MUMBAI, India, Aug. 31 -- Intellectual Property India has published a patent application (202641101740 A) filed by Dr. Sns Rajalakshmi College Of Arts And Science on August 23, 2026, for Ai-Based Financial Report Analysis System.
Inventors include Seion S; Ariya A; Adhithyan S; Divya Kiran; Hariharan T; and Bhuvaneswari M.
The application for the patent was published on August 28, 2026, under issue no. 35/2026.
Abstract: AI-BASED FINANCIAL REPORT ANALYSIS SYSTEM The present invention relates to an intelligent personal financial management system that assists users in tracking and managing their daily expenses using a simple and user-friendly platform. The system enables users to record financial transactions and categorize expenses into various groups such as food, transportation, utilities, and entertainment. The system stores and processes user data to generate structured summaries including daily and monthly expense reports. It utilizes basic artificial intelligence techniques to analyze spending patterns and provide meaningful insights and suggestions to improve budgeting and financial discipline. The invention also incorporates vernacular language support, allowing users to interact with the system in their preferred regional language, thereby improving accessibility and usability. Visual representations such as charts and reports help users clearly understand their financial behavior. Overall, the system reduces manual effort, enhances financial awareness, and provides a scalable solution for effective personal financial management.
Disclaimer: Curated by HT Syndication.
