Peruse offers AI-powered document review automation specifically designed for the transportation and logistics industry, achieving 97% accuracy in matching bills of lading, rate confirmations, and invoices. By processing tens of thousands of documents daily, the platform eliminates up to 90% of manual review, significantly reducing costs and minimizing fraud risks for factors, brokers, and shippers.
Funding
Funding not disclosed
Founders
Product
Problem
The transportation and logistics industry faces significant challenges in managing and processing large volumes of freight documents, including bills of lading, rate confirmations, and invoices. Manual review of these documents is time-consuming, costly, and prone to errors, leading to inefficiencies and potential fraud risks.
Solution
Peruse offers an AI-powered document automation platform designed to streamline document processing for the transportation and logistics sector. The platform uses machine learning models trained on millions of freight documents to automatically classify, extract data from, and match various document types with high accuracy. By automating these processes, Peruse eliminates the need for manual data entry, reduces operational costs, and minimizes the risk of fraud. The system integrates seamlessly into existing workflows via API, allowing users to leverage its capabilities without changing their current processes.
Target Audience
Peruse targets factors, brokers, shippers, and 3PLs (third-party logistics) companies within the transportation and logistics industry that handle a high volume of freight documents.
Features
- AI-powered document classification for over 50 logistics document types
- Automated data extraction from documents and emails with up to 99% accuracy
- Invoice matching with 97% accuracy for bills of lading, rate confirmations, and invoices
- Signature detection and image recognition for identifying stamps, overages, shortages, and damages
- Fraud prevention capabilities to detect tampered documents, fraudulent load numbers, and double brokering
- Plug-and-play API for integration with existing systems
- White-label interface option for embedding Peruse into existing platforms
- Support for various document formats, including PDF, XLS, PNG, and JPEG