Patent ID: 8540140
Filing Date: 2013-09-24
Classification: G06Q,G07F

Abstract:
1. A financial transactions control machine for automating the correction of exceptions in financial transaction data comprising: an exception identification system configured to detect exceptions in the financial transaction data and to identify a business unit to which each exception relates; a storage system configured to store information about the detected exceptions, recipients designated to handle the detected exceptions, including the business unit or units that each recipient has been designated to handle; and the status of efforts to resolve the exceptions; and an exception alert system configured to automatically in response to each detected exception: look up the identity of at least one recipient that is indicated in the storage system as having been designated to handle exceptions relating to the identified business unit; and cause a message to be delivered to the at least one identified recipient alerting the at least one identified recipient to the exception; an exception tracking system configured to track each exception and the status of efforts to resolve it; and a reporting system configured to generate reports about the exceptions and the status of efforts to resolve them, wherein the reporting system is configured to sort at least one of the reports by the age of the exception with respect to when it was detected, wherein the reporting system is configured to provide at least one report that specifies errors that occurred during the delivery of the financial transaction data to the financial transactions control machine.