Company Filing History:
Years Active: 2025
Title: Innovations of Hari Teja Murakonda
Introduction
Hari Teja Murakonda is an accomplished inventor based in Dublin, California. He has made significant contributions to the field of e-procurement through his innovative patent. His work focuses on enhancing the efficiency of supplier categorization in procurement systems.
Latest Patents
Murakonda holds a patent for a method that classifies records of e-procurement transactions. This invention allows for the automatic determination of commodity category values for suppliers using a computer-implemented process. The approach is supplier-focused and employs successive heuristics, along with machine learning models that predict category and subcategory values based on supplier names and invoice descriptions. This technology supports community intelligence applications, enabling buyer computers to query and obtain lists of suppliers corresponding to specific categories. Additionally, it can generate graphs or charts that aggregate historical invoice data based on canonical category values determined for suppliers.
Career Highlights
Murakonda is currently employed at Coupa Software Inc., where he continues to develop innovative solutions in the procurement space. His work has been instrumental in advancing the capabilities of e-procurement systems.
Collaborations
Some of his notable coworkers include Kiran Ratnapu and Ankit Narang, who contribute to the collaborative environment at Coupa Software Inc.
Conclusion
Hari Teja Murakonda's innovative work in e-procurement showcases his expertise and commitment to improving supplier categorization processes. His contributions are paving the way for more efficient procurement systems in the industry.