Pattern Analytics System for Document Fulfillment Cost Reduction

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Solution Overview

Problem

The increasing cost of print and mail services for document-based communication poses a significant burden on entities with extensive communication requirements, as existing methods are inefficient and costly, especially in identifying and optimizing communication channels and timing for document presentment and fulfillment.

Innovation Solution

A pattern analytics system that uses machine learning algorithms to analyze user data on resource transfers, including time periods, communication channels, and geographic regions, to optimize document presentment and fulfillment by reconfiguring resource transfer requests based on identified patterns, thereby reducing costs and improving efficiency.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If traditional print and mail services are used for document-based communication, then documents can be delivered to users, but the cost increases significantly and efficiency decreases

Engineering Contradiction:
Improvedocument delivery reliabilityVSAvoidcommunication cost
Core Design Contradiction:
ReliabilityVSLoss of energy

Solution Approach 1:

The system changes the parameters of document delivery by analyzing user behavior patterns (time periods, communication channels, geographic regions) and dynamically adjusting delivery parameters. Instead of using traditional print and mail services, the system identifies optimal delivery channels and timing based on analyzed patterns, thereby reducing costs while maintaining delivery reliability.

Inventive Principle:
Principle #35Parameter changes

Solution Approach 2:

The system implements feedback by continuously monitoring and analyzing user responses to document requests and resource transfer executions. This feedback loop allows the machine learning algorithms to refine their predictions and optimize future document delivery strategies, reducing unnecessary print and mail operations while ensuring documents reach users when needed.

Inventive Principle:
Principle #23Feedback

2Productivity

If machine learning algorithms are used to analyze user patterns, then communication optimization is achieved, but system complexity increases

Engineering Contradiction:
Improvecommunication efficiencyVSAvoidsystem complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The system creates a simplified digital model (copy) of user behavior patterns through machine learning algorithms. Instead of complex manual analysis, the system copies and processes historical data on user responses and resource transfers to generate predictive models. This automated copying and analysis process improves productivity while managing complexity through algorithmic abstraction.

Inventive Principle:
Principle #26Copying

Solution Approach 2:

The system segments the complex task of user behavior analysis into distinct components: data collection, pattern recognition, prediction generation, and delivery optimization. By dividing the system into these functional segments, each handled by specialized algorithms or modules, the overall system complexity is managed more effectively while maintaining high productivity.

Inventive Principle:
Principle #1Segmentation

3Loss of energy

If document presentment is optimized based on user patterns, then cost savings are achieved, but the ability to reach all users uniformly decreases

Engineering Contradiction:
Improveprint and mail costVSAvoidcommunication channel flexibility
Core Design Contradiction:
Loss of energyVSAdaptability or versatility

Solution Approach 1:

The system applies dynamics by making document delivery adaptive rather than static. Based on analyzed user patterns, the system dynamically adjusts delivery methods, timing, and channels for each user. This dynamic approach reduces costs by avoiding unnecessary print and mail operations while maintaining the ability to reach all users through their preferred channels.

Inventive Principle:
Principle #15Dynamics

Solution Approach 2:

The system implements local quality by tailoring document delivery to individual user preferences and behaviors rather than applying a uniform approach. Each user receives documents through their preferred channel (electronic, mail, telephone) at their preferred time, optimizing cost efficiency while maintaining effective communication with each specific user.

Inventive Principle:
Principle #3Local quality

Data Source

PatentUS11361330B2Pattern analytics system for document presentment and fulfillment
Publication Date: 2022.06.14 BANK OF AMERICA CORP
  • US11361330B2 patent drawing
  • US11361330B2 patent drawing

AI summary

Systems, computer program products, and methods are described herein for document presentment and fulfillment based on pattern analytics. The present invention is configured to determine one or more resource transfers executed by one or more users, wherein the one or more resource transfers are executed in response to one or more resource transfer requests; retrieve information associated with the one or more resource transfers executed by the one or more users; initiate one or more machine learning algorithms on the retrieved information; determine a pattern associated with the one or more resource transfers executed by the one or more users based on at least the retrieved information; and re-configure the one or more resource transfer requests based on at least the pattern associated with the one or more resource transfers executed by the one or more users.