System and method for integrating trading operations including the generation, processing and tracking of and trade documents
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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May 17, 2011
Grant Date -
N/A
app pub date -
Jan 31, 2000
filing date -
Dec 23, 1998
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
First and second components of the present invention, in combination, provide a customer interface for initiating a trade transaction and provides for the secure viewing of the status of the transaction. A third component assists in the automatic generation and verification of the voluminous and detailed documents required to support a trade transaction. The third component additionally tracks and assists in the management of the seller's manufacturing and shipment of the goods that form the basis of the trade transaction. A fourth component automatically generates a Letter of Credit from a Purchase Order and performs a reconciliation function on payments made pursuant to Letters of Credit or open Accounts.
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