System and method for generating optimal bill/payment schedule

Details System and method for generating optimal bill/payment schedule System and method for generating optimal bill/payment schedule

2011-07-12

2011-07-12

Gart, Matthew S (Department: 3687)

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

Automated electrical financial or business practice or...

Accounting

C705S014270, C705S400000, C705S035000, C705S001100

Reexamination Certificate

active

07979329

ABSTRACT:
A method and system for generating bill payment schedule utilizes a composite pricing module to generate payment schedule over a predetermined period of time. In one aspect, a fraction of each pricing model attributing to the composite pricing model is determined. A charge fee associated with said each pricing model based on said fraction and said total price to charge is determined. Price to charge during each time unit of the time period is allocated, based on budget over the time period, discount rate, target profit margin and risk affordance. Bill schedule is generated using the allocated price.

REFERENCES:
patent: 5987425 (1999-11-01), Hartman et al.
patent: 6226625 (2001-05-01), Levenstein
patent: 6381586 (2002-04-01), Glasserman et al.
patent: 6526387 (2003-02-01), Ruffin et al.
patent: 6526392 (2003-02-01), Dietrich et al.
patent: 6703934 (2004-03-01), Nijman et al.
patent: 6938007 (2005-08-01), Iulianello et al.
patent: 6963854 (2005-11-01), Boyd et al.
patent: 6993494 (2006-01-01), Boushy et al.
patent: 7092918 (2006-08-01), Delurgio et al.
patent: 7133848 (2006-11-01), Phillips et al.
patent: 7188069 (2007-03-01), Hagelin
patent: 7212998 (2007-05-01), Muller et al.
patent: 7213754 (2007-05-01), Eglen et al.
patent: 7379890 (2008-05-01), Myr et al.
patent: 7493262 (2009-02-01), Hagelin
patent: 7680637 (2010-03-01), Wolodkin
patent: 7680686 (2010-03-01), Tellefsen et al.
patent: 2001/0051932 (2001-12-01), Srinivasan et al.
patent: 2002/0010673 (2002-01-01), Muller et al.
patent: 2002/0077835 (2002-06-01), Hagelin
patent: 2002/0143681 (2002-10-01), Yen et al.
patent: 2002/0165834 (2002-11-01), Delurgio et al.
patent: 2002/0188576 (2002-12-01), Peterson et al.
patent: 2003/0023567 (2003-01-01), Berkovitz et al.
patent: 2003/0046203 (2003-03-01), Ichihari et al.
patent: 2003/0101146 (2003-05-01), Yeo et al.
patent: 2003/0171990 (2003-09-01), Rao et al.
patent: 2003/0177056 (2003-09-01), Winther
patent: 2003/0225593 (2003-12-01), Ternoey et al.
patent: 2004/0073505 (2004-04-01), Wright
patent: 2004/0215522 (2004-10-01), Eder
patent: 2005/0096963 (2005-05-01), Myr et al.
patent: 2005/0131791 (2005-06-01), MacMillan et al.
patent: 2005/0256778 (2005-11-01), Boyd et al.
patent: 2006/0117317 (2006-06-01), Crawford et al.
patent: 2006/0122879 (2006-06-01), O'Kelley
patent: 2006/0195345 (2006-08-01), Close et al.
patent: 2006/0247998 (2006-11-01), Gopalakrishnan
patent: 2007/0143171 (2007-06-01), Boyd et al.
patent: 2007/0214025 (2007-09-01), Jang et al.
patent: 2008/0154651 (2008-06-01), Kenefick et al.
patent: 2008/0235076 (2008-09-01), Cereghini et al.
patent: 2008/0235155 (2008-09-01), Thywissen
patent: 2008/0312979 (2008-12-01), Lee et al.
patent: 2009/0006118 (2009-01-01), Pollak
patent: 2009/0037349 (2009-02-01), Katz et al.
patent: 2009/0063367 (2009-03-01), Brown et al.
patent: 2009/0063369 (2009-03-01), Brown et al.
patent: 2009/0144141 (2009-06-01), Dominowska et al.
patent: 2009/0210711 (2009-08-01), Moskowitz
patent: 2317332 (2001-10-01), None
Quentin W Fleming, & Joel M Koppelman. (Sep. 2006). Outsourcing IT Work: The First Transition Contract Type Is Critical for Success. Contract Management, 46(9), 50-52,54-55. Retrieved Feb. 10, 2011, from ABI/INFORM Global.
James, Geoffrey. (Oct. 1998). Methods of payment. CIO: Section 2, 12(2), 92-95. Retrieved Feb. 10, 2011, from ABI/INFORM Global.
Said Boukendour, & Rahim Bah. (2001). The guaranteed maximum price contract as call option. Construction Management and Economics, 19(6), 563-567. Retrieved Feb. 10, 2011, from ABI/INFORM Global.
McDonald, Donald F., Jr.. (1992). REP/PC Range Estimating—a Risk and Sensitivity Analysis System. Cost Engineering, 34(1), 27. Retrieved Feb. 10, 2011, from ABI/INFORM Global.
PriceIT, Pharmaceutical Pricing Support System from Inpharmation Ltd., 1999-2000.

Affiliated with

Also associated with

Rating

System and method for generating optimal bill/payment schedule does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with System and method for generating optimal bill/payment schedule, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for generating optimal bill/payment schedule will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-2713147