Company Filing History:
Years Active: 2024
Title: The Innovative Contributions of Deborah H Russell
Introduction
Deborah H Russell is a notable inventor based in Friendship, MD, who has made significant contributions to the field of financial management through her innovative patent. With a focus on enhancing the efficiency of balance sheet generation, her work has implications for various industries that rely on effective resource management.
Latest Patents
Deborah H Russell holds a patent for a "Method for generating a balance sheet that includes operating materials and supplies costs." This inventive practice involves selecting a transaction code in an ERP system, characterized by cost elements that significantly entail operating materials and supplies costs. The process includes generating ERP reports by drilling down from cost elements to commitment costs, obligation costs, and actual costs. Raw worksheets are created by importing data from these ERP reports, leading to the production of intermediate pivot tables and ultimately a master worksheet. The final output consists of summary pivot tables that provide a comprehensive overview of the financial data.
Career Highlights
Throughout her career, Deborah has demonstrated a commitment to innovation in financial processes. Her work has not only streamlined the generation of balance sheets but has also contributed to better financial decision-making within organizations. She is currently associated with the United States Navy, where her expertise is utilized to enhance operational efficiency.
Collaborations
Deborah has collaborated with notable colleagues, including Gilbert F Lee and Ruth A Maticic, who have contributed to her projects and innovations. Their teamwork has fostered an environment of creativity and problem-solving, leading to successful outcomes in their respective fields.
Conclusion
Deborah H Russell's innovative approach to financial management through her patent showcases her dedication to improving operational processes. Her contributions are valuable not only to her organization but also to the broader field of financial management.