System and method for calculating savings
AssigneeAmerican Express Travel Related Services Company, Inc.
InventorsBrian Charles Bender, Richard A. Chinitz, Michael W. Hoherchak, Lynne Madorsky, Irfan S. Pirmohamed, Gail Renee Richards
Life of this patent
Estimating the term…
Abstract
A system and method for calculating savings using a savings calculator for calculating savings realized over a period of time for several travel-related categories of expenses using respective pre-defined formulas and for producing a savings summary report and worksheets.
Claims18
A method comprising:
- receiving, by a computer-based system for calculating savings, raw data;
- categorizing, by the computer-based system, the raw data into a plurality of categories of data, each category of data corresponding to one of a plurality of pre-defined variables, the plurality of pre-defined variables comprising an online transaction volume, a change in adoption rate, and a difference between an agent assisted transaction fee and an online transaction fee;
- multiplying, by the computer-based system, the online transaction volume, by the change in adoption rate and by the difference between the agent assisted transaction fee and the online transaction fee, to obtain a savings between the agent assisted transaction fee and an online travel reservations;
- displaying, by the computer-based system, the savings to a customer;
- and
- receiving, by the computer-based system, an online travel reservation from the customer in response to the displaying the savings.
A system comprising:
- a processor for calculating savings,
- a tangible, non-transitory memory configured to communicate with the processor,
- the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to capable of performing operations comprising:
- receiving, by the processor, raw data;
- categorizing, by the processor, the raw data into a plurality of categories of data, each category of data corresponding to one of a plurality of pre-defined variables, the pre-defined variables comprising an online transaction volume, a change in adoption rate, and a difference between an agent assisted transaction fee and an online transaction fee;
- multiplying, by the processor, the online transaction volume, by the change in adoption rate and by the difference between the agent assisted transaction fee and the online transaction fee, to obtain a savings between the agent assisted transaction fee and an online travel reservations;
- displaying, by the processor, the savings to a customer;
- and
- receiving, by the computer-based system, an online travel reservation from the customer in response to the displaying the savings.
An article of manufacture including a non-transitory, tangible computer readable storage medium having instructions stored thereon that, in response to execution by a computer-based system for calculating savings, cause the computer-based system to be capable of performing operations comprising:
- receiving, by the computer-based system, raw data;
- categorizing, by the computer-based system, the raw data into a plurality of categories of data, each category of data corresponding to one of a plurality of pre-defined variables, the pre-defined variables comprising an online transaction volume, a change in adoption rate, and a difference between an agent assisted transaction fee and an online transaction fee;
- multiplying, by the computer-based system, the online transaction volume, by the change in adoption rate and by the difference between the agent assisted transaction fee and the online transaction fee, to obtain a savings between the agent assisted transaction fee and an online travel reservations;
- displaying, by the computer-based system, the savings to a customer;
- and
- receiving, by the computer-based system, an online travel reservation from the customer in response to the displaying the savings.
Dependencies are inferred from the claim text.