Patent · US Active

Budget driven purchase monitor

US8271344B1 · kind B1 · utility

13Cited by
1References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 28, 2009
Grant dateSep 18, 2012
Priority date
Expiry dateNov 27, 2030

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/00
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

The method for conducting a purchase involves obtaining a target item specification for purchasing a target item, wherein the target item specification comprises a target item description, a target purchase date, and a target price, obtaining, using a central processing unit (CPU), candidate item information related to a candidate item found on a merchant site consistent with the target item specification, wherein the candidate item information comprises a candidate item description and a candidate item price, populating a categorized entry in a user budget using the candidate item price and the target purchase date, wherein the candidate item price is no more than the target price, updating, using the CPU, the budget based on user transactions, generating a result by analyzing, using the CPU, the user budget with respect to the categorized entry, and submitting the result to a user for formulating a decision regarding whether to purchase the candidate item.

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