Patent · US Active

Order-resource fulfillment and management system and approach

US8650119B2 · kind B2 · utility

0Cited by
266References
23Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMar 29, 2010
Grant dateFeb 11, 2014
Priority date
Expiry dateOct 26, 2030

Classification

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

Abstract

Historical data is used to manage and authorize payment for merchant offerings for transactions among a plurality of transaction parties. According to an example embodiment of the present invention, invoiced item quantities are processed using historical fulfilled and billed quantities of each item. If invoiced item quantities involved items that have been fulfilled but not billed, payment for the invoiced items is authorized. If some or all of the invoiced items have not been fulfilled or have been previously billed, payment authorization is withheld for at least the portion of unfulfilled or previously billed (and paid) invoiced items. With this approach, historical information relative to order fulfillment and payment status is used to automatically process invoices (e.g., audit the invoices for payment).

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