APPARATUS AND METHOD FOR FACILITATING TRANSACTIONS BETWEEN A NETWORK OF BUSINESSES
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United States of America Patent
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app pub date -
Jun 15, 2015
filing date -
Jun 13, 2014
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Abandoned
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Abstract
A method for facilitating transactions between a network of businesses includes determining, for a given time period, a first invoice directed from a first business to a second business, and a second invoice directed from the second business to the first business. The method further includes aggregating the first and second invoices to determine a net payment needed to pay both the first invoice and the second invoice. The net payment is transferred between the first business and the second business. The method further includes updating an accounting platform for each of the first business and the second business to indicate that the first invoice and the second invoice have been paid.
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