Method of maximizing accounts payable discounts

Details Method of maximizing accounts payable discounts Method of maximizing accounts payable discounts

2008-05-20

2008-05-20

Kazimi, Hani M. (Department: 3691)

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

Automated electrical financial or business practice or...

Finance

C705S035000

Reexamination Certificate

active

09931444

ABSTRACT:
A method and system for identifying discount opportunities relating to invoices on goods or services purchased by a buyer from a seller is described. Additionally, the invention is directed to a system for allowing third parties to bid on and utilize such discounts at a specified rate of return. The system allows the transaction between the buyer and supplier to be conducted in the normal course of business.

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patent: 2001/0051919 (2001-12-01), Mason
Michaelas et al., Pay and Save, Jun. 1999, vol. 123, Iss. 1270; p. 92.

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