Parallel processing and intercommunication of multiple negotiation processes in e-commerce for optimal business

Abstract

This paper details how parallel processing of negotiations and intercommunication between these processes can assist the business solution in maximizing the business result. The paper cover two aspect of negotiation process. First, how negotiation process is implemented in autonomy and later how parallel processing can be introduced to these negotiations. It also provides a live example of a simple loan processing system. However, the concept is generically applicable in all aspects of negotiations. © 2014 IEEE.