Covantis launched QuickDocs, an AI-powered solution that checks shipping documents against key trade requirements, including letters of credit, documentary instructions, and contracts.
“QuickDocs is our first production AI application solving real problems thanks to the massive leap and advancement of AI models. No matter the size of the company or industry, you are always confronted with the need to ensure that the documents you present to your buyer or bank are compliant with the requirements. QuickDocs does this in a few minutes, saving at least 75% in time, errors, or delays,” says Petya Sechanova, CEO of Covantis.
Key takeaways:
· QuickDocs automates document checks and surfacing discrepancies before submission.
· Its AI engine compares extracted values from bills of lading, certificates, and other documents against contractual requirements, helping companies deliver accurate documents presentations to banks and buyers.
