SELECTION CRITERIA UPDATES IN AN ASSET RECOVERY WORKFLOW

SELECTION CRITERIA UPDATES IN AN ASSET RECOVERY WORKFLOW

Selection criteria updates are described in an asset recovery workflow. In one example, a description of a physical asset that is to be recovered for lack of payment is received. The description is applied to a pre-defined set of criteria to select a recovery agent to recover the physical asset. The...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Wykes, Nathan Eric, Norwood, Ronald Steven, Wilmsen, James Michael, Groves, Terry Lee
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:Selection criteria updates are described in an asset recovery workflow. In one example, a description of a physical asset that is to be recovered for lack of payment is received. The description is applied to a pre-defined set of criteria to select a recovery agent to recover the physical asset. The candidate recovery agents have values assigned to the criteria, such as location, recovery rate, and time to recover. Recovery status information is received as to whether the asset has been recovered by the selected agent. A recovery rate value for the selected recovery agent is then updated using the recovery status information.