COMPLETE BILLING SERVICES OVERVIEW PRESENTED BY: DAN NIES JULY 17, 2014

Transcription

1 COMPLETE BILLING SERVICES OVERVIEW PRESENTED BY: DAN NIES JULY 17, 2014

2 WHO IS Founded in 2001 But Just because you build it doesn t mean they will come. Gap between B2B vs B2C in Electronic Delivery and Payment Acceptance. Needed Best in Class print solution to address significant paper billing until customers make the switch to electronic. Billtrust created to fill that Gap by offering a Best in Class electronic and billing & Payment solution for the B2B market Initial focus on distributors in Initial ERP Partnership Electrical, Plumb/HVAC & Lumber Intuit Eclipse

3 WHO IS Billtrust Today: , ,000,000 Statements and invoices sent by Billtrust in 2013 Work with any ERP system from Oracle & SAP to Legacy Partnerships include: OpenScan, Ariba, OB10, SunGard, Cortera, Cforia, Akritiv, AvidExchange. Industry Leader with 1,100 Clients (B2B & B2C) outsourcing their paper and electronic billing & payment processes to Billtrust Which represents in transaction value $200 billion $5.5 billion Processed through Billtrust payment channels in 2013

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5 WHAT ARE YOUR GOALS? We want to reduce our DSO and get paid faster We need to better protect ourselves from equipment failure More of our invoices should be sent electronically Our staff can be more productive if they re not the ones sending invoices We need to reduce errors in our invoicing process through automation

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8 PAPER MAIL BRANDED ONLINE PORTAL (EIPP) CONSOLIDATOR SITES FAX AP NETWORKS & COLLECTION SYSTEMS

9 Payments OB10 Ariba AvidXchange

10 VARIABLE LOGOS DUAL BARCODE TECHNOLOGY INTELLIGENT MAIL BARCODE DYNAMIC MESSAGE SIGNATURE CAPTURE

11 SEGMENT MESSAGES TO TARGET CUSTOMERS ADD / EDIT MESSAGES ON THE FLY SAVE TIME AND MONEY! MULTI-CHANNEL DELIVERY TO BOTH PAPER AND ELECTRONIC CUSTOMERS Stop wasting checks and stamps! View and pay all your invoices from Tompkins Industries online! See the top portion of your invoice for details.

12 Vancouver, BC Western Canada Portland, OR Northwest Toronto, ON Eastern Canada Sacramento, CA West Coast Chicago, IL Midwest Hamilton, NJ Northeast East Coast West Coast Dallas, TX Southwest Jacksonville, FL Southeast

13 STREAMLINE DELIVERY batching (v); combining different bills destined for the same billing address on the same day into one envelope to reduce postage and envelope costs Without Batching 2 x $.50 $ 1.00 Invoices Per Envelope Total Charges With Batching 1 x $.50 $ x $.05 $ 0.05 $ 0.55 Invoice Per Envelope First Bill Charge Additional Page Per Page Fee Extra Pages Charge Total Charges

14 STREAMLINE DELIVERY Bullpenning (v); Delay the delivery of low dollar invoices based on customer -defined criteria Without Bullpenning Monday Tuesday Wednesday 3 x $.50 $ 1.50 Invoices Envelope, Postage, Processing Total Charges With Bullpenning Monday Tuesday Wednesday You can control a combination of the following: Days of week Dollar threshold Maximum hold days Accounts to exclude When to release all bills Global or account specific < $250 < $250 1 x $.50 $ x $.05 $ 0.10 $ 0.60 Invoice Envelope, Postage, Processing First Bill Charge Additional Pages Per Page Fee Extra Pages Charge Total Charges

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16 CDW Roofing Supply Group 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% Ossur 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Capital Lighting 60.0% 60.0% 50.0% 50.0% 40.0% 40.0% 30.0% 30.0% 20.0% 20.0% 10.0% 10.0% 0.0% %

17 ELECTRONIC CUSTOMER PREFERENCES

18 WHAT DO YOUR CUSTOMERS EXPECT? Large Segmentation: Customer Size Print/ /Fax EIPP AP Systems EDI Medium Small All Three Segments Want Efficiency. THEY WANT AN EASY WAY TO DO BUSINESS WITH YOU

19 Connect Re: Your Invoice Is Now Available Online Message(HTML) Tue 12/12/2013 8:21 AM Re: Recent Invoice Activity To: Superior Supply.pdf (41kb); Invoices.iif (2kb);

20 Connect

21 Connect ******** ********

22 Connect

23 Connect

24 Connect Bob Smith My Biz Visa 123 Main Street Anytown NY United States

25 Connect My Biz Visa My Biz Visa My Biz Visa

26 FAQ Subscriber Agreement Contact English (North America)

27 12345 $ National Bank John Customer FAQ Subscriber Agreement Contact English (North America)

28 FAQ Subscriber Agreement Contact English (North America)

29 Confirmation A payment receipt has been ed to you Click here to print a receipt. FAQ Subscriber Agreement Contact English (North America)

30 FAQ Subscriber Agreement Contact English (North America)

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54 (1) 06/25/ /25/2013 Report Summary Business Name: Superior Supply Date: Files Processed: 1 Items Processed: 5214 Total Billed: $420, Job Identifier: Job Name: _ SuperiorSup Report Summary Bills sent via US Mail Total Envelopes: 2782 Total Invoices: 3211 Total Pages: 3578 Total Images: 3578 Bills sent via Fax Total Faxes: 242 Total Invoices: 548 Total Pages: 589 Bills sent via Total s: 482 Total Invoices: 1012 Total Pages: 1012 Bills sent via E-Billing

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56 Send invoices to buyers across multiple channels based on preference Timely and accurate delivery with tracking Linking to AP Systems Invoice Delivery SUPPLIER Payment and Remittance Secure, branded portals to support online payment BUYERS Capture payments from all sources: Lockbox, Bank, ACH, Wire Consolidate and apply to ERP Seamlessly handle de-coupled payments

57 The project requires minimal IT resources We ll have you live in days Benefits start day one

58 SUMMARY Total End-to End Billing, Payment and Cash Application Solution 20-35% savings from paper billing Double those savings with more e-billing Faster collections with online billing & payment Sell more to existing customers Low impact on your IT and Credit resources

59 Questions?

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