Trade Finance Documents - Data Extraction

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

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.

• 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.