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Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

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Accelerating Invoicing and Revenues for Leading Transportation Companies Using FlexiCapture Simon Jones VP, Client Experiences © ABBYY Confidential
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Page 1: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

AcceleratingInvoicing

andRevenuesfor

LeadingTransportation

CompaniesUsing

FlexiCapture

SimonJones

VP,ClientExperiences

©ABBYYConfidential

Page 2: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

ThePlayers

©ABBYYConfidential 2

• Shipper

• Consignee

• FreightForwarder

• ThirdPartyLogistics

• AirfreightCarriers

• InterModal Carriers

• OceanFreightCarriers

• TruckingCompanies

• CustomsBrokers

• PortOperators

• Owner/Operators

• ContainerOperators

Page 3: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

GlobalShippingMarket

• Ravagedoverthelasttenyearsbycollapsingrevenues,tradeshifts,financialcrisesandmergers

• Majorplayershavebeeninseriousfinancialtrouble,mostrecentfailurewasHanjin ShippingbasedoutofSouthKorea

• Industryhasseenandcontinuetoseeanumberofdefensivemergers

• Sensors,largerandsmartervesseltechnologiesgrabtheheadlines

• InteractionbetweenShippers,Customersandotherkeyplayersislaggingfarbehindwithintheindustry

• Recentshiftstoprovidemoretransparencyhaveledtomassiveinvestmentintechnologytostreamlineinteractionsandcreatedifferentiators

©ABBYYConfidential 3

Page 4: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

©ABBYYConfidential

CaseStudy

Page 5: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

Fullservicetransportationproviderwithover6,000Tractorsand22,000Trailers

Family Ownedwithover13,000employees

Over220terminallocationsintheUSHeadquarteredontheEastCoast

TheCompany

Page 6: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

40,000,000+DocumentsperYear

ComplexShippingDocumentswithMultiple Versions

CentralizedReviewProcess

thatcausesdelayswheneverissues

arefound

EveryMinutespentprocessingorreviewingcan

delaytheshipmentorthecustomerinvoice

TheProblem

Page 7: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

DecentralizedEnvironment

220+Locations

VastrangeinLocationsizes

Page 8: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

DocumentTypes

Page 9: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

TheData

PRO&BOLNumberBarcodesStoreTripDate

BillOfLading(BOL)Single/Multiple

DeliveryReceiptsClaimsDocuments CustomsClaimsDocuments

InspectionReports PricingContracts TimeCriticalDocuments

DeliveryReceiptManifest

PRONumber

PRONumber

PRONumberDocumentType

ClaimNumber

ContractNumber4848NumberEffectiveDatePricingAnalystAccountExecutive

AccountNameAccountNumber

PRONumber

Page 10: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

ReplaceInefficientCentralizedProcesseswithLocationbased,efficientscanningand

verification

NO StaffIncreasesand

re-useresourcesineachoftheterminals

OutdatedandUnscalable imaging

systemconnectedtoan

IBMAS400Mainframe

BusinessChallenges

Page 11: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

ProofofConcept

DeliveryReceiptsplusBillOfLading

ReviewofCompetitiveProducts

VendorSelection

BusinessRequirementsGathering

LayoutDevelopment

InfrastructureBuild

IntegrationtoEnterpriseServiceBus

IntegrationTesting

UserAcceptanceTesting

PilotTerminals

PhasedRolloutto30-35Terminalsperphase

TargetCompletionbyEndof2016

TheApproach

Phase

2Phase

3Phase

4Phase

5Phase

1

Page 12: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

DocumentProcess&GatherDetailedRequirements

DivideProjectintoSpecificDocument

types,Gathersamples&Develop

Flexi-Layouts

Buildoutofinfrastructure,

Development,UATandProductionEnvironments

ThoroughQAtesting,proveoutinpilotterminalsandthenfull

rollout

ProjectStrategy

Page 13: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

Whatdiditlooklikebefore?

Page 14: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

TheSolution

Page 15: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

FlexiLayout DevelopmentandInfrastructureBuildcomplete

TheResults

Pilotlocationsimplemented,testedandprocessesconfirmed

Phasedrolloutunderwayand70%oflocationsrunninginproduction

RollouttargetcompletionendQ4

Page 16: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

TheOpportunities

©ABBYYConfidential 16

Onboarding

PriceListsContractsDriversContractResources

Increasedspeedtoonboardingdriversandcustomers

ShippingDocuments

BillofLadingProofofDelivery

Datacapturetoincreasespeedofinvoicingandprovidemorevisibility

CustomsBrokerage

CommercialInvoices

IncreaseinprocessingspeedtofileCustomsDocumentswithUSandCanadianCustoms

Invoicing

Vendorinvoices

Capturingvendorinvoicestoaidmatchingandpayment

Page 17: Accelerating Invoicing & Revenues in Transportation with ABBYY Flexicapture at #ABBYYSummit16

Questions

©ABBYYConfidential 17


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