This inventor holds 7 USPTO granted patents. Top assignee: International Business Machines Corporation. Active years: 2004-2012.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2004-2012
Title: The Innovations of William Montgomery Sjostrom
Introduction
William Montgomery Sjostrom is a notable inventor based in Rome, PA (US). He has made significant contributions to the field of invoice processing systems, holding a total of 7 patents. His work primarily focuses on automating procurement processes, which has streamlined operations for businesses.
Latest Patents
Sjostrom's latest patents include a "System for processing a purchase request for goods or services" and a "System and method for automating invoice processing with positive confirmation." Both patents describe an invoice processing system that integrates a requisition and catalog server, known as the Req/Cat Web, with a procurement services system (SAP). This innovative system allows requesters to input their requirements, which are then processed to create purchase orders, manage vendor invoices, and facilitate payments. The system distinguishes between receivable and non-receivable commodities, ensuring that payments are approved through either a positive or negative confirmation process. This automation not only enhances efficiency but also triggers the generation of goods received tickets upon invoice acceptance.
Career Highlights
William Montgomery Sjostrom is currently employed at International Business Machines Corporation (IBM). His role at IBM has allowed him to further develop his innovative ideas and contribute to advancements in procurement technology. His expertise in invoice processing systems has positioned him as a key player in the field.
Collaborations
Throughout his career, Sjostrom has collaborated with talented individuals such as Sherry Lee Wilson and Susan Bumgardner Cirulli. These collaborations have fostered a creative environment that has led to the development of impactful technologies.
Conclusion
William Montgomery Sjostrom's contributions to invoice processing systems exemplify the importance of innovation in streamlining business operations. His patents reflect a commitment to enhancing efficiency and accuracy in procurement processes.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile