Automated transaction processing system and approach

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7925551
APP PUB NO 20050278220A1
SERIAL NO

10864761

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Abstract

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Transaction processing is facilitated using an approach for automatically grouping transaction-based documents as a function of matching data in the documents. In one example embodiment of the present invention, data from selected attribute fields in transaction-based documents is parsed as the documents are received at a transaction processor. When data in selected attribute fields from two or more documents match, the transaction processor automatically groups the documents having matching data under a particular anchor identification code defined as a function of the match. Upon receipt of one or more other transaction-based documents, the transaction processor advances progress towards completion of the common transaction to which the documents apply. With this approach, predefined data (e.g., a purchase order number) need not necessarily be included with a particular transaction document in order to group the document with another document belonging to the same common transaction.

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Patent Owner(s)

Patent OwnerAddress
SYNCADA LLC200 SOUTH SIXTH STREET MINNEAPOLIS MN 55402

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hahn-Carlson, Dean W St. Paul, US 46 1566
Kanathur, Raghunandan Blaine, US 1 22
Suits, David A Robbinsdale, US 11 370
Xie, Weiwen Woodbury, US 11 241

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