Bill Of Lading Extract Data For Free

It is the process of extracting relevant data such as invoice number, supplier name, address, amount etc., from invoices, validating the extracted information, uploading it to an ERP software, ascertaining match (against receipts & POs) and finally initiating payments.

A bill of lading is a legal document between the shipper of goods and the carrier, and details the type, quantity, and destination of the goods being carried. The bill of lading also serves as a receipt of shipment when the goods are delivered at the predetermined destination.

Consignee. The person who is to receive the goods. Loader/Exporter. Full name, address, post code, telephone, fax, email (person/company). Lading No. Boarding Reference. Party to notify. Upon the ship's arrival. Reference for the transported goods. Vessel/Voyage. Embarkation Port - Port of Discharge. Issue Date.

Document extraction identifies data relationships within a PDF document as key-value pairs. For example, an invoice document contains several form fields, so the process will identify the field names and values that are paired together e.g. Invoice Number and INV-12.

Document of title, or ownership, of goods. The Bill of Lading means that the goods may be transferred to the holder of the BOL (the carrier) to be transferred to someone else (the consignee).

In summary, a bill of lading is a legal document that serves three vital purposes in the shipping process: as a receipt for shipping, as a title of goods, and as a contract of carriage. The carrier serves the bill of lading when they take control of the goods.

The term invoice scanning is sometime used to broadly mean digitizing a paper invoice.In the case an organization still receives supplier invoices on paper, you can manage invoice scanning internally manually scanning the invoice and sending it to the accounts payable (AP) solution.