Automated transaction processing system and approach
First Claim
1. A transaction-processing system for facilitating transactions involving merchant offerings among parties including shippers and carriers, aspects of each transaction being characterized by transaction-based documents that are respectively provided by different parties to the transaction, the system comprising:
- a transaction databank having a plurality of anchor locations, each anchor location for storing a plurality of transaction-profile attributes that correspond to a transaction; and
a computer arrangement adapted to;
identify attributes for a common transaction, the identified attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction, use the identified attributes to construct a plurality of transaction-profile attributes in a particular one of the anchor locations, and in response to another transaction-based document for the common transaction carrying the identified attributes, use the constructed transaction-profile attributes in the particular anchor location to advance progress toward completion of the transaction.
2 Assignments
0 Petitions
Accused Products
Abstract
Transaction management is facilitated using an approach involving the use of transaction characteristics to authenticate transaction information. According to an example embodiment, a computer processing system is programmed to process a shipment transaction involving a shipper and a carrier. The system is particularly suited to efficiently automate the payment of a shipment transaction and to efficiently provide access to relevant shipment information. The system includes a shipper processor that receives transaction document information such as purchase order information and assists in generating a bill of lading for the transaction. A shipper access terminal interfaces between the shipper processor and a central processor arrangement to control the quantity, quality, and timeliness of information transferred to the central processor arrangement. The central processor arrangement stores selective transaction information such as shipment information and generates reports regarding the transactions, with each transaction having particular information associated with it (e.g., shipper ID, carrier ID and other information). A carrier processor provides proof of delivery to the central processor arrangement. The central processor communicates with one or more financial institutions so that the carrier is paid and shipper billed for the relevant transaction.
-
Citations
29 Claims
-
1. A transaction-processing system for facilitating transactions involving merchant offerings among parties including shippers and carriers, aspects of each transaction being characterized by transaction-based documents that are respectively provided by different parties to the transaction, the system comprising:
-
a transaction databank having a plurality of anchor locations, each anchor location for storing a plurality of transaction-profile attributes that correspond to a transaction; and
a computer arrangement adapted to;
identify attributes for a common transaction, the identified attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction, use the identified attributes to construct a plurality of transaction-profile attributes in a particular one of the anchor locations, and in response to another transaction-based document for the common transaction carrying the identified attributes, use the constructed transaction-profile attributes in the particular anchor location to advance progress toward completion of the transaction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. In an environment of multiple parties to a transaction, a transaction system for processing transaction information related to a transaction between one of the parties and another one of the parties, the system comprising:
a central processing terminal adapted to compare elements of the transaction information with user profile information associated with the parties and to automatically generate a set of common transaction information that identifies the transaction as a function of the comparison, the common transaction information including different user profile information from the one and the other one of the parties. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22)
-
23. In an environment of multiple parties to a transaction, a transaction system for processing transaction information related to a transaction between one of the parties and another one of the parties, the system comprising:
a processing terminal adapted to;
compare elements of the transaction information, which include the identity of at least two parties, with user profile information associated with the parties;
automatically generate a set of common transaction information that identifies the transaction as a function of the comparison of the elements with the user profile information, the common transaction information including different user profile information from the one and the other one of the parties;
using the generated set of common transaction information, automatically associating transaction information from different parties to the transaction;
reconciling the automatically associated transaction information by comparing element values in automatically associated transaction information from different parties; and
authorize payment for the transaction as a function of the reconciliation.
-
24. A method for facilitating transactions involving merchant offerings among parties including shippers and carriers, aspects of each transaction being characterized by transaction-based documents that are respectively provided by different parties to the transaction, the method comprising:
-
identifying attributes for a common transaction, the identified attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction, using the identified attributes to construct a plurality of transaction-profile attributes in a particular one of a plurality of anchor storage locations, and in response to another transaction-based document for the common transaction carrying the identified attributes, using the constructed transaction-profile attributes in the particular anchor location to advance progress toward completion of the transaction. - View Dependent Claims (25)
-
-
26. A system for facilitating transactions involving merchant offerings among parties including shippers and carriers, aspects of each transaction being characterized by transaction-based documents that are respectively provided by different parties to the transaction, the system comprising:
-
data storage means including a plurality of anchor storage locations for storing a plurality of transaction-profile attributes that correspond to a transaction;
means for identifying attributes for a common transaction, the identified attributes being carried by the respective transaction-based documents as respectively provided from the different parties to the common transaction, p1 means for using the identified attributes to construct a plurality of transaction-profile attributes in a particular one of a plurality of anchor storage locations, and means for using, in response to another transaction-based document for the common transaction carrying the identified attributes, the constructed transaction-profile attributes in the particular anchor location to advance progress toward completion of the transaction.
-
-
27. In an environment of multiple parties to a transaction, a method for processing transaction information related to a transaction between one of the parties and another one of the parties, the method comprising:
-
comparing elements of the transaction information with profile information associated with the parties; and
generating a set of common transaction information that identifies the transaction as a function of the comparison, the common transaction information including different profile information from the one and the other one of the parties. - View Dependent Claims (28)
-
-
29. In an environment of multiple parties to a transaction, a system for processing transaction information related to a transaction between one of the parties and another one of the parties, the system comprising:
means for comparing elements of the transaction information with profile information associated with the parties; and
means for generating a set of common transaction information that identifies the transaction as a function of the comparison, the common transaction information including different profile information from the one and the other one of the parties
Specification