SYSTEM AND METHOD FOR AUTOMATIC VALIDATION

1 . A method for validating a transaction represented by an electronic document, comprising:

identifying, in the electronic document, at least one key field and at least one value;

creating, based on the electronic document, a dataset, wherein the created dataset includes the at least one key field and the at least one value;

analyzing the created dataset to determine at least one transaction parameter;

creating a template for the transaction, wherein the template is a structured dataset including the determined at least one transaction parameter; and

applying, in real-time, at least one rule to the created template to determine whether the transaction is validated.

2 . The method of claim 1 , further comprising:

determining, based on the created dataset, at least one entity identifier; and

verifying an entity of the transaction based on the determined at least one entity identifier.

3 . The method of claim 2 , wherein the electronic document is a first electronic document, wherein the created dataset is a first dataset, further comprising:

obtaining, based on the first electronic document, a second electronic document;

creating, based on the obtained second electronic document, a second dataset; and

comparing the first dataset to the second dataset, wherein the verification is based further on the comparison.

4 . The method of claim 2 , wherein the transaction is a reverse charge mechanism transaction, wherein the entity is a merchant enterprise entity, wherein verifying the entity further comprises:

determining, based on the at least one entity identifier, whether the merchant enterprise entity is registered for reverse charge mechanism transactions.

5 . The method off claim 1 , further comprising:

determining, based on at least one predetermined constraint, whether the created dataset is eligible for validation.

6 . The method of claim 1 , further comprising:

generating a notification, wherein the notification indicates whether the transaction is validated.

7 . The method of claim 1 , wherein identifying the at least one key field and the at least one value further comprises:

analyzing the electronic document to determine data in the electronic document; and

extracting, based on a predetermined list of key fields, at least a portion of the determined data, wherein the at least a portion of the determined data matches at least one key field of the predetermined list of key fields.

8 . The method of claim 7 , wherein analyzing the electronic document further comprises:

performing optical character recognition on the electronic document.

9 . The method of claim 7 , further comprising:

performing a cleaning process on the extracted at least a portion of the determined data.

10 . The method of claim 7 , further comprising:

checking if each piece of data of the extracted at least a portion of the determined data is completed; and

for each piece of data that is not completed, performing at least one of: querying at least one external source, and correlating the determine data with data of at least one previously analyzed electronic document.

11 . A non-transitory computer readable medium having stored thereon instructions for causing a processing circuitry to perform a process, the process comprising:

identifying, in the electronic document, at least one key field and at least one value;

creating, based on the electronic document, a dataset, wherein the created dataset includes the at least one key field and the at least one value;

analyzing the created dataset to determine at least one transaction parameter;

creating a template for the transaction, wherein the template is a structured dataset including the determined at least one transaction parameter; and

applying, in real-time, at least one rule to the created template to determine whether the transaction is validated.

12 . A system for validating a transaction represented by an electronic document, comprising:

a processing circuitry; and

a memory, the memory containing instructions that, when executed by the processing circuitry, configure the system to:

identify, in the electronic document, at least one key field and at least one value;

create, based on the electronic document, a dataset, wherein the created dataset includes the at least one key field and the at least one value;

analyze the created dataset to determine at least one transaction parameter;

create a template for the transaction, wherein the template is a structured dataset including the determined at least one transaction parameter; and

apply, in real-time, at least one rule to the created template to determine whether the transaction is validated.

13 . The system of claim 12 , wherein the system is further configured to:

determine, based on the created dataset, at least one entity identifier; and

verify an entity of the transaction based on the determined at least one entity identifier.

14 . The system of claim 13 , wherein the electronic document is a first electronic document, wherein the created dataset is a first dataset, wherein the system is further configured to:

obtain, based on the first electronic document, a second electronic document;

create, based on the obtained second electronic document, a second dataset; and

compare the first dataset to the second dataset, wherein the verification is based further on the comparison.

15 . The system of claim 13 , wherein the transaction is a reverse charge mechanism transaction, wherein the entity is a merchant enterprise entity, wherein the system is further configured to:

determine, based on the at least one entity identifier, whether the merchant enterprise entity is registered for reverse charge mechanism transactions.

16 . The system of claim 12 , wherein the system is further configured to:

determine, based on at least one predetermined constraint, whether the created dataset is eligible for validation.

17 . The system of claim 12 , wherein the system is further configured to:

generate a notification, wherein the notification indicates whether the transaction is validated.

18 . The system of claim 12 , wherein the system is further configured to:

analyze the electronic document to determine data in the electronic document; and

extract, based on a predetermined list of key fields, at least a portion of the determined data, wherein the at least a portion of the determined data matches at least one key field of the predetermined list of key fields.

19 . The method of claim 18 , wherein the system is further configured to:

perform optical character recognition on the electronic document.

20 . The system of claim 18 , wherein the system is further configured to:

perform a cleaning process on the extracted at least a portion of the determined data.

21 . The system of claim 18 , wherein the system is further configured to:

check if each piece of data of the extracted at least a portion of the determined data is completed; and

for each piece of data that is not completed, perform at least one of: querying at least one external source, and correlating the determine data with data of at least one previously analyzed electronic document.