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:
Mar. 05, 2013
Filed:
Nov. 09, 2010
Kshitij Dayal, San Jose, CA (US);
Yuan Tung, Fremont, CA (US);
Satyajit Choudhury, Bangalore, IN;
Raja Polisetti, Bangalore, IN;
Tanvi Bakul Shah, San Jose, CA (US);
Ramakrishna Vadla, Bangalore, IN;
Jegnaw Ayele, San Jose, CA (US);
Andrew Hofler, Cranberry Township, PA (US);
Kshitij Dayal, San Jose, CA (US);
Yuan Tung, Fremont, CA (US);
Satyajit Choudhury, Bangalore, IN;
Raja Polisetti, Bangalore, IN;
Tanvi Bakul Shah, San Jose, CA (US);
Ramakrishna Vadla, Bangalore, IN;
Jegnaw Ayele, San Jose, CA (US);
Andrew Hofler, Cranberry Township, PA (US);
Ariba, Inc., Sunnyvale, CA (US);
Abstract
Embodiments for facilitating an electronic auction of prepayment of an invoice are disclosed. One method includes a supplier and a buyer approving the invoice with definite terms. The supplier electronically submits the invoice with proposed prepayment terms to an exchange platform. The exchange platform provides an electronic auction of the invoice with proposed prepayment terms to a plurality of bidders and receiving a bid from at least one of the plurality of bidders. Payment of the invoice between the winning bidder and the supplier is electronically facilitated if a winning bid is received.