DETERMINING COMMERCIAL SHARE OF WALLET

摘要

Commercial size of spending wallet (“SoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“SoW”) is the portion of the spending wallet that is captured by a particular financial company. Commercial SoW is a modeling approach that utilizes various data sources to provide outputs that describe a company's spend capacity. These outputs can be appended to data profiles of customers and prospects and can be utilized to support decisions involving prospecting, new account evaluation, and customer management across the lifecycle. Company financial statements are utilized to identify and calculate total business spend of a company that could be transacted using a commercial credit card. A spend-like regression model may then be developed to estimate annual commercial SoSW value for customers and prospects within a credit network.

主权项

1. A method comprising:
ordering, by an ordering computer-based system, an estimation of a commercial size of spending wallet of a company; and receiving, by the ordering computer-based system, the estimation of the commercial size of spending wallet of the company, wherein the estimation is created by estimating the commercial size of spending wallet of the company based on spending of the company and a model of industry spending patterns, wherein the commercial size of spending wallet comprises the company's cost of goods sold plus the cardable operating expenses of the company.