Method and process for providing relevant data, comparing proposal alternatives, and reconciling proposals, invoices, and purchase orders with actual costs in a workflow process

• US 7,991,680 B2
• Filed: 03/06/2001
• Issued: 08/02/2011
• Est. Priority Date: 03/06/2000
• Status: Expired due to Fees

• Current Assignee: Wellogix Technology Licensing LLC (Wellogix Incorporated)
• Original Assignee: Wellogix Technology Licensing LLC (Wellogix Incorporated)
• Inventors: Bodnar, Robert, Lopus, Thomas A., Livesay, Jeffrey A.
• Primary Examiner(s): Colbert; Ella
• Application Number:
  US09/801,016
• Publication Number:
  US 20020046147A1
• Time in Patent Office: 3,801 Days
• Field of Search: 705/37, 705/26, 705/1, 705/1.1, 705 7- 10, 705/30, 705/40, 705/80, 715/201, 715/205, 715/229, 715/234, 717/101, 717/102, 717/107
• US Class Current: 705/37
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 10/0633 Workflow analysis
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0637 Approvals
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/188 Electronic negotiation

Abstract

The present invention provides a process and system for matching buyers and sellers of either goods or services, or goods and services for a project. The invention enables a buyer to specify a project in terms of physical, functional, temporal, financial, and transactional parameters that can be automatically converted, by the present invention, into at least one request for either goods or services, or goods and services to perform work related to the project. The requests are suitably provided to at least one seller. Upon receiving a request, the seller may submit a response to the request, as desired. The invention provides a forum for the negotiation of any agreements and the formation of contracts to provide the requested, or alternative goods or services, or goods and services, as well as reconciliation of purchase orders, actual field costs, and invoices.

Claims

1. A method for procuring at least one good, at least one service, or combinations thereof, for reconciling actual performance data with estimated data for a complex project ordered by a buyer and performed by a seller, the method comprising:

obtaining and storing in at least one data storage medium electronically accessible to a processor the estimated data from a source relating to the complex project, wherein the estimated data comprises an initial estimate of the at least one good, the at least one service, or combinations thereof required for performance of at least a portion of the complex project;

receiving and storing in at least one data storage medium electronically accessible to the processor the actual performance data via a communication network, wherein the actual performance data comprises an indication of the at least one good, the at least one service, or combinations thereof used for performance of at least a portion of the complex project;

using the processor to compare the actual performance data to the estimated data to determine a discrepancy between the actual performance data and the estimated data;

sending an electronic notification of the discrepancy to at least one buyer, at least one seller, or combinations thereof;

receiving a proposed reconciliation from the at least one buyer or the at least one seller; and

receiving approval or disapproval of the proposed reconciliation from the at least one buyer or the at least one seller.

2. The method as described in claim 1, wherein the actual performance data comprises an actual cost, in whole or in part, of goods, services, or combinations thereof in performance of the complex project.

3. The method as described in claim 1, wherein the actual performance data comprises an actual accounting, in whole or in part, of goods, services, or combinations thereof in performance of the complex project.

4. The method as described in claim 1, further comprising the step of using the processor to compare the discrepancy between the estimated data and the actual performance data with at least one rule stored in the at least one data storage medium, wherein the discrepancy between the estimated data and the actual performance data falls within a tolerance of the at least one rule, and wherein the step of receiving approval or disapproval of a proposed reconciliation comprises receiving automatic approval of the proposed reconciliation.

5. The method as described in claim 1, further comprising the step of using the processor to compare the discrepancy between the estimated data and the actual performance data with at least one rule stored in the at least one data storage medium, wherein the discrepancy between the estimated data and the actual performance data falls outside of a tolerance of the at least one rule, and wherein the step of receiving approval or disapproval of proposed reconciliation comprises receiving automatic disapproval of the proposed reconciliation and transmission of a notification to the at least one buyer or the at least one seller.

6. The method as described in claim 1, wherein the step of receiving approval or disapproval of the proposed reconciliation comprises receiving an electronic approval of the discrepancy from the at least one buyer or the at least one seller.

7. The method as described in claim 1, wherein the step of receiving approval or disapproval of the proposed reconciliation comprises receiving an electronic disapproval of the discrepancy from the at least one buyer or the at least one seller and a second proposed reconciliation from the at least one buyer or the at least one seller, an electronic communication from the at least one buyer or the at least one seller, or combinations thereof.

8. The method of claim 1, wherein the estimated data comprises a purchase order for said at least one good, said at least one service, or combinations thereof.

9. The method of claim 1, wherein the actual performance data comprises an invoice, a field ticket, or combinations thereof related to the indication of the at least one good, at least one service, or combinations thereof used for performance of the at least a portion of the complex project.