Comparing two laytime statements requires time, expertise, and attention to detail while working in a fast-paced, demanding environment. The ease with which a mistake can be made compounds the financial risk of missing something. Small mistakes can result in thousands or tens of thousands of dollars of loss.
Audit AI is an AI-powered tool that revolutionizes the laytime settlement process. The system digitizes laytime calculations produced from any system and delivers a side-by-side comparison in seconds. This allows a user to quickly and easily spot discrepancies and communicate those to their counterparty for fast resolution.
Audit AI is trained on one of the broadest and deepest data sets of demurrage calculations in the industry.
Spend 90% less time checking laytime statements and settle claims more accurately and faster with Audit AI.
Reduce the friction of creating a laytime calculation by uploading, digitizing and importing a third-party laytime calculation directly into your system.
Audit AI highlights differences between any two laytime calculations with a side-by-side, line-by-line comparison, increasing accuracy and reducing demurrage risk.
The Audit AI produces a Laytime Audit Statement which illustrates the differences between you and your counterparty's laytime calculations for fast and easy resolution.