Transaction Data Standardization for Export Compliance Screening
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Solution Overview
Problem
Current methods for capturing and organizing transaction-related messages from clients are tedious and inefficient, especially when forwarding information to third parties for screening, as they often come in various formats and locations, making it difficult for sales teams to process and manage requests for quote effectively.
Innovation Solution
A system and method that harvests transaction data from client devices, standardizes it into a universal format, and routes it to appropriate teams or individuals, integrating with ERP systems to facilitate screening for export compliance, inventory management, and alert functions, using a broker application to connect client devices with third-party functionalities.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of information
If transaction messages are collected and organized manually, then transaction information can be forwarded to third parties, but the process becomes tedious and time-consuming
Solution Approach 1:
The patent replaces manual mechanical processes of collecting, organizing, and forwarding transaction messages with an automated computer-based system. The system automatically harvests data from multiple marketplaces, standardizes it into a universal format, and routes it to appropriate third parties, eliminating the need for manual intervention while maintaining complete transaction information.
Solution Approach 2:
The system enables self-service by automatically performing data collection, formatting, and routing functions without requiring manual effort. The automated platform harvests transaction data from various sources, processes it through standardization protocols, and distributes it to relevant parties, allowing the transaction management system to serve itself rather than relying on human operators.
2Adaptability or versatility
If messages from multiple locations and formats are collected manually, then all transaction information can be gathered, but the work becomes difficult and inefficient
Solution Approach 1:
The patent implements a universal data format that can accommodate messages from multiple locations and formats. The system harvests transaction data from various marketplaces and sources, converts them into a standardized universal format, and processes them through a single platform. This multi-functional approach maintains adaptability to handle diverse message formats while significantly improving processing efficiency through automation.
Solution Approach 2:
The system changes the parameters of transaction data by converting messages from various formats into a standardized universal format. This parameter transformation allows the system to process diverse input types efficiently while maintaining the essential transaction information, thereby improving productivity without sacrificing adaptability.
3Ease of operation
If transaction information is extracted to spreadsheets for third party screening, then data can be organized, but the work by the third party becomes difficult
Solution Approach 1:
The patent replaces the mechanical process of manually extracting and organizing transaction data into spreadsheets with an automated digital system. The platform automatically harvests, standardizes, and routes transaction information in a format optimized for third-party screening, eliminating the need for spreadsheet manipulation and significantly improving ease of operation while reducing organizational complexity.
4Reliability
If multiple requests for quote are processed separately, then each request can be handled individually, but sales team efficiency decreases
Solution Approach 1:
The patent merges multiple individual request processing operations into a unified automated system. The platform consolidates data collection, formatting, and routing functions into a single integrated process that handles multiple requests simultaneously. This combining approach maintains the accuracy of individual request processing while dramatically improving overall sales team efficiency through parallel processing and automation.
Data Source
AI summary
The present disclosure relates to methods, devices, and systems for capturing content from a client's transaction related messages on a client's device by a third party. A transaction data processing system, includes a computing device configured to: harvest data from one or more original messages from an account of a seller within seller's email, wherein the original message has a number of elements arranged in a first order, assemble a modified message for each original message wherein the modified message is a customized, uniform format and where all modified messages each have the same elements in the same orientation, but where the orientation of the elements is different than that of the original message, and route the modified messages to one of more team or individual accounts on the client portal access on the client computing devices at a client network.