System and method for contract authority

Details System and method for contract authority System and method for contract authority

2007-05-22

2007-05-22

Meinecke-Diaz, Susanna (Department: 3623)

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

Electronic negotiation

Reexamination Certificate

active

09702050

ABSTRACT:
A contract authority for use by an automated system of record and an automated negotiations engine for iterative, multivariate negotiations which stores each set of terms proposed at each iteration to form the basis of the system of record. The contract authority of the invention assigns a unique identifier to each negotiated transaction and enables the participants to use that number to track all activities against the transaction for analysis and reporting purposes.

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