Transflo has introduced its new Transflo Intelligent Automation (TIA) suite of document automation services which provides carriers, brokers, factoring providers, shippers, and freight auditors with new tools to manage and process load documents and paperwork.
The company said in a press release that its TIA suite of services “significantly cuts the number of the days it takes to bill customers and receive payment for services rendered. TIA also minimizes hours spent by back-office personnel manually sorting and managing paperwork, ensures accuracy of document input, and eliminates tracking errors and the need for long-term paper document storage.”
Transflo said TIA extracts data from such digitized freight documents as Bills of Lading, Proof of Deliveries, freight invoices, maintenance reports, and Hours of Service logs. Document capture can be done quickly and easily by drivers on the road via the Transflo Mobile+ app or at the 2,500 truck stop locations in the Transflo Express network.
The extracted data is automatically processed and delivered to pre-selected fleet personnel and integrated into accounting, invoicing, maintenance reporting, and transportation management system (TMS) platforms.
Documents are then automatically classified and indexed, and then uploaded for long-term storage within a web-based dashboard, the Transflo Portal, which serves as a single point of contact for invoicing, settlements, driver tools, and integrations with TMS platforms.
With a cloud-based architecture, TIA leverages machine learning and robotic process automation to improve the automated data extraction and processing functions. Transflo noted that it is now processing tens of millions of documents per month, with the ability to scale to over ten times the current volume.
“Digital transformation is accelerating in transportation, and Transflo’s new Intelligent Automation platform gives trucking fleets, as well as shippers and brokers, the tools they need to digitize all of the documents associated with a load transaction and then automate the processes and workflows associated with those documents and data,” said Transflo Chief Operating Officer Don Burke.
With a cloud-based architecture, TIA utilizes machine learning and robotic process automation to improve the automated data extraction and processing functions. Today, Transflo is processing tens of millions of documents per month, with the ability to scale to over ten times the current volume.
By replacing manual processes performed by drivers and back-office personnel, TIA also allows carriers to invoice their customers more quickly, resulting in increased cash flow. Easily accessible digitized documents can protect and validate all parties’ charges, invoices, and payments during freight audits, the company stated. It also provides carriers, shippers, and brokers “access to reams of data about their businesses. Longer-term, this will drive insights into lane pricing, benchmarking, routing, and fuel optimization.”