System and method for supply chain financing
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United States of America Patent
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N/A
Issued Date -
May 4, 2006
app pub date -
Jun 8, 2005
filing date -
Nov 1, 2004
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A system and method for providing supply chain financing is provided. The system comprises an invoice system for processing at least one invoice received from a buyer, the invoice system comprising: an invoice reception module for receiving the at least one invoice from the buyer, and an invoice validation module for validating the at least one invoice; a discount module for preparing at least one discount proposal to present to a seller, the discount proposal comprising a discount payment amount in exchange for earlier or immediate payment; and a negotiation module for negotiating the terms of the discount proposal and for receiving counter-discount proposals from the seller.
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