System and Method for Entering, formatting, Sharing and Validating Credit Data Between Businesses and Creditors

摘要

A system and method for assisting firms enter, format, and validate their financial data with their creditors easily, with greater integrity and greater transparency in credit practices. The system allows for input of a firms financial data, formatting that data into industry standard business format, and allow for secure sharing of that information between businesses, partners and creditors. The system maps idiosyncratic data representations and similar forms of semi-structured data to a single standard taxonomy, allows users to improve and approve the mapping, and learns from those users' actions to improve the fidelity of the translation over time. The system uses a firms' own actions on a financial data sharing site to establish a measure of their data's integrity, accuracy, and trustworthiness.