Yu U Tang

US Patent:

20130173493, Jul 4, 2013

Filed:

Dec 29, 2011

Appl. No.:

13/339626

Inventors:

Pawan R. Chowdhary - Montrose NY, US
Amit Dhurandhar - Yorktown Heights NY, US
Markus R. Ettl - Ossining NY, US
Soumyadip Ghosh - Peekskill NY, US
Bruce C. Graves - Yorktown NY, US
William S. Schaefer - Durham NC, US
Karthik Sourirajan - White Plains NY, US
Yu Tang - Lagrangeville NY, US

Assignee:

International Business Machines Corporation - Armonk NY

International Classification:

G06Q 40/06

US Classification:

705 36 R

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.