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

Claim 0:
1. A system for reconciling invoices, comprising:
an input port receiving benefits information related to insurance benefits recipients;
a rules engine having a plurality of rules and enforcing said rules on the benefits information, said rules engine being configured to monitor the benefits information for determining exceptions based on said rules;
said input port receiving a plurality of invoices concerning one or more benefits vendors provided to said recipients;
a processing unit including a processor for executing a reconciliation module, said reconciliation module analyzing and comparing each invoice against said benefits information to detect any inaccuracies in each invoice, said inaccuracies being designated as exceptions;
for each invoice where there is at least one exception, said processing unit being configured to determine whether to include, exclude, or modify the invoice which has said at least one exception based on a feedback signal received from a client device, wherein in response to the feedback signal indicating exclude, said processing unit is configured to calculate an adjusted invoice amount by excluding at least one fee associated with said at least one exception; and
an output port that transmits the adjusted invoice amount to the client device configured to make a deposit of funds for settling said adjusted invoice amount.