International shipping requires processing vast amounts of documentation, including tax records, shipping contents, fueling charges, port authorizations, insurance records, and delivery manifests. The sheer volume of these documents, along with the need for accuracy, makes manual processing time-consuming, costly, and prone to errors. These inefficiencies can slow down operations, create compliance risks, and increase shipping costs.
Solution
Extract by Iterate.ai offers a powerful OCR (Optical Character Recognition) technology that automates the entire process of handling international shipping documents. Extract goes beyond simple document scanning by intelligently managing the entire document lifecycle—from scanning and identifying document types to extracting and structuring data for integration into back-end systems.
Industries
Logistics and Shipping: Automating the processing of shipping manifests, tax records, and port authorizations to enhance efficiency and compliance.
Retail and E-commerce: Managing international shipments more effectively by streamlining the documentation process and integrating real-time shipping calculations during the purchasing process.
Manufacturing: Processing international trade documentation, including fueling charges, insurance, and port authorizations, to expedite the shipment of raw materials and finished products.
Wholesale and Distribution: Handling bulk shipments across international borders with improved speed and accuracy through automated document processing.
Roles & Departments
Shipping and Logistics Teams: Benefit from automated processing of shipping manifests, tax records, and delivery manifests, reducing manual work and errors.
Compliance and Legal Teams: Ensure that international shipping documents are correctly processed and verified, meeting regulatory requirements and minimizing legal risks.
IT Departments: Integrate the OCR system with existing databases, ERP systems, and external APIs, ensuring seamless data flow and automation.
Operations and Supply Chain Management: Leverage real-time data extracted from shipping documents to optimize workflows, reduce delays, and manage inventory.
Customer Support Teams: Provide customers with accurate shipping timelines and costs early in the purchasing process, leading to higher customer satisfaction.
Benefits
Time and Cost Efficiency: Automating the processing of shipping documents reduces the time and labor involved in manual data entry, speeding up operations and cutting costs.
Improved Accuracy: OCR technology ensures that data is extracted and structured accurately, minimizing errors and reducing the risk of delays or compliance violations.
Seamless Integration: The extracted data is easily integrated into existing ERP systems and databases, improving workflow automation and operational efficiency.
Real-Time Shipping Calculations: By integrating with shipping brokerage APIs, customers receive accurate shipping rates and timelines during the purchasing process, improving their experience and reducing unexpected costs.
Scalability: The OCR Suite can be scaled across multiple locations, ensuring that international shipping documentation is processed consistently and efficiently across global operations.
Summary
Extract transforms international shipping by automating the processing of complex documentation, improving operational efficiency, and ensuring compliance. By leveraging AI-driven document recognition and data extraction, the system reduces manual labor, improves accuracy, and integrates seamlessly with existing systems. This allows companies in logistics, retail, and manufacturing to streamline their international shipping processes, reduce costs, and enhance customer satisfaction through real-time shipping calculations and accurate documentation management.
