies to scan or photograph the Bill of Lading, which will then be converted into a readable format, classified and then sorted. The automation of this process will result in fewer errors and less required labour, according to Chad Crotty, vice-president of sales for DDC FPO.
“Primarily, since transportation companies have been processing freight bills, it has largely been a manual process prone to errors,” Crotty explained. “Our solution has been designed to save money, improve efficiency, improve accuracy and generally to help carriers focus on what they do best, which is moving freight.”
Manual data entry will be reduced by more than 80% using iCapture, the company claims. The new offering was announced at the American Trucking Associations Management Conference & Exhibition and will be demonstrated at the show.
The company says iCapture involves three steps: accurately sorting paper and electronic documents based on content; lifting critical information based on its context and validating findings; and seamlessly relaying the data to core business applications.
More information on iCapture can be found here.
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