Integrated system for calculating savings at several stages of procurement cycle by auto-fetching spend data into savings tracker system

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United States of America Patent

APP PUB NO 20140244449A1
SERIAL NO

13939005

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Abstract

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An integrated system is described for calculating savings at several stages of the procurement cycle by auto-fetching spend data into a savings tracker system. The system comprises: a processor unit; and a computer readable medium storing instructions executable by the processor unit comprising: an integrated spend data input system adapted for auto-fetching of spend data from the respective systems; a savings computing system adapted for computing savings at several stages of the procurement cycle by comparing the auto-fetched baseline spend and spend at each stage of the procurement cycle by general formula: (auto-fetched baseline spend)−(spend at the specific stage of the procurement cycle)=(savings at the respective stage of the procurement cycle); and a display system adapted for displaying the savings at the respective stages of the procurement cycle.

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Patent Owner(s)

Patent OwnerAddress
ZYCUS INFOTECH PVT LTDGJ-07 SEEPZ++ SEEPZ SEZ ANDHERI (EAST) MUMBAI 400096

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
JHA, ASHISH MOHAN MUMBAI, IN 3 3
MOHANTY, BIKASH MUMBAI, IN 21 28
NAIR, PRASAD MUMBAI, IN 13 71

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