A decade ago, Optical Character Recognition (OCR) and basic machine learning were cutting-edge. Today, they fall short. Even with substantial investment in AR/AP technology, over 30% of invoices still require manual intervention, creating a bottleneck that forces businesses to scale by hiring more staff rather than improving efficiency. For instance, most freight brokers rely on outdated tools that automate just 70% of payments, leaving 30% to manual teams of 5–10 people.
This reliance on manual processes results in hundreds of hours of labor and increases the risk of human errors. 20-25% of invoices contain errors due to manual processes. These errors can have a substantial financial impact, with companies losing 2-5% of gross revenue—equating to millions of dollars for businesses generating $100M or more annually.
Many accounting departments find themselves paying for expensive technology solutions while still maintaining large teams dedicated to operational support, undermining the return on investment.
As an industry veteran with nearly a decade of experience in supply chain and finance—including seven years at Boston Consulting Group—I’ve observed these challenges across hundreds of clients. Later, as the founder of a transportation company, I experienced the same inefficiencies firsthand. Despite efforts to streamline operations, the available solutions often relied on outdated systems and required hiring additional staff to keep up with demand.
While larger enterprises could afford partial automation through tools like Robotic Process Automation (RPA), these solutions remained inaccessible to small and mid-sized businesses. This left many companies stuck with inefficient, manual workflows, unable to scale effectively or compete in a rapidly evolving market.
What Makes Us Truly Different
To unlock the full potential of AI and large language models, we need to change how we think about technology. AI agents aren’t just static tools we buy to solve business problems; they are your digital workforce—equivalent to employees—custom-trained to manage your specific manual tasks with precision.
Mentium uses AI agents to handle the 30% of exception invoices, minimize human errors, and eliminate revenue leakage. By embedding both our technology and account management support, we achieve 99% automation within 2 months of implementation. Using our proprietary technology, whenever an exception arises, our team creates an AI agent to eliminate manual intervention forever. Our enterprise-ready AI agents are designed to handle any manual task and can be deployed in as little as five minutes without needing extra IT support.
This allows our customers to focus their accounting teams on more strategic initiatives, eliminate payables/receivable errors, and, most importantly, scale with growth.
As freight brokerage companies bring on more customers, carriers, and transactions, the solution has traditionally been to hire more staff. By adding Mentium AI, you unlock unlimited growth without waiting for your payables partner to build new connections or add additional staff. Since everything is powered by AI Agents, we can support accounting teams at < 30% of the cost you are paying today.
New Age of Data Processing and Automation
Benefits of Mentium AI Agents
Challenges
Unlock unparalleled efficiency and insights with Mentium's cutting-edge AI for invoice auditing and beyond:
Unmatched Efficiency and Cost Savings: Process invoices 24/7 with AI-driven automation, slashing processing times by up to 80% and cutting operational costs.
Superior Accuracy and Fraud Detection: Advanced algorithms identify patterns and anomalies with precision, minimizing errors and uncovering potential fraud.
99% Automation of Manual Processes: Eliminate repetitive tasks and free your team to focus on strategic priorities.
Enhanced Supply Chain Insights: Leverage real-time data analysis for improved visibility and smarter, faster decision-makin.
Learn more about Mentium
Interested in our AI Agent for logistics? Get in touch!
Linkedin: Aziz Satarov
