Company Filing History:
Years Active: 2021-2024
Title: The Innovative Mind of Markus Hornburg
Introduction
Markus Hornburg, an accomplished inventor based in Jesteburg, Germany, has made significant contributions to the field of technology with his innovative patented ideas. With a total of three patents, Hornburg is known for developing methods that revolutionize how businesses handle tax coding and transaction data.
Latest Patents
Hornburg's latest patents focus on a sophisticated computer-implemented method for digitally cross-referencing community transaction data to determine commodity types and automatically assign tax codes to invoices. His first patent details a process involving the reception of a set of rules that dictate how tax codes should be assigned based on various parameters. The method entails receiving invoice data directed at the first entity and determining the applicable commodity type by cross-referencing line items in invoice data against community transaction data. This data comprises various line item details from invoices of different entities unrelated to the first entity. Following this, tax codes are automatically assigned, and both the commodity type and tax codes are displayed through a graphical user interface.
The second patent mirrors the first in its core approach but emphasizes the storage of the set of rules in a data repository linked to an entity record, showcasing Hornburg's commitment to creating a more efficient invoicing process.
Career Highlights
Markus Hornburg is currently employed at Coupa Software Inc., where he continues to innovate in the realms of finance and technology. His work focuses on enhancing business practices through improved data management and automation. His impressive skill set and creative problem-solving abilities have positioned him as a valuable asset to his company.
Collaborations
Throughout his career, Hornburg has collaborated with notable colleagues such as Donna Wilczek and Zachary Randles. Their combined effort in the field has fostered an environment of creativity and innovation that supports the development of groundbreaking solutions.
Conclusion
Markus Hornburg's dedication to advancing technology through his innovative patents highlights his role as an influential inventor. His work not only simplifies complex processes for businesses but also steers the industry towards a more efficient future. As he continues his journey at Coupa Software Inc., the impact of his inventions is sure to be felt across various sectors.