Document Understanding for the Modern Supply Chain
Despite advances in electronic data interchange, over half of carriers still operate through paper-based processes. Trax's AI Extractor addresses this challenge by moving beyond traditional OCR to introduce genuine document understanding capabilities.
Beyond OCR: True Document Intelligence
Traditional OCR technology merely identifies where information is located without comprehending context. In contrast, our AI Extractor:
- Understands document concepts and their relationships
- Comprehends document structure across various formats and layouts
- Recognizes contextual meaning in freight documentation
- Translates and normalizes extracted information into our standardized data model
- Captures more complete backup data than traditional OCR or even EDI solutions
With 98% extraction accuracy across complex freight documents, the AI Extractor dramatically outperforms conventional OCR solutions for transportation documentation.
Optimized for Critical Freight Documents
Our AI Extractor has been specifically designed for the most challenging document types in freight management:
- Invoices and PDF/Paper Documents: Efficiently process documentation from the more than 50% of international carriers that prefer to operate through non-electronic methods
- Rate Contracts: Extract meaningful data from complex documents like multi-page carrier agreements that previously required extensive manual extraction
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Intelligent Processing with Human Oversight
AI Extractor creates a continuous learning cycle that improves accuracy over time:
Multi-Model Analysis employs specialized language models tailored to specific document types
Confidence Scoring identifies uncertainty in extraction results
Targeted Human Review directs staff attention only to fields with low confidence scores
Learning Feedback Loop incorporates human corrections to improve future accuracy
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Operational Efficiency & Cost Reduction
By implementing the AI Extractor, your organization gains significant advantages:
- Significantly reduced document receipt to ingestion time
- Improved data consistency across operations
- Faster carrier onboarding for quicker time-to-value
- Makes paper a reliable source of invoice data without requiring separate soft copy processes
Enhance Your Freight Document Processing
Contact our team to see how AI Extractor can improve your freight document processing workflow.
Frequently asked questions
The AI Extractor is optimized for critical freight documents including invoices, PDF/paper documents, and complex rate contracts. It's specifically designed to handle documentation from carriers using non-electronic methods and can process multi-page carrier agreements that traditionally required extensive manual extraction.
Unlike traditional OCR which merely identifies where information is located, AI Extractor delivers true document understanding. It comprehends document concepts and their relationships, understands structure across various formats, recognizes contextual meaning in freight documentation, and translates extracted information into our standardized data model. This results in more complete data capture than conventional OCR or even EDI solutions.
Yes, AI Extractor was developed specifically to address the challenge that over 52% of carriers still operate through paper-based processes. It efficiently processes invoices and documentation from non-electronic sources, making paper a reliable source of invoice data without requiring separate soft copy processes.
AI Extractor's human oversight creates a powerful feedback loop that continuously improves accuracy. The system uses confidence scoring to identify uncertain extraction results and directs staff attention only to these specific fields. When human reviewers correct these fields, the system incorporates these corrections into its learning model. This targeted approach means the AI learns from human expertise in the most challenging cases, becoming progressively more accurate with each document processed. As the system improves, it requires less human intervention while maintaining 98% extraction accuracy, creating an optimal balance of efficiency and precision that evolves with your specific document patterns.