Thomas R Boehm

Title: Thomas R Boehm: Innovator in Financial Monitoring Solutions

Introduction

Thomas R Boehm is a notable inventor based in Milford, CT (US). He has made significant contributions to the field of financial technology, particularly in the area of monitoring collateral for lending. His innovative approach has led to the development of a unique patent that enhances the efficiency of financial processes.

Latest Patents

Thomas R Boehm holds a patent for "Methods and apparatus for monitoring collateral for lending." This patent describes methods and apparatus for monitoring various financial elements such as accounts receivable, accounts payable, inventory, trading partners, chart of accounts, invoices, and payments. The invention utilizes a process management and workflow system that is coupled to a data repository. In one embodiment, the system connects to an accounting system via a communications link, authenticates the system's validity, and extracts financial data for further analysis.

Career Highlights

Thomas R Boehm is associated with GE Capital Commercial Finance, Inc., where he applies his expertise in financial monitoring solutions. His work has been instrumental in developing systems that streamline financial operations and improve the accuracy of financial reporting.

Collaborations

Throughout his career, Thomas has collaborated with notable colleagues, including William David Smith, II and Walter Vincent Dixon, III. These partnerships have contributed to the advancement of innovative solutions in the financial sector.

Conclusion

Thomas R Boehm's contributions to financial technology through his patent and work at GE Capital Commercial Finance, Inc. highlight his role as an innovator in the industry. His efforts in developing methods for monitoring collateral have the potential to transform financial practices and enhance operational efficiency.