System and method for disposing of assets
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Jun 20, 2002
app pub date -
Nov 14, 2001
filing date -
Nov 16, 1999
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A database is configured and information associated with a plurality of assets is stored in the database. The system automatically analyzes the information in accordance with a set of pre-defined conditions. When a pre-defined condition is met, the subsystem recommends asset disposition using a hierarchy of disposition options, and the conditions and the options are selected to reduce expense and to maximize the return on investment for the asset user. The hierarchy of options are typically manually checked and confirmed, and a rejection of the hierarchy of options generates feedback with the system modifying as appropriate the availability of future options.
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