Patent ID: 7756787
Filing Date: 2010-07-13
Classification: G06Q

Abstract:
1. A computer-implemented method of determining an optimal bill payment plan corresponding to a plurality of payment obligations in accounts payable of a finance account while evaluating a plurality of objectives related to amounts of payments in the bill payment plan for a day, comprising a 24 hour period, the computer-implemented method comprising: generating, by a computer processor, a genome population having a first set of vectors, each vector representing the bill payment plan, numerically defining for each payment obligation a payment amount; and modifying iteratively, by the computer processor, the genome population using a genetic algorithm until a vector of the first set of vectors forming the optimal bill payment plan is determined that maximizes a total amount of payment of the payment obligations on the day within an amount of available cash in the finance account for the day while simultaneously evaluating the plurality of objectives,