Construction payment management system and method with one-time registration features
First Claim
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1. A method of managing a construction payment process, the method comprising the acts of:
- electronically receiving registration information including payment information from a plurality of participants;
electronically storing the registration information for use in connection with multiple construction projects; and
transferring a plurality of payments to a plurality of participants associated with a plurality of construction projects by electronically accessing the registration information.
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Abstract
A system and method for managing a construction payment process. One method embodying the invention can include electronically receiving registration information including payment information from a plurality of participants, electronically storing the registration information for use with multiple construction projects, and transferring a plurality of payments to a plurality of participants associated with a plurality of construction projects by electronically accessing the registration information.
77 Citations
33 Claims
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1. A method of managing a construction payment process, the method comprising the acts of:
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electronically receiving registration information including payment information from a plurality of participants;
electronically storing the registration information for use in connection with multiple construction projects; and
transferring a plurality of payments to a plurality of participants associated with a plurality of construction projects by electronically accessing the registration information. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A construction payment management system comprising:
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an application server that stores an organization module and a database management system, the organization module receiving organization registration information including payment information from a plurality of participants for use in connection with multiple construction projects; and
a database server connected to the database management system, the database server storing the organization registration information and the database management system accessing the organization registration information, the application server using the organization registration information to transfer a plurality of payments to a plurality of participants associated with a plurality of construction projects. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26)
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27. A method of managing a construction payment process, the method comprising the acts of:
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electronically receiving registration information including payment information from a plurality of participants;
electronically storing the registration information for use in connection with multiple construction projects;
displaying at least a portion of the registration information to a user;
receiving from the user a selection of at least one participant to be included in a construction project; and
transferring a payment to the at least one participant for the construction project based on the registration information. - View Dependent Claims (28, 29, 30, 31, 32, 33)
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Specification