Accounts Payable Networks Automating Delivery to New Channels. Bruno Perreault, Senior VP 10/17/2013

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1 Accounts Payable Networks Automating Delivery to New Channels Bruno Perreault, Senior VP 10/17/2013

2 Accounts Payable Networks - Background Customer Survey Results Billtrust Solutions New Invoice Central Features

3 Emerged in 2000/2001 Large Corporate Buyers drove demand for Accounts Payable automation and efficiencies Sometimes a replacement for EDI initiatives Various data and format requirements have made it difficult for suppliers to meet their customer needs $ $ $

4 Respondents who have received requests from customers to support A/P Networks Respondents who have received requests and are sending invoices manually to A/P Networks 88% 52% Yes No Yes No

5 High use of Web Forms to enter invoice data and send to A/P Networks Some spend 100+ hours per month manually entering invoices through Web Forms Manual process creates additional work at the critical month-end period Case Study An industrial supply client of Billtrust recently performed an internal study of the time spent each month to deliver customer invoices through A/P Networks. The shocking result? Staff was spending 1,018 hours per month to send invoices through nine A/P Networks that were mostrequested by customers.

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7 Business strive to achieve a single process for delivering invoices to customers Lower invoicing costs Higher automation Faster collection Your Business Your Customers

8 However, customers are diverse in the number of ways they want to receive invoices Mail Fax Online Banks / Consolidator A/P Networks Your Business Your Customers A/P Networks are complex and each one requires its own unique process (web forms, maintenance)

9 Billtrust is committed to be a single source for delivering invoices to multiple channels Your Business Your Customers In June 2013, Billtrust began supporting the delivery of invoices to A/P Networks

10 Which A/P Networks are supported today? OB10 OB10 works with businesses in a number of industries, many of which are large multinational corporations.

11 Which A/P Networks are supported today? AvidXchange Many of AvidXchange s customers are in the facilities management market. You may already be delivering invoices to them via paper or .

12 Just Announced in October 2013 Ariba: Market leader serving 94 of the Fortune 100. A subsidiary of SAP, with customers spanning multiple industries. In addition to invoices, Billtrust will also be connecting to the Ariba Network to send Credit memos and receive Remittance data from Ariba Buyers. Live in January 14

13 A/P Network Request Invoice Routing Your Business Through CustomerCare, you can request participation and add customers for A/P Network delivery. Billtrust maps invoice data to A/P Network formats for delivery Alerts from A/P Networks are sent directly to you

14 Why Invoice Central? More than a site to deliver, view and pay bills Invoice Central is a flexible platform constructed as a Network that delivers invoices and remittance data that meets the requirement of customers using various invoice processing and payment tools

15 I want to receive my bills through A/P Networks like Ariba! I want to be able to receive my invoices through Financial Packages like QuickBooks! I want to be able to receive my invoices through Payment Networks like my Bank!

16 WHY USE BILLTRUST TO SERVE CUSTOMERS USING A/P NETWORKS! Billtrust automates the process to eliminate monthend bottlenecks Eliminate risk associated with handling format and data changes OB10, AvidXchange, and Ariba already supported Billtrust already receives your billing file no extra IT work to get started Manual data entry on A/P Network sites and changes to files is eliminated

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19 ACH payments made by customers via Billtrust channels are deposited into your account faster Customers currently utilizing this functionality in Invoice Gateway can extend this feature to Invoice Central at no cost

20 Added option to turn on / turn off allowing bill recipients to pay statements Statements on Invoice Central are now labeled as statements

21 It s time for to get upgraded What makes invoicing popular? - Paper is eliminated - Customers receive their invoice faster - Easy to deploy Where is there room for improvement? - invoicing doesn t lead to epayment - Customers miss-file invoices and may still call for copies 21

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24 Contact us to start leveraging Billtrust to deliver via A/P Networks! - OB10, AvidXchange available now - Ariba coming in January - More Networks will be added in 2014 $ $ $ Contact Bruno Perreault bperreault@billtrust.com Tom Scott tscott@billtrust.com

25 BILLTRUST USER When: February 23-25, 2014 Where: Philadelphia, PA B2B & B2C Workshops Environment for Billtrust customers to network and share best practices Provide input on future service enhancements Customer Appreciation Event $495 Registration Fee Early bird discount of $100 available until November 22, 2013! LEARN MORE & REGISTER HERE!