40 results about "Financial impact" patented technology

A client-server based system for building and executing flows (i.e., interconnected systems of algorithms). The client allows a user to build a flow specification and send the flow specification to the server. The server assembles the flow from the flow spec and executes the flow. A flow may be configured to analyze the impact (e.g., the financial impact) of a number of uncertainties associated with a plurality of assets. Uncertainty variables are used to characterize the uncertainties associated with the assets. An uncertainty variable associated with one asset may be functionally dependent on an uncertainty variable associated with another asset.

The present invention is directed to the administration of various deferred compensation LTIP and asset account programs that can effectively reduce an individual's income or estate tax by assisting a company in the identification of appropriate employees, and through the use of a novel modeling method and apparatus to implement a deferred compensation program through a novel asset account maintenance plan that permits the employees to benefit from their deferred compensation (such as stock options, Long Term Incentive Plans, deferred compensation or life insurance benefits—“THE UNIQUE SQLUTION®”), while having a minimal financial impact on the company.

A system and method for creating and executing a business model for domain specific decisions to compare possible alternative business solutions to maximize results is provided. A domain-specific return on investment (ROI) or financial measurements model and a calculator for buying and selling information technology based solutions targeted at improving overall business efficiency and effectiveness by reducing lead time, improving probability of success, creating an innovative environment, enhancing corporate image, and reducing cost and improving revenues. These business objectives are connected to the capabilities provided by vendor solutions which are based on technology, process, people, science, or the like, typically through concrete initiatives. Solution components are quantified and used to calculate financial impacts for solution choices.

A reconciliation process identifying financial assets in a financial system that do not also exist in the real world, such as is indicated in a discovery system, generates a list of exceptions that can be examined by type of exception. The list of exceptions also includes aggregate financial impact information for the exceptions, such as aggregate cost, fair market value, and net book value. An interface allows a user to view the financial impact information and better decide how to handle the assets corresponding to the exceptions, such as by retiring at least some of the assets, routing some of the exceptions to another user better able to handle the exceptions, or storing the list so that an investigation can be done into at least some of the assets. The financial impact information becomes particularly critical near quarter-end and year-end, as any material impact to the books requires timely disclosure.

A system and method for making a decision of whether to carry additional fuel on an aircraft for a particular flight based on a forecast, such as for low visibility and ceiling. Preferably, observations-based probabilistic forecasts are utilized. The forecast probability of the weather at the planned aerodrome being below a prescribed minimum level is calculated using statistical regression analysis of past data. An optimal probability is estimated using cost parameters on an individual flight bases. If this forecast probability is greater than the optimal probability for a particular flight, then extra fuel is carried by that flight. This is in contrast to current practice whereby the same categorical forecast is applied to all flights. The combination of improved short-term forecasts and identification of optimal forecast probabilities minimizes the financial impact of errors and weather forecasts on airline operations thereby providing a superior financial outcome.

Estimating the financial impact, in terms of savings and costs, is performed for a resource reduction. Financial impact estimates are determined before the surplus action is initiated in order to estimate the savings of a planned surplus action and in order to estimate the costs of paying severance payments to employees. When estimating compensation savings and severance costs, the percentage of surplus employees in various skill groups are multiplied by average employment data to estimate the total savings amount and total severance costs. Management evaluates the employees in the affected skill group areas to determine which individual employees are surplus employees and should be removed. Actual financial impact data is calculated after the surplus employees have been identified. Employment data records corresponding to the surplus employees are used to calculate the total compensation savings and the total severance cost.

A system and related methods used by an organization to collect, manage, analyze and act on data (i.e., manage “customer value creation” or “CVC”) from customers. The system may be used by organizations without depending on consultants to manage customer value creation. The system comprises an integrated dataset and schema, termed “Customer Value Creation Data,” which comprises three data types: Differential Value Proposition; Demand Influence; and Opportunities. Differential Value Proposition is the ability of the organization's products and services to positively impact their customer's bottom line relative to the organization's competitors. The ability to create a DVP can be correlated to the investments and strategies made by the organization on an ongoing basis. The connection between an organization's investments and strategies, and their customer's bottom line, comprises three parts: the investments and strategies that an organization makes (Value Attributes); the relative importance or impact each investment or strategy has on a customer's bottom line (Value Attribute Scores); and the combined, quantified economic or financial impact that all the Value Attributes have on a customer's bottom line or profitability (Differential Value Proposition Percentage, or “DVP %”). The system may be embodied in a computer program that implements modules in the appropriate order, collects and stores relevant data, and perform necessary calculations. The program may be run through an Internet web browser.