WO2005065346A3 - Method and system for processing transactions - Google Patents

Method and system for processing transactions Download PDF

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Publication number
WO2005065346A3
WO2005065346A3 PCT/US2004/043825 US2004043825W WO2005065346A3 WO 2005065346 A3 WO2005065346 A3 WO 2005065346A3 US 2004043825 W US2004043825 W US 2004043825W WO 2005065346 A3 WO2005065346 A3 WO 2005065346A3
Authority
WO
WIPO (PCT)
Prior art keywords
data
purchase order
settlement
matched record
invoice
Prior art date
Application number
PCT/US2004/043825
Other languages
French (fr)
Other versions
WO2005065346A2 (en
Inventor
David W Bandych
Tim Dawson
John T Marron
Mark Hoffmeyer
Michael J Barnes
Paul Hanson
Original Assignee
Notiva Corp
David W Bandych
Tim Dawson
John T Marron
Mark Hoffmeyer
Michael J Barnes
Paul Hanson
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, David W Bandych, Tim Dawson, John T Marron, Mark Hoffmeyer, Michael J Barnes, Paul Hanson filed Critical Notiva Corp
Priority to CA002555190A priority Critical patent/CA2555190A1/en
Priority to EP04815823A priority patent/EP1704391A4/en
Publication of WO2005065346A2 publication Critical patent/WO2005065346A2/en
Publication of WO2005065346A3 publication Critical patent/WO2005065346A3/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
    • G06Q30/0601—Electronic shopping [e-shopping]
    • G06Q30/0603—Catalogue ordering
    • 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
    • G06Q10/10—Office automation; Time management

Landscapes

  • Business, Economics & Management (AREA)
  • Engineering & Computer Science (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Marketing (AREA)
  • Human Resources & Organizations (AREA)
  • Physics & Mathematics (AREA)
  • Finance (AREA)
  • General Physics & Mathematics (AREA)
  • Economics (AREA)
  • Theoretical Computer Science (AREA)
  • Entrepreneurship & Innovation (AREA)
  • Data Mining & Analysis (AREA)
  • Development Economics (AREA)
  • Operations Research (AREA)
  • Quality & Reliability (AREA)
  • Tourism & Hospitality (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

A system and method is provided for processing transactions between at least one buying company and at least one selling company which results in the creation of a new collaborative data set. In one embodiment, the method comprises providing a central datastore accessible to users from the buying company and users from the selling company. Purchase order and invoice data are obtained and compared via a computer, to identify a matched record having purchase order data and corresponding invoice data. A collaborative data set in the central datastore is created, based in part on the matched record and storing in the datastore detailed settlement data regarding settlement of the matched record of purchase order data and corresponding invoice data. The method stores a complete settlement transaction history by providing for storage of additional settlement data in the central datastore, wherein credit memos, debit memos regarding the invoice, the purchase order of the matched record, and/or other documents related to the transaction are stored as part of the collaborative data set.
PCT/US2004/043825 2003-12-30 2004-12-30 Method and system for processing transactions WO2005065346A2 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
CA002555190A CA2555190A1 (en) 2003-12-30 2004-12-30 Method and system for processing transactions
EP04815823A EP1704391A4 (en) 2003-12-30 2004-12-30 Method and system for processing transactions

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US53381603P 2003-12-30 2003-12-30
US60/533,816 2003-12-30

Publications (2)

Publication Number Publication Date
WO2005065346A2 WO2005065346A2 (en) 2005-07-21
WO2005065346A3 true WO2005065346A3 (en) 2009-04-16

Family

ID=34748965

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2004/043825 WO2005065346A2 (en) 2003-12-30 2004-12-30 Method and system for processing transactions

Country Status (3)

Country Link
EP (1) EP1704391A4 (en)
CA (1) CA2555190A1 (en)
WO (1) WO2005065346A2 (en)

Families Citing this family (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US11687519B2 (en) 2021-08-11 2023-06-27 T-Mobile Usa, Inc. Ensuring availability and integrity of a database across geographical regions

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5794207A (en) * 1996-09-04 1998-08-11 Walker Asset Management Limited Partnership Method and apparatus for a cryptographically assisted commercial network system designed to facilitate buyer-driven conditional purchase offers
US5915022A (en) * 1996-05-30 1999-06-22 Robinson; Rodney Aaron Method and apparatus for creating and using an encrypted digital receipt for electronic transactions
US6330551B1 (en) * 1998-08-06 2001-12-11 Cybersettle.Com, Inc. Computerized dispute resolution system and method

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US5915022A (en) * 1996-05-30 1999-06-22 Robinson; Rodney Aaron Method and apparatus for creating and using an encrypted digital receipt for electronic transactions
US5794207A (en) * 1996-09-04 1998-08-11 Walker Asset Management Limited Partnership Method and apparatus for a cryptographically assisted commercial network system designed to facilitate buyer-driven conditional purchase offers
US6330551B1 (en) * 1998-08-06 2001-12-11 Cybersettle.Com, Inc. Computerized dispute resolution system and method

Non-Patent Citations (1)

* Cited by examiner, † Cited by third party
Title
See also references of EP1704391A4 *

Also Published As

Publication number Publication date
CA2555190A1 (en) 2005-07-21
EP1704391A4 (en) 2009-06-10
WO2005065346A2 (en) 2005-07-21
EP1704391A2 (en) 2006-09-27

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