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Witness system

a technology of witness system and witness, applied in the field of witness system, can solve the problems of affecting the work of accounting departments, buyers, and affecting the work of sellers

Inactive Publication Date: 2009-03-05
FUJITSU LTD
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

The Witness system facilitates efficient account settlement by ensuring accurate data verification and storage, reducing the need for sellers to confirm each transaction manually, thereby enhancing processing efficiency and reducing the burden on accounting departments.

Problems solved by technology

As a result, accounting processes undertaken between sellers and buyers are equally complex.
The following problems are inherent in a conventional system like that described above.
A seller is thus unable unilaterally to ascertain which delivery vouchers are reflected in the total amount paid to it by the buyer.
This work places a significant burden on the accounting departments and constitutes a material impediment to enhancing the efficiency of account settlement processing.
Specifically, where a single account settlement for a large transaction is undertaken according to the detailed payment statement, a great deal of time and human effort are required to confirm substantive details recorded therein.

Method used

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first alternate embodiment

[0111]The specification next describes the first alternate embodiment of the present invention. If buying company 1 and selling company 2 were to change places, processing efficiency would be impaired if respective detailed payment statements were made in the same manner as that contemplated in the preferred embodiment. This illustrative embodiment performs set-off processing and makes a detailed payment statement (suitable to the aforesaid contingency).

[0112]Accordingly, the system structure disclosed in FIGS. 2 through 4, as well as the illustrative screen progression shown in FIG. 5, are the same as those in the preferred embodiment. The making of confirmation document X based on delivery vouchers from selling company 2 is the same as that undertaken in the preferred embodiment. The confirmation process at selling company 2, as well as the authentication processes performed by the Witness 3 are the same. A plurality of authenticated data are registered in the detail receipts tabl...

second alternate embodiment

[0117]The specification next describes the second alternate embodiment of the present invention.

[0118]The second alternate embodiment is an invention for safely performing account settlement in an account settlement system utilizing the Witness. This illustrative embodiment performs processing in accordance with authentication numbers after authenticating buying company 1 and selling company 2 in advance. Furthermore, the illustrative embodiment encodes data sent and received between buying company 1 and the Witness, or, alternatively, between selling company 2 and the Witness, and ensures the protection of data. This illustrative embodiment is explained below.

[0119]FIG. 24 discloses the specific structure of this system. In this figure, 5 represents the computer of buying company 1, which is the same as that in the preceding illustrative embodiments, and 6 represents the computer of selling company 2. The notarization authority 7 and the Witness server 8 correspond to the aforesaid...

third alternate embodiment

[0176]This portion of the specification describes the third alternate embodiment.

[0177]This illustrative embodiment is directed particularly to account settlement by means of check or draft (note), and can be implemented through systems based on both the above-described preferred and first alternate embodiments. Each contingency, viz., check and draft (note), is explained below.

[0178]FIG. 51 describes, illustratively, account settlement in the case of checks. The administration center 50 shown in said figure comprises a notarization authority 51 and the Witness 52. The administration center adopts the Witness system described above and also undertakes management of bank-issued checks. Bank X represents the transacting bank for payor / buying company 1, and bank Y represents the transacting bank for receiver / selling company 2.

[0179]First, buying company 2 (payor) issues a check. In the illustrative case, buying company 3 (payor), wishing to issue a check in payment for goods, must obta...

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Abstract

A witness system using EDI (electronic data interchange) to perform efficient distribution and account settlement processes between selling and buying companies. A buying company makes documents according to delivery or order vouchers, and electronically sends the documents to a selling company via a notarization authority. The selling company compares the authentication documents with delivery or order vouchers the selling company issued, and, after determining that the documents are correct, executes a confirmation response to the notarization authority. The notarization authority registers the documents in the witness server's receipts detail table and notifies the buying and selling companies that the notarization authority authenticated the documents. This structure enables the making of accurate detailed payment statements when, for example, a detailed payment statement is made or a funds transfer is executed based on confirmed data. Furthermore, checking the detailed payment statement is made simpler through reference to the witness system server.

Description

[0001]This application is a divisional of prior U.S. patent application Ser. No. 09 / 184,587, filed Nov. 3, 1998, which claimed priority to Japanese Patent Application No. 10-121295, filed Apr. 30, 1998, the entire contents of which are incorporated herein by reference.BACKGROUND OF THE INVENTION[0002]1. Field of the Invention[0003]The present invention relates to a Witness system that, using EDI (electronic data exchange), supports account settlement (accounting) and distribution systems among sellers and buyers.[0004]2. Description of the Related Art[0005]Today's distribution systems are manifold and, through complex distribution media, carry out the distribution of large quantities of goods. As a result, accounting processes undertaken between sellers and buyers are equally complex.[0006]The system disclosed in FIG. 1 is representative of conventional account settlement (accounting) systems. First, with each delivery of goods, a buyer examines a delivery voucher sent—or tendered c...

Claims

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Application Information

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Patent Type & Authority Applications(United States)
IPC IPC(8): G06Q10/00G06Q30/00G06Q50/26G06Q10/10G06Q20/00G06Q20/12G06Q30/06G06Q50/00G06Q50/10
CPCG06Q20/12G06Q20/382G06Q40/12G06Q20/40G06Q50/188G06Q20/389
Inventor KOJIMA, HAJIMEKAJI, TOSHIHIKOITO, YASUHARU
Owner FUJITSU LTD