Invention Grant
- Patent Title: System and method for contract execution against expressive contracts
- Patent Title (中): 合同执行与表达合同的制度和方法
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Application No.: US12605575Application Date: 2009-10-26
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Publication No.: US08732047B2Publication Date: 2014-05-20
- Inventor: Tuomas Sandholm , David C. Parkes , Craig E. Boutilier , Subhash Suri , Jason J. Brown , Luc H. Mercier
- Applicant: Tuomas Sandholm , David C. Parkes , Craig E. Boutilier , Subhash Suri , Jason J. Brown , Luc H. Mercier
- Applicant Address: US NC Cary
- Assignee: SciQuest, Inc.
- Current Assignee: SciQuest, Inc.
- Current Assignee Address: US NC Cary
- Agency: The Webb Law Firm
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
In a computer-implemented method of contract execution, data about contracts is stored in a computer storage accessible to a processor of a computer along with data about a procurement plan and data about a purchase request that includes information about a first quantity of at least one good or service. The processor determines a second quantity of the one good or service and a second contract against which to complete the purchase request based on the procurement plan, the data about the contracts, at least one purchase made against one of the contracts, a trigger condition and associated effect, and the quantity of at least one good or service. In response to the second contract and the second quantity being approved, the processor causes a purchase order for the second quantity of the one good or service to be placed to the supplier associated with the second contract.
Public/Granted literature
- US20100106653A1 System and Method for Contract Execution Against Expressive Contracts Public/Granted day:2010-04-29
Information query