Expense tracking, electronic ordering, invoice presentment, and payment system and method

US10127558B2 · kind B2 · utility

Assignee

• Altisource S.à r.l. · LU

Inventors

• Russell G. Bulman · West Palm Beach, US
• Suresh Kumar · Bellevue, US
• Sanket Karjagi · Kalaburagi, IN
• Ritwik Bose · Varanasi, IN
• Rajesh Kumar · Palo Alto, US
• Biswajit Nayak · Jajpur, IN
• Vikram Kamath · Bengaluru, IN
• Bhavana Sumathi · Ashoknagar, IN

Key dates

• Filing date: Mar 12, 2010
• Grant date: Nov 13, 2018
• Expiry date: Apr 28, 2032

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/12
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods for automating an invoice approval process are described herein. Rules are created which are evaluated against a set of attributes. A rules engine is automatically invoked upon receipt of a document in an electronic invoice presentment and payment system. The rules engine determines which rules are applicable to documents received and processed in the system, and applies those applicable rules in a pre-defined sequence.