Method and process for providing relevant data, comparing proposal alternatives, and reconciling proposals, invoices, and purchase orders with actual costs in a workflow process
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
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Aug 2, 2011
Grant Date -
Apr 18, 2002
app pub date -
Mar 6, 2001
filing date -
Mar 6, 2000
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
The present invention provides a process and system for matching buyers and sellers of either goods or services, or goods and services for a project. The invention enables a buyer to specify a project in terms of physical, functional, temporal, financial, and transactional parameters that can be automatically converted, by the present invention, into at least one request for either goods or services, or goods and services to perform work related to the project. The requests are suitably provided to at least one seller. Upon receiving a request, the seller may submit a response to the request, as desired. The invention provides a forum for the negotiation of any agreements and the formation of contracts to provide the requested, or alternative goods or services, or goods and services, as well as reconciliation of purchase orders, actual field costs, and invoices.
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