Method and system for accounts payable prioritization and management
First Claim
1. A computing system implemented process for accounts payable management comprising:
- using one or more processors associated with one or more computing systems to obtain data indicating a user'"'"'s vendor payment priority criteria, the user being associated with a business;
using one or more processors associated with one or more computing systems to obtain data associated with one or more vendors to the business;
using one or more processors associated with one or more computing systems to obtain data associated with one or more invoices from one or more of the one or more vendors to the business;
using one or more processors associated with one or more computing systems to obtain data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business;
using one or more processors associated with one or more computing systems to analyze the data indicating the user'"'"'s vendor payment priority criteria, the data associated with one or more vendors to the business, the data associated with one or more invoices from one or more of the one or more vendors to the business, and the data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business;
using one or more processors associated with one or more computing systems to generate a proposed vendor payment plan based on the analysis of the data indicating the user'"'"'s vendor payment priority criteria, the data associated with one or more vendors to the business, the data associated with one or more invoices from one or more of the one or more vendors to the business, and the data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business, the proposed vendor payment plan including one or more proposed vendor payments prioritized to be as consistent as possible with the user'"'"'s vendor payment priority criteria;
using one or more processors associated with one or more computing systems to display the proposed vendor payment plan to one or more users associated with the business that have approval authority on a display device associated with one or more computing systems accessible by the one or more users;
using one or more processors associated with one or more computing systems to provide one or more of the one or more users associated with the business that have approval authority the capability to edit and/or approve at least part of the proposed vendor payment plan; and
once the proposed vendor payment plan is approved by one or more specified users of the one or more users associated with the business that have approval authority, using one or more processors associated with one or more computing systems to make one or more payments to one or more vendors to the business for one or more of the one or more invoices from the one or more vendors to the business.
2 Assignments
0 Petitions
Accused Products
Abstract
A system for accounts payable management whereby vendor payment priority criteria are defined and data associated with one or more vendors and/or vendor invoices is obtained along with data indicating funds available to make vendor payments. The data: indicating vendor payment priority criteria, associated with one or more vendors and/or vendor invoices, and indicating funds available to make vendor payments is then analyzed and used to automatically generate a proposed vendor payment plan. The proposed vendor payment plan is then displayed to one or more users associated as part of a user interface display and the one or more users are provided the opportunity to edit and/or approve the proposed vendor payment plan. Once the proposed and/or edited vendor payment plan is approved, one or more payments are automatically made to one or more vendors in accordance with the approved vendor payment plan.
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Citations
30 Claims
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1. A computing system implemented process for accounts payable management comprising:
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using one or more processors associated with one or more computing systems to obtain data indicating a user'"'"'s vendor payment priority criteria, the user being associated with a business; using one or more processors associated with one or more computing systems to obtain data associated with one or more vendors to the business; using one or more processors associated with one or more computing systems to obtain data associated with one or more invoices from one or more of the one or more vendors to the business; using one or more processors associated with one or more computing systems to obtain data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business; using one or more processors associated with one or more computing systems to analyze the data indicating the user'"'"'s vendor payment priority criteria, the data associated with one or more vendors to the business, the data associated with one or more invoices from one or more of the one or more vendors to the business, and the data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business; using one or more processors associated with one or more computing systems to generate a proposed vendor payment plan based on the analysis of the data indicating the user'"'"'s vendor payment priority criteria, the data associated with one or more vendors to the business, the data associated with one or more invoices from one or more of the one or more vendors to the business, and the data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business, the proposed vendor payment plan including one or more proposed vendor payments prioritized to be as consistent as possible with the user'"'"'s vendor payment priority criteria; using one or more processors associated with one or more computing systems to display the proposed vendor payment plan to one or more users associated with the business that have approval authority on a display device associated with one or more computing systems accessible by the one or more users; using one or more processors associated with one or more computing systems to provide one or more of the one or more users associated with the business that have approval authority the capability to edit and/or approve at least part of the proposed vendor payment plan; and once the proposed vendor payment plan is approved by one or more specified users of the one or more users associated with the business that have approval authority, using one or more processors associated with one or more computing systems to make one or more payments to one or more vendors to the business for one or more of the one or more invoices from the one or more vendors to the business. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15)
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16. A system for accounts payable management comprising:
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a first computing system associated with a financial institution, the first computing system including data associated with a user business'"'"' available funds; a second computing system associated with a user business, the second computing system including data associated a user business and accounts payable by the user business, the second computing system implementing at least part of a process for accounts payable management, the process for accounts payable management including; obtaining data indicating the user business'"'"' vendor payment priority criteria from the second computing system; obtaining data associated with one or more vendors to the business from the second computing system; obtaining data associated with one or more invoices from one or more of the one or more vendors to the business from the second computing system; obtaining data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business from the first computing system; analyzing the data indicating the user'"'"'s vendor payment priority criteria, the data associated with one or more vendors to the business, the data associated with one or more invoices from one or more of the one or more vendors to the business, and the data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business; generating a proposed vendor payment plan based on the analysis of the data indicating the user'"'"'s vendor payment priority criteria, the data associated with one or more vendors to the business, the data associated with one or more invoices from one or more of the one or more vendors to the business, and the data indicating funds available to the business to pay at least part of the one or more invoices from one or more of the one or more vendors to the business, the proposed vendor payment plan including one or more proposed vendor payments prioritized to be as consistent as possible with the user'"'"'s vendor payment priority criteria; displaying the proposed vendor payment plan to one or more users associated with the business that have approval authority on a display device associated with the second computing system; providing one or more of the one or more users associated with the business that have approval authority the capability to edit and/or approve at least part of the proposed vendor payment plan; and once the proposed vendor payment plan is approved by one or more specified users of the one or more users associated with the business that have approval authority, making one or more payments to one or more vendors to the business for one or more of the one or more invoices from the one or more vendors to the business. - View Dependent Claims (17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30)
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Specification