Assessing enterprise credit quality
US10223745B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 30, 2013 |
| Grant date | Mar 5, 2019 |
| Priority date | — |
| Expiry date | Aug 30, 2033 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/02
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for generating a credit risk score of a business entity. The method includes identifying a business management application (BMA) used by the business entity and a plurality of trading partners of the business entity, selecting, from the plurality of trading partners, a plurality of selected trading partners based on a pre-determined business activity measure of each of the plurality of trading partners, obtaining, from the BMA, a plurality of invoice payment records of the business entity paying the plurality of selected trading partners, analyzing, by a computer processor, the plurality of invoice payment records to generate a plurality of invoice payment statistics representing payment behavior of the business entity, and generating, by the computer processor and using a pre-determined formula, the credit risk score based on the plurality of invoice payment statistics.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.