Loading patent…
OwnerCharles T. Carroll, Sonali V. Joshi +1inventors
InventorsCharles T. Carroll, Sonali V. Joshi, Pamela A. Andrew
Estimating the term…
Systems and processes are disclosed for validating and processing invoices for labor, service contracts, equipment and/or other resources against data representing actual expenditures and expectations set forth by project management systems and software. An accrual and validation database identifies duplicate invoices, erroneous contractor rates and/or erroneous contractor hours by identifying and reporting variances, accrued costs and other information. A project management database associates approved work with sponsoring budget centers so that general ledger transactions may be generated to allocate approved invoice charges. Among other functions, the database may be configured to (a) retrieve project description and actual costing information from project management systems and convert that information into records setting forth per-project, per-day, per-contractor records, (b) validate that a contractor performed work within authorized periods by cross-checking invoices with project schedules and projections, (c) provide reports and analyses per project management requests and/or (d) generate automated transactions to an electronic payment system.
An accrual and validation system, comprising:
A process for managing invoices, comprising the steps of:
A process for managing invoices, comprising the steps of:
An accrual and validation system, comprising:
An accrual and validation system, comprising an accrual and validation software module configured for cooperation with project management software that processes one or more projects, the accrual and validation software module having (a) input means to input invoice information from at least one invoice relating to one or more of the projects and (b) validation means to validate, or not, at least part of the invoice through electronic processing of the project information and the invoice information.
Dependencies are inferred from the claim text.