Using commercial share of wallet to rate business prospects
First Claim
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1. A method comprising:
- modeling, by a financial assessment computer-based system, industry spending patterns, wherein the computer-based system comprises a computer processor and a tangible, non-transitory memory and wherein the modeling comprises;
identifying the cost of goods sold and operating expenses;
at least one of identifying the cardable operating expenses from the operating expenses and identifying a cardable operating expenses ratio from aggregate corporate data;
at least one of summing the cardable operating expenses with the cost of goods sold and summing the cost of goods sold with the product of operating expenses and the cardable operating expenses ratio;
estimating, by the financial assessment computer-based system, a commercial size of spending wallet of a company based on, at least, known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns, and wherein the model of industry spending patterns is used to infer financial statement data and spending data that is not known.
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Abstract
Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company'"'"'s spend capacity. Research analysts can use CSoW/CSoSW to provide a comprehensive and robust indication of the business prospects of a rated company.
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Citations
20 Claims
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1. A method comprising:
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modeling, by a financial assessment computer-based system, industry spending patterns, wherein the computer-based system comprises a computer processor and a tangible, non-transitory memory and wherein the modeling comprises; identifying the cost of goods sold and operating expenses; at least one of identifying the cardable operating expenses from the operating expenses and identifying a cardable operating expenses ratio from aggregate corporate data; at least one of summing the cardable operating expenses with the cost of goods sold and summing the cost of goods sold with the product of operating expenses and the cardable operating expenses ratio; estimating, by the financial assessment computer-based system, a commercial size of spending wallet of a company based on, at least, known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns, and wherein the model of industry spending patterns is used to infer financial statement data and spending data that is not known. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A system comprising:
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a computer processor configured for financial assessment; and a tangible, non-transitory computer-readable medium having instructions stored thereon that, in response to execution by the computer processor, cause the computer processor to perform operations comprising; modeling, by the computer processor, industry spending patterns, wherein the modeling comprises; identifying the cost of goods sold and operating expenses; at least one of identifying the cardable operating expenses from the operating expenses and identifying a cardable operating expenses ratio from aggregate corporate data; at least one of summing the cardable operating expenses with the cost of goods sold and summing the cost of goods sold with the product of operating expenses and the cardable operating expenses ratio; estimating, by the computer processor, a commercial size of spending wallet of a company based on, at least, known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns, and wherein the model of industry spending patterns is used to infer financial statement data and spending data that is not known. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16)
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17. An article of manufacture including a non-transitory computer-readable medium having instructions stored thereon that, in response to execution by a computing device configured for financial assessment, cause the computing device to perform operations comprising:
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modeling, by the computing device, industry spending patterns, wherein the modeling comprises; identifying the cost of goods sold and operating expenses; at least one of identifying the cardable operating expenses from the operating expenses and identifying a cardable operating expenses ratio from aggregate corporate data; at least one of summing the cardable operating expenses with the cost of goods sold and summing the cost of goods sold with the product of operating expenses and the cardable operating expenses ratio; estimating, by the computing device, a commercial size of spending wallet of a company based on, at least, known financial statement data of the company, total known business spending of the company, and the model of industry spending patterns, and wherein the model of industry spending patterns is used to infer financial statement data and spending data that is not known. - View Dependent Claims (18, 19, 20)
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Specification