Intellectual Property India Publishes Patent Application for An Automated Budget Monitoring Management Apparatus

MUMBAI, India, July 24 -- Intellectual Property India has published a patent application (202611065036 A) filed by Niet Business School on May 23, 2026, for An Automated Budget Monitoring Management Apparatus.

Inventors include Mahendra Pratap; and Mayank Kumar Pandey.

The application for the patent was published on July 17, 2026, under issue no. 29/2026.

Abstract: An automated budget monitoring management apparatus is disclosed for monitoring organizational budgets using interconnected acquisition, normalization, repository, rule processing, analytics, alerting, reporting, and audit modules. The apparatus receives budget allocations, expenses, commitments, approvals, and adjustments from multiple systems, standardizes the received recor...