Budget-based approval-less ordering for punchout users in an ecommerce marketplace
US12430690B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 30, 2021 |
| Grant date | Sep 30, 2025 |
| Priority date | — |
| Expiry date | Dec 5, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0641
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A customer eProcurement system enables a blanket purchase order on a supplier website to establish a budget, which buyers can use without the need to take their cart back to the customer eProcurement system. The budget value for a buyer or a group of buyers allows them to perform their buying functions without the need for further internal processing by the customer system so long as purchases are within the budget. The blanket purchase order allows buyers to place the orders directly on the supplier website, while at the same time following policies of the customer eProcurement system and allows easier order reconciliation within the customer system.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.