Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2005-03-15
2005-03-15
Poinvil, Frantzy (Department: 2164)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
06868401
ABSTRACT:
A transaction processing system facilitates the buying and selling of commodity products by establishing a single documentary record for the transaction, requiring approval of variables introduced into the transaction. The parties register and agree to a standard contract of terms. For each transaction, the unique data for that transaction is entered by the parties and then must be affirmatively approved. Next, a schedule for delivery of the product is developed in conjunction with an overall schedule for product delivery for all of the current transactions. After the product is delivered, a product delivery report is provided from the delivery asset specifying the volume of the product, its composition, and shipment. This information, in conjunction with the transaction contract, are utilized to produce invoicing data. The parties must affirmatively approve the invoicing data prior to the production of payment statements by the system.
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Solarc Introduces i.Link for Integr
Carpenter Kevin W.
Wiens Orville J.
ConocoPhillips Company
Hitchcock David
Poinvil Frantzy
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