Machine Learning

OpenEnvoy partners with CMA CGM on AI Freight Audit

OpenEnvoy, a leading provider of Accounts Payable (AP) automation solutions, is pleased to announce its partnership with CMA CGM, one of the world’s largest and most respected shipping lines. This collaboration will enable CMA CGM to provide even better customer service through the use of OpenEnvoy’s cutting-edge technology for real-time freight auditing.

OpenEnvoy’s platform uses artificial intelligence and machine learning to analyze invoices and other financial documents in real-time, identifying errors, discrepancies, and opportunities for cost savings. By integrating this technology into their existing processes, CMA CGM is able to streamline their freight audit workflows, reduce manual effort, and ensure greater accuracy in their billing and payment processes.

“We are thrilled to be working with CMA CGM, a company known for its commitment to innovation and excellence,” said Matthew Tillman, CEO of OpenEnvoy. “Our platform is designed to help businesses like CMA CGM save time and money while improving their overall financial operations. We look forward to helping them deliver even better service to their customers.”

The partnership between OpenEnvoy and CMA CGM represents a significant step forward in the use of AP automation technology in the shipping industry. With OpenEnvoy’s expertise in real-time freight auditing, CMA CGM can eliminate costly disputes and claw back procedures and continue to provide efficient, accurate, and reliable services to its clients.

“The intricate landscape of financial operations at CMA CGA, a global player in sea, land, air, and logistics solutions, conducting business across 160 countries and with thousands of partners, compelled me to seek an AI technology solution that could scale and adapt with our ever-changing requirements,” said Rafaela Nunes, Senior Director of Technology Innovation & Data Strategy at CMA CGM America. “We selected OpenEnvoy because of its advanced AI/ML platform that processes large volumes of documents with complex freight reconciliation in real-time, accurately at scale like no other vendor can.”

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