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.
Patent No.:
Date of Patent:
Sep. 28, 2010
Filed:
Mar. 06, 2000
Fred Slavin, Manalapan, NJ (US);
Eric Baltuch, New York, NY (US);
Margaret Wren, Brooklyn, NY (US);
Dennis Gniewosz, Brooklyn, NY (US);
James P. Pretlow, Iii, Los Angeles, CA (US);
Freddy J. Marin, Hempstead, NY (US);
Fred Slavin, Manalapan, NJ (US);
Eric Baltuch, New York, NY (US);
Margaret Wren, Brooklyn, NY (US);
Dennis Gniewosz, Brooklyn, NY (US);
James P. Pretlow, III, Los Angeles, CA (US);
Freddy J. Marin, Hempstead, NY (US);
JPMorgan Chase Bank, N.A., New York, NY (US);
Abstract
A system and method are provided which accept orders from customers located at distributed locations, manages the ordering process by presenting a consolidated invoice to the seller, allows the seller to indicate which items are being paid along with a reason code for items for which payment is being withheld, accepts a consolidated payment, and allocates that payment to the appropriate selling subsidiary. In general, one or more orders are received from a buyer in which each of the orders corresponds to at least one seller subsidiary. The orders are consolidated into a consolidated invoice. The consolidated invoices are then made available to the buyer. An indication is received from the buyer as to which of the orders a payment is being approved. The payment, once received, is allocated to a corresponding at least one seller subsidiary for which the payment has been made.