Multi-step day sales outstanding forecasting
US11107166B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Sep 25, 2018 |
| Grant date | Aug 31, 2021 |
| Priority date | — |
| Expiry date | Feb 8, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N7/01
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
Methods, systems, and apparatus, including computer programs encoded on a computer storage medium, to predict future Day Sales Outstanding (DSO) forecasts for a number of future time periods. In one aspect, a method includes receiving open receivables financial line item data and revenue financial line item data, providing the open receivables financial line item data to a DSO predictor engine to generate a predicted open receivables that includes a multi-step time series forecasting regression generated from the open receivables financial line item data, providing the revenue financial line item data to the DSO predictor engine to generate a predicted revenue comprising the multi-step time series forecasting regression generated from the revenue financial line item data; generating a predicted DSO with the predicted open receivables and predicted revenue, and providing the predicted DSO to a client device.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.