Company Filing History:
Years Active: 2000-2008
Title: Innovations by Lee Hecht
Introduction
Lee Hecht is an accomplished inventor based in Palo Alto, CA. He has made significant contributions to the field of electronic financial statements, holding a total of 3 patents. His work focuses on enhancing the efficiency and functionality of financial documentation through innovative methods.
Latest Patents
One of Lee Hecht's latest patents is a computer-implemented method for populating row and column cells of an electronic financial statement document. This invention involves generating a formula for a cell in a financial statement based on a row definition and a column definition. The row definition specifies a term of the statement, while the column definition indicates a period of time. The resulting statement is displayed to the user, allowing for dynamic updates to reflect changes in the statement. The invention includes three types of columns: base columns, subtotal columns, and grand total columns. Data from an input database corresponds to a specific period, and the base columns in the statement have a defined statement period unit. This innovative approach allows for the dynamic computation of correspondences between the statement's base columns and multiple columns of the input database. The cells of the statement can be populated with data from these corresponding database columns, and they can be repopulated in response to changes in the statement period unit.
Career Highlights
Lee Hecht is currently employed at Modernsoft, Inc., where he continues to develop innovative solutions in financial technology. His expertise in creating efficient financial documentation processes has made a significant impact in the industry.
Collaborations
Lee has collaborated with notable colleagues, including William J. Clancey and Erich A. Helfert. These partnerships have contributed to the advancement of his projects and the successful implementation of his inventions.
Conclusion
Lee Hecht's contributions to the field of electronic financial statements demonstrate his innovative spirit and commitment to improving financial documentation processes. His patents reflect a deep understanding of technology and its application in finance.