SYSTEM, METHOD AND APPARATUS FOR AUTOMATIC CATEGORIZATION AND ASSESSMENT OF BILLING NARRATIVES

• Main Authors: HARRISON, Sean, FLOOD, Ciaran, NOLAN, Ian, DINEEN, Michael, KELLY, Alex
• Format: Patent
• Language: English; French; German
• Published: 20.02.2019
• Subjects: CALCULATING; COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

A system (110) for automatic categorization and assessment of billing narratives has a semantic engine (154) that classifies billing entries (152) with descriptions expressed in natural language into standardized categories of activity and task objective. The classification is by machine learning methods via training data (210) that is maintained, updated and extended as needed. A rules engine (162) applies rules to the categorized invoice data (160) to analyze the data, report violations to a user/consumer of billed services and to perform related calculations.