Bill of Lading OCR
How To Extract Data from Bill of Lading Using KlearStack
Challenges of Data Capture from Bill of Lading
Varied Formats
Unstructured Data
Compliance Requirements
Limited Data Validation
Integration with Existing Systems
Inconsistent Layouts
KlearStack
Revolutionizing Bill of Lading Processing
99% Accuracy
Day Zero Accuracy
With KlearStack’s AI-powered document automation platform, achieve high accuracy on day zero for bill of lading processing, which means that the system can accurately extract data from any form of bill of lading right from the first day of using it. KlearStack achieves Day Zero Accuracy by leveraging its advanced machine learning and natural language processing (NLP) algorithms to extract relevant data from the bill of lading document with a high rate of accuracy. The system learns from the user’s feedback and improves over time, further enhancing its accuracy.
End-to-end document processing
Straight through Processing
In the case of bills of lading, KlearStack’s STP process involves capturing all the relevant information, such as shipper and consignee details, cargo descriptions, and freight charges, and automatically populating them into the appropriate fields in the destination system. This allows for the efficient processing and tracking of shipments, reducing the potential for errors and delays. By implementing KlearStack’s STP process, organizations can streamline their document processing workflows, reducing costs and increasing efficiency.
Intelligent Data Extraction
Template - Free Solution
With KlearStack, there is no need to create templates or define document structures in advance, as the software can intelligently understand and extract data from any type of document. KlearStack’s template-free solution leverages AI, NLP, and machine learning algorithms to recognize and extract relevant data fields, regardless of the document layout or format. This means that users can automate the processing of a wide range of documents, including invoices, purchase orders, receipts, and more, without the need for manual intervention or customization.
KlearStack's AI-driven Bill of Lading OCR
Cost Reduction
Reduce errors
Fraud Prevention
Improved Speed
(Cross) validating data
Data Validation and Quality Check
Extract key value information from your Bill of Lading such as carrier name, consignee details, product details, units, shipping date, amount etc. instantly. Validate and match this data with invoices, purchase orders or your company’s database to ensure maximum data accuracy and efficiency. Save enormous amount of time and cost for manual data validation with KlearStack’s AI-driven Bill of Lading Processing.
Out-of-the-box Integrations
Seamless Integration with Existing Systems
Out of the box integrations. Integrate seamlessly with RPA, SAP, Salesforce, and other APIs. With KlearStack’s intelligent automation capabilities, businesses can improve their Bill of Lading processing efficiency and accuracy, reducing errors and delays while ensuring compliance with industry standards.
How does Bill of Lading Automation Work Using KlearStack?
Frequently Asked Questions
Bill of Lading automation is the process of automating the capture, processing, and management of Bill of Lading documents using an automation software like KlearStack. This eliminates the need for manual data entry, reducing errors and increasing efficiency.
KlearStack uses its Cognitive Document Processing technology to extract relevant information from Bill of Lading documents. It applies intelligent classification to the documents, ensuring that the information is accurately captured. Once the information is extracted, it can be integrated with other systems or workflows for further processing.
KlearStack can extract various details from a Bill of Lading, such as the name and address of the shipper and consignee, description of the goods, the date of shipment, the carrier’s name, and the mode of transportation.
Yes, KlearStack can integrate with other systems such as ERP or TMS systems to automate Bill of Lading processing. This ensures that the information is seamlessly transferred between systems, reducing the need for manual intervention.
No, KlearStack’s Cognitive Document Processing technology can extract information from Bill of Lading documents with varying templates. The software can be trained to recognize different formats and templates, ensuring accurate data capture regardless of the document’s design.
