PORTLAND, Ore., Nov. 28, 2017 (GLOBE NEWSWIRE) — Transportation and logistics companies can automate up to 90 percent of the paperwork associated with accounts payable, accounts receivable, and other business-critical tasks. The automation is facilitated by HubTran document management capabilities that are now integrated with the DAT Keypoint transportation management system (TMS). The integration, announced today by DAT Solutions, makes the HubTran automation available on request to DAT Keypoint customers, with no additional software or installation required.
HubTran uses optical character recognition and artificial intelligence to “read” incoming documents, such as bills of lading, proofs of delivery, and carrier invoices. HubTran matches these documents automatically to the corresponding customer orders and carrier rate agreements in DAT Keypoint, a TMS designed specifically for freight brokers. The matched carrier invoices are ready for aging in Keypoint, and all documents are tagged, stored and retrievable.
Any exceptions are flagged by HubTran, which provides a workflow for back-office personnel to resolve any outstanding issues with the carrier. Because human intervention is required on an exceptions-only basis, the integration of HubTran with Keypoint enables the freight brokerage to improve accuracy as well as productivity.
“DAT is committed to giving our customers access to the best tools, so they can be efficient and successful,” said Steve Blair, general manager of DAT Keypoint. “The integration of HubTran with Keypoint is essential because it supports the kind of back-office productivity that’s critical to eliminating cost, accelerating cash flow, and enabling the business to grow,” Blair said.
“HubTran is proud to bring these efficiencies and cost savings to freight brokers,” said Matt Bernstein, CEO of HubTran. “The integration with Keypoint will make this functionality available and easy to incorporate into the freight broker’s work processes, so they can realize efficiencies immediately.”
DAT operates the largest truckload freight marketplace in North America. Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 177 million forecasted freight matches in 2017, and a database of $33 billion of market transactions. Related services include a comprehensive directory of companies with business history, credit, safety, insurance and company reviews; broker transportation management software; authority, fuel tax, mileage, vehicle licensing and registration services; and carrier onboarding.
Founded in 1978, DAT Solutions, LLC is a wholly owned subsidiary of Roper Technologies (NYSE:ROP), a diversified technology company and constituent of the S&P 500, Fortune 1000 and Russell 1000 indices. https://www.DAT.com
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HubTran has sparked a back-office revolution by replacing old-school systems with automation to efficiently process invoices, bill customers, and manage documents. The company does it with enterprise-grade software using optical character recognition and artificial intelligence that’s smart, easy, and affordable. HubTran 3PLs and factors work 4x faster with better cash flow and incredible accuracy.
HubTran recently earned a spot on FreightWaves’ Top 25 most innovative companies list. Other awards include the Harvard Business School New Venture Competition, Chicago Innovation Award, and Executives’ Club of Chicago Innovator of the Year. The most important reviews come from HubTran customers who can’t say enough about product performance, minimal startup time, and excellent customer service.