Systems and Methods for Evaluating Risks Associated with a Contractual Service Agreement
AssigneeGeneral Electric Company
InventorsRahul J. Chillar, LeeAnn Crull
Life of this patent
Estimating the term…
Abstract
Systems and methods for evaluating risks associated with a contractual service agreement are provided. According to one embodiment, a system may include a processor configured to analyze the contractual service agreement to determine risk categories associated with the contractual service agreement. The system may receive risk parameters associated with the one or more risk categories and weights associated with the one or more risk parameters. The weights may be associated with the risk parameters to produce weighted risk parameters. The risk associated with the contractual service agreement may be evaluated by adding the weighted risk parameters.
Claims20
A computer-implemented method for evaluating risks associated with a contractual service agreement, the method comprising:
- analyzing, by a processor, the contractual service agreement to determine one or more risk categories associated with the contractual service agreement;
- receiving, by the processor, one or more risk parameters associated with the one or more risk categories;
- receiving, by the processor, one or more weights associated with the one or more risk parameters;
- associating, by the processor, the one or more weights with the one or more risk parameters to produce one or more weighted risk parameters;
- and
- scoring, by the processor, the risk by adding the one or more weighted risk parameters to produce a risk score associated with the contractual service agreement.
A system for evaluating risks associated with a contractual service agreement, the system comprising:
- a processor;
- a memory comprising computer-readable instructions for execution by the processor, wherein the processor is configured to:
- analyze the contractual service agreement to determine one or more risk categories associated with the contractual service agreement;
- receive one or more risk parameters associated with the one or more risk categories;
- receive one or more weights associated with the one or more risk parameters;
- associate the one or more weights with the one or more risk parameters to produce one or more weighted risk parameters;
- and
- score the risk by adding the one or more weighted risk parameters to produce a risk score associated with the contractual service agreement.
A non-transitory computer-readable medium comprising instructions, which when executed by one or more processors, perform the following operations:
- analyze a contractual service agreement to determine one or more risk categories associated with the contractual service agreement;
- receive one or more risk parameters associated with the one or more risk categories;
- receive one or more weights associated with the one or more risk parameters;
- associate the one or more weights with the one or more risk parameters to produce one or more weighted risk parameters;
- and
- score the risk by adding the one or more weighted risk parameters to produce a risk score associated with the contractual service agreement.
Dependencies are inferred from the claim text.