PROVISON APPLICATION SYSTEM AND METHOD

• US 20090319408A1
• Filed: 06/19/2009
• Published: 12/24/2009
• Est. Priority Date: 06/19/2008
• Status: Abandoned Application

• Current Assignee: Boston Capital Partners
• Original Assignee: Boston Capital Partners
• Inventors: Callahan, Michael, Teal, Marc N., Madden, Brian
• Application Number:
  US12/487,985
• Publication Number:
  US 20090319408A1
• Time in Patent Office: Days
• US Class Current: 705/34
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A system, computer-implemented method, and a computer program product for defining one or more payment distribution priorities associated with one or more rental properties. Rental property performance data is received from a rental property datastore. The one or more payment distribution priorities are applied to the rental property performance data to generate payment distribution data. A payment distribution report is generated.

Claims

1. A provision application system comprising:

a rental property datastore configured to define one or more payment distribution priorities associated with one or more rental properties;

a rental property performance process configured to receive rental property performance data from the rental property datastore;

a rules engine for applying the one or more payment distribution priorities to the rental property performance data to generate payment distribution data; and

a payment distribution process configured to generate a payment distribution report.

2. The provision application system of claim 1 wherein the rental property datastore is a rental property database.

3. The provision application system of claim 1 wherein the rental property performance data includes audit data.

4. The provision application system of claim 3 wherein applying the one or more payment distribution priorities to the rental property performance data includes calculating an available cash flow from the audit data.

5. The provision application system of claim 4 further comprising:

an override process configured to enable the user to override the available cash flow.

6. The provision application system of claim 1 wherein the payment distribution report is an annual invoice.

7. The provision application system of claim 1 further comprising:

a priority definition process for allowing the user to define the one or more payment distribution priorities.

8. A computer-implemented method comprising:

defining one or more payment distribution priorities associated with one or more rental properties;

receiving rental property performance data from a rental property datastore;

applying the one or more payment distribution priorities to the rental property performance data to generate payment distribution data; and

generating a payment distribution report.

9. The computer-implemented method of claim 8 wherein the rental property datastore is a rental property database.

10. The computer-implemented method of claim 8 wherein the rental property performance data includes audit data.

11. The computer-implemented method of claim 10 wherein applying the one or more payment distribution priorities to the rental property performance data includes calculating an available cash flow from the audit data.

12. The computer-implemented method of claim 11 further comprising:

enabling the user to override the available cash flow.

13. The computer-implemented method of claim 8 wherein the payment distribution report is an annual invoice.

14. The computer-implemented method of claim 8 further comprising:

allowing the user to define the one or more payment distribution priorities.

15. A computer program product residing on a computer readable medium having a plurality of instructions stored thereon, which, when executed by a processor, cause the processor to perform operations comprising:

defining one or more payment distribution priorities associated with one or more rental properties;

receiving rental property performance data from a rental property datastore;

applying the one or more payment distribution priorities to the rental property performance data to generate payment distribution data; and

generating a payment distribution report.

16. The computer program product of claim 15 wherein the rental property datastore is a rental property database.

17. The computer program product of claim 15 wherein the rental property performance data includes audit data.

18. The computer program product of claim 17 wherein applying the one or more payment distribution priorities to the rental property performance data includes calculating an available cash flow from the audit data.

19. The computer program product of claim 18 further comprising instructions for:

enabling the user to override the available cash flow.

20. The computer program product of claim 15 wherein the payment distribution report is an annual invoice.

21. The computer program product of claim 15 further comprising instructions for:

allowing the user to define the one or more payment distribution priorities.