Construction payment management system and method with graphical user interface features

• US 7,983,972 B2
• Filed: 09/26/2007
• Issued: 07/19/2011
• Est. Priority Date: 06/29/2004
• Status: Active Grant

• Current Assignee: Textura LLC (Oracle Corporation)
• Original Assignee: Textura LLC (Oracle Corporation)
• Inventors: Eichhorn, William H., Allin, Patrick J., Niden, Howard L., Cherry, Charles C.
• Primary Examiner(s): Colbert; Ella
• Application Number:
  US11/904,280
• Publication Number:
  US 20080021823A1
• Time in Patent Office: 1,392 Days
• Field of Search: 705/1, 705/1.1, 705/35, 705/52
• US Class Current: 705/35
• CPC Class Codes: G06F 3/0484 for the control of specific functions or operations, e.g. selecting or manipulating an object, an image or a displayed text element, setting a parameter value or selecting a range
• CPC Class Codes: G06Q 10/00 Administration; Management
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 10/0631 Resource planning, allocation, distributing or scheduling for enterprises or organisations
• CPC Class Codes: G06Q 10/06313 Resource planning in a project environment
• CPC Class Codes: G06Q 10/103 Workflow collaboration or project management
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/12 Accounting
• CPC Class Codes: G06Q 50/08 Construction
• CPC Class Codes: G06Q 50/16 Real estate

Abstract

A system and method for managing a construction payment process. One graphical user interface embodying the invention can include a project schedule progress bar and a funds disbursed progress bar. The project schedule progress bar indicates progress with respect to calendar dates of a construction project, and the funds disbursed progress bar indicates progress with respect to a budget dollar amount of a construction project. Another graphical user embodying the invention can include an organization form, a project form, a budget form, a draw initiated notification, an enter request for payment form, a sign lien waiver notification, and a payment disbursed notification for notifying the plurality of participants that a payment has been disbursed for the pending draw to each of the plurality of participants based on the payment information received from each of the plurality of participants.

Claims

1. A construction payment management system comprising a processor and a memory storing instruction that, when executed by the processor, cause the system to:

receive participant information including payment information from one of a plurality of participants associated with a construction project through an organization form displayed on a graphical user interface;

display a draw initiated notification for notifying the one of the plurality of participants of a pending draw for the construction project, wherein the draw initiated notification is displayed according to notification preference information stored on the memory;

receive a payment request from the one of the plurality of participants in response to the draw initiated notification, wherein the payment request is received through an enter request for payment form displayed on the graphical user interface;

display a sign lien waiver notification in response to receiving the payment request through the enter payment request form, the sign lien waiver notification notifying the one of the plurality of participants of a request for a signed lien waiver related to the request for payment, wherein the sign lien waiver notification is displayed according to the notification preference information stored on the memory; and

display a payment disbursed notification for notifying the one of the plurality of participants that, in response to receiving the payment request through the enter payment request form, a payment has been disbursed for the pending draw according to the payment information received through the organization form, wherein the payment disbursed notification is displayed according to the notification preference information stored on the memory.

2. The construction payment management system of claim 1 wherein the payment request includes at least one of an invoice and a sworn statement.

3. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, cause the system to display a graphical user interface including a messages screen for displaying notifications to the one of the plurality of participants.

4. The construction payment management system of claim 1 wherein the organization form includes at least one of a create organization form and an edit organization form.

5. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, cause the system to display at least one of a view organization screen for viewing participant information associated with one of the plurality of participants and a browse organization screen for viewing participant information associated with two or more of the plurality of participants.

6. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, cause the system to display a user form for receiving user information associated with each of the plurality of participants.

7. The construction payment management system of claim 6, wherein the user form includes at least one of a create user form and an update user form.

8. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, cause the system to display at least one of a view user screen for viewing user information associated with one of the plurality of participants and a browse users screen for viewing user information associated with two or more of the plurality of participants.

9. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, further cause the system to receive project information from the one of the plurality of participants through a project form displayed on the graphical user interface, wherein the project form includes at least one of a create project form and an update project form.

10. The construction payment management system of claim 9, wherein the instructions, when executed by the processor, cause the system to display a graphical user interface including a project home screen for displaying the project information to each of the plurality of participants.

11. The construction payment management system of claim 10 wherein the project home screen includes at least one of a project schedule progress bar, a funds disbursed progress bar, and a percent complete progress bar.

12. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, further cause the system to receive budget information from the one of the plurality of participants through a budget form displayed on the graphical user interface, wherein the budget form includes at least one of an enter budget form and an update budget form.

13. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, further cause the system to receive dates on which draws are to take place from the one of the plurality of participants through an enter draw dates form displayed on the graphical user interface.

14. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, cause the system to display a graphical user interface including a configure settings form for receiving construction management settings from at least one of the plurality of participants.

15. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, cause the system to display a graphical user interface including an inspection report form for receiving inspection details from an inspector.

16. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, further cause the system to receive a change request from the one of the plurality of participants through a change request form displayed on the graphical user interface.

17. The construction payment management system of claim 1, wherein the instructions, when executed by the processor, further cause the system to receive the notification preference information from the one of the plurality of participants through a user form displayed on the graphical user interface.