PATENT CLAIM ANALYSIS

Application Number: 16014120
Application Type: Utility
Filing Date: 2018-06
Publication Date: 2019-03
Patent Classification: ["705", "038000"]

Abstract:
A system that automatically manages a collateral risk and a business performance of an entity is provided. The system generates a customizable database to store critical accounting and ancillary business information. The system automatically updates the customized database at predefined time periods based on new accounting and ancillary business information. The system automatically enables the customized database for scalable assessment of a collateral risk and a business performance of an entity. The system determines the collateral risk and business performance of an entity and provides the collateral risk, and business performance of the entity and an analytical summary of the accounting and the ancillary business information to a machine learning model. The system recommends actions to be performed to reduce the collateral risk and to improve the business performance based on the accounting and ancillary business information. The system enables a user to perform the actions to reduce the collateral risk and to improve the business performance of the entity.

Claim (Index 8):
The one or more non-transitory computer readable storage mediums storing one or more sequences of instructions of  claim 7 , wherein said generating of said analytical report comprises generating a snapshot of statistics of said accounting and ancillary business information associated with:\n (a) said plurality of customers based on business volume, credit terms, a credit limit, an account receivable (AR) insurance limit, a longevity of business relationship, a type of customers business, a classification of said customers, a business location, a recent dated credit rating, AR balances from said customers who are critical for said business during recent accounting periods, a percentage AR from concentration accounts to a percentage AR of total business, changes or trends in said business volume and outstanding balances at recent accounting period compared to selected prior accounting periods, average AR balances, sales and collections from said critical customers during said accounting period, wherein periodical performance and said average AR balances from said critical customers of the selected prior accounting period are compared with said recent accounting period; (b) said plurality of vendors based on business volume, credit terms, a credit limit, a longevity of business relationship, a type of their business, a classification of said vendors, a business location, account payable (AP) balances from said customers who are critical for said business during recent accounting periods, a percentage AP from concentration accounts to a percentage AP of total business, changes or trends in said business volume and outstanding balances at recent accounting period compared to selected prior accounting periods, average AP balances, purchases and payments to said critical vendors during said accounting period, wherein periodical performance and said average AP balances from said critical customers of the selected prior accounting period are compared with said recent accounting period; and (c) a type, a plurality and composition of inventories based on business volume, a season of business, a type of business, a classification of said inventories, a location of said inventories that are critical for the business during the recent accounting periods, a percentage composition of critical inventory to a percentage of total business inventory, and changes or trends in said business volume and outstanding balances at recent accounting periods compared to selected prior accounting periods.

Metadata:
- Claim Count in Document: 50.0
- Percentile: 94.0
- Lexical Diversity: 2.94737
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['10329309', '12854402', '12534475', '12534545', '09391774']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1227685615523461
- 35 USC 102 Novelty (BERT): 0.5331693347912934
- Combined Prediction Score: 0.1638086388762408
- Mean Citation Score: 302.563298
- Max Citation Score: 348.4437
- Similarity Product: 240.2282456740737

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test