Automated Award Tracking and Payment Authorization System
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Solution Overview
Problem
Inventor recognition programs face difficulties in tracking award triggering events, authorizing payment, and managing actual payments, with existing solutions lacking comprehensive tracking and participation mechanisms for inventors and managers.
Innovation Solution
A system comprising an Award Reminder Program (ARP), an Award Status Program (ASP), and an Award Monitoring Program (AMP) that monitors award tracking databases, sends reminders to managers for payment authorization, and allows inventors to view status and send reminders, ensuring payment authorization and tracking of events and payments.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Measurement precision
If manual tracking of award triggering events and payments is used, then simplicity is maintained, but tracking accuracy and completeness deteriorate
Solution Approach 1:
The system automatically monitors award triggering events, tracks payment status, and sends reminders without requiring manual intervention. The award tracking system self-updates records and communicates with managers and inventors, eliminating the need for manual tracking while maintaining high accuracy.
Solution Approach 2:
The system provides continuous feedback to both managers and inventors through automated notifications. Managers receive reminders when awards need authorization, and inventors receive updates on payment status. This feedback mechanism ensures accurate tracking while keeping users informed of the process state.
2Reliability
If comprehensive tracking of award events and payments is implemented, then tracking completeness is improved, but ease of operation deteriorates
Solution Approach 1:
The system performs comprehensive tracking automatically without requiring users to manually monitor or update records. The award tracking system autonomously monitors events, tracks payments, and generates reports, making the comprehensive tracking process simple and hands-free for users.
Solution Approach 2:
The system acts as an intermediary between award triggering events and payment authorization. It automatically bridges the gap by monitoring events, calculating award amounts, tracking payment status, and sending notifications, thereby simplifying the operational process while maintaining complete tracking.
3Productivity
If automated reminder system is added, then payment authorization speed is improved, but device complexity increases
Solution Approach 1:
The automated reminder system continuously monitors payment status and sends notifications at appropriate intervals without interruption. This continuous action ensures that payment authorization is pursued diligently, improving speed while the automation handles the complexity.
Solution Approach 2:
The system uses feedback loops to monitor payment authorization status and automatically send reminders when actions are needed. This feedback mechanism accelerates the authorization process by keeping all parties informed, while the automated nature of the feedback loop manages the system complexity.
Data Source
AI summary
A method for monitoring payments, payment authorizations, and payable events in an inventor recognition program for a company. The present invention comprises an Award Reminder Program (ARP), an Award Status Program (ASP), and an Award Monitoring Program (AMP). The ARP monitors the award tracking database associated with the present invention and sends the inventor's manager an email requesting authorization of payment when required. If the manager does not authorize payment, the ARP sends the manager a reminder email. If the manager still does not authorize payment, the ARP proceeds up the company's organizational chart until payment is authorized. The ASP monitors the award tracking database and updates the status of each docket in the award tracking database. The AMP allows a user to view the award tracking database, print a payment report, print a payable events report, or send a reminder email to the inventor's manager.