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Risk based data assessment

A risk assessment and data technology, applied in data processing applications, finance, instruments, etc., can solve problems such as incorrect customer refunds, large amounts of business agencies, and indirect costs.

Inactive Publication Date: 2008-06-04
ACCENTURE GLOBAL SERVICES LTD
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

In cases where the risk assessment is not accurate enough and incorrect / incomplete data is processed, agencies such as the tax office will incorrectly issue refunds to customers and / or fail to collect the correct tax from their customers
On the other hand, if automated data collection and processing systems cannot be trusted to accurately assess the data provided by clients, then the agency will incur significant indirect costs as a result of performing extensive manual intervention to mitigate the risks associated with processing incorrect data. cost

Method used

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Examples

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Embodiment Construction

[0041] Embodiments of the present invention will now be described using the example of a government or statutory taxing authority such as the Inland Revenue with respect to their procedures for collecting customer data or processing that data as part of tax assessment submissions. The word "lodgement" is used throughout this specification to describe the process of depositing or committing data to an entity requesting such data. In some countries this process is called "submission" and these terms should be considered synonymous. In the description below, the term "filing" is used to describe the filing of a tax return by the taxpayer. Initially, a general prior art implementation is described in detail, followed by an embodiment of the present invention as applied to a process of assessing the risk of incomplete and / or incorrect data in a tax return document.

[0042] Prior Art Implementations of Tax Assessment Processing

[0043] The tax assessment process is a process car...

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Abstract

A system for receiving and processing data includes a data processing and verification component that accepts data from a client in an electronic format and identifies therefrom data elements that can be directly verified. A risk assessment component receives data elements that have not been identified as directly verifiable and assesses a risk that the data elements are incomplete or incorrect. The risk assessment component generates risk assessment data. A decision support component receives the risk assessment data from the risk assessment component and selects appropriate actions for subsequent processing of the client data according to the assessment of risk contained in the risk assessment data.

Description

technical field [0001] The present invention generally relates to a system and method for receiving data and performing risk assessments on the data to determine future actions. The systems and methods of the present invention are particularly useful for receiving data from customers, performing an assessment of the risk of incomplete or incorrect data, and deciding on future actions based on the results of this assessment. The systems and methods of the present invention have application in any situation where data is collected from individuals or entities that cannot be trusted to provide complete and / or correct data. Background technique [0002] With the advent of large data processing systems, there has been increased efficiency in receiving and processing data received from customers and automatically performing actions based on any received data. [0003] Unfortunately, it is not always possible to trust that the data received from the client is complete and / or corre...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/00
CPCG06Q10/0635G06Q10/0637G06Q40/02G06Q40/08G06Q40/103G06Q40/123
Inventor 马克·彼得·斯托克卡尔·沃德
Owner ACCENTURE GLOBAL SERVICES LTD
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