Computer aided reconfiliation method and apparatus
First Claim
1. A method of reconciling in a computer a first list formed of a first number of first records in the computer with a second list formed of a second number of second records in the computer where, except for errors or omissions, each of said first records is identical to a corresponding one of said second records, the method comprising:
- for each one of said first records, comparing said one of said first records with one or more of said second records to determine match scores, one match score for each compared one of said second records, each match score designating the probability said one of said first records corresponds to the compared one of said second records,for each one of said first records having a match score exceeding a predetermined pairing threshold, pairing said one of said first records with the compared one of said second records whereby said one of said first records and the compared one of said second records are reconciled,for each one of said first records not having a match score exceeding said predetermined pairing threshold,matching said one of said first records with a group of second records where said group of second records is determined based upon the magnitudes of corresponding match scores for said second records,accepting or rejecting the pairing of said one of said first records with one of said second records in said group whereby, upon accepting, said one of said first records and the compared one said second records are reconciled.
1 Assignment
0 Petitions
Accused Products
Abstract
A method of reconciling a first list (a bank statement) formed of a first number of first records and a second list (bank customer'"'"'s list of records) formed of a second number of second records where the records affect the account balance for the bank statement. For each unmatched record in the first list, a corresponding record from the second list is selected based upon a match value. Whenever the match value exceeds a threshold value, the corresponding records from the first and second lists are paired and thereafter, are removed from further reconciliation processing. The highest match value resulting from comparing record elements and other attributes of records from the first and second lists is determined as a probable match for reconciliation.
207 Citations
26 Claims
-
1. A method of reconciling in a computer a first list formed of a first number of first records in the computer with a second list formed of a second number of second records in the computer where, except for errors or omissions, each of said first records is identical to a corresponding one of said second records, the method comprising:
-
for each one of said first records, comparing said one of said first records with one or more of said second records to determine match scores, one match score for each compared one of said second records, each match score designating the probability said one of said first records corresponds to the compared one of said second records, for each one of said first records having a match score exceeding a predetermined pairing threshold, pairing said one of said first records with the compared one of said second records whereby said one of said first records and the compared one of said second records are reconciled, for each one of said first records not having a match score exceeding said predetermined pairing threshold, matching said one of said first records with a group of second records where said group of second records is determined based upon the magnitudes of corresponding match scores for said second records, accepting or rejecting the pairing of said one of said first records with one of said second records in said group whereby, upon accepting, said one of said first records and the compared one said second records are reconciled. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
-
-
15. A method of reconciling in a computer a first list formed of a first number of first records in the computer with a second list formed of a second number of second records in the computer where,
said first list L1 has N first records designated R1(1), R1(2), . . . , R1(r1), . . . , R1(N); - where each one of said records R1(r1) is formed of P elements E1(1), E1(2), E1(3), . . . , E1(e), . . . , E1(P),
said second list L2 has M second records designated R2(1), R2(2), . . . , R2(r2), . . . , R2(M);
where each one of said records R2(r2) is formed of P elements E2(1), E2(2), E2(3), . . . , E2(e), . . . , E2(P),for each one of said first records, comparing said one of said first records with one or more of said second records to determine match scores, one match score for each compared one of said second records, each match score designating the probability said one of said first records corresponds to the compared one of said second records, and wherein said first list is a statement for a first listing of an account, said second list is a second listing of said account, and said elements include a date element and an amount element, said comparing step is performed for each first record R1(r1) by Q element comparing steps C(q), for q from 1, 2, . . . Q, whereby for each first record R1(r1) each of the first elements E1(e), for e from 1, 2, . . . , U, is compared with each of the second elements E2(e), for e from 1, 2, . . . , U, respectively, for the compared one of said second records R2(r2), for each one of said first records having a match score exceeding a predetermined pairing threshold, pairing said one of said first records with the compared one of said second records whereby said one of said first records and the compared one of said second records are reconciled. for each one of said first records not having a match score exceeding said predetermined pairing threshold, matching said one of said first records with a group of second records where said group of second records is determined based upon the magnitudes of corresponding match scores for said second records, accepting or rejecting the pairing of said one of said first records with one of said second records in said group whereby, upon accepting, said one of said first records and the compared one said second records are reconciled. - View Dependent Claims (16, 17, 18, 19, 20)
- where each one of said records R1(r1) is formed of P elements E1(1), E1(2), E1(3), . . . , E1(e), . . . , E1(P),
-
21. A method of reconciling in a computer a first list formed of a first number of first records in the computer with a second list formed of a second number of second records in the computer where, except for errors or omissions, each of said first records is identical to a corresponding one of said second records, the method comprising,
for each one of said first records, comparing said one of said first records with one or more of said second records to determine match scores, one match score for each compared one of said second records, each match score designating the probability said one of said first records corresponds to the compared one of said second records, for each one of said first records having a match score exceeding a predetermined pairing threshold, pairing said one of said first records with the compared one of said second records whereby said one of said first records and the compared one of said second records are reconciled, for each one of said first records having a match score between said predetermined pairing threshold and an exclusion threshold, matching said one of said first records with a group of second records where said group of second records is determined based upon the magnitudes of corresponding match scores for said second records, displaying to a user on a computer terminal said group of second records in an order based upon the magnitudes of corresponding match scores for said second records whereby the user is presented with records for pairing in the order of most likely correspondence of records, accepting or rejecting the pairing of said one of said first records with one of said second records in said group under user control whereby, upon accepting, said one of said first records and the compared one said second records are reconciled.
Specification