Company Filing History:
Years Active: 2007-2011
Title: Frank Godeby: Innovator in Financial Management Systems
Introduction
Frank Godeby is a notable inventor based in Bethesda, MD (US), recognized for his contributions to financial management systems. With a total of four patents to his name, Godeby has developed innovative solutions that enhance the efficiency and effectiveness of financial transactions.
Latest Patents
Among his latest patents is the "Budgetary Ledger," which presents a system and method for maintaining budget-related transactions within a financial management system. This invention includes a general ledger for account balances and a budgetary ledger specifically for budget-related transactions. The budgetary ledger generates a document that contains these transactions and incorporates a core for document generation, along with an extension to define associated rules. Additionally, Godeby has developed a "Grants Management System," which manages grants received from various sponsors. This system processes transaction requests, retrieves relevant data, and ensures that the requests meet the administrative and financial requirements set by the sponsors.
Career Highlights
Frank Godeby is currently employed at SAP AG, where he continues to innovate in the field of financial management. His work has significantly impacted how organizations manage their budgets and grants, streamlining processes and improving accountability.
Collaborations
Godeby has collaborated with notable colleagues, including Wolfgang Hahn and James Tasker, contributing to a dynamic work environment that fosters innovation and creativity.
Conclusion
Frank Godeby's contributions to financial management systems through his patents demonstrate his commitment to enhancing financial processes. His work continues to influence the industry, making him a significant figure in the realm of financial technology.