The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 20, 2014
Filed:
Dec. 29, 2011
Pawan R. Chowdhary, Montrose, NY (US);
Amit Dhurandhar, Yorktown Heights, NY (US);
Markus R. Ettl, Ossining, NY (US);
Soumyadip Ghosh, Peekskill, NY (US);
Bruce C. Graves, Yorktown, NY (US);
William S. Schaefer, Durham, NC (US);
Karthik Sourirajan, White Plains, NY (US);
Yu Tang, Lagrangeville, NY (US);
Pawan R. Chowdhary, Montrose, NY (US);
Amit Dhurandhar, Yorktown Heights, NY (US);
Markus R. Ettl, Ossining, NY (US);
Soumyadip Ghosh, Peekskill, NY (US);
Bruce C. Graves, Yorktown, NY (US);
William S. Schaefer, Durham, NC (US);
Karthik Sourirajan, White Plains, NY (US);
Yu Tang, Lagrangeville, NY (US);
International Business Machines Corporation, Armonk, NY (US);
Abstract
Managing spend compliance may include receiving a set of spend transaction records containing one or more spend attributes, one or more compliance business rules and one or more investment scenarios that increase spend compliance. The compliance business rules may be applied to the transaction records and segments of transactions with predetermined high savings opportunities may be determined. A prioritized investment plan over one or more time periods that yield optimized return on investment may be generated based on applying the segments of transactions and the investment scenarios.