Global Patent Index - EP 1704391 A2

EP 1704391 A2 20060927 - METHOD AND SYSTEM FOR PROCESSING TRANSACTIONS

Title (en)

METHOD AND SYSTEM FOR PROCESSING TRANSACTIONS

Title (de)

VERFAHREN UND SYSTEM ZUR VERARBEITUNG VON TRANSAKTIONEN

Title (fr)

PROCEDE ET SYSTEME POUR TRAITER DES TRANSACTIONS

Publication

EP 1704391 A2 20060927 (EN)

Application

EP 04815823 A 20041230

Priority

  • US 2004043825 W 20041230
  • US 53381603 P 20031230

Abstract (en)

[origin: WO2005065346A2] A system and method is provided for processing transactions between at least one buying company and at least one selling company which results in the creation of a new collaborative data set. In one embodiment, the method comprises providing a central datastore accessible to users from the buying company and users from the selling company. Purchase order and invoice data are obtained and compared via a computer, to identify a matched record having purchase order data and corresponding invoice data. A collaborative data set in the central datastore is created, based in part on the matched record and storing in the datastore detailed settlement data regarding settlement of the matched record of purchase order data and corresponding invoice data. The method stores a complete settlement transaction history by providing for storage of additional settlement data in the central datastore, wherein credit memos, debit memos regarding the invoice, the purchase order of the matched record, and/or other documents related to the transaction are stored as part of the collaborative data set.

IPC 8 full level

G06Q 10/00 (2012.01); G06Q 30/00 (2012.01)

CPC (source: EP)

G06Q 10/10 (2013.01); G06Q 30/0603 (2013.01)

Designated contracting state (EPC)

AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HU IE IS IT LI LT LU MC NL PL PT RO SE SI SK TR

Designated extension state (EPC)

AL BA HR LV MK YU

DOCDB simple family (publication)

WO 2005065346 A2 20050721; WO 2005065346 A3 20090416; CA 2555190 A1 20050721; EP 1704391 A2 20060927; EP 1704391 A4 20090610

DOCDB simple family (application)

US 2004043825 W 20041230; CA 2555190 A 20041230; EP 04815823 A 20041230