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

Abstract:

A method and system assists users of an electronic bookkeeping system to sort financial transactions into accounts representing bookkeeping categories. The method and system generates vectors representing the accounts and the merchants known to the bookkeeping system. The method and system generates compressed versions of the vectors by compressing the vectors. The method and system assists users to sort the financial transactions by analyzing the compressed vectors.