Patent ID: 8024245
Filing Date: 2011-09-20
Classification: G06Q

Abstract:
1. A method implemented by a computer-based system for estimating spending capacity of a company having a processor and a tangible, non-transitory memory, the method comprising: modeling, by the computer-based system, industry spending patterns using individual corporate data and aggregate corporate data to create a model of industry spending patterns; and estimating, by the computer-based system, a commercial size of spending wallet of a company based on, at least, known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns, wherein the commercial size of spending wallet is the total business spending of the company that can be transacted using a payment instrument, wherein the payment instrument is associated with a transaction account, and wherein the model of industry spending patterns is used to infer financial statement data and spending data that is not known.