1. Automating the Accounts Payable and Invoice Process Robert Ripley Chief Operating Officer iPayables

2. AGENDA Evolution Discounts Latest Trends Business Case Q&A

3. PAIN Invoice process costs Late payments Missed discounts Cash management Visibility / Month end

4. 4 vs 16 Days to process

5. 3 vs 16 $ Invoice

6. 36% APR

7. 1-5m/1b Discount Capture

8. EVOLUTION OF OPTIONS Paper Back-End Document Capture/Archive Front-End Document and Data Capture Front-End Capture with Matching and Workflow Electronic Invoicing with Imaging and Workflow

9. NON-PO – ELECTRONIC INVOICING W/ IMAGING & WORKFLOW

10. PO – ELECTRONIC INVOICING W/ IMAGING & WORKFLOW

11. EXPANDED PAYMENT TERMS

12. DYNAMIC DISCOUNT CAPTURE Standard & Contractual Auto Sloping Early Payment

15. Latest Trends

16. PAPER not going away just yet ACCOUNTS PAYABLE moving toward strategic

17. ADOPTION is the key THE CLOUD is where things are going

18. LARGE & MID-MARKET solutions ANALYTIC & REPORTING is revealing

19. ELECTRONIC PAYMENT is increasing CASH FLOW is still king

20. BUSINESS CASE

21. EFFICIENCY GAINS 20 FTE 10,000 Invoice/month Non-PO & Purchase Order

22. DISCOUNT CAPTURE $1 Billion in Spend 5% participation Avg 15 days early

23. ROI Efficiency Gains + Discount Capture = 654%

24. CONCLUSION Electronic, Image, Workflow, Matching Dynamic Discounting Strategic, Cloud, Adoption Profit Center

25. THANK YOU! Robert Ripley Chief Operating Officer 949.916.7403 office 949.280.2342 mobile robert.ripley@ipayables.com Q & A