© 2022 TechSera Inc.
A bill of lading is a document in the supply chain and logistics industry. TechSera's electronic bill of lading enables logistics, 3PLs, freight forwarders, and carriers to digitize transfer of ownership of the bill of lading via a cloud based secure application. x.BOL digitizes the core functionality of a paper bill of lading and maximizes its capability making it a smart bill of lading. A smart bill of lading can be electronically signed and its ownership can be legally transfered.
Chargebacks are a $40 billion problem in the industry. This problem impact every business owner’s bottom line. It's a complex problem with multiple factors. One contributing factor is the delay in transmitting shipment data which can result recurring chargebacks. Using x.BOL bill of lading information is available in real time so that shippers can pre-plan their shipments. The real time access provided by x.BOL prevents inconvenience, frustration, and unnecessary overhead costs to the shipper.
x.BOL gives logistics providers the ability to handle their bill of lading documents and manage shipments directly from a mobile app. A shipper can hand over ownership of the BOL to a freight forwarder or carrier immediately after both the parties electronically sign the document. The signed document is updated and saved. The x.BOL mobile app is used to capture shipment tracking information and proof of delivery once customer's order arrives.
An electronic BOL gives shipment details to carriers prior to pick-up. The operational benefit of advanced notice is that carriers can make sure that their vehicle has enough capacity for the load. It also prevents billing errors and avoids misrouting. Carriers can optimize higher cube loads if they have advanced notice of the LTL details. Additionally, the shipper has the real-time visibility on the delivery status of every load.
© 2022 TechSera Inc.