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1. (US20120143721) Methods and systems to maintain, check, report, and audit contract and historical pricing in electronic procurement

Office : United States of America
Application Number: 13309109 Application Date: 01.12.2011
Publication Number: 20120143721 Publication Date: 07.06.2012
Grant Number: 10068266 Grant Date: 04.09.2018
Publication Kind : B2
IPC:
G06Q 30/00
G06Q 30/06
G PHYSICS
06
COMPUTING; CALCULATING; COUNTING
Q
DATA 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
30
Commerce, e.g. shopping or e-commerce
G PHYSICS
06
COMPUTING; CALCULATING; COUNTING
Q
DATA 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
30
Commerce, e.g. shopping or e-commerce
06
Buying, selling or leasing transactions
CPC:
G06Q 30/06
G06Q 30/0609
Applicants: John Hutchinson
Vinimaya Inc.
Venkateswaran Krishnan
Senthilkumar Vadivel
Inventors: John Hutchinson
Venkateswaran Krishnan
Senthilkumar Vadivel
Agents: Frost Brown Todd LLC
Priority Data:
Title: (EN) Methods and systems to maintain, check, report, and audit contract and historical pricing in electronic procurement
Abstract: front page image
(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 that compares the listed/purchase price of catalog items against the contract price or against a ‘normal’ purchase price. A user (e.g. the buyer) may configure and receive specific alerts regarding items that are purchased in deviation of 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.