WiseTech Global buys data entry automation business Shipamax

WiseTech Global, the developer of logistics execution software CargoWise, announced the acquisition of Shipamax, the provider of data entry automation software for the logistics industry.

“Founded in 2016 and headquartered in the United Kingdom, the Shipamax platform focuses on document data extraction and automating the full operational workflow. Shipamax uses AI and machine learning to convert unstructured data (e.g. PDFs, scans, images) direct from various sources, including emails, into machine-readable formats. The data is then used to automate manual tasks such as creating and managing forwarding and customs brokerage jobs and processing accounts payable invoices,” says a release from WiseTech.

Originally published at https://www.logupdateafrica.com on November 2, 2022.