Andreas Schaefer

Title: Innovations by Andreas Schaefer

Introduction

Andreas Schaefer is a notable inventor based in Mougins, France. He has made significant contributions to the field of financial management systems, holding a total of 4 patents. His work focuses on enhancing budgetary control and availability checks within enterprise management applications.

Latest Patents

One of his latest patents is titled "Parallel availability control checks in financial management system." This invention introduces a rule set for an availability control (AVC) system that allows operations to be performed at various levels of hierarchy within a governing budget data structure. The rule set comprises multiple rules, each linked to control objects assigned to different units and aggregation levels within an organization. This structure enables comprehensive AVC control features, even in complex budgetary environments.

Another significant patent is "Enterprise management application providing availability control checks on revenue budgets." This system limits revenue-generating transactions in an enterprise management system by evaluating various AVC rules against predetermined budgetary limits. The rules define relationships that must be maintained between revenue postings and budget data structures. Depending on the AVC rule's response field, proposed revenue postings may be blocked or generate a warning notification, ensuring adherence to budgetary constraints.

Career Highlights

Andreas Schaefer is currently employed at SAP AG, a leading company in enterprise software solutions. His innovative work in financial management systems has positioned him as a key figure in the development of advanced budgetary control technologies.

Collaborations

He has collaborated with notable coworkers, including Horst Schnoerer and Thomas M Schaub, contributing to the advancement of financial management systems.

Conclusion

Andreas Schaefer's contributions to financial management through his patents demonstrate his expertise and innovative spirit. His work continues to influence the way organizations manage their budgets and revenue transactions effectively.