The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jun. 09, 2020

Filed:

Dec. 14, 2015
Applicant:

Oracle International Corporation, Redwood Shores, CA (US);

Inventors:

Shyam Sundar Santhanam, Redwood City, CA (US);

Kalyana Chakravarthy Dande, Hyderabad, IN;

Balaji Duvaragamani, Hyderabad, IN;

Siddharth Khanna, Austin, TX (US);

Jatinder Gogna, Baldwin Place, NY (US);

Sunil Sama Reddy, San Carlos, CA (US);

Srinath Reddy Kayitha, Foster City, CA (US);

Karthik Natarajan, Bangalore, IN;

Kalyani Manda, Hyderabad, IN;

Prabha Seshadri, San Jose, CA (US);

Nitish Dave, Bilaspur, IN;

Girish Jha, Hyderabad, IN;

Amit Ranjan Kumar, Hyderabad, IN;

Chandu Chinthala, Narasimharao Palem, IN;

Raveesh Yadav, Hyderabad, IN;

Assignee:

Oracle International Corporation, Redwood Shores, CA (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01); G06Q 10/06 (2012.01); G06Q 20/10 (2012.01); G06Q 20/38 (2012.01); G06F 16/25 (2019.01);
U.S. Cl.
CPC ...
G06Q 10/0637 (2013.01); G06F 16/258 (2019.01); G06Q 10/06316 (2013.01); G06Q 20/10 (2013.01); G06Q 20/389 (2013.01); G06Q 40/12 (2013.12);
Abstract

A system that processes trade events is provided. The system receives events associated with a supply chain financial orchestration flow, where a supply chain financial orchestration flow defines a trade relationship between a first entity and a second entity. The system further determines whether at least one event indicates an ownership change of an item between a first entity and a second entity. The system further generates trade events where at least one event indicates an ownership change. The system further sends the trade events to a cost accounting system. The cost accounting system further performs accounting based on the trade events and generates trade accounting events.


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