AUTO-POPULATION OF DISCOUNT INFORMATION INTO AN E-INVOICE
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United States of America Patent
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Aug 18, 2016
filing date -
Aug 18, 2016
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Abstract
Systems and processes for transformation of contractual free text discount information into discount amount, wherein external contract templates are uploaded into a contract management system. Discount related free text clauses are extracted from uploaded contracts by clicking on discount related clauses. Storing means store the extracted clauses tagged to the contract identify by mapping of the field, followed by generation of an e-invoice by pulling the information from contract management into relevant discount information on a supplier portal for creating the invoice. An e-invoice template is filled up with contract identity, followed by mapping of the extracted discount related clauses tagged to that contract, which is stored in the contract management storing system. The system analyzer calculates the discount amount, and transfers same to the requisite field of the invoice template of the e-invoice system. Final calculation of invoice amount is done by the e-invoice system to generate invoice amount.
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