(CHICAGO) — April 21, 2020 — HubTran, the transportation industry’s leading back-office automation platform, today announced a partnership with Freight Management Systems (FMS), an industry-leading transportation management system (TMS) provider. The partnership allows FMS’s customers to easily automate the manual back-office processes associated with managing documents.
Working in conjunction with FMS, HubTran leverages OCR (optical character recognition), artificial intelligence (AI), and machine learning (ML) technologies to simplify accounting and back-office processes, resulting in a drastic reduction in operating costs and maximum cash flow. HubTran and FMS LOADPlus Pro customers will realize three key benefits from this new integration:
- Using artificial intelligence and optical character recognition, HubTran will automatically scan, categorize, group, and audit incoming documents from carriers, and then automatically assign them to the correct load in LOADPlus Pro.
- By eliminating manual and error-prone processes, HubTran will reduce the time that back-office staff spends processing invoices and managing documents by over 80%, while delivering greater accuracy.
- HubTran will learn and apply customers’ unique business rules and proactively alert users to exceptions between TMS data and the load documents received by carriers.
“We’re proud to serve FMS’s loyal and growing customer base. With the HubTran-LoadPlus integration, FMS brokers now have the ability to process payables four times faster, with improved accuracy and cash flow,” said Matt Bernstein, CEO of HubTran. “Because HubTran and FMS are both cloud-based, our customers have the flexibility and resiliency to manage their payables from anywhere at any time.”
Recently, Freight Management Systems unveiled LOADPlus Pro, a web-based cloud TMS solution for transportation companies needing an integrated back-office solution. Uniquely positioned to serve the brokerage industry’s untapped market of $5 million to $100 million companies, their new TMS is made with an open API to extend and function within any brokerage operation. The product includes dispatch and full accounting, as well as analytics, that are integrated and streamlined into an easy-to-use, web-based package.
“In this uncertain climate, companies want to work faster, smarter, and safer, which is exactly what our integration with Hubtran enables our customers to do,” said Henry Sheldon, President of Freight Management Systems. “Our partnership saves our customers valuable time otherwise spent searching for documents, now that HubTran automatically pulls documents and drops them into their LOADPlus Pro TMS, while simultaneously flagging possible document gaps.”
To learn more about the integration between HubTran and FMS, register here for their complimentary Virtual Lunch & Learn event on Tuesday, April 28th, at 12:30pm ET.
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.
Vice President, 3PL and Brokerage
About Freight Management Solutions:
Freight Management Systems (FMS), an industry-leading logistics software and services provider, has been developing software for the transportation logistics industry since 1986. The company’s flagship product, LOADPlus Pro, is a transportation-management system designed to increase efficiency by integrating the most important back-office functions into one package. For the latest company news, follow Freight Management Systems on LinkedIn and read their Blog.