{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11954738","patent":{"patent_number":"US-11954738","title":"System and method for machine learning based detection, reporting and correction of exceptions and variances impacting financial data","assignee":null,"inventors":[],"filing_date":"2021-11-17T00:00:00.000Z","publication_date":"2024-04-09T00:00:00.000Z","cpc_codes":["G06Q","G06F","G06N","G06N","G06N","G06N","G06Q","G06Q","G06N"],"num_claims":16,"abstract":"A method and system are provided to infer and use machine learning algorithms that is applied to financial data and also to determine: (i) compliance with the applied algorithms, and (ii) whether any exceptions to and/or variations from the algorithms are within an organization's norms. A method includes: receiving financial data; applying a set of dynamic or interdependent algorithms to the received financial data to obtain a set of outcomes; and using a machine learning classifier to classify the outcomes as: (i) algorithm compliant, (ii) potentially algorithm non-compliant, or (iii) algorithm non-compliant. Additionally, the method includes generating controllership persona based actionable triggers, which on acceptance corrects the anomalies in financial data, enabling the method and system to perform as a comprehensive, contextual, consistent & machine learning powered, persona based real time controllership engine leading to reduced misstatements in reported financial data."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for machine learning based detection, reporting and correction of exceptions and variances impacting financial data","description":"A method and system are provided to infer and use machine learning algorithms that is applied to financial data and also to determine: (i) compliance with the applied algorithms, and (ii) whether any ","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11954738","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11954738","citation_suggestion":"Patentable. \"System and method for machine learning based detection, reporting and correction of exceptions and variances impacting financial data\" (US-11954738). https://patentable.app/patents/US-11954738","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11954738","json":"https://patentable.app/api/llm-context/US-11954738","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T05:03:05.397Z"}