Lighthouz AI

Lighthouz AI: Revolutionizing Accounting for Freight and Logistics

What is Lighthouz AI? Lighthouz AI builds AI assistants specifically designed for the accounting teams of freight brokers, 3PLs (Third-Party Logistics), shippers, and manufacturers. Their flagship product, Light, is an AI Accounting agent that automates and optimizes accounts receivable (AR) and accounts payable (AP) processes.

How Does Lighthouz AI Work?

Lighthouz AI leverages advanced AI and machine learning algorithms to streamline financial operations within the supply chain. It integrates with existing systems like TMS (Transportation Management System), Payment Platforms, ERP (Enterprise Resource Planning), and WMS (Warehouse Management System). Here’s how it works:

• Invoice Audit Automation: Light intelligently audits invoices, ensuring accuracy and compliance.
• Data Entry Automation: Automatically enters invoice data, eliminating manual data entry.
• Invoice Creation Automation: AI creates invoices, reducing errors and saving time.
• Proof of Delivery (POD) Verification: Verifies carrier POD using AI, minimizing discrepancies.
• Freight Rate Verification: Automates freight rate verification, ensuring correct charges.
• Discrepancy Resolution: Coordinates with brokers and carriers to resolve invoice discrepancies.
• Automated Invoice Submission: Submits invoices via customer portals or email.
• Automated Payment Reminders: Sends payment reminders and follow-ups.

Key Features and Benefits

• Improved Cash Flow: Faster and more accurate AR processes ensure timely payments.
• Cost Reduction: Automation reduces manual labor, lowering operational costs.
• Increased Accuracy: AI-driven verification minimizes errors in AP and AR.
• Time Savings: Automating tasks saves over 4 hours per person per day, freeing up time for strategic activities.
• Seamless Integration: Integrates with existing tech stack, eliminating the need for system overhauls.

Who is Lighthouz AI For?

Lighthouz AI is ideal for:

• Freight Brokers: Streamlining financial operations and improving carrier relationships.
• 3PLs: Automating accounting processes for efficiency and accuracy.
• Shippers: Ensuring accurate invoicing and timely payments.
• Manufacturers: Managing complex supply chain finance operations.

Why Choose Lighthouz AI?

• Expert Team: Led by AI and machine learning experts with experience at Google, Stanford, and other top institutions.
• Proven Technology: AI systems already deployed at major companies like The Home Depot, Meta, and Flipkart.
• Future-Proof Solution: Reinventing supply chain finance operations with cutting-edge AI technology.

Lighthouz AI: Transforming Finance Operations

Lighthouz AI helps finance teams in the supply chain improve cash flow, reduce costs, and increase accuracy. By automating key processes and integrating with existing systems, Lighthouz AI allows companies to focus on strategic initiatives and drive business growth.

By choosing Lighthouz AI, businesses are investing in a future where accounting is streamlined, efficient, and powered by intelligent automation. This translates to better financial control, improved relationships with partners, and a stronger competitive advantage in the dynamic world of freight and logistics.

Best way to automate accounting in freight and logistics? Lighthouz AI automates invoice processing, reconciliation, and payment follow-ups, freeing up your team to focus on strategic tasks.