MUMBAI, India, July 13 -- Intellectual Property India has published a patent application (202641082637 A) filed by Dr. N. Krishnaveni; Captain Dr. C. Sivamurugan; Dr. Shirly Oy; Dr. S. Jeni Sanjana; Dr. A. Myilsamy; and Dr. R. Meenakshi on July 04, 2026, for Intelligent Corporate Resource Allocation Platform For Multi- Department Financial Planning And Cost Control.

Inventors include Dr. N. Krishnaveni; Captain Dr. C. Sivamurugan; Dr. Shirly Oy; Dr. S. Jeni Sanjana; Dr. A. Myilsamy; and Dr. R. Meenakshi.

The application for the patent was published on July 10, 2026, under issue no. 28/2026.

Abstract: The current invention concerns an intelligent Corporate Resource Allocation Platform for Multi-Department Financial Planning and Cost Control integrating in a balanced way Artificial Intelligence, Machine Learning, predictive analytics, and optimization algorithms that optimize the financial planning and cost control of the enterprise. The platform collects data from several organizational systems, normalizes and standardizes the data, forecasts the financial and operational needs of the various departments and also optimizes the allocation of the financial resources, dynamically, depending on the priorities of the organization and its financial resources. A pervasive monitoring feature identifies irregular expenditure trends, budget variations & potential financial risks, and sends automated alerts and corrective recommendations. A real-time visualization of the utilization of resources, forecasts, optimization results, and financial performance indicators in a unified decision-support dashboard to support the management of business decisions. The invention reduces manual budgeting, increases the transparency of finances, increases the efficiency of spending, and streamlines the unnecessary spending, and assists in adaptive enterprise-wide resource planning. The platform will be scalable, intelligent, and appropriate for organizations looking to use automated financial planning and cost management that is sustainable.

Disclaimer: Curated by HT Syndication.