Expense tracking, electronic ordering, invoice presentment, and payment system and method
First Claim
Patent Images
1. A system for processing an invoice comprising:
- at least one processor;
an invoice receiving module for receiving, with the at least one processor, the invoice for an item ordered by a requester;
an approval module for processing, with the at least one processor, the invoice through an approval and payment process, the approval module processing the invoice based on a plurality of approval rules that are based on the item ordered and defined by the requester;
anda payment module for submitting, with the at least one processor, payment in response to approved invoices.
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Abstract
Systems and methods are described for electronic invoice presentment and payment processing. Requestors may place an order to purchase goods or services from one or more vendors. Invoice processing includes approval routing and dispute resolution.
37 Citations
20 Claims
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1. A system for processing an invoice comprising:
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at least one processor; an invoice receiving module for receiving, with the at least one processor, the invoice for an item ordered by a requester; an approval module for processing, with the at least one processor, the invoice through an approval and payment process, the approval module processing the invoice based on a plurality of approval rules that are based on the item ordered and defined by the requester; and a payment module for submitting, with the at least one processor, payment in response to approved invoices. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A non-transitory computer-readable medium having computer-readable program code embodied therein for resolving a dispute associated with an invoice, the computer-readable program code comprising:
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computer-readable instructions for receiving an invoice for an item from a vendor; computer-readable instructions for determining whether an invoice total associated with the invoice matches a purchase order total associated with a purchase order associated with the invoice; computer-readable instructions for determining whether to approve the invoice based on two or more requester-defined rules customized for the item ordered, in response to a determination that the invoice total does not match the purchase order total; computer-readable instructions for submitting the invoice for payment in response to an approved invoice; computer-readable instructions for providing an interface for the requester to enter comments to the vendor indicating the reasons rejecting a rejected invoice, in response to a determination that the invoice was not approved based on the two or more requester-defined rules; and computer-readable instructions for providing an interface for the vendor to respond to a rejected invoice or submit a new invoice upon receiving notification of a rejected invoice. - View Dependent Claims (10, 11, 12, 13, 14)
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15. An electronic invoice presentment and payment system, comprising:
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at least one processor; an invoice receiving module for receiving, with the at least one processor, an invoice for an item ordered by a requester; and an invoice processing module for routing and approving, with the at least one processor, the invoice; wherein the invoice processing module comprises a plurality of custom invoice approval rules defined by the requester and based on the item ordered. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification