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Data enrichment using business compendium

  • US 9,582,555 B2
  • Filed: 09/06/2012
  • Issued: 02/28/2017
  • Est. Priority Date: 09/06/2012
  • Status: Active Grant
First Claim
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1. A computer system comprising:

  • one or more processors;

    a software program, executable on said computer system, the software program configured to;

    cause an enrichment engine to receive an input data set comprising a first supplier and a second supplier;

    cause the enrichment engine to perform standardization and cleansing of the input data set, the standardization comprising validating supplier addresses to a locality/city level;

    cause the enrichment engine to identify duplicate entries in the input data set;

    cause a matching component of the enrichment engine to perform matching of non-duplicate entries of the input data set to a business compendium having data compiled from a third party source, wherein the matching is performed according to criteria comprising,a first priority comprising name or address having a score greater than a minimum and changed manually in the past,a second priority comprising name or address having the score greater than the minimum and generated by a matching engine,a third priority comprising the third party source as a preferred data provider, anda fourth priority comprising a most recent updating;

    cause the enrichment engine to create an enriched data set including additional information based upon the matching, wherein the additional information comprises common corporate ownership and a unique supplier location indicating the first supplier as a subsidiary of the second supplier; and

    providing the enriched data set to a user for manual review.

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