Company Filing History:
Years Active: 2010-2018
Title: Innovations by Rene Lacerte in Electronic Billing and Payment Systems
Introduction
Rene Lacerte is a notable inventor based in Portola Valley, California. She has made significant contributions to the field of electronic billing and payment systems. With a total of five patents to her name, Lacerte's work focuses on enhancing the efficiency and security of financial transactions.
Latest Patents
One of Lacerte's latest patents is an enhanced invitation process for electronic billing and payment systems. This invention describes advanced systems and methods for processing invoices, payments, and money transfers. A key aspect of this invention is a computer-implemented method for inviting an entity to open an account at a billing and payment system. The method includes issuing a check payable to the entity, with a checkbox for account opening printed on the endorsement section. After the check is cleared, an image of the endorsement section is received, and the system determines whether the checkbox is checked. If it is, an account is opened for the entity at the billing and payment system.
Another patent by Lacerte also focuses on the enhanced invitation process for electronic billing and payment systems. This method involves receiving an instruction from a first entity to invite a second entity to open an account. The first entity, which already has an account, provides a security question and answer to accompany the invitation. The invitation, along with the security question, is transmitted to the second entity. Upon acceptance, the system verifies the answers and, if they match, opens an account for the second entity. This process creates a link between the accounts for sharing invoice information and making electronic payments.
Career Highlights
Rene Lacerte is currently associated with Bill.com, Inc., where she continues to innovate in the field of electronic payments. Her work has significantly impacted how businesses manage their billing and payment processes.
Collaborations
Lacerte collaborates with talented professionals in her field, including Mark Orttung and Eric Chan. Their combined expertise contributes to the advancement of electronic billing solutions.
Conclusion
Rene Lacerte's innovative patents and contributions to electronic billing and payment systems demonstrate her commitment to improving financial transaction processes. Her work continues to influence the industry and enhance user experiences in electronic payments.