86% of Logistic Companies Suffer Losses during Customs Clearance
The number of participants exceeded the expected list twice and included many major national and international shipping, logistics, freight forwarding, retail and distribution companies, as well as Government bodies. All the visitors shared the same interest — how to automate declaration and invoice processing for the Dubai Customs clearance system eMirsal. Aberdeen Group research and ABBYY regional analytics show that 86% of Customs Clearance and Accounts Payable departments still process invoices manually. "There's a big demand in the logistics industry to improve productivity right across their operation. The area of invoice processing and customs declarations has been much neglected - in most companies it's been running the same way since the introduction of PCs in the 1980's. Clients are realizing that with specialist providers like ABBYY and ATMS they can reduce costs by 90% whilst reducing errors and speeding up their business," Steve Cross, CEO of ATMS Group, commented on the feedback of the audience.
Companies were informed about the invoice capture automation solution and could see the ROI on case studies and the whole invoice processing chain from scanning to export into eMirsal in a live demo project. “Last year we launched a specialized business-ready solution for automating invoice capture – ABBYY FlexiCapture for Invoices. Crucial difference between this product and other data capture solutions is in the built-in country-specific settings and validation rules for invoices as well as the flexibility to adapt to particular business needs and future changes. The technology has already proved itself highly efficient in a number of logistics projects across the region, like Dubai customs clearance automation for Hellmann, for example,” explains Igor Shkamratov, Business Development Director, Middle East and Africa, ABBYY.
"The seminar was extremely well attended. Thus, we are working closely with ABBYY to provide more training sessions and workshops in the region, and are planning a further top level seminar in September," summed up Steve Cross.
About ABBYY
ABBYY is a leading global provider of technologies and solutions that help businesses to action information. The company sets the standard in content capture and innovative language-based technologies that integrate across the information lifecycle. ABBYY solutions are relied on to optimize business processes, mitigate risk, accelerate decision making and drive revenue. ABBYY products are used in large-scale projects such as Kuwait’s National Cencus and censuses in other countries of the regions, Lithuanian Tax Inspectorate, e-government portal in Vietnam, Presidential elections in Chile and more. ABBYY OCR applications are shipped with equipment from the world’s top manufacturers such as Epson, Fujitsu, Fuji Xerox, Avision, Panasonic, Toshiba, and Xerox. The company maintains offices in Australia, Canada, Cyprus, France, Germany, Japan, Russia, Spain, Taiwan, UAE, the UK, Ukraine, and the United States. For more information, visit www.ABBYY.com.
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