Joseph M Simons

US Patent:

20070124234, May 31, 2007

Filed:

Nov 3, 2005

Appl. No.:

11/266610

Inventors:

Daniel Finley - Danbury CT, US
Louis Guglielmo - Pelham Manor NY, US
William Houston - Essex Junction VT, US
Martina Kim - Hopewell Junction NY, US
Randy Klipstein - Dobbs Ferry NY, US
Joseph Simons - New Fairfield CT, US
Christian Toft-Nielsen - New Canaan CT, US

Assignee:

International Business Machines Corporation - Armonk NY

International Classification:

G06Q 40/00

US Classification:

705038000

Abstract:

The present invention provides a method, system, and computer program product for the on-demand creation and distribution of customized dynamic contracts. At least one business opportunity is extracted from an opportunity database. For each extracted business opportunity, a credit score for a customer associated with the extracted business opportunity is obtained and a dynamically modifiable contract for the extracted business opportunity is generated. The dynamically modifiable contract is distributed to a contact associated with the extracted business opportunity, who presents the dynamically modifiable contract to the customer associated with the extracted business opportunity. The contact can modify the dynamically modifiable contract, if necessary, during negotiations with the customer, to provide a contract that is acceptable to the contact and the customer.