This inventor holds 1 USPTO granted patent. Top assignee: International Business Machines Corporation. Active years: 1999.
Company Filing History:
Years Active: 1999
Title: Joseph Edward Hein: Innovator in Automated Payment Systems
Introduction
Joseph Edward Hein is a notable inventor based in San Jose, California. He has made significant contributions to the field of automated payment systems, particularly within Computer Integrated Manufacturing (CIM) environments. His innovative approach has streamlined processes that involve multiple trading partners and electronic data interchange.
Latest Patents
Joseph Edward Hein holds a patent for a "Method and system for automated payment within a computer integrated manufacturing system." This invention automates the validation and payment processes in CIM systems, utilizing a network of trading partners linked through Electronic Data Interchange (EDI). The system generates purchase orders based on planned orders and validates items against advanced ship notices. Upon validation, it automatically issues payment authorizations, including electronic funds transfer requests to financial institutions, ensuring compliance with payment terms and maximizing available discounts.
Career Highlights
Hein is associated with International Business Machines Corporation (IBM), where he has contributed to advancements in automated payment systems. His work has been instrumental in enhancing the efficiency of financial transactions within manufacturing environments.
Collaborations
Hein has collaborated with notable colleagues, including Craig Alfred Bloszinsky and Donald Roy Johnson, who have also contributed to innovations in related fields.
Conclusion
Joseph Edward Hein's work in automated payment systems exemplifies the impact of innovation in manufacturing processes. His patent reflects a significant advancement in the integration of technology and finance, showcasing the importance of automation in modern industry.