Accelerated intelligent enterprise including timely vendor spend analytics
AssigneeCXO Nexus
InventorsBarrington Young, Bhanupratap Chandrawat, Vincent Totoro, Steve Benfield, Sebastien Masclet
Life of this patent
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Abstract
An intelligent enterprise system and method is disclosed. The system and method include an input/output (IO) interface configured to receive information related to accounting information, a processor interconnected with a memory configured to store received information from the IO interface, and analyze the information to provide timely vendor spend analytics, and a display device configured to display the provided timely vendor spend analytics.
Claims20
An intelligent enterprise system in a company, said system comprising:
- an input/output (IO) interface configured to receive information related to accounting information;
- a processor interconnected with a memory configured to store received information from the IO interface, perform a matching algorithm to find matching vendors within the information and analyze the information to provide timely vendor spend analytics, the timely vendor spend analytics configured from the spending records of the company and identifying a plurality of spend categories with associated direction and size of the spend per category;
- and
- a display device configured to display the provided timely vendor spend analytics.
A method to provide vendor spend analytics in a company, said method comprising:
- receiving information related to accounting information via an input/output (IO) interface;
- storing the received information via a processor interconnected with a memory;
- performing a matching algorithm to find matching vendors with the information;
- analyzing the information to provide timely vendor spend analytics, the timely vendor spend analytics configured from the spending records of the company and identifying a plurality of spend categories with associated direction and size of the spend per category;
- and
- displaying via a display device the provided timely vendor spend analytics.
Dependencies are inferred from the claim text.