US Patent Issued to Coupa Software on March 24 for "Managing cost data based on community supplier and commodity information" (California Inventors)

ALEXANDRIA, Va., March 24 -- United States Patent no. 12,586,078, issued on March 24, was assigned to Coupa Software Inc. (Foster City, Calif.).

"Managing cost data based on community supplier and commodity information" was invented by Scott Harris (Menlo Park, Calif.), Ahmad Sadeddin (San Francisco) and Vincent Toesca (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "In an embodiment, a computer-implemented method comprises storing, in one or more data repositories, transactional data relating to past transactions involving a plurality of commodities between a plurality of buyer entities and a plurality of supplier entities; calculating metric data of one or more overages from the transactional ...