US 2020/0265443 A1 · EVENT PREDICTION USING ARTIFICAL INTELLEGENCE

Abstract

Provided techniques manage and predict future events. For example, in a payment implementation, a supplier, at any given point in time, has multiple customer debtors that may owe payments (e.g., have outstanding invoices). Utilizing historical attributes for a given customer debtor payment predictions may be determined. By analyzing outstanding debts associated with this debtor customer an amount owed may be calculated and a predicted payment (e.g., a payment that has not yet been indicated by that debtor customer) created. Events may be provided to a second system to correlate predictions across multiple debtor collectors. Correlated information may be used to predict cash flow needs of an organization. Alternatively, optimization of help desk systems may be provided based on predictions from analysis of multiple events in an Event-driven feed back system. Provided techniques may be generalized to other applications as well.

Claims20

Dependent claims

A computer-implemented method of managing and predicting payment events that originate or are expected to originate from a customer debtor, the method comprising:

utilizing historical attributes associated with a first debtor customer to determine historical attributes regarding payments;
analyzing outstanding debts associated with the first debtor customer, the outstanding debts including one or more outstanding invoice amounts, each including invoice information, owed to a supplier from the first debtor customer;
creating an event associated with the first debtor customer, the event including information derived using the historical attributes, the invoice information, and prediction metrics;
populating the prediction metrics in the event to indicate a predicted payment time and amount from the first debtor customer;
and
providing the event to an event processor system to recognize the predicted payment relative to the outstanding invoice amounts.

3 more elements

A non-transitory computer readable medium comprising computer executable instructions that, when executed by one or more processing units, cause the one or more processing units to:

utilize historical attributes associated with a first debtor customer to determine historical attributes regarding payments;
analyze outstanding debts associated with the first debtor customer, the outstanding debts including one or more outstanding invoice amounts, each including invoice information, owed to a supplier from the first debtor customer;
create an event associated with the first debtor customer, the event including information derived using the historical attributes, the invoice information, and prediction metrics;
populate the prediction metrics in the event to indicate a predicted payment time and amount from the first debtor customer;
and
provide the event to an event processor system to recognize the predicted payment relative to the outstanding invoice amounts.

3 more elements

A computer system comprising:

one or more processors;
a memory communicatively coupled to the one or more processors and storing instructions executable by the one or more processors to cause the one or more processors to:
utilize historical attributes associated with a first debtor customer to determine historical attributes regarding payments;
analyze outstanding debts associated with the first debtor customer, the outstanding debts including one or more outstanding invoice amounts, each including invoice information, owed to a supplier from the first debtor customer;
create an event associated with the first debtor customer, the event including information derived using the historical attributes, the invoice information, and prediction metrics;
populate the prediction metrics in the event to indicate a predicted payment time and amount from the first debtor customer;
and
provide the event to an event processor system to recognize the predicted payment relative to the outstanding invoice amounts.

5 more elements

Dependencies are inferred from the claim text.

Event prediction using artifical intellegence

Life of this patent

Event prediction using artifical intellegence

Life of this patent

Abstract

Claims20