Economic impact analysis and supplier interface system
US8504407B2 · kind B2 · utility
Inventors
Key dates
| Filing date | Feb 12, 2009 |
| Grant date | Aug 6, 2013 |
| Priority date | — |
| Expiry date | Aug 24, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method, apparatus and program product may measure the economic impact of a business venture on a targeted area. An organization's expenditure data may be automatically analyzed in conjunction with supplier survey data indicative of how the initial project budget investment is re-spent. Correspondence prompting payees to upload the survey data may be automatically generated and sent. A multiplier or other economic indicator useful in analyzing economic impact may be automatically generated using the original investment figure, as well as the expenditure and survey data. Program code may enable modeling of different scenarios to optimize money allocation.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.