Importance

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Abstract

A system and method to enable and facilitate networked, automated, brokered auctioning of document services. A plurality of processes are executed, including a customer process representing a customer, a supplier process representing a supplier, and a broker process capable of serving as an intermediary between the customer and supplier processes. The broker process is provided with a description of a document service. Responsively to the description thus provided, an auction for the document service is conducted, as follows: A customer or supplier process submits a bid for the document service. The broker process receives bidding information including the submitted bid. The broker process attempts to establish a price for the document service responsively to the received bidding information and, if a price can be established, establishes the price. If a price is established, the broker process proposes a transaction wherein the document service is to be provided at the established price. If the proposed transaction is accepted, it can proceed automatically.

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First Claim