System and method for dimensionality reduction of vendor co-occurrence observations for improved transaction categorization
US12118622B2 · kind B2 · utility
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Key dates
| Filing date | Mar 14, 2022 |
| Grant date | Oct 15, 2024 |
| Priority date | — |
| Expiry date | Mar 14, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06F16/2291
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A method and system assist users of an electronic bookkeeping system to sort financial transactions into accounts representing bookkeeping categories. The method and system generate vectors representing the accounts and the merchants known to the bookkeeping system. The method and system generate compressed versions of the vectors by compressing the vectors. The method and system assist users to sort the financial transactions by analyzing the compressed vectors.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.