Cash flow management system and method
First Claim
1. A method for managing cash flow, comprising:
- accessing sales information of a merchant through an Internet connection adapted for control independent of the merchant;
receiving a sales transaction from said sales information;
calculating a cash flow from said sales transaction; and
distributing a portion of the cash flow to a recipient.
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Accused Products
Abstract
A method and a system are provided for managing a cash flow stream. In particular, a method is provided for managing a merchant'"'"'s flow of income. Such a method includes accessing sales information of the merchant through an Internet connection adapted for control independent of the merchant. The method further includes calculating a cash flow from a sales transaction by the merchant and distributing a portion of the cash flow to a recipient. Preferably, the portion of the cash flow distributed to the recipient may be calculated from distribution guidelines specified by the merchant. A computer-readable medium adapted to execute such a method is also provided. In addition, a cash flow management system and a method for creating such a system are also provided.
17 Citations
28 Claims
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1. A method for managing cash flow, comprising:
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accessing sales information of a merchant through an Internet connection adapted for control independent of the merchant;
receiving a sales transaction from said sales information;
calculating a cash flow from said sales transaction; and
distributing a portion of the cash flow to a recipient. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A computer-readable medium, comprising:
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a program for accessing a sales tracking device through an Internet connection, wherein the sales tracking device is governed by a merchant, and wherein the accessing program is adapted to be executed independent of the merchant;
a database for receiving information about a sale from said sales tracking device;
a program for calculating a cash flow attributable to said sale; and
a program for distributing a payment to a recipient, wherein the payment corresponds to at least a portion of the cash flow. - View Dependent Claims (11, 12, 13, 15, 16, 17, 18, 19, 20, 21, 22, 23, 25, 26, 27, 28)
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14. A method for creating a cash flow management system, comprising:
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registering a user with a central managing system, wherein the user offers products for sale via an Internet connection controlled by the user;
targeting a recipient to receive a portion of a cash flow generated from sales of said products; and
setting rules on how said portion of the cash flow is to be distributed to the recipient, wherein said setting rules comprises input from the user, wherein the central managing system is adapted to receive the cash flow on behalf of the user, and wherein the central managing system is further adapted to forward said portion of the cash flow to the recipient via the distribution rules.
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24. A cash flow management system, comprising:
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accessing means for accessing sales information of a merchant through an Internet connection, wherein said accessing means is adapted such that the sales information may be accessed independent of the merchant;
receiving means for receiving a sale from said sales information;
calculating means for computing a cash flow from said sale; and
payment means for paying a portion of said cash flow to a recipient.
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Specification