Computer system and computer-implemented method for selecting invoice settlement options
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United States of America Patent
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Oct 20, 2009
Issued Date -
N/A
app pub date -
Dec 21, 2006
filing date -
Dec 21, 2006
priority date (Note) -
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status (Latency Note)
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Abstract
A method of operating a computer system includes storing attributes of a buying organization, vendors, invoices and/or line-item details from invoices in one or more databases. Rules are established for selecting settlement options for the invoices. The rules are applied such that the computer system selects a first one of the settlement options to settle a first one of the invoices rendered by one of the vendors, and the computer system selects a second one of the settlement options to settle a second one of the invoices rendered by that vendor.
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