US Patent:
20080140492, Jun 12, 2008
Inventors:
Armand Rousso - New York NJ, US
Guy C. Praisler - Edgewater NJ, US
Kevin Dorry - Sparta NJ, US
David Walker - Norwood NJ, US
Joseph A. Sorisi - Old Brookville NY, US
Ronald J. Wilkins - Brooklyn NY, US
International Classification:
G06Q 10/00
Abstract:
The disclosure details the implementation of apparatuses, methods, and systems for market generation and matches of importation and exportation transactions; i.e., a cross-border Facilitator (hereinafter “Facilitator”). Through its various components, the cross-border Facilitator creates new markets by generating and facilitating three stages of a cross-border trade transaction: identification, selection and execution. In one embodiment, the Facilitator manages the transaction by: creating a transaction “template” based on transaction information (i.e., HS product code, ISO country code, etc), alerting the buyer to potential problem areas, and updating of important upcoming dates and actions. The Facilitator creates all the required documents, integrates all events, including the service providers, and allows both parties to track the status of the transaction on-line at any time. In one embodiment, the Facilitator provides the user with a template to ensure all pertinent information is detailed, so that roles and responsibilities of the trading partners are clearly defined and transparent prior to engagement. The Facilitator has many numerous and revolutionary components to facilitate cross-border transactions, such as, but not limited to: a classification taxonomy, multi-lingual facilities, a search-enhancing thesaurus, an acquisition matrix core, a logistical fulfillment matrix, payment matrix, an elegant User Interface (UI), and/or the like.
