Automated transaction processing system and approach
US7925551B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 9, 2004 |
| Grant date | Apr 12, 2011 |
| Priority date | — |
| Expiry date | Apr 5, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/12
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Transaction processing is facilitated using an approach for automatically grouping transaction-based documents as a function of matching data in the documents. In one example embodiment of the present invention, data from selected attribute fields in transaction-based documents is parsed as the documents are received at a transaction processor. When data in selected attribute fields from two or more documents match, the transaction processor automatically groups the documents having matching data under a particular anchor identification code defined as a function of the match. Upon receipt of one or more other transaction-based documents, the transaction processor advances progress towards completion of the common transaction to which the documents apply. With this approach, predefined data (e.g., a purchase order number) need not necessarily be included with a particular transaction document in order to group the document with another document belonging to the same common transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.