Travel savings assessment
AssigneeAmerican Express Travel Related Services Company, Inc.
InventorsDionino Di Florio, Michael Parker, Olivier Sauser
Life of this patent
Estimating the term…
Abstract
A method and system for travel savings assessment is disclosed. The invention analyzes the total travel spend of an entity with many members, employees, or other personnel who incur travel costs using various metrics, estimates the savings that may be achieved by known or new entities, calculates and produces periodic reports that track an entity's progress towards obtaining the estimated savings, and can also estimate the potential savings of an entity.
Claims15
A method for facilitating an assessment of travel savings comprising:
- creating a plurality of clusters based on first travel data, wherein said first travel data is related to known entities;
- receiving second travel data associated with a new entity;
- assigning said new entity to one of said plurality of clusters to create an assigned cluster;
- and,
- generating an assessment of travel savings for said new entity based on said assigned cluster.
A computer-readable storage medium containing a set of instructions for a general purpose computer comprising:
- creating a plurality of clusters based on first travel data, wherein said first travel data is related to known entities;
- receiving second travel data associated with a new entity;
- assigning said new entity to one of said plurality of clusters to create an assigned cluster;
- and,
- generating an assessment of travel savings for said new entity based on said assigned cluster.
Dependencies are inferred from the claim text.