Mely.ai offers an AI-powered Smart Extraction engine that automates the extraction of key data from various international trade documents, achieving 99% data accuracy and processing speeds of 15 seconds per page. This technology addresses the inefficiencies of manual document processing, enabling companies to save up to 80% in operational time and costs while enhancing productivity and data transparency.
Funding
$250K 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.
Founders
Product
Problem
International trade and logistics companies face significant challenges in manually processing large volumes of documents, leading to inefficiencies, errors, and increased operational costs. Extracting key data from diverse document formats and languages is time-consuming and prone to inaccuracies.
Solution
Mely.ai offers an AI-powered Intelligent Document Processing (IDP) platform that automates data extraction from various international trade documents. The platform uses advanced AI and machine learning algorithms to achieve high accuracy and speed, processing documents in approximately 15 seconds per page. Mely.ai's solution eliminates the need for manual data entry, reduces operational costs, and enhances data transparency. The platform is designed to be flexible, handling various document types, templates, languages, and formats without requiring pre-training.
Target Audience
Mely.ai targets customs brokers, freight forwarders, transporters, logistics providers, compliance teams, terminal operators, and port authorities involved in international trade and supply chain management.
Features
- AI-powered Smart Extraction engine for automated data capture
- Achieves 99% data extraction accuracy and over 95% structuring quality
- Processes documents at a speed of 15 seconds per page
- Supports any document type, template, language, and format
- API-ready for seamless integration with CMS, TMS, ERP, CRM, and other operational systems
- User-friendly, no-code interface for easy configuration and customization
- Automates document classification, customs declarations, duty calculations, and compliance checks
- Provides 100% data transparency for informed decision-making