Patents Assigned to LIDOLO PTY LTD
  • Publication number: 20120209664
    Abstract: Systems and methods for processing transactional data. One embodiment provides a method including receiving data indicative of one or more past or current business transactions prior to finalization of one or more current or future transactions. The data is processed to derive individual or accumulative transactional assessment indicative of the profitability of the transaction(s). The method compares the transaction(s) assessment with a predefined benchmark to selectively raise an alert. This allows modification of the current business transaction(s) either prior or subsequent to the finalization of the transaction(s), in order to better align with the predefined benchmark. In one embodiment, when a request for a quote or price is made, the transactional data is processed to estimate the profitability of the transaction and is compared with a predetermined target profit for the transaction. Depending on how the comparison with the target data, immediate action may be taken to improve the transaction.
    Type: Application
    Filed: September 30, 2010
    Publication date: August 16, 2012
    Applicants: WESLEY ENTERPRISES PTY LTD, LIDOLO PTY LTD
    Inventors: Keith Cleland, Trevor Watters