Aljex Software Case Studies NFI Builds Bandwidth With HubTran, a Case Study

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	NFI Builds Bandwidth With HubTran, a Case Study Aljex Software

NFI Builds Bandwidth With HubTran, a Case Study

Aljex Software

Technology Category	Analytics & Modeling - Machine Learning Platform as a Service (PaaS) - Data Management Platforms
Applicable Functions	Logistics & Transportation Procurement
Use Cases	Process Control & Optimization Supply Chain Visibility
Services	Cloud Planning, Design & Implementation Services Data Science Services
Challenge	NFI Industries, a top-rated supply chain solutions provider in North America, was experiencing rapid growth in its brokerage division. The company was handling an increasing volume of transactions, which was putting a strain on its Freight Bill Audit (FBA) group. The FBA group was responsible for auditing and paying freight bills from five divisions of NFI. The challenge was to increase the FBA's capacity to handle the growing back-office volume without adding more staff. The company needed a solution that could efficiently process and verify data from various documents and forms related to each load. Read More
About Customer	NFI Industries is a leading supply chain solutions provider in North America, with annual billing of more than $1.1 billion. The company's brokerage division was launched in 2008 and has grown to 80 employees in four locations as of March 2016. The brokerage moved 105,000 shipments at about $100 million in revenue in the previous year. David Broering, Senior Vice-President at NFI, oversees the brokerage group, as well as NFI’s Transportation Management and Drayage divisions, and the FBA Group, a unit that audits and pays freight bills. Read More
Solution	NFI decided to implement HubTran, a cloud-based platform that uses optical character recognition and artificial intelligence technology to scan, categorize, and extract key data from various documents and forms. The system recognizes documents in any format from any company and links related documents to each other and to their correct load. HubTran then verifies the data according to the customer's procedures, comparing quoted and billed rates, for example. If everything checks out, HubTran presents the bill for payment approval. The solution integrates with NFI's Transportation Management System (TMS), Aljex Software, allowing for seamless data processing and verification. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Machine Learning

Platform as a Service (PaaS) - Data Management Platforms

Applicable Functions

Logistics & Transportation

Procurement

Use Cases

Process Control & Optimization

Supply Chain Visibility

Services

Cloud Planning, Design & Implementation Services

Data Science Services

Challenge

NFI Industries, a top-rated supply chain solutions provider in North America, was experiencing rapid growth in its brokerage division. The company was handling an increasing volume of transactions, which was putting a strain on its Freight Bill Audit (FBA) group. The FBA group was responsible for auditing and paying freight bills from five divisions of NFI. The challenge was to increase the FBA's capacity to handle the growing back-office volume without adding more staff. The company needed a solution that could efficiently process and verify data from various documents and forms related to each load.

About Customer

NFI Industries is a leading supply chain solutions provider in North America, with annual billing of more than $1.1 billion. The company's brokerage division was launched in 2008 and has grown to 80 employees in four locations as of March 2016. The brokerage moved 105,000 shipments at about $100 million in revenue in the previous year. David Broering, Senior Vice-President at NFI, oversees the brokerage group, as well as NFI’s Transportation Management and Drayage divisions, and the FBA Group, a unit that audits and pays freight bills.

Solution

NFI decided to implement HubTran, a cloud-based platform that uses optical character recognition and artificial intelligence technology to scan, categorize, and extract key data from various documents and forms. The system recognizes documents in any format from any company and links related documents to each other and to their correct load. HubTran then verifies the data according to the customer's procedures, comparing quoted and billed rates, for example. If everything checks out, HubTran presents the bill for payment approval. The solution integrates with NFI's Transportation Management System (TMS), Aljex Software, allowing for seamless data processing and verification.

Impact #1	HubTran's solution has allowed NFI to expand its volume without having to add headcount.
Impact #2	The system has improved the efficiency of the FBA group by automating the process of scanning, categorizing, and extracting key data from various documents and forms.
Impact #3	HubTran's solution has also improved transparency and communication with carriers by making payment information readily available.

Impact #1

HubTran's solution has allowed NFI to expand its volume without having to add headcount.

Impact #2

The system has improved the efficiency of the FBA group by automating the process of scanning, categorizing, and extracting key data from various documents and forms.

Impact #3

HubTran's solution has also improved transparency and communication with carriers by making payment information readily available.

Benefit #1	NFI was able to handle double the invoices at nearly half the cost.
Benefit #2	The company was able to pay carriers quicker, reducing the payment processing time.

Benefit #1

NFI was able to handle double the invoices at nearly half the cost.

Benefit #2

The company was able to pay carriers quicker, reducing the payment processing time.

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Overview

NFI Builds Bandwidth With HubTran, a Case Study

Operational Impact

Quantitative Benefit