Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive
Patent
1995-12-29
1999-07-13
Tkacs, Stephen R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Discount or incentive
705 7, 705 21, 707101, G06F 1760
Patent
active
059240776
ABSTRACT:
An electronic storage and computing system wherein raw point of sale data is transformed into a predefined standardized configuration from which object values representing select business activities are derived and compared to predefined reference values for the selected activities. The system includes an electronic storage device for storing raw point of sale data, a data interpreter for transforming the raw data into a predefined standardized configuration, and a processor for deriving object values from the transformed data according to a set of mathematical/relational functions, the object values being representative of selected business activities, and comparing the object values to predefined reference values for the selected business activities. The data interpreter operates according to a set of control programs to selectively transfer point of sale data from a set of raw databases into a set of standard databases having a predefined standardized configuration. The mathematical/relational functions are stored in a business rule execution database wherein each function defines an object value for each business activity. A business rule execution engine, which is operatively linked to the processor and the business rule execution database, allows the processor to compute the object values for each business activity according to the corresponding mathematical/relational function, compare the object values and the corresponding reference values, and identify a pass condition representative of an acceptable comparison, a fail condition representative of an unacceptable comparison, or a warn condition representative of a questionable comparison. The identified condition is outputted from the processor and displayed to the user.
REFERENCES:
patent: 4754410 (1988-06-01), Leech et al.
patent: 5067099 (1991-11-01), McCown et al.
patent: 5179698 (1993-01-01), Bachman et al.
patent: 5189608 (1993-02-01), Lyons et al.
patent: 5313560 (1994-05-01), Maruoka et al.
Beach David
Braden Donald
George Paul L.
Meredith Michael
Sapient Solutions, LLC
Tkacs Stephen R.
LandOfFree
Computer based system for monitoring and processing data collect does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Computer based system for monitoring and processing data collect, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Computer based system for monitoring and processing data collect will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-2288336