Construction payment management systems and methods with specified billing features
First Claim
1. A construction payment management system comprising:
- a software enabled user interface accessible by a first participant associated with a construction project and a payee associated with the construction project;
a computer readable memory; and
a processor configured toselectively operate in either a specified billing mode or a normal mode in response to an input received from the first participant,wherein operating in the specified billing mode includesreceiving invoice details from the first party,generating an invoice based on the invoice details received from the first participant,displaying the invoice to the payee,requesting an approval or a rejection of the invoice from the payee, andinitiating a payment to the payee after receiving the approval of the invoice from the payee, andwherein operating in the normal mode includesreceiving invoice details from the payee,generating the invoice based on the invoice details received from the payee,displaying the invoice to the first participant,requesting an approval or a rejection of the invoice from the first participant, andinitiating a payment to the payee after receiving the approval of the invoice from the first participant.
1 Assignment
0 Petitions
Accused Products
Abstract
Systems and methods for managing payments. One construction of the system includes a software enabled user interface accessible by a first party and a second party, at least one computer readable memory, and a processor. The processor is configured to selectively operate in a specified billing mode in response to an input received from the first party. The processor is configured to receiving invoice details from the first party when operating in the specified billing mode and from the second party when not operating in the specified billing mode. The processor is further configured to generate an invoice based on the invoice details, display the invoice to the first party and the second party, and request an approval or a rejection of the invoice from the first party or the second party.
136 Citations
24 Claims
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1. A construction payment management system comprising:
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a software enabled user interface accessible by a first participant associated with a construction project and a payee associated with the construction project; a computer readable memory; and a processor configured to selectively operate in either a specified billing mode or a normal mode in response to an input received from the first participant, wherein operating in the specified billing mode includes receiving invoice details from the first party, generating an invoice based on the invoice details received from the first participant, displaying the invoice to the payee, requesting an approval or a rejection of the invoice from the payee, and initiating a payment to the payee after receiving the approval of the invoice from the payee, and wherein operating in the normal mode includes receiving invoice details from the payee, generating the invoice based on the invoice details received from the payee, displaying the invoice to the first participant, requesting an approval or a rejection of the invoice from the first participant, and initiating a payment to the payee after receiving the approval of the invoice from the first participant. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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Specification