Patent ID: 8195550
Filing Date: 2012-06-05
Classification: G06Q

Abstract:
1. A method of estimating spend capacity of a company, comprising: modeling, by a computer-based system configured to estimate spend capacity of a company, industry spending patterns using individual corporate data and aggregate corporate data, wherein the computer-based system comprises a computer processor and a tangible memory; calculating, by the computer-based system, total known business spending of the company; determining, by the computer-based system, the total operating expenses of the company; identifying, by the computer-based system, cardable operating expenses of the company from the total operating expenses of the company; and estimating, by the computer-based system, a commercial size of spending wallet of the company based on, at least, financial statement data of the company, total known business spending of the company, trade credit data and the model of industry spending patterns, wherein the commercial size of spending wallet comprises the company's cost of goods sold plus the cardable operating expenses of the company.