IP Library Granted Patent US 8,527,330
Granted Patent B2
US 8,527,330 · App. 11/284,738 · Granted Sep 3, 2013

System and method for calculating savings

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Quick Facts
Patent No.
US 8,527,330
App. No.
11/284,738
Granted
Sep 3, 2013
Kind
B2
Abstract

A system and method for calculating savings using a savings calculator for calculating savings realized over a period of time for several travel-related categories of expenses using respective pre-defined formulas and for producing a savings summary report and worksheets.

Claims (36)

1. A method comprising:

receiving, by a computer-based system for calculating savings, raw data;

categorizing, by the computer-based system, the raw data into a plurality of categories of data, each category of data corresponding to one of a plurality of pre-defined variables, the plurality of pre-defined variables comprising an online transaction volume, a change in adoption rate, and a difference between an agent assisted transaction fee and an online transaction fee;

multiplying, by the computer-based system, the online transaction volume, by the change in adoption rate and by the difference between the agent assisted transaction fee and the online transaction fee, to obtain a savings between the agent assisted transaction fee and an online travel reservations;

displaying, by the computer-based system, the savings to a customer; and

receiving, by the computer-based system, an online travel reservation from the customer in response to the displaying the savings.

2. A system comprising:

a processor for calculating savings,

a tangible, non-transitory memory configured to communicate with the processor,

the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to capable of performing operations comprising:

receiving, by the processor, raw data;

categorizing, by the processor, the raw data into a plurality of categories of data, each category of data corresponding to one of a plurality of pre-defined variables, the pre-defined variables comprising an online transaction volume, a change in adoption rate, and a difference between an agent assisted transaction fee and an online transaction fee;

multiplying, by the processor, the online transaction volume, by the change in adoption rate and by the difference between the agent assisted transaction fee and the online transaction fee, to obtain a savings between the agent assisted transaction fee and an online travel reservations;

displaying, by the processor, the savings to a customer; and

receiving, by the computer-based system, an online travel reservation from the customer in response to the displaying the savings.

3. An article of manufacture including a non-transitory, tangible computer readable storage medium having instructions stored thereon that, in response to execution by a computer-based system for calculating savings, cause the computer-based system to be capable of performing operations comprising:

receiving, by the computer-based system, raw data;

categorizing, by the computer-based system, the raw data into a plurality of categories of data, each category of data corresponding to one of a plurality of pre-defined variables, the pre-defined variables comprising an online transaction volume, a change in adoption rate, and a difference between an agent assisted transaction fee and an online transaction fee;

multiplying, by the computer-based system, the online transaction volume, by the change in adoption rate and by the difference between the agent assisted transaction fee and the online transaction fee, to obtain a savings between the agent assisted transaction fee and an online travel reservations;

displaying, by the computer-based system, the savings to a customer; and

receiving, by the computer-based system, an online travel reservation from the customer in response to the displaying the savings.

4. The method according to claim 1 , further comprising guiding, by the computer-based system, a user by displaying where to find certain items of information.

5. The method according to claim 1 , wherein the calculating includes performing, by the computer-based system, one calculation that produces an intermediate result and another calculation that produces a final result, and displaying, by the computer-based system, the intermediate result to a user and the final result to the user.

6. The method according to claim 1 , further comprising displaying, by the computer-based system, a glossary to a user to provide definitions of terminology.

7. The method according to claim 6 , wherein the displaying the glossary includes displaying, by the computer-based system, an explanation of calculations performed.

8. The method according to claim 6 , wherein the displaying the glossary includes displaying, by the computer-based system, an explanation of significance of results shown in a summary report.

9. The system according to claim 2 , further comprising guiding, by the processor, a user by displaying where to find certain items of information.

10. The system according to claim 2 , wherein the calculating further comprises performing, by the processor, one calculation that produces an intermediate result and another calculation that produces a final result and displaying, by the processor, the intermediate result to a user and the final result to the user.

11. The system according to claim 2 , further comprising displaying, by the processor, a glossary to a user to provide definitions of terminology.

12. The system according to claim 11 , wherein said the displaying includes displaying, by the processor, an explanation of calculations performed.

13. The system according to claim 11 , wherein the displaying includes displaying, by the processor, an explanation of significance of results shown in a summary report.

14. The article according to claim 3 , further comprising guiding, by the computer-based system, a user by displaying, by the computer-based system, where to find certain items of information.

15. The article according to claim 3 , wherein the calculating includes performing, by the computer-based system, one calculation that produces an intermediate result and another calculation that produces a final result, and displaying, by the computer-based system, the intermediate result to a user and the final result to the user.

16. The article according to claim 3 , further comprising displaying, by the computer-based system, a glossary to a user to provide definitions of terminology.

17. The article according to claim 16 , wherein the displaying the glossary includes displaying, by the computer-based system, an explanation of calculations performed.

18. The article according to claim 16 , wherein the displaying the glossary includes displaying an explanation of significance of results shown in a summary report.

Assignments (3)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Mar 16, 2018
From: III HOLDINGS 1, LLC
To: LIBERTY PEAK VENTURES, LLC
Reel/Frame 045611/0193 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Apr 21, 2014
From: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
To: III HOLDINGS 1, LLC
Reel/Frame 032722/0746 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 28, 2006
From: BENDER, BRIAN CHARLES; CHINITZ, RICHARD A.; HOHERCHAK, MICHAEL W.; MADORSKY, LYNNE; PIRMOHAMED, IRFAN S.; RICHARDS, GAIL RENEE
To: AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.
Reel/Frame 017646/0283 →