Finance Trade Document Extraction
Business scenario description
Financial trade document extraction is committed to achieving content recognition and automatic extraction of key information in financial trade documents. Financial transactions supports the extraction of information from "document which is a proof of purchase after purchasing some goods or services", focusing on the information of both buyers and sellers, purchase item information, and amount information. Logistics transportation supports the extraction of information from "goods transfer voucher documents for transporting goods from one place to another", Pay attention to third-party information in transportation, information on the location of goods circulation, and information on goods.
The application scenarios provided by financial and trade document recognition include:
- Financial accounting: general industry demand to improve the efficiency and accuracy of financial processing, reduce manual errors and improve efficiency through automated processing, reduce management costs, and meet the growing demand of enterprise financial management.
- Logistics and supply chain management: The global logistics industry is huge. Using Laiye Intelligent Document Processing can improve logistics efficiency and accuracy, reduce management costs, and provide basic support for intelligent automation.
Difference between Speed First and Accuracy First:
| Feature | Accuracy | Response speed | Value position supported | Confidence value supported |
|---|---|---|---|---|
| Speed First | Good | Fast | No | No |
| Accuracy First | Excellent | Slow | Yes | Yes |
Characteristic
The recognition of financial and trade documents has the following characteristics:
- Multilingual : Capable of supports multiple languages, including Simplified Chinese, Traditional Chinese, English, French, German, Spanish, Japanese, Korean, Portuguese, Italian, Indonesian, Arabic, Polish, Malaysian, Russian, Dutch, Brazilian, Thai, Vietnamese, Luxembourgish, and others.
- Unlimited layout : Semantic based Information Extraction, no format, field location information restrictions
- Ready to use out of the box : It can be called directly on the UI or by using the API interface to return fixed structured fields for easy integration
Usage method
1) Log in to the IDP platform and click Identification of financial and trade documents Menu.
2) Create a new financial and trade document recognition model
3) Click on the tester in the upper right corner to enter the testing page
4) Upload a document and click to start the test to obtain the identification results
Document types that support recognition
| Document type | Type Description | Fields that support recognition |
|---|---|---|
| Financial transactions | financial transactions | Fields that support recognition |
| Transportation logistics | Logistics transportation | Fields that support recognition |
Different types of fields that support recognition
Financial transactions
| Field Name | Field Description | Field Description | Field Source |
|---|---|---|---|
| Items structure | - | - | - |
| subtype | Subtype | reference tips 1 | generated |
| document_date | Document Date | YYYY-MM-DD format | extracted |
| expense_category | Expense Category | reference tips 2 | generated |
| total_amount | Total Amount | Two decimal places value | extracted |
| total_net_amount_excluding_taxes | Total Amount Excluding Tax | Two decimal places value | extracted |
| total_tax | Total Tax | Two decimal places value | extracted |
| supplier_name | Supplier Name | - | extracted |
| supplier_address | Supplier Address | - | extracted |
| supplier_country | Supplier Country | Country or region name with initial capital letters | generated |
| customer_name | Customer Name | - | extracted |
| customer_type | Customer Type | Including company/individual | generated |
| currency | Currency | 3 letter currency | generated |
| document_number | Document Number | - | extracted |
| payment_terms | Payment Terms | - | extracted |
| reference_doc_number | Reference Doc Number | Purchase order number/order number number/bill of lading waybill number for non invoice numbers | extracted |
| line_items structure | - | - | - |
| item_id | Item Id(per line) | - | generated |
| item_name | Item Name(per line) | - | extracted |
| item_unit_price | Item Unit Price(per line) | - | extracted |
| item_quantity | Item Quantity (per line) | - | extracted |
| item_tax_amount | Item Tax Amount(per line) | - | extracted |
| item_subtotal_amount | Item Subtotal Amount(per line) | - | extracted |
tips 1："subtype" including value：receipt/invoice/purchase order/bill/other
tips 2："expense_category" including value：Accommodation/Catering/Shopping/Retail/Communication/Medical/Transportation/Service/Fuel/Electronic component/other
Logistics transportation
| Field Name | Field Description | Field Description | Field Source |
|---|---|---|---|
| Items structure | - | - | - |
| subtype | Subtype | reference tips 3 | generated |
| shipper_name | Shipper Name | - | extracted |
| shipper_address | Shipper Address | - | extracted |
| consignee_name | Consignee Name | - | extracted |
| consignee_address | Consignee Address | - | extracted |
| carrier_name | Carrier Name | - | extracted |
| carrier_address | Carrier Address | - | extracted |
| ship_date | Ship Date | YYYY-MM-DD format | extracted |
| due_date | Due_Date | YYYY-MM-DD format | extracted |
| transportation_document_number | Transportation Document Number | - | extracted |
| transportation_way | Transportation Way | reference tips 4 | generated |
| transportation_information | Transportation Information | Including ship information/flight information/train information | extracted |
| place_of_receipt | Place Of Receipt | - | extracted |
| place_of_loading | Place Of Loading | - | extracted |
| place_of_discharge | Place Of Discharge | - | extracted |
| place_of_delivery | Place Of Delivery | - | extracted |
| place_of_payment | Place Of Payment | - | extracted |
| total_gross_weight | Total Gross Weight | Number+Space+Unit Format | extracted |
| total_measurement | Total Measurement | Number+Space+Unit Format | extracted |
| total_packages | Total Packages | - | extracted |
| container_information | Container Information | - | extracted |
| goods_type | Goods Type | reference tips 5 | generated |
tips 3："subtype" including value: bill of lading/waybill/booking confirmation/shipping order/delivery order/other
tips 4："transportation_way" including value: Road transport/Air freight/Sea freight/Rail transport/Inland waterway transport/Multimodal transport/Express delivery/other
tips 5："goods_type" including value: Fast moving consumer goods/Electronic products/Apparel and textiles/Automobiles and auto parts/Chemical raw materials and products/other