Company Filing History:
Years Active: 2024-2025
Title: Innovator Spotlight: Faraz Ahmed Qureshi
Introduction
Faraz Ahmed Qureshi, an inventive mind based in Queens, NY, has made significant strides in the field of online procurement systems. With a keen understanding of technological innovation, Qureshi holds a patent that enhances the way payment processes are handled in business transactions.
Latest Patents
Qureshi's notable patent, titled "Automatic Payment Batching and Release in an Online Procurement System," outlines a computer-implemented method for managing invoice data more efficiently. The method focuses on storing invoice objects linked to supplier and buyer accounts. It innovatively determines unique remittance addresses and generates payment objects associated with them, thereby optimizing the payment transaction process across multiple buyer entities.
Career Highlights
Currently employed at Coupa Software Inc., Qureshi leverages his inventive skills to advance the company’s offerings in procurement technology. His efforts contribute to improving payment systems that benefit suppliers and buyers alike. His innovative approach demonstrates a blend of technical expertise and practical application.
Collaborations
Throughout his career, Faraz has collaborated with talented individuals, including coworkers Tushar Rawal and Adam Alphin. Together, they work on pioneering solutions that drive efficiency and enhance the user experience in procurement processes.
Conclusion
As an inventor, Faraz Ahmed Qureshi exemplifies the spirit of innovation within the realm of online procurement systems. His patent not only showcases his ability to address complex challenges in payment processing but also contributes to the broader landscape of technological advancements.