Using commercial share of wallet to rate business prospects

Abstract

Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. Research analysts can use CSoW/CSoSW to provide a comprehensive and robust indication of the business prospects of a rated company.

What is claimed is: 
     
         1 . A method comprising:
 modeling, by a financial assessment computer-based system, industry spending patterns, wherein the modeling is based on cardable operating expenses, a cost of goods sold, operating expenses and company financial statement data; and   estimating, by the computer-based system, a commercial size of spending wallet of a company based on total known business spending of the company and the model of industry spending patterns.   
     
     
         2 . The method of  claim 1 , further comprising issuing a corporate rating based on at least the commercial size of spending wallet of the company. 
     
     
         3 . The method of  claim 2 , wherein the corporate rating is issued for the company. 
     
     
         4 . The method of  claim 3 , wherein the issuing further comprises issuing a corporate rating based on at least the commercial size of spending wallet of the company and historical financial information of the company. 
     
     
         5 . The method of  claim 2 , wherein the company is a customer of a provider, and the corporate rating is issued for the provider. 
     
     
         6 . The method of  claim 5 , wherein the issuing further comprises issuing a corporate rating for the provider based on the commercial size of spending wallet of the company and historical financial information of the provider. 
     
     
         7 . The method of  claim 2 , wherein the issuing further comprises updating, by the financial assessment computer-based system, an existing corporate rating based on the commercial size of spending wallet of the company. 
     
     
         8 . The method of  claim 1 , wherein the estimating further comprises outputting, by the computer-based system, the commercial size of spending wallet as a score. 
     
     
         9 . The method of  claim 1 , wherein the model of industry spending patterns is used to infer financial statement data that is not known. 
     
     
         10 . The method of  claim 1 , wherein the model of industry spending patterns is used to infer spending data that is not known. 
     
     
         11 . The method of  claim 1 , wherein the modeling is based on a cardable operating expenses ratio. 
     
     
         12 . The method of  claim 1 , wherein the modeling is based on aggregating trade credit data. 
     
     
         13 . The method of  claim 1 , wherein the estimating is based on known financial statement data of the company. 
     
     
         14 . A system comprising:
 a financial assessment computer processor; and   a tangible, non-transitory computer-readable medium having instructions stored thereon that, in response to execution by the computer processor, cause the computer processor to perform operations comprising:
 modeling, by the processor, industry spending patterns, wherein the modeling is based on cardable operating expenses, a cost of goods sold, operating expenses and company financial statement data; and 
 estimating, by the processor, a commercial size of spending wallet of a company based on total known business spending of the company and the model of industry spending patterns. 
   
     
     
         15 . The system of  claim 14 , further comprising issuing a corporate rating based on at least the commercial size of spending wallet of the company. 
     
     
         16 . The system of  claim 15 , wherein the issuing further comprises issuing a corporate rating based on at least the commercial size of spending wallet of the company and historical financial information of the company. 
     
     
         17 . The system of  claim 16 , wherein the issuing further comprises issuing a corporate rating for the provider based on the commercial size of spending wallet of the company and historical financial information of the provider. 
     
     
         18 . The system of  claim 15 , wherein the issuing further comprises updating, by the computer-based system, an existing corporate rating based on the commercial size of spending wallet of the company. 
     
     
         19 . The system of  claim 14 , wherein the estimating further comprises outputting, by the computer-based system, the commercial size of spending wallet as a score. 
     
     
         20 . An article of manufacture including a non-transitory computer-readable medium having instructions stored thereon that, in response to execution by a financial assessment computing device, cause the computing device to perform operations comprising:
 modeling, by a financial assessment computer-based system, industry spending patterns, wherein the modeling is based on cardable operating expenses, a cost of goods sold, operating expenses and company financial statement data; and   estimating, by the computer-based system, a commercial size of spending wallet of a company based on total known business spending of the company and the model of industry spending patterns.