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1. US20190102814 - Methods and systems to maintain, check, report, and audit contract and historical pricing in electronic procurement

Office United States of America
Application Number 16053157
Application Date 02.08.2018
Publication Number 20190102814
Publication Date 04.04.2019
Grant Number 10861069
Grant Date 08.12.2020
Publication Kind B2
IPC
G06Q 30/00
GPHYSICS
06COMPUTING; CALCULATING OR COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
30Commerce, e.g. shopping or e-commerce
G06Q 30/06
GPHYSICS
06COMPUTING; CALCULATING OR COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
30Commerce, e.g. shopping or e-commerce
06Buying, selling or leasing transactions
CPC
G06Q 30/0609
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
30Commerce, e.g. shopping or e-commerce
06Buying, selling or leasing transactions
0601Electronic shopping
0609Buyer or seller confidence or verification
G06Q 30/06
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
30Commerce, e.g. shopping or e-commerce
06Buying, selling or leasing transactions
Applicants Coupa Software Incorporated
Inventors John Hutchinson
Venkateswaran Krishnan
Senthilkumar Vadivel
Agents Baker Botts L.L.P.
Title
(EN) Methods and systems to maintain, check, report, and audit contract and historical pricing in electronic procurement
Abstract
(EN)

Disclosed embodiments provide an electronic procurement system and process that enables a buyer or purchasing organization to maintain explicitly or implicitly, a contract price between the buyer/purchasing organization and the supplier whose catalog is integrated with an electronic marketplace. In one embodiment, a process is executed to compare the listed/purchase price of catalog items against the contract price or against a ‘normal’ purchase price. A user (e.g. the buyer) may also be able to configure and receive specific alerts regarding items that are purchased in deviation of the contracted price and items that have been added to the catalog since the last contract. Disclosed embodiments may also maintain, automatically, the historical price and purchase information of supplier catalog items that are enabled through the electronic marketplace. The user may be able to view a history of prices at which the supplier catalog item was listed in the catalogs as well as purchased by users in the same organization.

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