Invention Grant
- Patent Title: Optimizing procurement spend compliance
- Patent Title (中): 优化采购支出合规性
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Application No.: US13339626Application Date: 2011-12-29
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Publication No.: US08732090B2Publication Date: 2014-05-20
- Inventor: Pawan R. Chowdhary , Amit Dhurandhar , Markus R. Ettl , Soumyadip Ghosh , Bruce C. Graves , William S. Schaefer , Karthik Sourirajan , Yu Tang
- Applicant: Pawan R. Chowdhary , Amit Dhurandhar , Markus R. Ettl , Soumyadip Ghosh , Bruce C. Graves , William S. Schaefer , Karthik Sourirajan , Yu Tang
- Applicant Address: US NY Armonk
- Assignee: International Business Machines Corporation
- Current Assignee: International Business Machines Corporation
- Current Assignee Address: US NY Armonk
- Agency: Scully, Scott, Murphy & Presser, P.C.
- Agent Daniel P. Morris, Esq.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
Managing spend compliance may include receiving a set of spend transaction records containing one or more spend attributes, one or more compliance business rules and one or more investment scenarios that increase spend compliance. The compliance business rules may be applied to the transaction records and segments of transactions with predetermined high savings opportunities may be determined. A prioritized investment plan over one or more time periods that yield optimized return on investment may be generated based on applying the segments of transactions and the investment scenarios.
Public/Granted literature
- US20130173493A1 OPTIMIZING PROCUREMENT SPEND COMPLIANCE Public/Granted day:2013-07-04
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