Patent ID: 8473357
Filing Date: 2013-06-25
Classification: G06Q

Abstract:
1. A non-transitory computer-readable storage medium having instructions stored thereon that, when executed by a processor, cause the processor to function as a procurement system comprising an electronic catalog of a plurality of products for purchase by a buyer from a supplier, the functioning comprising: providing a customizable procurement entity from the buyer to the supplier, wherein at least one purchasing agreement is established between the buyer and the supplier that allows the buyer to purchase the products from the supplier using the electronic catalog, and wherein the providing comprises an initial approval from the buyer for the supplier to edit the procurement entity that corresponds to a product being purchased from the plurality of products; receiving, by the buyer, a modified procurement entity from the supplier, wherein the modified procurement entity comprises an update made by the supplier to the customizable procurement entity, wherein the update is proactively updated by the supplier based on the initial approval; reviewing and approving, by the buyer, the modified procurement entity, wherein the modified procurement entity is received by the buyer when a change occurs within the procurement system; and publishing the modified procurement entity to the procurement system; wherein the procurement entity comprises an information template that provides information to the supplier from the buyer based on the product being purchased by the buyer, and a supplier content map set that contains definitions to translate external values into internal values recognized by the procurement entity.