US Patent Issued on May 6 for "Invoice classification and approval system" (California Inventor)

ALEXANDRIA, Va., June 10 -- United States Patent no. 12,293,309, issued on May 6.

"Invoice classification and approval system" was invented by David Schnitt (Rancho Palos Verdes, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and system for managing and automating the classification of non-purchase order invoices for organizations. A centralized server applies rules to properly apply general ledger account coding for invoices based on data contained in the invoice. The server then electronically routes the invoice for approval to the appropriate approvers in the organization. In the absence of rules, the system applies machine learning to learn the correct rules, to be applied the next time s...