This inventor holds 1 USPTO granted patent and 1 published patent application. Top assignee: Ariba, Inc.. Active years: 2013.
Company Filing History:
Years Active: 2013
Title: Raja Polisetti: Innovator in Electronic Auction Systems
Introduction
Raja Polisetti is a notable inventor based in Bengaluru, India. He has made significant contributions to the field of electronic auction systems, particularly in the context of invoice prepayment. His innovative approach has the potential to streamline financial transactions between suppliers and buyers.
Latest Patents
Raja Polisetti holds a patent for "Facilitating electronic auction of prepayment of an invoice." This invention outlines a method where a supplier and a buyer approve an invoice with specific terms. The supplier submits the invoice electronically with proposed prepayment terms to an exchange platform. The platform then conducts an electronic auction for the invoice, allowing multiple bidders to participate. If a winning bid is received, the payment between the winning bidder and the supplier is facilitated electronically. This patent showcases Raja's ability to enhance efficiency in financial processes.
Career Highlights
Raja Polisetti is currently employed at Ariba, Inc., where he continues to develop innovative solutions in the realm of electronic transactions. His work at Ariba has positioned him as a key player in the industry, contributing to advancements that benefit both suppliers and buyers.
Collaborations
Raja has collaborated with talented individuals such as Yuan Tung and Kshitij Dayal. These partnerships have fostered a creative environment that encourages the development of groundbreaking ideas and solutions.
Conclusion
Raja Polisetti's contributions to electronic auction systems exemplify the impact of innovation in financial transactions. His patent for facilitating invoice prepayment auctions is a testament to his expertise and vision in this field.