Ariba, Inc.

Andrew Hofler

Yuan Tung

Kshitij Dayal

Tanvi Bakul Shah

Satyajit Choudhury

Raja Polisetti

Ramakrishna Vadla

Jegnaw Ayele

Embodiments for facilitating an electronic auction of prepayment of an invoice are disclosed. One method includes a supplier and a buyer approving the invoice with definite terms. The supplier electronically submits the invoice with proposed prepayment terms to an exchange platform. The exchange platform provides an electronic auction of the invoice with proposed prepayment terms to a plurality of bidders and receiving a bid from at least one of the plurality of bidders. Payment of the invoice between the winning bidder and the supplier is electronically facilitated if a winning bid is received.

Facilitating electronic auction of prepayment of an invoice

Growing community of inventors

Cranberry Township, PA, United States of America

Andrew Hofler