Chinese VAT Invoice

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The Vantage Chinese Invoice Skill is a Document Skill, which applies regional tax requirements and business rules. The Chinese Invoice Skill includes all main data fields in this document type, but it has been trained on a smaller set of documents.




Customers can use this Framework Document skill as a starting point for further training based on incoming reports, add new or adjust the extracted fields and business rules to their own requirements.

Benefits

  • Receives and processes invoices in a variety of input formats - scanned images, PDFs, etc. Provides exceptional accuracy of OCR conversion and data extraction.
  • The Chinese Invoice Document Skill supports regional specifics of Chinese invoices.
  • Pre-trained model automatically detects key fields on the invoice and extracts relevant data. For a full list of extracted fields, please see the skill documentation.
  • Detects Business Unit and Vendor automatically or allows to match against an existing database for optimal accuracy.
  • Can be augmented by human-in-the-loop review and verification based on accuracy thresholds, missing or incorrect information. The system learns from human interaction and constantly improves the model over time.
  • Allows further training of the model based on customer documents in real time. Over time significantly improves straight-through-processing rates and reduces the need for human interaction.
  • Key fields: Vendor Name, Invoice Date, Invoice Number, Total, Currency. Values extracted from key fields are visible in the Documents overview.

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