Shipment transaction system and an arrangement thereof
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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-
Feb 24, 2004
Grant Date -
N/A
app pub date -
Mar 10, 2000
filing date -
Mar 12, 1999
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A computer processing system for a shipment transaction involving shippers and carriers. The system is particularly suited to efficiently and automatically audit and effect payment of a shipment transaction and to efficiently provide access to relevant shipment information. According to one example embodiment, the system includes a processor arrangement that monitors shipper credit data and processes shipment transaction information in response to control data from a user identified from a database of shippers and carriers. Validated users of the shippers and carriers are assigned varying communication access levels authorizing transactions, such as payment to carriers. In response, the processor arrangement audits shipment transactions, issues reports on the audits, assists in resolving discrepancies and effect payments.
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