System and method for dimensionality reduction of vendor co-occurrence observations for improved transaction categorization

A method and system assist users of an electronic bookkeeping system to sort financial transactions into accounts representing bookkeeping categories. The method and system generate vectors representing the accounts and the merchants known to the bookkeeping system. The method and system generate co...

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Bibliographische Detailangaben
Hauptverfasser: Ran, Alexander S, Rukonic, Marko, Lesner, Christopher, Wang, Wei
Format: Patent
Sprache:eng
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Zusammenfassung:A method and system assist users of an electronic bookkeeping system to sort financial transactions into accounts representing bookkeeping categories. The method and system generate vectors representing the accounts and the merchants known to the bookkeeping system. The method and system generate compressed versions of the vectors by compressing the vectors. The method and system assist users to sort the financial transactions by analyzing the compressed vectors.