CPC G06Q 30/04 (2013.01) [G06F 16/258 (2019.01); G06Q 10/0838 (2013.01); G06Q 10/0875 (2013.01); G06Q 10/1095 (2013.01); G06Q 20/108 (2013.01); G06Q 20/401 (2013.01); G06Q 30/0635 (2013.01); G06Q 40/03 (2023.01); G06F 3/04883 (2013.01)] | 14 Claims |
1. A method for real-time invoice updating and account-to-account payment, comprising:
downloading, by a delivery computing device within a payment on delivery (POD) system, a POD software application from a processing server;
installing, by the delivery computing device, the POD software application thereon;
presenting, on an interface of the delivery computing device, to a recipient at a delivery location, an invoice specific to the recipient for delivery of goods;
modifying, by the delivery computing device, using the POD software, the invoice of the recipient in response to the recipient interacting with the interface;
dynamically updating, by the delivery computing device, the invoice for presentation to the recipient;
receiving, by a receiving device of the processing server, from the delivery computing device, the invoice data;
translating, by a processing device of the processing server, the received invoice data from an enterprise resource planning (ERP) format to an ISO 20222 format;
generating, by the processing device of the processing server, a request for payment (RFP) message based on the translated invoice data;
transmitting, by a transmitting device of the processing server, the RFP message to a financial institution associated with the recipient;
receiving, by the receiving device of the processing server, a payment confirmation for the invoice based on a real-time payment from the financial institution;
generating, by the processing device of the processing server, reconciliation data based on the payment confirmation and the invoice data; and
transmitting, by the transmitting device of the processing server, the reconciliation data to at least a computing device of the recipient.
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