Method, system, and computer-readable medium for managing and collecting receivables
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United States of America Patent
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Dec 18, 2012
Grant Date -
Dec 1, 2011
app pub date -
May 12, 2011
filing date -
May 12, 2010
priority date (Note) -
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Abstract
A method, system, and computer-readable medium for managing and collecting receivables are disclosed. Such a method includes providing at least one pre-existing account with first account information, the first account information having first account party data and providing at least one new account, each new account comprising new account information, the new account information having new account party data. The method also includes determining whether the first account party data of the pre-existing account matches the new account party data of the at least one new account and if so, tying the at least one new account with the matching pre-existing account to create a tied account. The method further includes calculating a score for any unmatched new account and any tied account based on at least one financial parameter and applying one or more collection strategies.
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