
US Patent No: 5,684,965
Number of patents in Portfolio can not be more than 2000
Automated billing consolidation system and method
Stats
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Nov 4, 1997
Issued date -
Apr 7, 1995
filing date -
08/418,842
serial no -
In Force
status
Importance
Abstract
An automated method and system for consolidating a plurality of individual company charges for a customer with different periodic company billing and payment due dates is provided. Under the system, companies and businesses such as utility companies report their periodic billing information to a central processing office or facility. The processing office holds the billing information data in time suspense until all of the billing information for the customer during a pre-selected time period is received. Then, the central processing facility generates a single customer statement which identifies all individual company charges as well as a statement due date. The statement is sent to the customer and payment for the identified charges is due by the statement due date. After receiving payment from the customer, the centralized billing center processes the payment and then remits payment to all of the companies.
First Claim
Related Publications
International Classification(s)
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- [Patents Count]
Cited Art
| Patent Info | (Count) | # Cites | Year |
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| 5,483,445 Automated billing consolidation system and method | 328 | 1993 | |
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| 5,283,829 System and method for paying bills electronically | 390 | 1992 | |