- Using AI to achieve reading accuracy of 98%, powerfully promoting trade digital transformation -

Our company is a trading information sharing platform "TradeWaltz" operated and provided by TradeWaltz Inc. (Head office: Minato-ku, Tokyo; President and CEO: Takahiro Sato; hereinafter "TradeWaltz").^🄬We are pleased to announce that Cinnamon AI's high-precision AI-OCR "Flax Scanner HUB" has been officially adopted for the AI-OCR function implemented in "

■ TradeWaltz, the core of trade DX, is now Cinnamon AI'sFlax Scanner HUB" and API integration

"TradeWaltz" is a trade information sharing platform that enables centralized management of trade-related information in electronic form. Through API integration with "Flax Scanner HUB," the platform has now implemented a new AI-OCR function with a reading accuracy of 98%*. This enables automatic data entry using AI-OCR in trade processes where paper and PDF formats are still the norm, improving both work efficiency and data entry accuracy.

The system officially adopted this time is the generative AI extractive AI-OCR provided by "Flax Scanner HUB." By utilizing a large-scale language model (LLM), it is possible to extract items while understanding the context, making it possible to read invoice numbers, product details, quantities, amounts, currencies, etc. with high accuracy without prior coordinate definition.

Cinnamon AI will continue to provide its AI-OCR technology to TradeWaltz, helping the platform to further accelerate business standardization and advanced data utilization across the industry as a core component of trade digital transformation.

The initial release of TradeWaltz's AI-OCR function supports reading commercial invoices for import operations. Going forward, the app plans to gradually expand the range of supported documents, such as packing lists (P/L) and bills of lading (B/L), in response to user requests, and will continue to further enhance its functionality, including support for export operations.

*In a demonstration experiment conducted by TradeWaltz, 98% accuracy was confirmed in reading items on commercial invoices.

■ "Flax Scanner HUB" allows you to process a variety of documents immediately without defining coordinates

Cinnamon AI offers Flax Scanner HUB, a highly versatile, original, high-precision AI-OCR product that enables AI to understand meaning and read data from documents in various formats used in a variety of industries and sectors, just like a human. Conventional AI-OCR solutions rely on a "coordinate-defined" approach, where the data is predefined for formatted documents, but this makes it difficult to handle documents with countless formats. In contrast, Flax Scanner HUB can extract data with high accuracy even from unstructured forms that are difficult to read, without requiring complex pre-configuration. It features three different AI engines: coordinate-defined, feature learning, and generative AI extraction, and reads data in the optimal way for each type of form.

"Flax Scanner HUB" is not only available as a low-cost, easy-to-deploy multi-tenant type, but can also be used in more secure environments such as single tenant or on-premise (private cloud). It can also be integrated with APIs, and supports functionality expansion such as automatic determination of extraction methods such as classification and division for each document, as well as customization of AI models and UI.

https://cinnamon.ai/flax-scanner-hub

■ Cinnamon AI is looking for partner companies

Cinnamon AI's AI products and solutions offer a speedy implementation experience that takes advantage of the benefits of the cloud, and can be used in a secure environment that takes advantage of the features of dedicated servers. Our solutions can be used with peace of mind by a wide range of partner companies, including end-user companies, system integrators, and BPO companies. If you are interested, please contact us at the address below.

▼Contact information for companies regarding this matter
https://contents.cinnamon.ai/contact/inquiry

■About Tradewaltz (https://www.tradewaltz.com)

TradeWaltz Inc. operates and provides "TradeWaltz," a trade information sharing platform that can centrally manage trade-related information as electronic data, as a SaaS service. A trade consortium consisting of NTT Data and 18 major trade practitioners spent approximately four years developing the system, demonstrating the technology, proposing legal reforms, and developing business plans, before launching the service.
Currently, the business is operated with joint investment from 18 companies: NTT DATA Corporation, Toyota Tsusho Corporation, University of Tokyo Innovation Platform Development Co., Ltd., Sumitomo Corporation, Mitsubishi Corporation, TW Link Inc., Tokio Marine & Nichido Fire Insurance Co., Ltd., Sumitomo Mitsui Banking Corporation, Toyoshima Co., Ltd., Kamigumi Co., Ltd., Fujitrans Corporation, Mitsui-Soko Holdings Co., Ltd., Nissin Co., Ltd., MUFG Bank Ltd., Marubeni Corporation, Mitsubishi Logistics Corporation, Mizuho Bank Ltd., and Sompo Japan Insurance Inc.