ALEXANDRIA, Va., June 16 -- United States Patent no. 12,306,895, issued on May 20, was assigned to Coupa Software Inc. (San Mateo, Calif.).

"Intelligent, adaptive electronic procurement systems" was invented by Sundaresan R. Kadayam (Cincinnati) and Mark William Reed (Fort Thomas, Ky.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An improved electronic procurement system is disclosed. The electronic procurement system ("system") implements features such as real-time adaptive extraction of online data. The system is configured to manage a plurality of page types for webpages and for each page type a plurality of field types for fields in webpages. The system is configured to further generate a computer appli...