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Increasing market volatility and the continually weak economy have marketers actively seeking new ways to fuel their efficiencies and profitability. These goals can be achieved by streamlining and automating transactions, as well as speeding up billing processes. One way to do both is through electronic bills of lading (eBOLs).
The availability of eBOL data has more than tripled over the past few years, and it is often accessible within minutes of a load being loaded at the terminal. Due to this, more and more fuel marketers are requesting back office software providers to support eBOL integration.
However, one of the biggest problems marketers have is getting those eBOLs — which come from a variety of sources, in different formats with different supplier, terminal, product, and carrier codes — into their back office systems in the required format.