Leveraging Internet-Sourced Text Data for Financial Analytics in Supply Chain Finance: A Large Language Model-Enhanced Text Mining Workflow

Jiaxing Wang, Guoquan Liu*, Yang Cheng, Xiaobo Xu, Zhongyun Li*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

In the era of artificial intelligence and fintech, improving the efficiency of financial analysis is essential for financial service providers. This article proposes a novel large language model-enhanced text mining workflow that leverages Internet-sourced text information to efficiently analyze supply chain finance business without requiring programming skills. We conduct a case study on the Chinese market for new energy buses—a rapidly growing sector due to government incentives and the push for sustainable urban transportation—using data from bidding websites and financial statements. The experimental results demonstrate that our LLM-enhanced workflow outperforms traditional methods, showcasing increased efficiency and practicality, especially for non-programming employees in supply chain financial services.

Original languageEnglish
Pages (from-to)1924-1938
Number of pages15
JournalIEEE Transactions on Engineering Management
Volume72
DOIs
Publication statusPublished - 2025

Keywords

  • Financial analytics
  • internet-sourced data
  • large language model
  • supply chain finance (SCF)
  • text mining

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