Open-architecture system for real-time consolidation of informat

Details Open-architecture system for real-time consolidation of informat Open-architecture system for real-time consolidation of informat

1998-10-05

2000-10-03

Lintz, Paul R.

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

705 40, 705 42, 705 44, 380 24, G06F 1760

Patent

active

061286028

ABSTRACT:
An open-architecture system automatically consolidates information from a plurality of financial systems into a single accounting system without the need for expensive and time-consuming backroom procedures. The system enables an entity to use multiple independent and potentially incompatible financial systems to facilitate, control and monitor its spending, purchasing and other financial activities, while also enabling the entity to monitor and control all of these activities in real time. The system receives, processes and stores information obtained from a plurality of financial and/or other external computerized systems, and provides one or more authorized users with the ability to monitor financial transactions on-line and manipulate and control all financial transactions of the entity in real time using, for example, Web-browser software technology. Different users may have different levels of access to the financial transaction data obtained, processed and stored by the system. The system may also be readily integrated with the entity's existing computer systems.

REFERENCES:
patent: 5189608 (1993-02-01), Lyons et al.
patent: 5917912 (1999-07-01), Ginter et al.
Schmerken, Ivy, Reengineering Wall Street's Systems, Wall street, pp. 1-5, Jan. 1992.
Desktop Daa, Information access company, pp. 1-12, Jun. 1997.
PR Newswire, pp. 1-2, Apr. 1996.
Reuters holdings plc, information industry, pp. 1-2, Mar. 1997.
Sage David, Internet broadens scope of business opportunities, Wood Tech, pp. 1-4, Oct. 1996.
Kimberly D. Barnes and Michael R. Leuze, "Financial Automated Management Environment, " pp.946-947, Proceedings, High-Performance Computing and Networking, International Conference and Exhibition HPCN Europe 1996, Brussels Belgium, Apr. 15-19, 1996, XP000602338, ISBN 3-540-61142-8, 1996. Berlin, Germany, Springer-Verlag, Germany.
Kenny K.F. Lee, "Opens Systems Technology And The Transformed Business Architecture--The Accounting Systems Perspective," PACIS. 1993 Pan Pacific Conference on Information Sytems Proceedings, Kaohsiung, Taiwan, May 30-Jun. 1, 1993, pp.133-140, XP002095276, 1993, Taiwan, China, Nat. Sun Yat-Sen Univ., China.
Daniel Todd, "Accounting for Change, " Informationweek, Nov. 26, 1990, USA, No. 297, pp. 20-21, XP002095277 ISSN 8750-6874.

Affiliated with

Also associated with

Rating

Open-architecture system for real-time consolidation of informat does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Open-architecture system for real-time consolidation of informat, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Open-architecture system for real-time consolidation of informat will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-204556