Coupa Software Inc.

Rajiv Ramachandran

Rohit Jalisatgi

Ahmad Sadeddin

Tushar Rawal

Adam Alphin

Alan Cima

Matt Pasquini

David Williams

Matthew Pasquini

Faraz Ahmed Qureshi

Angela Welchel

Anju Gupta

Christopher Nicholson

Brent Knott

Thomas Brent Knott

A method and apparatus for facilitating the utilization of virtual payment card data is provided. In various embodiments, virtual payment card data is received by a centralized e-procurement service directly from buyer or issuer entities participating in the service. In various embodiments, secure processes protect the security of virtual payment card data on the centralized service by actively monitoring the service for abnormal view and access behaviors of the virtual payment card data. In various embodiments, viewing interfaces for the e-procurement service are actively and responsively altered to ensure secure utilization of the virtual payment card data. In various embodiments, preventive actions are taken to actively alter virtual payment card data or access methods for entities utilizing the e-procurement service to protect the integrity and security of virtual payment card data.

Secure facilitation of virtual card activities for procurement

In an embodiment, a computer-implemented method comprises storing invoice data comprising a plurality of invoice objects, each invoice object comprising a digital programmatic object that is maintained in computer memory, each invoice object comprising one or more data fields that are programmatically linked to and storing data for an invoice between a supplier account and a buyer account, the one or more data fields including a remittance address that specifies an address to which a payment is to be sent; determining, based on the plurality of invoice objects, a set of unique remittance addresses, each unique remittance address of the set of unique remittance addresses associated with a distinct supplier account; generating a first set of payment objects based on the set of unique remittance addresses, each payment object of the first set of payment objects associated with a unique remittance address of the set of unique remittance addresses; determining, based on the plurality of invoice objects, that a particular unique remittance address of the set of unique remittance addresses is associated with multiple buyer entities of a particular buyer account; in response to determining that the particular unique remittance address of the set of unique remittance addresses is associated with the multiple buyer entities of the particular buyer account, generating a second set of payment objects, each payment object of the second set of payment objects associated with the particular unique remittance address and a distinct buyer entity of the multiple buyer entities; causing multiple payment transactions based on the first set of payment objects and the second set of payment objects.

Automatic payment batching and release in an online procurement system

In one embodiment, a computer-implemented method comprises, using an e-procurement platform instance that is programmed to host thousands of user accounts that are associated with a plurality of different entities, receiving, from a buyer computer, supplier payment account data for a dataset representing a payment to a supplier; creating a cryptographically secure fingerprint based on the supplier payment account data; using the fingerprint and at least a portion of the supplier payment account data, programmatically transmitting a structured database query to a digital data repository, the digital data repository comprising at least hundreds of thousands of records of transactions that included other datasets representing other payments; in response to the querying, receiving a result set of a plurality of supplier payment datasets, based on the records of transactions, the supplier payment datasets representing past submissions of payments to the same supplier payment account that the fingerprint represents; based on the result set and a plurality of programmatic rules, calculating one or more notification metrics and selecting a notification from among a plurality of programmed notifications and transmitting, to the buyer computer, presentation instructions which when rendered using the buyer computer cause displaying the one or more notification metrics and a notification text.

Security alerts in supplier transactions

A method and apparatus for facilitating the utilization of virtual payment card data is provided. In various embodiments, virtual payment card data is received by a centralized e-procurement service directly from buyer or issuer entities participating in the service. In various embodiments, secure processes protect the security of virtual payment card data on the centralized service by actively monitoring the service for abnormal view and access behaviors of the virtual payment card data. In various embodiments, viewing interfaces for the e-procurement service are actively and responsively altered to ensure secure utilization of the virtual payment card data. In various embodiments, preventative actions are taken to actively alter virtual payment card data or access methods for entities utilizing the e-procurement service to protect the integrity and security of virtual payment card data.

A programmed computer-implemented method allows enterprises to pay transactions using a virtual credit card at the time of an approved purchase order. The approach maintains corporate controls relating to requisitions and purchase orders, eliminates the need for electronic invoicing, and automates the accounting and reconciliation of virtual credit card charges. For example, a particular line item in a card statement, representing a particular charge event, is automatically reconciled to the correct purchase order. For another example, each charge represented in a card statement can be associated with the supplier that is identified in a corresponding PO. Therefore, a computer graphical user interface (GUI) can show vendor identification at any time, whereas most buyers are not able to see the true vendor in spend data on a credit card charge, as the vendor is typically just represented as the issuing bank.

Automatic virtual purchase card charge reconciliation against requisition in an online procurement system

Growing community of inventors

San Mateo, CA, United States of America

Rajiv Ramachandran