Gerald Goodbody

Title: The Innovations of Gerald Goodbody

Introduction

Gerald Goodbody is an esteemed inventor residing in Castro Valley, CA, recognized for his significant contributions to the field of accounting technology. With a total of two patents to his name, Goodbody has developed innovative solutions that enhance the efficiency and accuracy of account reconciliation processes.

Latest Patents

One of Goodbody's latest patents is the Automated Accrual Account Reconciliation, which details systems and methods for a reconciliation engine dedicated to accrual accounts tied to purchase order documents. This reconciliation engine employs a set of business rules that identify inconsequential discrepancies in the accounts, marking them for automatic clearance. Additionally, the system features an interface for reversing automatic clearances and adjusting accrual accounts manually.

Another noteworthy patent is the Account Reconciliation System and Method, which presents systems, methods, and user interfaces designed to streamline the reconciliation process in computerized accounting systems. An advantageous element of this system allows for the grouping of two types of entries, permitting users to compare their sums to determine overall balance. The accompanying user interfaces not only aid in identifying out-of-balance entries but also provide further information to expedite the resolution of discrepancies.

Career Highlights

Gerald Goodbody is currently associated with Oracle International Corporation, where he continues to push the boundaries of automation in financial processes. His work is vital to the advancement of accounting technologies that can help businesses achieve greater operational efficiency.

Collaborations

Throughout his career, Goodbody has collaborated with talented colleagues such as Lynne Rossi and Shyamsundar Santhanam, with whom he has shared insights and expertise to further enhance their innovative projects.

Conclusion

Gerald Goodbody exemplifies the spirit of innovation in the accounting technology sector. His patents not only reflect his commitment to advancing efficiency in financial processes but also position him as a notable figure in the realm of inventions that contribute to the evolution of automated systems.