WO2002063812A3 - Method and system for processing transactions - Google Patents

Method and system for processing transactions Download PDF

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Publication number
WO2002063812A3
WO2002063812A3 PCT/US2002/002790 US0202790W WO02063812A3 WO 2002063812 A3 WO2002063812 A3 WO 2002063812A3 US 0202790 W US0202790 W US 0202790W WO 02063812 A3 WO02063812 A3 WO 02063812A3
Authority
WO
WIPO (PCT)
Prior art keywords
information
processing
processing transactions
matching information
company
Prior art date
Application number
PCT/US2002/002790
Other languages
French (fr)
Other versions
WO2002063812A2 (en
Inventor
Thomas W Furphy
David W Bandych
John T Marron
Jason A Carreira
Original Assignee
Notiva Corp
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Notiva Corp filed Critical Notiva Corp
Priority to CA002437463A priority Critical patent/CA2437463A1/en
Priority to EP02707634A priority patent/EP1364328A4/en
Priority to AU2002242031A priority patent/AU2002242031B2/en
Publication of WO2002063812A2 publication Critical patent/WO2002063812A2/en
Publication of WO2002063812A3 publication Critical patent/WO2002063812A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/06—Buying, selling or leasing transactions
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q10/00—Administration; Management
    • G06Q10/08—Logistics, e.g. warehousing, loading or distribution; Inventory or stock management
    • G06Q10/087—Inventory or stock management, e.g. order filling, procurement or balancing against orders
    • G06Q10/0875—Itemisation or classification of parts, supplies or services, e.g. bill of materials
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/08—Payment architectures
    • G06Q20/10—Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G06Q20/102—Bill distribution or payments
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q30/00—Commerce
    • G06Q30/04—Billing or invoicing
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance
    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/12—Accounting

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 (12, 18) and invoice data (14, 20) to identify matching information and non-matching information. If the information matches, the invoices (14, 20) are processed for payment. If the information does not match, the discrepancies are identified to the buying company or the selling company for resolution (38).
PCT/US2002/002790 2001-02-05 2002-01-30 Method and system for processing transactions WO2002063812A2 (en)

Priority Applications (3)

Application Number Priority Date Filing Date Title
CA002437463A CA2437463A1 (en) 2001-02-05 2002-01-30 Method and system for processing transactions
EP02707634A EP1364328A4 (en) 2001-02-05 2002-01-30 Method and system for processing transactions
AU2002242031A AU2002242031B2 (en) 2001-02-05 2002-01-30 Method and system for processing transactions

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US09/777,168 US6882983B2 (en) 2001-02-05 2001-02-05 Method and system for processing transactions
US09/777,168 2001-02-05

Publications (2)

Publication Number Publication Date
WO2002063812A2 WO2002063812A2 (en) 2002-08-15
WO2002063812A3 true WO2002063812A3 (en) 2003-05-01

Family

ID=25109476

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2002/002790 WO2002063812A2 (en) 2001-02-05 2002-01-30 Method and system for processing transactions

Country Status (7)

Country Link
US (2) US6882983B2 (en)
EP (1) EP1364328A4 (en)
AU (1) AU2002242031B2 (en)
CA (1) CA2437463A1 (en)
RU (1) RU2003124304A (en)
WO (1) WO2002063812A2 (en)
ZA (1) ZA200306038B (en)

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US20050149415A1 (en) 2005-07-07
US20020107794A1 (en) 2002-08-08
ZA200306038B (en) 2004-08-05
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US6882983B2 (en) 2005-04-19
CA2437463A1 (en) 2002-08-15

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