Patent · US Expired

Method and system for processing transactions

US6882983B2 · kind B2 · utility

131Cited by
29References
29Claims
0Family size

Assignee

Inventors

Key dates

Filing dateFeb 5, 2001
Grant dateApr 19, 2005
Priority date
Expiry dateApr 2, 2022

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/12
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

The present invention discloses a system and method for processing business transactions between trading partners using a central interactive platform. The processing may include comparing purchase order data and invoice data to identify matching information and non-matching information. If the information matches, the invoices are processed for payment. If the information does not match, the discrepancies are identified to the buying company or the selling company for resolution.

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