Patent ID: 8340985

Claim:
A sales tracking system for managing the status of a sales cycle of intangible property, the system comprising: at least one processor; at least one input device; at least one display device; and at least one memory device which stores a plurality of instructions, which, when executed by the at least one processor, cause the at least one processor to operate with the at least one input device and the at least one display device to: (a) store a plurality of states of the sales cycle, the states including at least a contact state, an agree to purchase state, an application complete state, a medical information received state, and a client state; (b) enable a user to input data about a potential customer; (c) if the user inputs data about the potential customer, store an indication that the potential customer is associated with the contact state; (d) if the potential customer agrees to purchase the intangible property, store an indication that the potential customer is associated with the agree to purchase state; (e) if the potential customer provides a completed application, store an indication that the potential customer is associated with the application complete state; (f) receive data indicative of medical information collected about the potential customer; (g) if the data indicative of the medical information collected about the potential customer is received, store an indication that the potential customer is associated with the medical information received state; and (h) determine whether the potential customer has been associated with each of the contact state, the agree to purchase state, the application complete state, and the medical information received state, wherein: (i) upon determining that the potential customer has been associated with each of the contact state, the agree to purchase state, the application complete state, and the medical information received state, automatically store an indication that the potential customer is in the client state and display an indication to provide the potential customer with the intangible property, and (ii) upon determining that the potential customer has not been associated with each of the contact state, the agree to purchase state, the application complete state, and the medical information received state, repeat (a) to (h).