Abstract: An apparatus, method and computer program product for identifying fraud in transaction data. The method includes: receiving invoice data comprising a vendor, a requestor and events, receiving public data and private data sources, computing a vendor risk score using the public and private data sources matching the vendor of the invoice data, computing a requestor risk score using the public data sources and the private data sources matching the requestor of the invoice data, computing an active invoice score using the vendor risk score and the requestor risk score and when the active invoice score is greater than a predetermined amount, blocking the invoice data. In one embodiment, computing a vendor risk score comprises obtaining a weight and a confidence for the event, calculating an event vendor risk score using the weight times the confidence and combining the event vendor risk scores for all of the events.

Abstract: An apparatus, method and computer program product for identifying fraud in transaction data. The method includes: receiving invoice data comprising a vendor, a requestor and events, receiving public data and private data sources, computing a vendor risk score using the public and private data sources matching the vendor of the invoice data, computing a requestor risk score using the public data sources and the private data sources matching the requestor of the invoice data, computing an active invoice score using the vendor risk score and the requestor risk score and when the active invoice score is greater than a predetermined amount, blocking the invoice data. In one embodiment, computing a vendor risk score comprises obtaining a weight and a confidence for the event, calculating an event vendor risk score using the weight times the confidence and combining the event vendor risk scores for all of the events.

Abstract: A computer-based system provides identification and determination of possible fraud/risk in procurement. Both transactional data and social media data are analyzed to identify fraud and discover potentially colluding parties. A comprehensive solution incorporates text analytics, business/procurement rules, and social network analysis. Furthermore, both unsupervised and supervised machine learning can provide improved accuracy over time as more data is captured and analyzed and updates repeated. The system can include modular or integrated components, allowing for certain customized or commercially available components to be utilized in accordance with the comprehensive solution.

Abstract: Managing spend compliance may include receiving a set of spend transaction records containing one or more spend attributes, one or more compliance business rules and one or more investment scenarios that increase spend compliance. The compliance business rules may be applied to the transaction records and segments of transactions with predetermined high savings opportunities may be determined. A prioritized investment plan over one or more time periods that yield optimized return on investment may be generated based on applying the segments of transactions and the investment scenarios.

Abstract: Managing spend compliance may include receiving a set of spend transaction records containing one or more spend attributes, one or more compliance business rules and one or more investment scenarios that increase spend compliance. The compliance business rules may be applied to the transaction records and segments of transactions with predetermined high savings opportunities may be determined. A prioritized investment plan over one or more time periods that yield optimized return on investment may be generated based on applying the segments of transactions and the investment scenarios.

Abstract: The present invention is a method for rapid in vivo assessment of intravenous irritation of pharmaceutical compositions. The assessment of the vascular irritability of new pharmaceutical agents, vehicles and their pharmaceutical compositions has traditionally been limited to histological characterization of postinfusion damage. These studies utilized about 15 conscious animals and required about two weeks to complete. The method of the present invention in contrast utilizes fewer animals and can be completed in as short as only about 2-4 hr. In addition the direct observation is contemporaneous with the infusion and utilized a central vein.