Patents Assigned to Balance Innovations, LLC
-
Publication number: 20130268379Abstract: Methods and apparatuses streamline transactions involving both a service provider application and a point of sale to control fraud and improve the reconciliation process. Transactions generated at a service provider application are communicated to the point of sale and are finalized at the point of sale to avoid dual entry, minimizing errors. Alerts are generated when outstanding service provider generated transactions are not finalized within a defined period of time.Type: ApplicationFiled: April 9, 2013Publication date: October 10, 2013Applicant: Balance Innovations, LLCInventors: Gilbert H. ANDERSON, Todd F. SHUTTS, Kristina M. VAN ALLEN
-
Patent number: 7747482Abstract: A revenue balancing method and computer program that more quickly, accurately, and easily reconciles or balances revenue contained in cash drawers at the end of cashiers' shifts or breaks while at the same time building or constructing new cash drawers for new shifts. The method permits cash drawers to be constructed and/or replenished with coins from a perpetual inventory of loose coins rather than requiring the use of rolls of coins.Type: GrantFiled: May 13, 2005Date of Patent: June 29, 2010Assignee: Balance Innovations, LLCInventor: Odie Kenneth Carter
-
Patent number: 7559418Abstract: A method of exchanging coins that maximizes benefits to a host/operator of an implementing machine (10) and minimizes or eliminates any transaction charges to users of the machine (10) by providing users an establishment-specific or otherwise dedicated cash-substitute or other non-cash option in return for the coins. Possible exchange options include dispensing a disposable first type of cash-substitute device (40a,40b); storing a credit on a re-usable second type of cash-substitute device (44); making a charitable donation; and crediting an account. Because the establishment own or rents and operates the machine (10), exchanged coins can be used to replenish cash drawers or to replenish its coin dispensers or dispensing machines used, for example, at or by checkstands or self-checkout stands or self-service checkout systems, and because the exchange options are primarily establishment-specific, sales increase.Type: GrantFiled: March 26, 2003Date of Patent: July 14, 2009Assignee: Balance Innovations, LLCInventor: Kenneth Carter
-
Patent number: 7273167Abstract: A revenue balancing method and computer program that more quickly, accurately, and easily reconciles or balances revenue contained in a first cash drawer while at the same time building or filling a second cash drawer.Type: GrantFiled: February 11, 2005Date of Patent: September 25, 2007Assignee: Balance Innovations, LLCInventor: Douglas A. Dodson
-
Patent number: 7163454Abstract: A system (10) and method for managing coin dispensation and reconciliation. The system (10) broadly comprises a controller logic, preferably in the form of a computer program stored on and executed by a computing device (14); a coin dispensing mechanism (16); and security package (22). The system (10) may be a configured for constructing cash drawers or coin canisters. In either case, the controller logic may receive input relating to past coin usage, analyzes the input to predict future coin usage, and transmits a control signal to the dispensing mechanism (16) to control dispensation of the coins based at least on part on the predicted future coin usage.Type: GrantFiled: April 5, 2004Date of Patent: January 16, 2007Assignee: Balance Innovations, LLCInventor: Kenneth Carter
-
Patent number: 7073707Abstract: A revenue balancing method and computer program that more quickly, accurately, and easily reconciles or balances revenue contained in cash drawers at the end of cashiers' shifts or breaks while at the same time building or constructing new cash drawers for new shifts. The method permits cash drawers to be constructed and/or replenished with coins from a perpetual inventory of loose coins rather than requiring the use of rolls of coins.Type: GrantFiled: May 13, 2005Date of Patent: July 11, 2006Assignee: Balance Innovations, LLCInventor: Odie Kenneth Carter
-
Publication number: 20060060363Abstract: Abstract of the Disclosure An automated management system for monitoring and controlling distribution and storage of money tills, and linking tracking of employee productivity to time in receipt of a till. The system comprises a cabinet, a control panel, and a personal computer. The cabinet is mounted through a wall to provide an interface having a front side accessible from a first area and a rear side accessible from a second area, such as a cash room. The interior cabinet space is divided into till compartments that are selectively accessible from both the front and rear of the cabinet. Tills are loaded and removed from the rear by cash room personnel and from the front by cashiers. The system is operable to anticipate, based upon work schedules, needed till types or amounts; compile and maintain useful associated records, including employee productivity; and link to other systems to further improve efficiency.Type: ApplicationFiled: March 31, 2005Publication date: March 23, 2006Applicant: Balance Innovations, LLCInventor: Odie Carter
-
Patent number: 6934688Abstract: An automated management system for monitoring and controlling distribution and storage of money tills, and linking tracking of employee productivity to time in receipt of a till. The system comprises a cabinet, a control panel, and a personal computer. The cabinet is mounted through a wall to provide an interface having a front side accessible from a first area and a rear side accessible from a second area, such as a cash room. The interior cabinet space is divided into till compartments that are accessible from both the front and rear of the cabinet. Tills are loaded and removed from the rear by cash room personnel and from the front by cashiers. The system is operable to anticipate, based upon work schedules, needed till types or amounts; compile and maintain useful associated records, including employee productivity and link to other systems to further improve efficiency.Type: GrantFiled: December 6, 2000Date of Patent: August 23, 2005Assignee: Balance Innovations, LLCInventor: Odie Kenneth Carter
-
Patent number: 6896177Abstract: A revenue balancing method and computer program that more quickly, accurately, and easily reconciles or balances revenue contained in cash drawers at the end of cashiers' shifts or breaks while at the same time building or constructing new cash drawers for new shifts. The method permits cash drawers to be constructed and/or replenished with coins from a perpetual inventory of loose coins rather than requiring the use of rolls of coins.Type: GrantFiled: April 11, 2001Date of Patent: May 24, 2005Assignee: Balance Innovations, LLCInventor: Odie Kenneth Carter