Automated Resource Allocation via Event Trigger Detection
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Solution Overview
Problem
Traditional systems for resource allocation based on event triggers are tedious and require manual detection and allocation, which becomes burdensome with a large number of allocations or triggers, lacking optimal automation.
Innovation Solution
A system that electronically allocates resources based on detected trigger events, using a module to parse guidelines, monitor activities, and transfer resources electronically, including generating unique tokens for service providers to receive payments, and providing options for cash or prepaid cards.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Extent of automation
If manual detection and manual resource allocation are used, then resource allocation can be performed, but the process becomes tedious and burdensome with large numbers of allocations or triggers
Solution Approach 1:
The system enables self-service automation where the resource allocation system automatically detects trigger events and executes resource allocation without human intervention. The system monitors itself for trigger conditions and autonomously performs the allocation process, eliminating the need for manual detection and allocation while managing complexity through automated workflows
Solution Approach 2:
The system performs preliminary configuration of allocation rules and trigger conditions before actual resource allocation occurs. By pre-defining the allocation logic, trigger thresholds, and resource parameters, the system prepares everything in advance so that when triggers occur, the automated execution is straightforward and does not add operational complexity
2Productivity
If automated resource allocation based on trigger events is implemented, then manual effort is reduced, but system complexity increases
Solution Approach 1:
The automated system is segmented into distinct functional modules: a trigger detection module that monitors for specific events, a decision module that evaluates allocation rules, and an execution module that performs resource allocation. This segmentation allows each component to handle specific tasks independently, improving overall productivity while managing complexity through modular design
Solution Approach 2:
The system implements a universal resource allocation framework that can handle multiple types of triggers, resources, and allocation rules through a single automated platform. This multi-functional approach increases productivity by consolidating various allocation scenarios into one system rather than creating separate manual processes for each case
Data Source
AI summary
Systems, methods and computer program products for allocation of resources based on event triggers are provided. As an example, the system receives a set of electronic guidelines outlining scheduled allocation of resources based on detection of trigger events, where the resources are transferred electronically from a source to a destination. The system parses the electronic guidelines into a set of event triggers associated with resource allocations and monitor activities associated events related to allocation resources. From the monitoring, the system identifies a triggering event in the activities that is associated with a resource allocation as defined in the electronic guidelines and transfers an allocation of the resources electronically from the source to the destination based on the triggering event.