Abstract: Systems and methods for automating an invoice approval process are described herein. Rules are created which are evaluated against a set of attributes. A rules engine is automatically invoked upon receipt of a document in an electronic invoice presentment and payment system. The rules engine determines which rules are applicable to documents received and processed in the system, and applies those applicable rules in a pre-defined sequence.

Abstract: Systems and methods for automating an invoice approval process are described herein. Rules are created which are evaluated against a set of attributes. A rules engine is automatically invoked upon receipt of a document in an electronic invoice presentment and payment system. The rules engine determines which rules are applicable to documents received and processed in the system, and applies those applicable rules in a pre-defined sequence.

Abstract: A system, method, and data structure for managing hedging relationships among stored transaction data. In an embodiment, the system opens a position associated with a valuation area, identifies a quantity of position assets to be hedged, and splits the position into a pair of subpositions, wherein the first subposition stores the quantity of position assets to be hedged and the second subposition stores a remaining quantity of position assets. In an embodiment, the system stores the subpositions, wherein it applies a first set of accounting rules to the first subposition and a second set of accounting rules to the second subposition.