Patent ID: 11935133
Assignee: SALUS FINANCE, LLC
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 12:
13. A system for consolidating and reconciling data, comprising:
an input port receiving a feed of data, said data comprising a plurality of statements generated by one or more sources external to said system, each statement having a plurality of data elements;
a rules engine having a plurality of rules and enforcing said rules on said data, said rules engine being configured to monitor said data and apply said rules thereto for determining exceptions;
a processing unit including a processor executing a consolidation module and a reconciliation module;
said reconciliation module analyzing and comparing each data element of said respective statement against other data in said system to detect inequalities in each statement, said inequalities being designated as exceptions;
said consolidation module tracking said statements and being configured to merge said statements into a single consolidated statement, wherein for each statement that has at least one exception, said processing unit is configured to automatically determine whether to include, exclude, or modify the statement which has said at least one exception based on previous actions taken with respect to similar exceptions, said processing unit calculates an adjusted statement amount for the statement which has the exception and incorporates the adjusted statement amount into the consolidated statement; and
said processing unit being configured to transmit the consolidated statement to one or more client devices via an output port.