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© CRISP Technologies www.crisptech.com CRISP Technologies introduces InvoiceCheck ® “Your Automated Invoice Processing Solution”

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Presentation on theme: "© CRISP Technologies www.crisptech.com CRISP Technologies introduces InvoiceCheck ® “Your Automated Invoice Processing Solution”"— Presentation transcript:

1 © CRISP Technologies CRISP Technologies introduces InvoiceCheck ® “Your Automated Invoice Processing Solution”

2 CRISP Technologies 2 The Invoice Processing Challenge   High volume   Multiple vendor invoices   Varied rates   Multiple billing cycles   Tedious data entry   Time-consuming approval cycle   Late payment charges   Discount management   Hard-to-catch billing errors

3 CRISP Technologies 3 Process Chart – Manual vs. Automation

4 CRISP Technologies 4 The InvoiceCheck ® Solution Import data from vendors Data Repository Export to Accounting System

5 CRISP Technologies 5 InvoiceCheck ® Supported Vendors  ENERGY UTILITIES  TELECOMMUNICATIONS  TRAVEL  LEASING  TRUCKING  SUPPLY & SERVICES Continually adding new vendors

6 CRISP Technologies 6 InvoiceCheck ® Financial System Interfaces  Dunn & Bradstreet  Envision  Oracle  PeopleSoft  Platinum  Q-byte  SAP Continually adding new interfaces

7 CRISP Technologies 7 InvoiceCheck ® Features   Consolidated invoices   Electronic file transfers   Quick data load and processing   Electronic invoice verification   Exception and variance reporting   Detailed data repository   Management & financial reporting   Simple export to accounting systems

8 CRISP Technologies 8 InvoiceCheck ® Reporting Features  Operations analysis  Demand and consumption  Billing detail analysis  Financial analysis  Audit reports  Web-based  Data selection filters  Store custom criteria and parameters  Flexible access  Over 70 built-in reports

9 CRISP Technologies 9 InvoiceCheck ® Benefits  Reduced paper flow  Stop payment errors  Eliminate late payment charges  Better charge verification  Reduced payment processing  Powerful reporting and analysis tools  Time and billing cost savings

10 CRISP Technologies 10 InvoiceCheck ® Annual Savings (Example: A midsize Oil & Gas company InvoiceCheck ® Annual Savings (Example: A midsize Oil & Gas company) Actual savings = $70,000 from one vendor module

11 CRISP Technologies 11 InvoiceCheck ® Investment  InvoiceCheck ® base system:  One vendor module  One accounting system interface  Three concurrent users  Additional options  Installation and training  Yearly maintenance

12 CRISP Technologies 12 InvoiceCheck ® Return On Investment  Savings start in the first month of processing one vendor file through InvoiceCheck ®  Full cost recovery in less than 6 months  ROI increases with each additional vendor module !

13 CRISP Technologies 13 What Our Customers Are Saying   “With the implementation and utilization of the product, we have achieved significant time savings in data entry and processing of utility, vehicle leasing and gas chart invoices. The system also enables us to provide important data analysis to our Operations staff, resulting in substantial cost savings” * Penn West Petroleum *   “Considerable time saved each month while enhancing the integrity of our accounting records” * Devon Corporation *

14 CRISP Technologies 14 System & Interface Features  Windows (98, NT, 2000, XP and beyond)  SQL Database of Choice:  Oracle  Sybase  SQL Server  Other  Microsoft Web Server

15 CRISP Technologies 15 InvoiceCheck ® Implementation  Step-by-step installation  Business process integration  On-site assistance available  Hands-on training  Documentation and on-line help  Ongoing maintenance and support

16 CRISP Technologies 16 Easy Installation

17 CRISP Technologies 17 InvoiceCheck ® Summary  Unique Data-Warehouse, specifically designed for Accounts Payable  Automates and streamlines Invoice Processing; supports all Vendor Invoices with direct feed into any Financial System  Supports Sarbanes-Oxley business practices and requirements  Produces powerful consolidated Management Reporting  Eliminates redundant business processes, reducing the cost of handling complex invoices by up to 80%.  Exponential Return on Investment from the first month of processing

18 CRISP Technologies 18 InvoiceCheck ® Opportunity  Flexible pricing based on:  Base system  Add-on options  Affordable investment in Business to Business Automation Exponential Return On Investment from the first month of processing


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