Duke AI provides automated invoicing, bookkeeping, and payment processing for owner-operators in the trucking industry using AI agents that perform real-time audits and billing tasks. This technology eliminates manual data entry errors and accelerates cash flow, addressing the inefficiencies and fraud risks faced by freight brokers and carriers.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GFFounders
Product
Problem
Freight brokers, carriers, and factoring companies face challenges with manual data entry and inspection of invoices, leading to errors, increased exposure to fraud, and reduced cash flow. The traditional invoicing process is time-consuming and prone to inaccuracies, impacting profitability and operational efficiency.
Solution
Duke AI offers an AI-powered platform that automates invoicing, auditing, and payment processing for the trucking industry. The platform uses AI agents that operate in real-time to accelerate billing tasks and provide zero-touch invoice processing. By automating these processes, Duke AI helps to protect against fraud and errors, reclaim time and effort, increase transactional volume, and accelerate payments. The system extracts data from emailed load documents, completes audits, generates fraud risk scores, and creates accounting entries in the user's accounting or TMS software.
Target Audience
Duke AI targets freight brokers, carriers, and factoring companies in the trucking industry seeking to automate invoicing, audit, and payment processes.
Features
- AI-powered agents for real-time auditing and billing
- Automated data extraction from emailed load documents
- Fraud risk scoring based on multiple data points
- Integration with accounting and Transportation Management Systems (TMS)
- Automated creation of accounts payable (AP) and accounts receivable (AR) entries
- Mobile bookkeeping application