Subscription Data Processing System for Automated Renewal Comparison

Resolve Bottlenecks,
Find Innovative Solutions
Generate Solutions

Solution Overview

Problem

The existing systems for changing or renewing subscription services are cumbersome and time-consuming, often resulting in customer abandonment due to manual processing errors and lack of insights on competing service providers, limiting customers' ability to make informed decisions.

Innovation Solution

A system and method that processes subscription documents to extract pre-determined parameters, establishes communication links with service provider and third-party servers to obtain primary and secondary parameters, and generates a customized output for comparison, enabling users to make informed decisions about retaining or switching service providers.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If manual processing of subscription information is used, then processing can be performed with simple systems, but processing time increases and error rates increase

Engineering Contradiction:
Improveprocessing speedVSAvoiderror rate
Core Design Contradiction:
ProductivityVSReliability

Solution Approach 1:

The patent replaces manual mechanical processing with automated electronic processing. The system uses servers to automatically extract parameters from subscription documents, retrieve pricing information from service provider servers, and generate comparison reports, eliminating manual data entry and processing errors while significantly improving processing speed.

Inventive Principle:
Principle #28Mechanics substitution (Replace mechanical system)

Solution Approach 2:

The system enables self-service by automatically processing subscription documents and generating comparison reports without requiring manual intervention. The server autonomously extracts parameters, queries service providers, and presents options to customers, reducing both time and error rates.

Inventive Principle:
Principle #25Self-service

2Measurement precision

If customers provide complete subscription information manually, then accurate data can be obtained, but the process becomes time-consuming and complex

Engineering Contradiction:
Improvedata accuracyVSAvoidprocessing time
Core Design Contradiction:
Measurement precisionVSLoss of time

Solution Approach 1:

The system performs preliminary action by automatically extracting parameters from existing subscription documents that customers upload. Instead of requiring customers to manually fill out forms, the system pre-processes the documents to extract relevant information, significantly reducing the time and effort required while maintaining data accuracy.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system uses copying by extracting data directly from existing subscription documents through automated parameter extraction. This preserves the original accurate data from the documents while eliminating the need for manual re-entry, reducing time consumption while maintaining data precision.

Inventive Principle:
Principle #26Copying

3Ease of operation

If only pricing information is provided to customers, then the service provider can make decisions based on simple criteria, but customers lack comprehensive insights for informed decisions

Engineering Contradiction:
Improvedecision simplicityVSAvoidinformation completeness
Core Design Contradiction:
Ease of operationVSLoss of information

Solution Approach 1:

The patent merges multiple types of information into a single comprehensive comparison report. It combines pricing information from service provider servers with parameter data extracted from subscription documents, and generates consolidated output that presents both pricing and service details together, enabling customers to make informed decisions based on complete information while maintaining ease of use.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The system performs multiple functions: extracting parameters from documents, querying pricing from service providers, correlating this information, and generating comprehensive comparison reports. This multi-functional approach provides customers with both simple pricing comparison and detailed service information in one unified output.

Inventive Principle:
Principle #6Universality (Multi-functionality)

Data Source

PatentUS11418614B2System and method for processing subscription related data
Publication Date: 2022.08.16 LARSEN & TOUBRO INFOTECH LTD
  • US11418614B2 patent drawing
  • US11418614B2 patent drawing

AI summary

The present invention provides a system and method for processing subscription related data, wherein a subscription document of an existing subscription is received by a server via a user device. The subscription document is processed to extract pre-determined parameters; and primary parameters are obtained from service provider servers and secondary parameters are obtained from third party servers. The pre-determined parameters are correlated with the primary parameters and the secondary parameters and a customized output is generated. The customized output may be a comparative analysis of particulars of the existing subscription and new subscriptions.