Mastercard Incorporated
Scheduling a payment based on a recommended payment schedule for a business entity

Abstract:

The disclosure herein describes scheduling an automatic payment based on a recommended payment schedule that is generated based on a cashflow pattern. Cashflow data associated with a plurality of invoices is received, the cashflow data including data associated with past paid payments, past received payments, accounts receivable, and accounts payable. A cashflow pattern is determined based on the past paid payments and the past received payments. Then, a payment pattern associated with the accounts payable is generated based on the cashflow pattern and the accounts receivable, wherein the payment pattern indicates a pattern of payments that optimizes a net present value of funds associated with the set of accounts payable over an associated period. A recommended payment schedule based on the payment pattern is then provided via a user interface and, based on receiving input in response to the provided recommended payment schedule, at least one automatic payment is scheduled based on the payment pattern.