Patent ID: 11928652
Assignee: POLLEN, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G  Y | IPC G

Claim 14:
15. The computer implemented method of claim 14, wherein the offer return rate comprises a weighted average offer return rate that is equal to an invoice amount multiplied by an offer return rate associated with a particular invoice; wherein the at least one algorithm is used to determine whether each of the one or more requests is eligible for acceptance based on each offer return rate associated with each request and the desired return rate for the first entity and select one or more invoices associated with the selected one or more digital representations for early payment from the cash pool amount, the at least one algorithm comprising one of:
an exact algorithm to select the one or more invoices to return exactly the desired return rate to the first entity and enable the plurality of second entities having the selected one or more invoices to retain any extra return over the desired return rate;
a split difference algorithm to select the one or more invoices to return at least the desired return rate to the first entity and split at least some extra return over the desired return rate between the first entity and the plurality of second entities having the selected one or more invoices; and
an under hurdle max algorithm to (i) exclude one or more first requests from the plurality of second entities that provide a lowest degree of return as compared with other requests of the one or more requests and (ii) select one or more second requests from the plurality of second entities that provide a highest degree of return as compared with the other requests of the one or more requests and select one or more third requests from one or more third entities that provide a degree of return between the lowest degree of return and the highest degree of return as compared with the other requests of the one or more requests to return at least the desired return rate to the first entity and split at least some extra return over the desired return rate between the first and the plurality of second entities.