The Vantage Remittance Advice document skill is an AI model trained to extract data from remittance advice notifications from USA, Australia and New Zealand with exceptional accuracy out of the box. A remittance advice is a letter sent by the client to the vendor to confirm that an invoice has been paid by the client. A remittance advice can also be accompanied by an invoice or a receipt.

The Remittance Advice skill is a production skill that has been fully trained on a large document set and provides high accuracy of data identification and extraction. The skill is ready to be used in production and does not require further training on your specific documents.

• Vantage document skills are extraction models, based on ABBYY's purpose-built AI, designed and trained to extract key data from business documents.
• The model automatically detects key fields on remittances such as customer and vendor name and address, payment information - number, date, amount, line items etc. For a full list of extracted fields, please see the skill documentation.
• Includes validation and data normalization rules. Further business rules can be added as required.
• Can be augmented by human-in-the-loop review and verification based on accuracy thresholds, missing or incorrect information.
• The skill is ready to be used in production and does not require further training on your specific documents, however the model can be further improved through continuous learning, based on feedback during the manual review phase.