Inventors:
Gregory M. Bednar - Matthews NC
Thomas E. Carr - Charlotte NC
James W. Donahue - Charlotte NC
Robert F. Hendrix - Charlotte NC
Richard J. Kuklentz - Charlotte NC
William A. Uhrich - Charlotte NC
Assignee:
International Business Machines Corporation - Armonk NY
International Classification:
G06F 1760
Abstract:
A system and method for electronically creating, presenting, paying and reconciling bills includes an electronic bill presenter in electronic communication with bill originators, bill payers and respective banks. The electronic bill presenter receives bill data from bill originators, creates bills in a graphical format for electronic presentation to bill payers, and transmits bill payment instructions received from bill payers to bill payers' banks for transfer of payments to bill originators' banks. The electronic bill presenter also sends a confirmatory reconciliation message to the bill originator for payment instructions received from bill payers.