Today we can do a lot to optimize work processes, as one of them is the implementation of automatic solutions for document processing. Solutions such as bill of lading ocr are a proof that we can easily optimize data extraction – a key process for any business. The principle of this revolutionary technology and intelligent, as it can also learn itself and has scalability as well.
For that reason, more and more company owners (small, medium and large|) decide to use it in the process of accounting work – over time great results such as increased accuracy, improved database and less salary expenses are achieved. SmartSoft’s software development is also suitable for extracting data from bills of lading containing essential information related to supplier names, type and number of goods being transported, etc.
What do we need to know about HRM in bill of lading processing?
Software tools such as bill of lading OCR are high-tech solution that is widely used in modern business. Bill of lading (BOL) processing is defined as a complex and responsible process that is at the same time prone to errors. Such mistakes can cost a lot of money to the company, which means that it is good to prevent them by using technology to improve the quality of the work. SmartSoft’s automatic data extraction software is characterized by the following:
- optical character recognition is the technology which you will open a level page of your business history with – OCR for bill of lading will improve the efficiency in processing this type of documents, the information in which must be described in the most correct way possible. Otherwise, it may be the cause of material losses, which, however, can be prevented with SmartSoft’ software;
- no more manual processing and wasting valuable time – the workflow is often considered inefficient because all documentation must be handled by hand. Piles of documents, long hours in information extraction and archiving, sorting – all these steps can be completed with the help of software such as SmartSoft with which even working with bills of lading will be an easy task to implement;
- successful processing of documents with a clear structure and with an unstructured layout – no matter what type of document it is, the bill of lading OCR technology will handle perfectly in any situation. The results will be increased accuracy, speed in processing and more time for employees who can now deal with other activities and not only with extracting information from company documents;
- no more risk processes – some administrative tasks such as processing bills of lading are rightly defined as a “risky process” for a number of reasons. In order for the logistics process to be optimized at all levels, it is important to focus on automation – SmartSoft’ software solutions will streamline work processes and the documents accompanying the transported goods (BOL) will be adequately prepared. Since bills of lading have legal weight, it is important that they are 100% reliable;
- extracting information from scanned documents – even if it is about image type documents (scanned) the optical character recognition technology will convert the file into an electronic readable version. This way, information will be much easier to extract and process, and then archive. The last step is key to business, because when information is properly managed, it will enable the preparation of detailed business analyzes and strategies.
Logistical problems can be easily avoided if you rely on automations for intelligent data extraction. They work thanks to AI and their ability to self-improve thanks to user feedback. With such developments, managing the flow of information is a process that can run smoothly and without complications. Choose SmartSoft for your business and improve accuracy and speed in bill of lading processing.
What are the advantages of technology?
The advantages of optical character recognition in the logistics sector are numerous. The biggest advantage of the technology is the accuracy with which it extracts the data from high-value international documents. This is a huge advantage for the logistics activity, which is dynamic and rapidly developing, and at the same time highly competitive.
The OCR software of the supplier’s manual processes will be replaced by automation, the reliability of the trade information will be improved, and even the scanned documents will be easily transformed into digital formats. With such an opportunity it will not be necessary to hire many people to perform all these steps – SmartSoft’s software solutions are effective enough to reduce salary costs, and at the same time improve the quality of work in the logistics department.
Conclusion
We live in a world of rapidly developing technologies in which digital progress is becoming more and more tangible. Technologies for the automatic processing of logistics information are a must have – with them, every activity on the processing of bills of lading will be optimized and executed in short terms.
