Computer-implemented method, system, and computer program product for automated forecasting
US11636403B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 27, 2019 |
| Grant date | Apr 25, 2023 |
| Priority date | — |
| Expiry date | Jan 27, 2040 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer-implemented method for automated forecasting of cash flow includes: monitoring, while a plurality of first transactions are being processed in a payment network, payable transaction data associated with the plurality of first transactions, the plurality of first transactions initiated with at least one account issued to a merchant; monitoring, while a plurality of second transactions are being processed in a payment network, receivable transaction data associated with the plurality of second transactions, the plurality of second transactions between the merchant and a plurality of users; determining, based on the payable transaction data and the receivable transaction data, a plurality of seasonal variables; and generating a cash flow forecast associated with the merchant, the cash flow forecast generated based on the plurality of seasonal variables. A system and computer program product for automated forecasting of cash flow are also disclosed.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.