TruckPay announced the release of the industry鈥檚 first AI-based License Plate Recognition (LPR) capability designed for use with its industry-leading scale and point-of-sale system, MyTruckScales庐. LPR not only fully automates the truck identification process but also includes digital forensics on the E-Scale Ticket. This helps facilities using MyTruckScales POS to process more weighments in a day. Also, photos of the truck on the scale reduce customer disputes.
TruckPay鈥檚 advanced LPR technology can replace legacy RFID tag systems. Instead, TruckPay鈥榮 LPR can use virtually any IP camera to recognize the vehicle鈥檚 license plate and match it against a license plate stored in the MyTruckScales system鈥檚 vehicles database. Even when there is no existing match in the database, the license plate can still be used to identify and track the truck throughout the weighment process. Facility owners don鈥檛 need to buy expensive LPR specific cameras.
With the LPR feature, TruckPay has transformed the scale from being simply a device that measures weight to a complete transactional platform. With MyTruckScales POS, LPR triggers the weighment workflow that is designed specifically for that truck, 聽incorporating pricing, invoicing, and payments, all in real time. A vehicle can be weighed and the resulting financial transaction can be processed in less than 10 seconds.
Barry Honig, Co-Founder, CEO, and President of TruckPay, explained, 鈥淭he way we have integrated our AI-based LPR functionality makes the system incredibly intelligent. Even if a license plate is dirty, damaged, or partially obstructed, the system can frequently still identify the vehicle by automatically using the optimal image from the front or rear 聽license plate.鈥�
Mr. Honig went on to say: 鈥淎t TruckPay, we consider the scale to be the heartbeat of our customer鈥檚 business. 聽As software developers, we strive to innovate and provide features that measurably impact our customer鈥檚 operations. Speeding weighments increases revenue. Digital payments speeds collections. Real time data enables more informed decisions. LPR is the first of many new exciting productivity and profitability enhancing AI features that TruckPay will be releasing over the next few months.鈥�