Patent ID: 7962403

Claim:
A non-transitory computer readable medium containing a program which, when executed by a processor, performs a method comprising: aggregating at least one of account receivable data and payment data of a debtor (i) from each of a plurality of creditors (j); and using the aggregated debtor data and debtor data from the plurality of the creditors (j) determining a probability of a credit or collection event (P(CCE ij )) of the debtor (i) with respect to at least one creditor of the plurality of the creditors (j); storing, in a memory, values corresponding to the (P(CCE ij )), wherein the P(CCE ij ) is determined according to the following model: P(CCE ij ) is a function of (AR ij , APP ij , OTHER i , BCDI i1 , BCDI i2 . . . BCDI iJ ); where (AR ij ) comprises accounts receivable data for debtor (i) with creditor (j); (APP ij ) comprises optional internal data for debtor (i) with creditor (j); (OTHER j ), comprises optional third party data on debtor (i) selected from at least one of a credit bureau, a demographic data source or a private data source; and (BCDI ij ) comprises Business Credit Data Interchange data elements for debtor (i) across all J creditors in the BCDI; and making a credit decision utilizing the stored values corresponding to the (P(CCE ij )).