Financial statement analyzer

• US 8,452,679 B2
• Filed: 08/26/2011
• Issued: 05/28/2013
• Est. Priority Date: 08/26/2011
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Chopra, Amit, Gambhir, Rachna, Masih, Shane Prakash, Chugh, Ashu, Bidkar, Prashant A.
• Primary Examiner(s): JOHNSON, GREGORY L
• Application Number:
  US13/218,638
• Publication Number:
  US 20130054300A1
• Time in Patent Office: 641 Days
• Field of Search: None
• US Class Current: 705/35
• CPC Class Codes: G06Q 10/00 Administration; Management
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Apparatus, methods and media for providing a supply chain link performance change indicator. The apparatus may include, and the methods and media may involve a processor module, a receiver module and an output device. The processor module may provide to a user a vector selection control. The receiver module may receive financial data corresponding to the supply chain link. The financial data may include a plurality of vectors. The receiver may receive via the vector selection control a first vector identifier corresponding to a first vector in the plurality of vectors and a second vector identifier corresponding to a second vector in the plurality of vectors. The output device may provide to the user a first supply chain link performance change indicator corresponding to the first vector and a second supply chain link performance change indicator corresponding to the second vector.

Claims

1. Apparatus for providing a supply chain link performance change indicator, the apparatus comprising:

a processor module including hardware that is configured to provide to a user a vector selection control and to formulate a margin vector by normalizing elements AR_i of a third vector of the plurality of vectors to corresponding elements R_i of a fourth vector of the plurality of vectors wherein each element m_i of the margin vector is computed as AR_i/R_i;

a receiver module including hardware that is configured to;

receive financial data corresponding to the supply chain link, the financial data including a plurality of vectors; and

receive via the vector selection control a first vector identifier corresponding to a first vector in the plurality of vectors and a second vector identifier corresponding to a second vector in the plurality of vectors; and

an output device that is configured to provide to the user a first supply chain link performance change indicator corresponding to the first vector and a second supply chain link performance change indicator corresponding to the second vector and a margin change vector having elements representing changes between elements m_i of the margin vector, the margin change vector having elements M_i=(m_i−

m_i-1)/m_i-1.

2. The apparatus of claim 1 wherein:

the receiver is further configured to receive from the user a magnitude threshold;

the output device is further configured to provide to the user;

a financial data vector magnitude filter control; and

a subset of the financial data that exceeds the magnitude threshold.

3. The apparatus of claim 2 wherein:

the output device is further configured to provide to the user a financial data vector rate filter control;

the receiver is further configured to receive from the user a rate threshold; and

the processor is further configured to remove from the subset financial data that does not exceed the rate threshold.

4. The apparatus of claim 3 wherein the output device is further configured to provide to the user:

an income statement analysis control; and

,

in response to receiving from the user an instruction to present income statement data, a change index that corresponds to a supply chain link financial change between a first time period and a second time period.

5. The apparatus of claim 1 wherein the receiver is further configured to receive from the user a selection identifying the fourth vector.

6. The apparatus of claim 1 wherein the fourth vector is a revenue vector.

7. The apparatus of claim 1 wherein the first vector is the same as the fourth vector.

8. One or more computer-readable media storing computer-executable instructions which, when executed by a processor on a computer system, perform a method for providing a supply chain link performance change indicator, the method comprising:

receiving financial data corresponding to the supply chain link, the financial data including a plurality of vectors;

providing to a user a vector selection control;

receiving via the vector selection control a first vector identifier corresponding to a first vector in the plurality of vectors and a second vector identifier corresponding to a second vector in the plurality of vectors;

providing to the user a first supply chain link performance change indicator corresponding to the first vector and a second supply chain link performance change indicator corresponding to the second vector;

formulating a margin vector by normalizing elements AR_i of a third vector of the plurality of vectors to corresponding elements R_i of a fourth vector of the plurality of vectors wherein each element m_i of the margin vector is computed as AR_i/R_i; and

providing to the user a margin change vector having elements representing changes between elements m_i of the margin vector, the margin change vector having elements M_i=(m_i−

m_i-1)/m_i-1.

9. The media of claim 8 wherein the method further comprises:

providing to the user a financial data vector magnitude filter control;

receiving from the user a magnitude threshold; and

providing to the user a subset of the financial data that exceeds the magnitude threshold.

10. The media of claim 9 wherein the method further comprises:

providing to the user a financial data vector rate filter control;

receiving from the user a rate threshold; and

removing from the subset financial data that does not exceed the rate threshold.

11. The media of claim 10 wherein the method further comprises:

providing to the user an income statement analysis control;

in response to receiving from the user an instruction to present income statement data, providing to the user a change index that corresponds to a supply chain link financial change between a first time period and a second time period.

12. The media of claim 11 wherein the method further comprises:

formulating an actual change vector by calculating differences between elements of the third vector of the plurality of vectors; and

providing to the user the actual change vector, the actual change vector including the change index.

13. The media of claim 12 wherein the method further comprises receiving from the user a selection identifying the third vector.

14. The media of claim 12 wherein, in the method, the first vector is the same as the third vector.

15. A method for providing a supply chain link performance change indicator, the method comprising:

using a receiver, receiving financial data corresponding to the supply chain link, the financial data including a plurality of vectors;

using a processor, providing to a user a vector selection control and formulating a margin vector by normalizing elements AR_i of a third vector of the plurality of vectors to corresponding elements R_i of a fourth vector of the plurality of vectors wherein each element m_i of the margin vector is computed as AR_i/R_i;

using the receiver, receiving via the vector selection control a first vector identifier corresponding to a first vector in the plurality of vectors and a second vector identifier corresponding to a second vector in the plurality of vectors; and

using an output device, providing to the user a first supply chain link performance change indicator corresponding to the first vector and a second supply chain link performance change indicator corresponding to the second vector and a margin change vector having elements representing changes between elements m_i of the margin vector, the margin change vector having elements M_i=(m_i-m_i-1)/m_i-1.

16. The method of claim 15 further comprising:

using the output device, providing to the user a financial data vector magnitude filter control;

using the receiver, receiving from the user a magnitude threshold; and

using the output device, providing to the user a subset of the financial data that exceeds the magnitude threshold.

17. The method of claim 16 further comprising:

using the output device, providing to the user a financial data vector rate filter control;

using the receiver, receiving from the user a rate threshold; and

using the processor, removing from the subset financial data that does not exceed the rate threshold.

18. The method of claim 17 further comprising:

using the output device, providing to the user an income statement analysis control; and

,

in response to receiving from the user an instruction to present income statement data, providing to the user a change index that corresponds to a supply chain link financial change between a first time period and a second time period.

19. The method of claim 18 further comprising:

using the output device, formulating a relative change vector by calculating relative differences between elements of the third vector of the plurality of vectors; and

using the output device, providing to the user the relative change vector, the relative change vector including the change index.

20. The method of claim 19 further comprising using the receiver to receive from the user a selection identifying the third vector.

21. The method of claim 19 wherein the first vector is the same as the third vector.