MUMBAI, India, May 1 -- Intellectual Property India has published a patent application (202631051368 A) filed by Asansol Engineering College, Asansol, West Bengal, on April 22, for '"smart decision support system for sme financial management".'
Inventor(s) include Priyanka Kanjilal; Varsha Shah; and Sandip Karmakar.
The application for the patent was published on May 1, under issue no. 18/2026.
According to the abstract released by the Intellectual Property India: "The invention discloses a smart decision support system for managing financial operations of small and medium enterprises. The system collects financial data including cash flow, expenses, inventory levels, and payment cycles, and processes the data using intelligent analytical models. The system generates real-time recommendations, alerts, and predictive insights to support financial decision-making. The invention enhances financial efficiency, reduces operational risk, and improves sustainability of SMEs."
Disclaimer: Curated by HT Syndication.
