Order-resource fulfillment and management system and approach
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United States of America Patent
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Feb 11, 2014
Grant Date -
Jul 22, 2010
app pub date -
Mar 29, 2010
filing date -
Jun 9, 2004
priority date (Note) -
In Force
status (Latency Note)
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Abstract
Historical data is used to manage and authorize payment for merchant offerings for transactions among a plurality of transaction parties. According to an example embodiment of the present invention, invoiced item quantities are processed using historical fulfilled and billed quantities of each item. If invoiced item quantities involved items that have been fulfilled but not billed, payment for the invoiced items is authorized. If some or all of the invoiced items have not been fulfilled or have been previously billed, payment authorization is withheld for at least the portion of unfulfilled or previously billed (and paid) invoiced items. With this approach, historical information relative to order fulfillment and payment status is used to automatically process invoices (e.g., audit the invoices for payment).
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