This inventor holds 4 USPTO granted patents and 3 published patent applications. Top assignee: Sap Ag. Active years: 2010-2013.
Company Filing History:
Years Active: 2010-2013
Title: Horst Schnoerer: Innovator in Financial Management Systems
Introduction
Horst Schnoerer is a notable inventor based in Angelbachtal, Germany. 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 Schnoerer's 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 budgetary control system restricts revenue-generating transactions in an enterprise management system. When a new revenue posting is proposed, various AVC rules are evaluated against predetermined budgetary limits. Depending on the AVC rule's response field, proposed transactions may be blocked or generate a warning notification, ensuring adherence to budgetary constraints.
Career Highlights
Horst Schnoerer has been instrumental in developing innovative solutions that streamline financial management processes. His expertise in creating robust budgetary control systems has positioned him as a key figure in the industry. He is currently associated with SAP AG, a leading enterprise software company known for its comprehensive business solutions.
Collaborations
Throughout his career, Schnoerer has collaborated with talented professionals, including Andreas Schaefer and Thomas M Schaub. These partnerships have fostered an environment of innovation and have contributed to the successful development of his patents.
Conclusion
Horst Schnoerer's contributions to financial management systems through his patents demonstrate his commitment to innovation and excellence. His work continues to influence the way organizations manage their budgets and financial transactions.