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 12):
The one or more non-transitory computer readable storage mediums storing one or more sequences of instructions of  claim 1 , wherein said updating of said database comprises\n obtaining account receivable (AR) activity reports that are relevant to each loan ledger and each account in said GL for a recent accounting period; extracting an exchange rate which converts foreign AR collateral based on said covenants, said loan ledger of said recent accounting period for a current accounting period; reconciling AR sub-ledger balance that are relevant to each loan ledger of said recent accounting period with said plurality of accounts of said GL, and in said balance sheet for said current accounting period; applying said exchange rate at said recent accounting period end for converting from said foreign AR to base currency AR; calculating AR turnover days by analyzing said relevant AR activity reports; and updating said database with said AR sub-ledger balance for evaluation, reconciliation and for generating customizable analytical reports.

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): 0.122824626986311
- 35 USC 102 Novelty (BERT): 0.5337737075381349
- Combined Prediction Score: 0.1639195350414934
- Mean Citation Score: 302.563298
- Max Citation Score: 348.4437
- Similarity Product: 228.62669651650785

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