Trade finance automation system

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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Details

C705S030000, C705S035000

Reexamination Certificate

active

07418424

ABSTRACT:
A trade finance automation system includes an accounts receivable database receiving and storing invoices issued by one or more prescribed vendors for sales made to specified buyers. A credit limits database contains various credit limits applicable to buyers invoices that are subject to existing third party financing, the credit limits dictated by factors including terms of said third party financing. A credit limits tester performs substantially real time checking of buyers invoices in the accounts receivable database to ensure compliance with the credit limits set forth in the credit limits database for said buyers.

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