Intuit, Inc.

Siddharth Ram

Richard Neil Preece

Eva Diane Chang

Joseph Timothy Callinan, Jr

Kathy Tsitovich

Alexander S Ran

Colin R Dillard

Madhu Shalini Iyer

Shyam P Nukala

Anup Pramod Mutalik

The method and system involves instant loan decisions by generating a risk profile of a small business (SMB). The risk profile is generated based on accounting data and other third party business management application (BMA) data of the SMB. In particular, the accounting data and other third party BMA data are retrieved from a BMA (e.g., accounting application, payroll application, tax preparation application, personnel application, etc.) as a software-as-an-service (SaaS) used by the SMB. Specifically, the risk profile represents the likelihood of the SMB to be delinquent and/or to default on a loan. The risk profile is then provided to a lender for making an expedient lending decision with respect to the SMB. In addition, statistics of lenders' lending decisions based on provided risk profiles are analyzed to generate a correlation. Accordingly, the algorithm(s) used to generate the risk profile from the accounting data and other third party BMA data are adjusted to maximize the correlation.

Instant lending decisions

A method for modeling risk of a derogatory financial event. The method includes generating a risk profile of a small business (SMB) using a risk model based on accounting data and other third party business management application (BMA) data of the SMB. In particular, the risk model is generated using a training data set that includes accounting data and other third party BMA data of multiple SMBs over particular time periods related to historic derogatory events (e.g., to be delinquent and/or to default on a loan) of these SMBs. Generated using the risk model, the risk profile of the SMB represents the likelihood of a derogatory financial event occurring to the SMB.

Algorithm and models for creditworthiness based on user entered data within financial management application

A method for generating a business health score of a business entity that includes identifying tools used to manage the business entity, obtaining business information from the tools, filtering the business information into at least one data category to obtain categorized business information, populating the categorized business information into a data silo, and analyzing, by a computer processor, the categorized business information in the data silo to create a composite business factor. The method also includes applying an algorithm to the composite business factor to generate a result, generating, based on the result, the business health score of the business entity, and providing the business health score to an interested entity.

Business health score and prediction of credit worthiness using credit worthiness of customers and vendors

A method for cash forecasting creates a plurality of event streams associated with a user of an online accounting service, identifies a first pattern in a first event stream that is a commitment and a second pattern in a second event stream that is a repeated pattern, generates a characterization for each of the plurality of event streams based on each identified pattern for the event stream, predicts one or more expected cash payments and one or more corresponding expected dates for each of the event streams using the characterization for the event stream and a forecasting model, receives a query related to cash flow through an application program interface (API), and responds to the query based on the one or more of the expected cash payments, the corresponding expected dates, and the one or more measures of uncertainty, to the query.

Framework for cash-flow forecasting

A technique for providing information about financial transactions is described. This information technique allows a user, who has conducted financial transactions with one or more other parties, to access information about these financial transactions that is maintained by a provider of financial software, which is used by the one or more other parties to manage the information about the financial transactions. In particular, in this technique, in response to an access request from the user, a portal (such as a web page), which includes the information about the financial transactions between the user and the one or more other parties, is provided by the provider of the financial software to the user.

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Menlo Park, CA, United States of America

Siddharth Ram