IP Library Granted Patent US 8,341,027
Granted Patent B2
US 8,341,027 · App. 12/640,947 · Granted Dec 25, 2012

System and methods of conducting business-to-business operations by registered sellers and buyers using an internet accessible platform

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Quick Facts
Patent No.
US 8,341,027
App. No.
12/640,947
Granted
Dec 25, 2012
Kind
B2
Abstract

An internet accessible computer system to conduct business to business operations among a plurality of buyer companies and a plurality of seller companies. In one embodiment, the system includes at least one seller client system, at least one buyer client system, at least one computer server coupled to a database for storing data, and a network connecting said at least one seller client system and said at least one buyer client system to said at least one computer server. Said at least one computer server is programmed for, among other things, registering each of the plurality of seller companies with the internet accessible computer system, wherein each of the plurality of seller companies sells goods to a corresponding one of the plurality of buyer companies, and the corresponding one buyer company makes payment for the goods sold by that seller company, and registering each of the plurality of buyer companies with the internet accessible computer system, wherein the registration of each of the plurality of buyer companies depends on the registration of its corresponding seller company.

Claims (96)

1. An internet accessible computer system to conduct business to business operations among a plurality of buyer companies and a plurality of seller companies, comprising:

(i) at least one seller client system with necessary hardware and software;

(ii) at least one buyer client system with necessary hardware and software;

(iii) at least one computer server with necessary hardware and software and coupled to a database for storing data; and

(iv) a network connecting said at least one seller client system and said at least one buyer client system to said at least one computer server, wherein said at least one computer server is programmed for:

registering each of the plurality of seller companies with the internet accessible computer system, wherein each of the plurality of seller companies sells goods to a corresponding one of the plurality of buyer companies, and the corresponding one buyer company makes payment for the goods sold by that seller company; and

registering each of the plurality of buyer companies with the internet accessible computer system, wherein based on the registration request by a buyer company the computer system checks whether there is a corresponding seller company that exists for the buyer company, if there is no corresponding seller company that exists for the buyer company, a notification of failing to register is generated and sent to the buyer company by the computer system, and if there is a corresponding seller company that exists for the buyer company, the computer system proceeds with registration of the buyer company,

wherein registered buyer companies and registered seller company conduct business to business operations accordingly after the registrations;

wherein said at least one computer server is further programmed for registering each of the plurality of seller companies with the internet accessible computer system in the steps of:

(a) providing a registration form to one of the plurality of seller companies for collecting certain information;

(b) receiving the filled registration form from said seller company, wherein said seller company identifies a corresponding buyer company to which said seller company sells goods and receives payments for the goods sold;

(c) auditing said seller company based on the collected information against a set of first predetermined conditions;

(d) authenticating said seller company if said seller company passes the auditing step;

(e) creating a unique identifier (UID) and a user account; and

(f) notifying said seller company by email.

2. The system of claim 1 , wherein said at least one computer server is further programmed for registering each of the plurality of seller companies with the internet accessible computer system in the steps of:

(d1) notifying said seller company if said seller company fails to pass the auditing step;

(d2) providing said seller company a notification listing why said seller company fails to pass the auditing step; and

(d3) instructing said seller company to resubmit the registration with updated information.

3. The system of claim 1 , wherein said at least one computer server is further programmed for registering each of the plurality of buyer companies with the internet accessible computer system in the steps of:

(a) providing a registration form to one of the plurality of buyer companies for collecting certain information;

(b) receiving the filled registration form said buyer company, wherein said buyer company identifies said corresponding seller company to which said buyer company receives goods and makes payments for the goods received;

(c) checking whether said corresponding seller company has successfully registered with the internet accessible computer system and identified said buyer company in said corresponding seller company's registration form;

(d) if the step of checking is positive, then auditing said buyer company based on the collected information against a set of second predetermined conditions;

(e) authenticating said buyer company if said buyer company passes the auditing step;

(f) creating a unique identifier (UID) and a user account;

(g) notifying said buyer company by email; and

(h) notifying said seller company by email that said buyer company has successfully registered with the internet accessible computer system.

4. The system of claim 3 , wherein said at least one computer server is further programmed for registering each of the plurality of buyer companies with the internet accessible computer system in the steps of:

(d1) notifying said buyer company if the step of checking is negative; and

(d2) instructing said buyer company to resubmit the registration with updated information.

5. The system of claim 3 , wherein said at least one computer server is further programmed for registering each of the plurality of buyer companies with the internet accessible computer system in the steps of:

(e1) notifying said buyer company if said buyer company fails to pass the auditing step;

(e2) providing said buyer company a notification listing why said buyer company fails to pass the auditing step; and

(e3) instructing said buyer company to resubmit the registration with updated information.

6. A non-transitory computer-readable medium storing instructions which, when executed by a processor, cause an internet accessible computer system to perform a method for conducting business to business operations among a plurality of buyer companies and a plurality of seller companies, the method comprising:

registering each of the plurality of seller companies with the internet accessible computer system, wherein each of the plurality of seller companies sells goods to a corresponding one of the plurality of buyer companies, and the corresponding one buyer company makes payment for the goods sold by that seller company; and

registering each of the plurality of buyer companies with the internet accessible computer system, wherein based on the registration request by a buyer company the computer system checks whether there is a corresponding seller company that exists for the buyer company, if there is no corresponding seller company that exists for the buyer company, a notification of failing to register is generated and sent to the buyer company by the computer system, and if there is a corresponding seller company that exists for the buyer company, the computer system proceeds with registration of the buyer company,

wherein registered buyer companies and registered seller company conduct business to business operations accordingly after the registrations;

wherein the step of registering each of the plurality of seller companies with the internet accessible computer system comprises:

(a) providing a registration form to one of the plurality of seller companies for collecting certain information;

(b) receiving the filled registration form from said seller company, wherein said seller company identifies a corresponding buyer company to which said seller company sells goods and receives payments for the goods sold;

(c) auditing said seller company based on the collected information against a set of first predetermined conditions;

(d) authenticating said seller company if said seller company passes the auditing step;

(e) creating a unique identifier (UID) and a user account; and

(f) notifying said seller company by email.

7. The non-transitory computer-readable medium of claim 6 , wherein the method further comprises the steps of:

(d1) notifying said seller company if said seller company fails to pass the auditing step;

(d2) providing said seller company a notification listing why said seller company fails to pass the auditing step; and

(d3) instructing said seller company to resubmit the registration with updated information.

8. The non-transitory computer-readable medium of claim 7 , wherein the method further comprises the steps of:

(a) providing a registration form to one of the plurality of buyer companies for collecting certain information;

(b) receiving the filled registration form said buyer company, wherein said buyer company identifies said corresponding seller company to which said buyer company receives goods and makes payments for the goods received;

(c) checking whether said corresponding seller company has successfully registered with the internet accessible computer system and identified said buyer company in said corresponding seller company's registration form;

(d) if the step of checking is positive, then auditing said buyer company based on the collected information against a set of second predetermined conditions;

(e) authenticating said buyer company if said buyer company passes the auditing step;

(f) creating a unique identifier (UID) and a user account;

(g) notifying said buyer company by email; and

(h) notifying said seller company by email that said buyer company has successfully registered with the internet accessible computer system.

9. The non-transitory computer-readable medium of claim 8 , wherein the method further comprises the steps of:

(d1) notifying said buyer company if the step of checking is negative; and

(d2) instructing said buyer company to resubmit the registration with updated information.

10. The non-transitory computer-readable medium of claim 9 , wherein the method further comprises the steps of:

(e1) notifying said buyer company if said buyer company fails to pass the auditing step;

(e2) providing said buyer company a notification listing why said buyer company fails to pass the auditing step; and

(e3) instructing said buyer company to resubmit the registration with updated information.

11. A method for registering a plurality of buyer companies and a plurality of seller companies to an internet accessible computer system for conducting business to business operations, the method comprising:

registering each of the plurality of seller companies with the internet accessible computer system, wherein each of the plurality of seller companies sells goods to a corresponding one of the plurality of buyer companies, and the corresponding one buyer company makes payment for the goods sold by that seller company; and

registering each of the plurality of buyer companies with the internet accessible computer system, wherein based on the registration request by a buyer company the computer system checks whether there is a corresponding seller company that exists for the buyer company, if there is no corresponding seller company that exists for the buyer company, a notification of failing to register is generated and sent to the buyer company by the computer system, and if there is a corresponding seller company that exists for the buyer company, the computer system proceeds with registration of the buyer company;

wherein the step of registering each of the plurality of seller companies with the internet accessible computer system comprises:

(a) providing a registration form to one of the plurality of seller companies for collecting certain information;

(b) receiving the filled registration form from said seller company, wherein said seller company identifies a corresponding buyer company to which said seller company sells goods and receives payments for the goods sold;

(c) auditing said seller company based on the collected information against a set of first predetermined conditions;

(d) authenticating said seller company if said seller company passes the auditing step;

(e) creating a unique identifier (UID) and a user account; and

(f) notifying said seller company by email.

12. The method of claim 11 , further comprising the steps of:

(d1) notifying said seller company if said seller company fails to pass the auditing step;

(d2) providing said seller company a notification listing why said seller company fails to pass the auditing step; and

(d3) instructing said seller company to resubmit the registration with updated information.

13. The method of claim 12 , further comprising the steps of:

(a) providing a registration form to one of the plurality of buyer companies for collecting certain information;

(b) receiving the filled registration form said buyer company, wherein said buyer company identifies said corresponding seller company to which said buyer company receives goods and makes payments for the goods received;

(c) checking whether said corresponding seller company has successfully registered with the internet accessible computer system and identified said buyer company in said corresponding seller company's registration form;

(d) if the step of checking is positive, then auditing said buyer company based on the collected information against a set of second predetermined conditions;

(e) authenticating said buyer company if said buyer company passes the auditing step;

(f) creating a unique identifier (UID) and a user account;

(g) notifying said buyer company by email; and

(h) notifying said seller company by email that said buyer company has successfully registered with the internet accessible computer system.

14. The method of claim 13 , wherein the method further comprises the steps of:

(d1) notifying said buyer company if the step of checking is negative; and

(d2) instructing said buyer company to resubmit the registration with updated information.

15. The method of claim 13 , further comprising the steps of:

(e1) notifying said buyer company if said buyer company fails to pass the auditing step;

(e2) providing said buyer company a notification listing why said buyer company fails to pass the auditing step; and

(e3) instructing said buyer company to resubmit the registration with updated information.

Assignments (2)
LICENSE Recorded Mar 24, 2022
From: YEUNG, BENJAMIN
To: TAUCOIN ASSET MANAGEMENT LLC
Reel/Frame 059385/0566 →
LICENSE Recorded Mar 24, 2022
From: YEUNG, BENJAMIN
To: GOLDEN ALLY LIFETECH GROUP INC
Reel/Frame 059385/0626 →
Continuity (2)
Continuation 12478323 · Jun 4, 2009
Related Publication 20100312659A1 · Dec 9, 2010