Applied AI for Finance in Global Shipping and Logistics

A leading European shipping company launched a project to automate core Finance processes with AI, including management of invoices across both Accounts Payable and Accounts Receivable. The project would be a business transformation, replacing manual work with a highly accurate, real-time process to fully audit each transaction against documentation including contracts, bills of lading, and tariff schedules.

OpenEnvoy was selected for its unique abilities to digitize clerical work with extreme speed and accuracy. These capabilities would help the company avoid losses, improve margins, and optimize cash flow.

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Shipping Use Case