Patent · US Active

Enhanced electronic data and metadata interchange system and process for electronic billing and payment system

US9141991B2 · kind B2 · utility

13Cited by
58References
11Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 14, 2011
Grant dateSep 22, 2015
Priority date
Expiry dateOct 14, 2031

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/10
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A Software As A System (SAAS)-based system is disclosed herein for sending bills and payments in conjunction with a third-party accounting system. The system deploys a downloadable program interface to configure the third-party accounting system and then send and receive data between the two systems. The transmitted bills may contain an electronic signature, a line item billing, and/or other transaction-specific meta data, and, based on cash flow needs and outstanding bills, some or all customers may be offered a very substantial time-limited discount for immediate payment. Also, customers may use the line-item billing feature to withhold partial payments for specific issues attributed to specific items. Alternatively, a communication module between SAAS units (CSU) may be deployed to configure the third-party accounting system and then send and receive data between the two systems.

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