Port logs or statement of facts (SOF) are currently produced by multiple parties in a variety of formats , including PDF’s, and even hand written documents. Timed and effort are required to collate and reconcile these statement s before they can be applied to calculations. They are rarely in corporated easily into the company’s Laytime Calculations.
Often the document must be manually reformatted, the data extracted, or details from the SOF manually retyped. This takes time to do, uses valuable manpower doing little more than copy typing, and often introduces errors into the calculation. In a simple trade you can see that the SOF is retyped four times (orange boxes).