Unified Multi-Account Information Management System

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Solution Overview

Problem

Businesses face challenges in coordinating and managing their obligations and agreements across different systems, leading to a lack of visibility, increased risk of errors, and inconsistencies, due to separate contract management, accounting, and inventory management systems.

Innovation Solution

A unified information management system that tracks associations and conditions between parties through a single source of truth, using a double-entry ledger to ensure data accuracy and visibility, allowing for real-time updates and integration with other business systems.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of manufacture

If separate contract management, accounting, and inventory management systems are used, then each system can be optimized independently, but coordination and visibility across systems deteriorate

Engineering Contradiction:
ImproveIndependent system optimizationVSAvoidVisibility across systems
Core Design Contradiction:
Ease of manufactureVSLoss of information

Solution Approach 1:

The patent merges contract management, accounting, and inventory management systems into a unified system where all functions operate within a single platform. This integration eliminates information silos and ensures real-time visibility across all business operations while maintaining the ability to optimize each function independently through modular design.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The unified system provides multi-functionality by incorporating contract management, accounting, and inventory management capabilities within a single platform. This universal system allows parties to perform multiple business functions without switching between separate systems, improving coordination and visibility.

Inventive Principle:
Principle #6Universality (Multi-functionality)

2Adaptability or versatility

If separate management systems are used, then system independence is maintained, but data accuracy and consistency worsen

Engineering Contradiction:
ImproveSystem independenceVSAvoidData accuracy
Core Design Contradiction:
Adaptability or versatilityVSReliability

Solution Approach 1:

By combining multiple management functions into a unified system, the patent ensures that data is entered once and shared across all functions, eliminating data duplication and inconsistency. The system maintains reliability through a single source of truth while preserving adaptability through configurable modules for different business needs.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The unified system implements feedback mechanisms where changes in one function automatically update related functions. For example, when a contract is updated, the accounting and inventory management components receive real-time notifications and adjust accordingly, ensuring data accuracy and consistency across the entire system.

Inventive Principle:
Principle #23Feedback

3Ease of manufacture

If multiple separate systems are used, then functional specialization is achieved, but overhead and complexity increase

Engineering Contradiction:
ImproveFunctional specializationVSAvoidSystem complexity
Core Design Contradiction:
Ease of manufactureVSDevice complexity

Solution Approach 1:

The patent reduces system complexity by merging multiple specialized systems into one unified platform. While maintaining functional specialization through modular components, the system eliminates the need for separate infrastructure, integration layers, and maintenance processes that would otherwise increase overall complexity and overhead.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The unified system achieves multi-functionality by incorporating contract management, accounting, and inventory management within a single platform. This approach reduces overhead by eliminating redundant system components while maintaining the functional specialization needed for each business area through configurable modules.

Inventive Principle:
Principle #6Universality (Multi-functionality)

4Ease of manufacture

If separate systems are used, then each system can be optimized individually, but coordination and error risk worsen

Engineering Contradiction:
ImproveIndividual system optimizationVSAvoidError risk
Core Design Contradiction:
Ease of manufactureVSReliability

Solution Approach 1:

The unified system combines multiple management functions into a single platform, eliminating coordination errors that arise from interfacing between separate systems. The system maintains individual optimization capabilities through modular design while reducing error risk through centralized data management and automated workflows.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The system implements real-time feedback mechanisms that automatically detect and prevent errors across different functions. When changes are made in one module, the system validates consistency with related modules and provides immediate feedback, reducing the risk of coordination errors while allowing individual system optimization.

Inventive Principle:
Principle #23Feedback

Data Source

PatentUS20240414141A1Unified multi-account based information management
Publication Date: 2024.12.12 STRIPE LLC
  • US20240414141A1 patent drawing
  • US20240414141A1 patent drawing
  • US20240414141A1 patent drawing

AI summary

Aspects of the subject technology include determining an association between a first and second user account that comprises a first condition corresponding to a first action to be performed in association with the first user account and a second condition corresponding to a second action to be performed in association with the second user account. Aspects also include generating a first entry based on the association, receiving a first indication indicating completion the first and/or second actions, generating a second entry based on the first indication, wherein the second entry corresponds to the first and/or second conditions, determining whether the first and second condition of the first entry are satisfied based in part on entries in the data structure that correspond to the first and/or second conditions, and transmitting a second indication that the first entry is complete, in response to determining that the first and second condition are satisfied.