Patent ID: 7853498
Filing Date: 2010-12-14
Classification: G06Q

Abstract:
1. A method performed on at least one computerized system for on-demand creation and distribution of a dynamically modifiable contract, the method comprising: loading, using the at least one computerized system, a business opportunity for a business entity into an opportunity database, wherein the business opportunity includes a business lead and a contact associated with the business entity, wherein the loading of the at least one business opportunity is performed by the contact during a meeting with a customer; selectively extracting in response to the loading, using the at least one computerized system, the business opportunity from the opportunity database in real time, the selectively extracting being based on a set of configurable rules including at least one of: extracting all business opportunities above a threshold dollar value, extracting all business opportunities associated with the customer, or extracting all business opportunities including the contact associated with the business entity; obtaining in response to the loading, using the at least one computerized system, a credit score for the customer associated with the extracted business opportunity; generating, using the at least one computerized system, a dynamically modifiable contract for the extracted business opportunity, wherein the dynamically modifiable contract is certified by a finance company, the dynamically modifiable contract including modifications to the dynamically modifiable contract that are acceptable to the business entity, the modifications acceptable to the business entity being based upon the credit score for the customer associated with the extracted business opportunity; distributing, using the at least one computerized system, the dynamically modifiable contract to the contact associated with the business entity and the extracted business opportunity; presenting, using the contact, the dynamically modifiable contract to the customer associated with the extracted business opportunity while withholding information about the acceptable modifications from the customer; and modifying by the contact, using the at least one computerized system, the dynamically modifiable contract in accordance with at least one of the acceptable modifications and a request from the customer to modify the dynamically modifiable contract, if necessary, to provide a contract that is acceptable to the business entity and the customer.