System and method of detecting fraudulent or erroneous invoices

Details System and method of detecting fraudulent or erroneous invoices System and method of detecting fraudulent or erroneous invoices

2005-08-15

2010-11-23

Refai, Ramsey (Department: 3627)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Accounting

C705S034000

Reexamination Certificate

active

07840455

ABSTRACT:
In one embodiment, the present invention includes methods for detecting fraudulent or erroneous invoices that use an associative memory and models of valid invoices. Incoming invoices may be applied against the models of valid invoices, and the models may access the associations of data elements in an associative memory and provide results to a decision engine. The decision engine may flag invoices that are nonconforming for further analysis. As more invoices and information about the invoices are gathered, the models and associative memory may be adapted to improve detection performance.

REFERENCES:
patent: 6058380 (2000-05-01), Anderson et al.
patent: 6882986 (2005-04-01), Heinemann et al.
patent: 7356606 (2008-04-01), Choate
patent: 7389286 (2008-06-01), Holmes et al.
patent: 2005/0149365 (2005-07-01), Johnson

Affiliated with

Also associated with

Rating

System and method of detecting fraudulent or erroneous invoices does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method of detecting fraudulent or erroneous invoices, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method of detecting fraudulent or erroneous invoices will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4170756