METHOD, APPARATUS, AND COMPUTER PROGRAM PRODUCT FOR CONTRACT COMPLIANCE MONITORING AND ENFORCEMENT

METHOD, APPARATUS, AND COMPUTER PROGRAM PRODUCT FOR CONTRACT COMPLIANCE MONITORING AND ENFORCEMENT

Some examples provide systems, methods, apparatus, and computer program products for monitoring and/or enforcing compliance with contract provisions. A market platform may operate to inform buyers and suppliers, to allow buyers and suppliers to select products and contracting parameters to meet thei...

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Bibliographische Detailangaben
Hauptverfasser: DENTON JOEL WALTER, KIRCHENBAUER TROY WAYNE, SINGH HARPREET, DUBOWEC ANDREW WILLIAM, FLEMING SHAWN MICHAEL, RICHER PATRICK ROBERT, MALLINCKRODT, II JOHN WALTER, WILLEY SCOTT MICHAEL, LEWIS RUSSELL FRANCIS
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:Some examples provide systems, methods, apparatus, and computer program products for monitoring and/or enforcing compliance with contract provisions. A market platform may operate to inform buyers and suppliers, to allow buyers and suppliers to select products and contracting parameters to meet their needs, to allow buyers and suppliers to commit to supply agreements, and to enforce those supply agreements. These examples may provide such an integrated system by receiving buyer spend data, receiving contract offers from one or more suppliers based on the spend data, allowing the buyer to select one or more of the contract offers, and monitoring spend data to ensure compliance with the selected contract offer. The system may include dynamic price models, altering the price of the purchased products based on compliance with the selected contract offer. The system may include provisions for monitoring achievement from buyer spend data, and monitoring and enforcing contract terms based on that achievement.