Patent · US Active

Work tracking and advances in an employee database system

US11720977B2 · kind B2 · utility

0Cited by
9References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJan 10, 2022
Grant dateAug 8, 2023
Priority date
Expiry dateJan 10, 2042

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q10/1091
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A flexible advance system allows users to request and receive advances. The flexible advance system processes advances such that short-term advances are repaid through a wage deduction from the user's next regularly scheduled compensation period. The flexible advance system provides a user interface that allows users to request to receive compensation for a portion of time worked. Responsive to a request, an entry in a database associated with the user is accessed to determine a total amount of available advance compensation available for request by the user. In response to the requested amount being less than the total amount of available advance compensation, a transfer of compensation is executed to an account of the user. The flexible advance system also modifies the entry in the database by subtracting the compensated amount of time from the total amount of uncompensated time.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.