MUMBAI, India, Feb. 27 -- Intellectual Property India has published a patent application (202641019011 A) filed by Mr. Yarram Narasimha Rao; Mrs. Chintala Vinoda; Mr. Maram Vijay Kumar; Mr. Gottimukkala Naresh; Mr. Shaik Mastan Vali; Mr. Bheemavarapu Swamy; and Mandava Institute Of Engineering & Technology, Jaggaiahpet, Andhra Pradesh, on Feb. 19, for 'a digital platform for automated budget planning and financial performance optimization.'
Inventor(s) include Mr. Yarram Narasimha Rao; Mrs. Chintala Vinoda; Mr. Maram Vijay Kumar; Mr. Gottimukkala Naresh; Mr. Shaik Mastan Vali; and Mr. Bheemavarapu Swamy.
The application for the patent was published on Feb. 27, under issue no. 09/2026.
According to the abstract released by the Intellectual Property India: "The present invention relates to a computer-implemented digital platform for automated budget planning and financial performance optimization. The platform integrates a data acquisition module, budget planning module, real-time monitoring engine, variance analysis engine, and recommendation module within a unified architecture. Financial transactions are continuously synchronized and compared with predefined budget allocations to detect deviations. Automated alerts and corrective recommendations are generated to improve financial efficiency and resource utilization. The system supports predictive forecasting, graphical performance dashboards, role-based access control, and audit tracking to enhance transparency and accountability. By eliminating manual reconciliation and spreadsheet-based budgeting limitations, the invention improves budgeting accuracy, reduces financial risk, and enables proactive financial governance. The platform is scalable and adaptable to enterprises, institutions, and organizations of varying sizes, providing a structured and intelligent solution for financial management and performance optimization."
Disclaimer: Curated by HT Syndication.
