Coforge brings in Quasar e-BOL

Coforge introduces Quasar e-BOL, a technology-agnostic cost-effective solution to digitize Bills Of Lading, giving carriers the unparalleled ability to streamline and automate the entire billing process, while reducing errors and rework.

Industry analysts and the Digital LTL Council evaluate 85% of all freight under management is still handled by non-standard paper BOLs and this leads to major problems with shipment visibility, errors, and restricts the ability to move freight and bill efficiently.

Sanjay Dalwani, Executive Vice President & Global Head of Transportation, Travel, and Hospitality at Coforge said, “The unstructured, highly diverse paper BOLs have created very manual processes to track, plan, and bill freight handling for decades and one of the toughest problems to solve in the logistics industry. Coforge’s Quasar eBOL is technology-agnostic, doesn’t come with high or open-ended license costs like typical software tools, and will give carriers immense value in automating and dynamically adjusting time critical decisions.”

Vic Gupta, Chief Technology Officer, Coforge, added, “Coforge Quasar is an industry agnostic platform that can be applied to many business functions with high accuracy to extract, ingest, pre-process, cluster, classify, etc. the unstructured data to structured data using modern micro-services architecture.” He added, “The toolkit and accelerator use AI technologies such as Computer Vision, Natural Language Processing (NLP), Natural Language Understanding (NLU), with fully consumable REST API to enable multiple use cases, scenarios and solutions.”