Patents by Inventor J. Russell Joyner

J. Russell Joyner has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 7685076
    Abstract: The present invention provides an automated invoice vetting, negotiation and payment system that automatically collects goods and labors hour data, sets a reasonable pricing structure for each such good and service, dynamically analyzes the price data to adjust for market changes and provides a automatic negotiation and settlement feature for bill payment. The present invention readily accommodates the above features over electronic networks such as the Internet. The present invention therefore provides a method of payment of invoices of vendors by purchasers, comprising providing a settlement authority with invoice information from a vendor, comparing the invoice charges to a predetermined range of values for the charges, accepting the charges that are within a predetermined sub-range for the charges, adjusting the charges that are greater or less than that the predetermined sub-range for the charges and paying the accepted charges and the adjusted charges.
    Type: Grant
    Filed: January 13, 2005
    Date of Patent: March 23, 2010
    Assignee: First Service Networks, Inc.
    Inventors: Clyde R. Moore, Michael A. Ferreira, Michael A. Russell, J. Russell Joyner