MarketplaceAcceleratorsAcceleratorTrade Finance Documents - Data Extraction
Trade Finance Documents - Data Extraction

Trade Finance Documents - Data Extraction

by UiPath

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0

Accelerator

Downloads

<100

accelerator_benefits_label


264

Hours

ReducedDevelopmentTime


75Percentage

OptimizeProductivity


85Percentage

EnhancedAccuracy

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Summary

Summary

Automate the Trade Finance process of extracting the required data points from various document types after a Trade Finance transaction.

Overview

Overview

Streamline the Trade Finance process by automation the extraction of required data points from the following document types:

  1. Letter of Credit 
  2. Bill of Lading 
  3. Insurance Certificate 
  4. Certificate of origin 
  5. Packing lists 
  6. Invoices

   

This Solution Accelerator automates the extraction of the required data (100’s of data points) from Trade Finance post transaction documents and allows for rapid human in the loop review and input where necessary.  This can accelerate the extraction of data / reduce manual effort required for data extraction / reduce turnaround time by up to 75%.

It uses GenAI pre-trained models, for efficient data extraction, however it is also adaptable to other various models. With support for a variety of trading documents in terms of validation and data extraction such as: Letter of Credit, Bill of Lading, or Insurance Certificate you are sure that your document digitization process is compliant and efficient.

If it is desired to refine the already provided models to resonate more closely with a particular document variant in their unique operational context, the models can be further trained. With the groundwork firmly in place, the implementation time can be reduced by weeks.

The use of UiPath Document Understanding Models requires UiPath AI Units.

Features

Features

  • Extract, process and validate Trading Finance Documents such as: Letter of Credit, Bill of Lading, Insurance Certificate, Certificate of Origin, Packing List, and Invoices.
  • Use of UiPath Solution Accelerator Document Understanding Framework.
  • GenAI capabilities included.
  • Assessment of Trading Finance Documents against business rules for new, incomplete, updated, or mismatched data.
  • Modular approach to processes for easy changes and easy configurations.
  • Reusable components architecture allowing development and usage across multiple automation solutions.
  • Configurable and scalable reporting options, through Data Service.

Additional Information

Additional Information

Dependencies

• UiPath.Excel.Activities: 2.22.2 • UiPath.SolutionAccelerators.Reusables.Generic: 1.1.15 • UiPath.System.Activities: 23.10.3 • UiPath.UIAutomation.Activities: 23.10.3 • UiPath.DocumentUnderstanding.ML.Activities: 1.24.0 • UiPath.Form.Activities: 23.10.5 • UiPath.FormActivityLibrary: 2.0.7 • UiPath.IntelligentOCR.Activities: 6.14.1 • UiPath.Persistence.Activities: 1.4.8

Code Language

Visual Basic

Runtime

Windows (.Net 5.0 or higher)

* Learn more about how the benefits are calculated. Click here.

Publisher

UiPath

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Trusted Source

License & Privacy

License Agreement

Privacy Terms

Technical

Version

1.0.2

Updated

May 15, 2024

Works with

Studio: 22.4+

Certification

Gold Certified

Application

Microsoft Azure Active DirectoryMicrosoft ExcelUiPath Data ServiceUiPath Document UnderstandingUiPath OrchestratorUiPath RobotUiPath Studio

Support

Email: solution-accelerators-support@uipath.com

Link: https://marketplace.uipath.com/contact-us

Support on Demand is available only to UiPath Enterprise customers. To access this type of support, you need to have an active UiPath license. More details are available here: https://docs.uipath.com/marketplace/automation-cloud/latest/user-guide/support-on-demand. Note: Marketplace Support On Demand is not subject to a response SLA, but one should expect a response within two business days.

Resources

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