System and method for managing purchasing contracts

Details System and method for managing purchasing contracts System and method for managing purchasing contracts

2006-03-21

2006-03-21

Harz, Tariq R. (Department: 3623)

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

Automated electrical financial or business practice or...

Health care management

C705S007380

Reexamination Certificate

active

07016859

ABSTRACT:
A method of managing purchasing contracts between a supplier entity and a customer entity for the purchase of ticket products includes the step of generating a purchasing contract between the two entities. The generated contract is applicable to ticketing transactions effected through a computerized system and, which, effect a ticket purchase by the customer entity. Contract terms are identified which are defined by term attributes then, a term data set of the term attributes associated with each contract term is stored in a computer database. Furthermore, transaction data relating to purchasing transactions are collected and also stored in a computer database. A computer program is executed to identify purchasing transactions as contracted transactions (i.e., applicable to a contract) by selecting a portion of the transaction data for a transaction and comparing this portion with the term attributes for a contract term.

REFERENCES:
patent: 4862357 (1989-08-01), Ahlstrom et al.
patent: 5191523 (1993-03-01), Whitesage
patent: 5570283 (1996-10-01), Shoolery et al.
patent: 5774870 (1998-06-01), Storey
patent: 5832453 (1998-11-01), O'Brien
patent: 6167378 (2000-12-01), Webber, Jr.
patent: 6236984 (2001-05-01), Owens et al.
patent: 6338071 (2002-01-01), Balaban et al.
patent: 2001/0011222 (2001-08-01), McLauchlin et al.
patent: 2001/0034626 (2001-10-01), Gillespie
patent: 2002/0178034 (2002-11-01), Gardner et al.
patent: 2002/0184084 (2002-12-01), Lidow
patent: 2003/0014326 (2003-01-01), Ben-Meir et al.
patent: WO 00/17798 (2000-03-01), None

Affiliated with

Also associated with

Rating

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

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-3575908