US Patent Issued to Oracle International on March 25 for "Real-time expense auditing and machine learning system" (California, Washington Inventors)

ALEXANDRIA, Va., March 26 -- United States Patent no. 12,260,462, issued on March 25, was assigned to Oracle International Corp. (Redwood Shores, Calif.).

"Real-time expense auditing and machine learning system" was invented by Winston Leonard Wang (San Francisco), Parker Ralph Kuncl (Seattle), Kelly Bailey (San Francisco) and Matthew Brigante (Seattle).

According to the abstract* released by the U.S. Patent & Trademark Office: "Techniques for real-time expense auditing and machine learning are disclosed. An expense auditing system trains a machine learning model to compute audit risk scores as a function of expense descriptions. The auditing system receives an expense description associated with an employee. The expense auditing system c...