Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Accounting
Patent
1998-01-07
2000-03-14
MacDonald, Allen R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Accounting
705 40, G06F 1760
Patent
active
060385472
ABSTRACT:
A computer-based tracking system and method for coordinating work done on a project and payment therefor. After a project has been partitioned by an architect, jobs are specified in terms of to which region or subregion each entry corresponds. The (sub)contractors submit monthly Application and Certificate for Payment requests which are organized by the system to enable all the work in a particular region to be consolidated listed on a reviewer's card for ease of verification. Updates to the requests are made and authorized forms are generated to enable payment of the requests, thereby saving time and effort to perform manual correlation of subcontractor requests with a given area in a project. Requests also need not be monthly and may be made at any period, potentially varying. Other possible periods are quarterly, twice a month, or once every two months.
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Crecca Michele Stuckey
MacDonald Allen R.
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