System and method for managing accounts payable and accounts...

Details System and method for managing accounts payable and accounts... System and method for managing accounts payable and accounts...

2004-01-12

2010-12-21

Refai, Ramsey (Department: 3627)

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

Business processing using cryptography

Secure transaction

C705S078000, C705S079000

Reexamination Certificate

active

07856406

ABSTRACT:
A system and method for managing accounts payable that allocates at least a portion of an invoiced dollar amount to a virtual account associated with a vendor, allows the vendor to request that a dispersal dollar amount be transferred from the virtual account to a real account associated with the vendor, and initiates an electronic transfer of the dispersal dollar amount from a real account to the real account associated with the vendor.

REFERENCES:
patent: 4384851 (1983-05-01), McAndrews
patent: 4630201 (1986-12-01), White
patent: 4637796 (1987-01-01), Korn
patent: 4741696 (1988-05-01), Cetlin
patent: 4802849 (1989-02-01), Collins, Jr.
patent: 4846501 (1989-07-01), Del Grande
patent: 4858143 (1989-08-01), Fournier
patent: 4886451 (1989-12-01), Cetlin
patent: 5220501 (1993-06-01), Lawlor et al.
patent: 5283829 (1994-02-01), Anderson
patent: 5310340 (1994-05-01), Zedda
patent: 5383113 (1995-01-01), Kight et al.
patent: 5465206 (1995-11-01), Hilt et al.
patent: 5787000 (1998-07-01), Lilly et al.
patent: 5799284 (1998-08-01), Bourquin
patent: 5864483 (1999-01-01), Brichta
patent: 5871350 (1999-02-01), Clark et al.
patent: 5940807 (1999-08-01), Purcell
patent: 5983200 (1999-11-01), Slotznick
patent: 6003078 (1999-12-01), Kodimer et al.
patent: 6006199 (1999-12-01), Berlin et al.
patent: 6041312 (2000-03-01), Bickerton et al.
patent: 6044362 (2000-03-01), Neely
patent: 6088626 (2000-07-01), Lilly
patent: 6095477 (2000-08-01), Pohlman
patent: 6343738 (2002-02-01), Ogilvie
patent: 6360211 (2002-03-01), Anderson
patent: 6381587 (2002-04-01), Guzelsu
patent: 6397197 (2002-05-01), Gindlesperger
patent: 6466914 (2002-10-01), Mitsuoka et al.
patent: 6491519 (2002-12-01), Clark et al.
patent: 6505164 (2003-01-01), Brunsting et al.
patent: 6594647 (2003-07-01), Randle et al.
patent: 6633900 (2003-10-01), Khalessi et al.
patent: 6684191 (2004-01-01), Barnard et al.
patent: 6687677 (2004-02-01), Barnard et al.
patent: 6714915 (2004-03-01), Barnard et al.
patent: 6738746 (2004-05-01), Barnard et al.
patent: 6754605 (2004-06-01), Pate et al.
patent: 6978253 (2005-12-01), Lin
patent: 7089208 (2006-08-01), Levchin et al.
patent: 7092913 (2006-08-01), Cannon, Jr.
patent: 7096193 (2006-08-01), Beaudoin et al.
patent: 7213064 (2007-05-01), Smith et al.
patent: 7363250 (2008-04-01), Nagel et al.
patent: 2001/0034660 (2001-10-01), Heumann
patent: 2001/0056389 (2001-12-01), Fair et al.
patent: 2002/0010615 (2002-01-01), Jacobs
patent: 2002/0019757 (2002-02-01), Dodt et al.
patent: 2002/0026407 (2002-02-01), Neubert
patent: 2002/0040352 (2002-04-01), McCormick
patent: 2002/0065759 (2002-05-01), Boies et al.
patent: 2002/0069079 (2002-06-01), Vega
patent: 2002/0073012 (2002-06-01), Lowell et al.
patent: 2002/0087680 (2002-07-01), Cerami et al.
patent: 2002/0095372 (2002-07-01), Likourezos et al.
patent: 2002/0103731 (2002-08-01), Barnard et al.
patent: 2002/0111842 (2002-08-01), Miles
patent: 2002/0120846 (2002-08-01), Stewart et al.
patent: 2002/0153134 (2002-10-01), Newman
patent: 2002/0174033 (2002-11-01), Lin
patent: 2002/0184147 (2002-12-01), Boulger
patent: 2002/0194112 (2002-12-01), dePinto et al.
patent: 2003/0040990 (2003-02-01), Lee et al.
patent: 2003/0069797 (2003-04-01), Harrison
patent: 2003/0115126 (2003-06-01), Pitroda
patent: 2003/0126057 (2003-07-01), Grossi et al.
patent: 2003/0130820 (2003-07-01), Lane
patent: 2003/0149645 (2003-08-01), Flynn et al.
patent: 2003/0154118 (2003-08-01), Druyan et al.
patent: 2003/0182206 (2003-09-01), Hendrix et al.
patent: 2003/0212617 (2003-11-01), Stone et al.
patent: 2004/0014479 (2004-01-01), Milman
patent: 2004/0073503 (2004-04-01), Morales et al.
patent: 2004/0117154 (2004-06-01), Lane et al.
patent: 2004/0117155 (2004-06-01), Lane et al.
patent: 2004/0199466 (2004-10-01), Chi
patent: 2005/0015501 (2005-01-01), Kaplan et al.
patent: 2005/0048433 (2005-03-01), Hilliard
patent: 2005/0244768 (2005-11-01), Taub et al.
patent: 2005/0260534 (2005-11-01), Belfor et al.
patent: 0261816 (1988-03-01), None
patent: WO 97/29445 (1997-08-01), None
patent: WO 00/57299 (2000-09-01), None
patent: WO/2004-097575 (2004-11-01), None
patent: WO 2004/097580 (2004-11-01), None
PayPal (www.paypal.com) citing http://computer.howstuffworks.com/paypal (13 pags) from the attached Examiner's Report submitted to the Australian Patent Office in related Australian application No. 2004235043 (dated Jul. 3, 2009).
Investorwords.com, Electronic Funds Transfer Definition, available at http://www.investorwords.com/1680/Electronic—Funds—Transfer.hrml, accessed Mar. 12, 2009.
Electronic Fund Transfer Act, 15 U.S.C. § 1693(a) (2006) available at <http://frwebgate.access.gpo.gov/cgl-bln/usc.cgi?ACTION-RETRIEVE&FILE-$$xa$$busc15.wals&start=8592872&SIZE=6054&TYPE=TEXT>,accessed Mar. 12, 2009.

Affiliated with

Also associated with

Rating

System and method for managing accounts payable and accounts... 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 managing accounts payable and accounts..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for managing accounts payable and accounts... will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-4171701