Direct Insite (“DIRI”) provides cloud-based, ERP-agnostic solutions that automate Accounts Payable (AP) and Accounts Receivable (AR) invoice processes for Global 3000 companies. Their solutions include invoice validation, order matching, consolidation, dispute handling and e-payment processing. DIRI helps clients eliminate manual processes and costs associated with doing everything on paper. By migrating from paper to electronic, DIRI can reduce transactions costs 50-70% and reduce time by 80%. Current clients include Siemens, HP, IBM, Saint-Gobain, Shell Oil, and Hyatt with a Global vendor network of 350,000+ suppliers.
B2B Payments in the Networked Age: How to Reduce Risk, Improve Communication,...SAP Ariba
"While innovation abounds in the consumer world, the most recent true innovation in B2B payment was introduced the same year as the Betamax videotape (1975) using the same IBM patented technology as the 1960's Bat-computer. With more than 50 percent of U.S. payments being made by check, and electronic B2B payment methods that contain too little information, businesses struggle with the consequences of a payment system that is opaque, complex, risky, and disconnected from their core payables and P2P processes. In the Networked Economy of the 21st century, this should not be so and B2B payments are ripe for needed change.
In this session, you will hear from industry experts and Ariba customers about how AribaPay (Ariba's groundbreaking B2B payment solution) is changing the game by:
• Removing the need for companies to capture, manage, and maintain vendor bank information inside their ERP
• Integrating payment directly into the P2P process
• Delivering rich remittance and track and trace payment visibility to suppliers
• Virtually eliminating payment risk and the need to field supplier inquiries
• Supercharging P2P supplier enablement efforts"
Automation of business-to-business (B2B) payments continues to remain elusive. While checks are stubbornly pervasive, there is promising news in the vision for processing data and dollars among business partners. This session will detail NACHA and other industry organizations’ initiatives leading the way in facilitating the move from paper instruments to electronic payments by mid-sized and smaller businesses. Learn about opportunities for electronic disruption and where financial institutions might begin to gain traction in B2B ACH payments.
[Whitepaper] From Profit Recovery To Retention Anybill
Many companies today rely on “post-transaction recovery” to audit, reconcile and recover mistaken vendor payments. However, this blunt-force, after-the-fact approach to invoice reconciliation is extraordinarily costly and wasteful.
Due to process inadequacies in their accounts payable (AP) departments, they are cutting checks that are not owed, paying phantom bills and contributing to various forms of “profit leakage.”
Best-in-class companies, however, have discovered that these operational mistakes are preventable. Leveraging Intelligent Invoice Reconciliation (IIR) solutions, they are engaging in the “pre-transaction retention” of mishandled payables—taking action before dollars erroneously fly out the door. By analyzing their transaction data in real-time and reconciling invoices with payables, they are pre-empting AP leakage, enhancing operational processes and protecting their profits.
This position paper explains how these advanced companies are rethinking their approaches to invoice reconciliation and establishing a stronger foundation for accounts payable.
B2B Payments in the Networked Age: How to Reduce Risk, Improve Communication,...SAP Ariba
"While innovation abounds in the consumer world, the most recent true innovation in B2B payment was introduced the same year as the Betamax videotape (1975) using the same IBM patented technology as the 1960's Bat-computer. With more than 50 percent of U.S. payments being made by check, and electronic B2B payment methods that contain too little information, businesses struggle with the consequences of a payment system that is opaque, complex, risky, and disconnected from their core payables and P2P processes. In the Networked Economy of the 21st century, this should not be so and B2B payments are ripe for needed change.
In this session, you will hear from industry experts and Ariba customers about how AribaPay (Ariba's groundbreaking B2B payment solution) is changing the game by:
• Removing the need for companies to capture, manage, and maintain vendor bank information inside their ERP
• Integrating payment directly into the P2P process
• Delivering rich remittance and track and trace payment visibility to suppliers
• Virtually eliminating payment risk and the need to field supplier inquiries
• Supercharging P2P supplier enablement efforts"
Automation of business-to-business (B2B) payments continues to remain elusive. While checks are stubbornly pervasive, there is promising news in the vision for processing data and dollars among business partners. This session will detail NACHA and other industry organizations’ initiatives leading the way in facilitating the move from paper instruments to electronic payments by mid-sized and smaller businesses. Learn about opportunities for electronic disruption and where financial institutions might begin to gain traction in B2B ACH payments.
[Whitepaper] From Profit Recovery To Retention Anybill
Many companies today rely on “post-transaction recovery” to audit, reconcile and recover mistaken vendor payments. However, this blunt-force, after-the-fact approach to invoice reconciliation is extraordinarily costly and wasteful.
Due to process inadequacies in their accounts payable (AP) departments, they are cutting checks that are not owed, paying phantom bills and contributing to various forms of “profit leakage.”
Best-in-class companies, however, have discovered that these operational mistakes are preventable. Leveraging Intelligent Invoice Reconciliation (IIR) solutions, they are engaging in the “pre-transaction retention” of mishandled payables—taking action before dollars erroneously fly out the door. By analyzing their transaction data in real-time and reconciling invoices with payables, they are pre-empting AP leakage, enhancing operational processes and protecting their profits.
This position paper explains how these advanced companies are rethinking their approaches to invoice reconciliation and establishing a stronger foundation for accounts payable.
Automating Payables for the SME Market: Diving Head First into AP AutomationAnybill
This Technology Insight report is for small and mid-sized enterprises with an interest in payables automation. The report includes the latest adoption statistics, current thinking, best practices, strategies, and key performance indicators for evaluating and selecting the solution that meets your needs.
Receivables financing ⇒ Receivables financing is an accounting term, ❝ when a business receives funding based on issued invoices that will be paid on future date❞.
There are 2 types of accounts receivable financing:
➼ Invoice Discounting
➼ Factoring
It has been 34 years since the first online B2B transaction was completed – and much has changed since then. In a time when payment companies are under tremendous pressure to produce more with fewer resources, many are jumping the traditional payments ship and switching over to electronic payments. This slideshare will take you on a journey from paper checks to automation in the B2B space, and unveil the power of AvidXchange's solutions on a company’s bottom line.
With the unpredictable economic environment and the importance of cash and liquidity on the corporate agenda, finance executives are evaluating the effectiveness of current operations across payables and receivables. Many companies are turning to payment factories to deliver value across the entire organization.
How SupplierPay Will Impact Your Business and How to Get AheadTaulia
On July 11th, 2014, The White House announced an early payment initiative called SupplierPay to help small businesses get access to financing. President Obama selected a group of top executives from 26 of the largest U.S. companies, many of which are already using Taulia, to discuss the impact supplier financing has on the small business economy.
This isn't new to us--we've been helping Fortune 500 companies pay their suppliers earlier for over 6 years.
In this presentation, discover:
-What exactly SupplierPay is and why it matters to the economy
-The impact SupplierPay will have on your business
-How you can easily get ahead
CGI Voice of the Client Telecoms Industry IT Trends for 2015Stephen Craig
CGI Voice of the Client Analysis for 2015 in the Global Telecommunications Industry. Includes IT trends analysis and business implications. Key topics for 2015: IT Modernization, Digital Transformation, Customer Experience, Omni-channel strategies, and Outsourcing.
Property & Casualty Commercial Lines Underwriting: The New PlaybookCognizant
P&C commercial lines carriers are experiencing a global transformation that will compel them to reexamine their operating models, implement direct-to-consumer strategies, reengineer their processes and technologies, and achieve and sustain profitable growth in the age of digital.
Richfield Oil & Gas Company (OTCQX: ROIL) is an independent exploration and production company headquartered in Salt Lake City, Utah. The Company’s current oil production flows from wells in fields located in Kansas and Wyoming. In addition to several thousand acres in Kansas, Richfield also owns strategically-located exploratory leases in central Utah on trend to major oil discoveries.
Automating Payables for the SME Market: Diving Head First into AP AutomationAnybill
This Technology Insight report is for small and mid-sized enterprises with an interest in payables automation. The report includes the latest adoption statistics, current thinking, best practices, strategies, and key performance indicators for evaluating and selecting the solution that meets your needs.
Receivables financing ⇒ Receivables financing is an accounting term, ❝ when a business receives funding based on issued invoices that will be paid on future date❞.
There are 2 types of accounts receivable financing:
➼ Invoice Discounting
➼ Factoring
It has been 34 years since the first online B2B transaction was completed – and much has changed since then. In a time when payment companies are under tremendous pressure to produce more with fewer resources, many are jumping the traditional payments ship and switching over to electronic payments. This slideshare will take you on a journey from paper checks to automation in the B2B space, and unveil the power of AvidXchange's solutions on a company’s bottom line.
With the unpredictable economic environment and the importance of cash and liquidity on the corporate agenda, finance executives are evaluating the effectiveness of current operations across payables and receivables. Many companies are turning to payment factories to deliver value across the entire organization.
How SupplierPay Will Impact Your Business and How to Get AheadTaulia
On July 11th, 2014, The White House announced an early payment initiative called SupplierPay to help small businesses get access to financing. President Obama selected a group of top executives from 26 of the largest U.S. companies, many of which are already using Taulia, to discuss the impact supplier financing has on the small business economy.
This isn't new to us--we've been helping Fortune 500 companies pay their suppliers earlier for over 6 years.
In this presentation, discover:
-What exactly SupplierPay is and why it matters to the economy
-The impact SupplierPay will have on your business
-How you can easily get ahead
CGI Voice of the Client Telecoms Industry IT Trends for 2015Stephen Craig
CGI Voice of the Client Analysis for 2015 in the Global Telecommunications Industry. Includes IT trends analysis and business implications. Key topics for 2015: IT Modernization, Digital Transformation, Customer Experience, Omni-channel strategies, and Outsourcing.
Property & Casualty Commercial Lines Underwriting: The New PlaybookCognizant
P&C commercial lines carriers are experiencing a global transformation that will compel them to reexamine their operating models, implement direct-to-consumer strategies, reengineer their processes and technologies, and achieve and sustain profitable growth in the age of digital.
Richfield Oil & Gas Company (OTCQX: ROIL) is an independent exploration and production company headquartered in Salt Lake City, Utah. The Company’s current oil production flows from wells in fields located in Kansas and Wyoming. In addition to several thousand acres in Kansas, Richfield also owns strategically-located exploratory leases in central Utah on trend to major oil discoveries.
Quadrant 4 Systems Corporation is a leading provider in of health exchange platforms, innovative software products and proprietary SMAC (social media, mobility, analytics and cloud computing) solutions to enterprise clients in Retail and Manufacturing, Media and Publishing, Financial Services and Health Care sectors.
Founded in 1886, American Water (NYSE: AWK) is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 6,600 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 14 million people in more than 40 states and parts of Canada. Our January Online Conference was attended by nearly 5,000 investors. Don't miss your chance to listen to leading small-cap company executives who will provide detailed overviews of their businesses through video presentations and live Q&A sessions.
“The Coin Tree is a cloud-based storage, insurance, and payment processing platform for bitcoin that leverages cutting edge transactional security to serve the ever expanding virtual currency community."
Financial Markets Data & Analytics Led TransformationGianpaolo Zampol
How big data, advanced analytics and cognitive computing is disrupting traditional business and operating models in financial markets? New competitors, powered by social, mobile, analytics, and cloud computing, are making new business models emerging rapidly. Wealth Management, Corporate Banking and Transaction Banking & Payments are significant sources of growth in Financial Markets. How take advantage from those new technologies to face this new scenario?
It’s no secret that Accounts Payable is one of the main areas of opportunity for automation and optimization within a finance department.
In this video recap of the webinar held on 2/26/ 2019; Auxis’ RPA Consulting Director Eduardo Diquez together with The CFO Leadership Council, UiPath & Ephesoft discussed a perspective on what it really takes to optimize the end-to-end AP function, its key benefits, key technology solutions in the market, and more.
What was covered:
- What does Modern Finance really mean?
- Digitization as a Key Element of the Modern Finance Organization
- Most Common Tools you should be implementing as part of your Digital Finance journey
- What’s driving RPA’s growth?
- Implementation Strategies & Alternatives
- How Outsourcing can help finance executives self-fund their Digital Finance Strategy and drive faster outcomes
Emerging Technologies - The Future Of Finance (CIMA Feb 2019)Michael Sadler
A presentation by IBM on the topic of "The Future Of Finance" examining emerging trends, and how accountants can to prepare for the transition from "running the numbers" to being value-adding partners to the business.
CGI's Steve Starace, SVP & BU Leader, U.S. Northeast explains how CGI’s solutions and services are addressing clients’ top priorities in the banking industry.
Kundcentrera och anpassa end-to-end processer kring mobilitet, molnet, sociala medier och big data.
Titta närmare på: Big Data (http://www-03.ibm.com/software/products/sv/category/SWP10), BPM (http://www-03.ibm.com/software/products/sv/category/BPM-Software), Social (http://www-03.ibm.com/software/products/sv/category/SWD00)
Watch the recording of this session and learn how to structure a winning AP automation strategy from beginning to end. We will show demos of Intelligent Data Capture and RPA in action for invoice processing.
Big North Graphite : Presenting at Global Online CEO Conference Small Stocks...RedChip Companies, Inc.
Big North is a graphite development and exploration company with projects in Mexico and Canada
Owns three past producing amorphous graphite mines in Sonora, Mexico
Currently test mining at the Nuevo San Pedro amorphous graphite mine.
Owns high quality large-flake graphite exploration target in Ontario
StarStream Entertainment is a theatrical motion picture production and financing company focused on producing and financing edgy, high quality motion pictures with strong cast and lean budgets for a commercial audience.
StarStream Entertainment is a theatrical motion picture production and financing company focused on producing and financing edgy, high quality motion pictures with strong cast and lean budgets for a commercial audience.
DRONE Aviation Corp (DRNE) was formed in April 2014 to penetrate the rapidly growing Unmanned Aerial Systems (UAS) business in U.S. and abroad for government and commercial customers.
DRNE’s mission is to aggressively penetrate the expanding Drone market with our unique Tethered Drones, which are currently being fielded to the U.S. Department of Defense and State and Local municipalities.
DRNE owns and operates Florida-based Lighter Than Air Systems Corp (LTAS), a developer and supplier of unique and specialized aerial solutions to the U.S. Government, State municipalities, and commercial entities.
InterCloud Systems Incorporated is a single - source provider of end - to - end IT technology and telecom solutions to the ent erprise, service provider, and g overnment markets through “Cloud Platforms” and professional services. “Cloud Comput ing”, is defined as the use of computing resources (compute, NTK, Storage) that are delivered as a managed service over a network. InterCloud offers its service provider custo mers the ability to utilize “cloud” solutions inside their existing network footp rint as well as in a “white label environment” so it can offer a suite of cloud products under their own brand, delivered over the broadband services it presently sell s . ICLD’s cloud services include infrastructure as a service (IaaS), platform as a servi ce (PaaS), and software as a service (SaaS) .
The nuclear energy industry has lain stagnant for over 30 years and has suffered from missteps and perception issues.
Lightbridge is here to innovate and change the conversation. About: Lightbridge is a U.S. nuclear energy company based in McLean, Virginia with operations in Abu Dhabi, Moscow and London. The Company develops proprietary, proliferation resistant, next generation nuclear fuel technologies for current and future nuclear reactor systems. The Company also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. Lightbridge's breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way to a sustainable energy future. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. The Company leverages those broad and integrated capabilities by offering its services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.
NeoStem, Inc. (“NeoStem” or the “Company”), a biopharmaceutical company, is capitalizing on the paradigm shift occurring in medicine by engaging in the development and manufacture of cellular therapies for oncology, immunology, and regenerative medicines in the United States. The Company anticipates that cell therapy will play a significant role in the fight against chronic disease and in lessening the economic burden that these diseases pose to modern society.
Exeo Entertainment, Inc. is a manufacturing company concentrating on developing innovative products that fill a clearly defined need in today’s interactive entertainment industry. Featured products include the Zaaz™ smart TV keyboards, Patented Psyko Krypton™ 5.1 gaming headphones, Krankz Bluetooth music headphones, an Android® based portable gaming system, and the Extreme Gamer® -the world’s first multi–disc game changer.
Lattice Incorporated (“Lattice” or the “Company”), founded in 1973, provides secure communications and information technology, specializing in deploying advanced technology and services to create innovative, cost - effective solutions for the Company’s global customers. The Company provides both wholesale and direct services to correctional facilities and their service providers in the U.S., Canada and Europe. Expansion of Lattice’s direct and wholesale services, including increased techno logy equipment and software sales to wholesale customers, is expected to drive revenue growth and increased margins in the quarters ahead
Energy Fuels is the nation's leading conventional uranium producer, supplying approximately 25% of the uranium produced in the U.S. (based on FY-2013 deliveries). The Company also has the capability to be a significant producer of vanadium. Energy Fuels owns and operates the White Mesa Mill, which is the only conventional uranium mill currently operating in the U.S. The mill is capable of processing 2,000 tons per day of uranium ore and producing up to 8 million lbs. of U3O8 per year (depending on ore grade).
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Let's dive deeper into the world of ODC! Ricardo Alves (OutSystems) will join us to tell all about the new Data Fabric. After that, Sezen de Bruijn (OutSystems) will get into the details on how to best design a sturdy architecture within ODC.
Direct Insite: RedChip's Global Online CEO Conference
1.
2. Some of the statements made in these materials may be forward-looking in nature. If you
want to understand the risks associated with such statements, please review our filings
with the SEC.
All material contained in this presentation is the sole property and copyright of Direct
Insite Corp. with all rights reserved. Certain statements, which are not historical fact, may
be considered forward-looking statements that involve risks and uncertainties. Forward-
looking statements include statements regarding future business results; future sales and
profitability; customer demand; and industry and economic conditions. Various factors
could cause actual results to differ materially from what is set forth in such forward-
looking statements. These factors are set forth in our SEC filings. All are cautioned not to
place undue reliance on these forward-looking statements as the Company does not
undertake any obligation to release publicly any revisions to these forward-looking
statements to reflect future events or circumstances, or to reflect the occurrence of
unanticipated events.
3. Direct Insite provides cloud-based, ERP agnostic solutions that
automate Accounts Payable (AP) and Accounts Receivable (AR) invoice
processes.
Blue-chip customer base: IBM, HP, Siemens, St. Gobain, Shell Oil, Hyatt
First-of-its-kind private-label AR solution for banks
Best-in-class AP transformation solution for global enterprises with shared services centers
Ability to accept any invoice, in any format, from any ERP
No hardware or software capital expense due to cloud-based SaaS business model
Transaction-based pricing and recurring revenue business model
Growing global network of 450,000+ suppliers and companies and plans to monetize
Board/management/associates squarely aligned with shareholders
4. The AP Market
Target market: companies with large shared-service centers, heavy invoice volume, and
multiple legacy financial/ERP systems.
In the Global 3000, only 40% have implemented automation tools.
Even large companies with automation suffer from multiple legacy ERP systems with
inconsistent automation capabilities requiring rework. Direct Insite estimates the market is
only 10% penetrated.
90% of global companies manually enter invoice data and pay invoices with $30 trillion of
paper checks.
Global regulation, anti-money laundering, and tax requirements accelerating move to
electronic record keeping.
As tax and additional regulation move into the US (starting with healthcare), incumbency is
critical for long term and significant growth.
Conclusion: Automation is not an “if,” it’s a “when.”
6. Direct Insite Corporation
Copyright 2009
Confidential & Proprietary
6
Direct Insite Company Network:
450,000+ Suppliers and Customers Transacting over $130 Billion Annually
7. Automate AP invoice processing
Reduce inquiries from suppliers
Improve relationships with suppliers
Save money
Reduced Costs – Reduced average cost to process an invoice by 24%
Improved Staff Efficiency – Receives 73% of its invoices electronically and posts
payments for 63% of its invoices without operator intervention
Increased Productivity – Reduced work flow time from a more than four days to
less than 12 hours for electronic invoices and less than 2.5 days for paper invoices
Enhanced supplier relationships – Reduced supplier inquiries by 67%
“Invoices On-Line has proven to be an effective tool in the transformation of our
Accounts Payable automation initiatives with a goal of reducing paper handling,
invoicing costs and supplier inquiries.”
-Roderick Fields, GSS NA Director of Disbursement Services
Customer Profile:
• Shared services environment
for the global powerhouse
• Supports more than 50 Siemens
business units
• Processes over 2.4 million
invoices per year
• 60,000 suppliers
• 5,000 internal users
8. The AR Market
Receivables management is a $1.3 trillion market worldwide
>14 billion paper B2B invoices generated in the U.S. annually
60% of corporations are dissatisfied with their receivables and payments processes
Only 50% of receivables post without human intervention
75% of corporations say they have too many receivables with incomplete or inaccurate data
74% of corporations say their number of receivables requiring human intervention is rising
10. Automate AR processing
Enhance customer service
Improve overall invoice processing efficiency
Reduce Day’s Sales Outstanding (DSO)
Reduced Costs – Reduced paper invoices by 75%, slashing the cost per invoice on
these items from between $600 - $1,500 per invoice to less than $25 per invoice
Improved Staff Efficiency – Reduced invoice disputes by 65 percent
Reduced DSO – Reduced DSO by approximately four days, resulting in a $50 million
increase in treasury cash available and $4 million in annual savings in interest expense
on these DSO funds
Enhanced supplier relationships – Customer satisfaction with IBM’s invoicing process
jumped from 27% to 72% within six months of implementation
Customer Profile:
• 100 year-old company with
approx. $100 billion in
revenues
• Generates millions of invoices
each year across over 100
countries and 15 languages
• Selected Direct Insite’s IOL
platform to provide: Web-based
line item presentment; dispute
management; attachments
“Transforming IBM’s AR processes with Invoices On-Line™ resulted in a 90
percent reduction in transaction costs, 65 percent fewer billing disputes and
calls, and a 10 percent reduction in DSO. These benefits have annually
delivered tens of millions of dollars in savings to IBM.”
—Ellie Mahoney, Invoices On-Line Americas E-Business Advocate for IBM
11. The Bank Market
Target market: top 100 U.S. banks
Leverage existing bank paper lockbox customers
Virtually all of the top US banks provide lockbox services
Lockbox is a $1 trillion business (fees, float, deposits)
Second-most lucrative bank treasury product behind lending
70% of large corporates use a lockbox
35% of all businesses use a lockbox
Percentage of lockbox users is growing
Virtually all of the top banks are investing in AR services
12. Source – CEB Tower Group
How PAYBOX™ Addresses Top Bank Lockbox Priorities:
Replaces lockbox revenues lost to declining check volumes
Improves customer “stickiness” with AR services
Increases operational efficiency through use of invoice file
Creates new revenues through p-card utilization
Provides downstream supply chain financing & AP opportunities
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12.00
2006A 2009A 2012A 2013 Est 2014 Est 2015 Est
10.78
8.6
7.3
6.7
6.2
5.7
5.4
6.0
4.5
4.1
3.7
3.4
CheckBasedPayments
(inbillions)
Check Based Payments - Volume Trends
C2B
B2B
Source: 2013 Fed Payments Study
'13-15 estimatesextrapolated using CAGR's (DJO)
Banks must replace revenue lost to declining B2B check
volumes - and find a way to preserve their lockbox franchise.
14. First-of-its-kind private-label AR solution that extends a bank’s treasury services
with:
Electronic invoice presentment
Adjustments & approvals
Electronic payments
AR file delivery
Downstream financing
Electronic Reverse Lockbox for Banksand Billers
16. Note: FY 2011 and Q1 2012 revenues exclude pass through 3rd party scanning revenues from a client that ceased scanning services in January 2012.
Customer Wins Providing Current Growth Growing Cash Balance for Future Flexibility
7.6
7.8
8
8.2
8.4
8.6
8.8
9
9.2
9.4
Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13
TTM Revenues ($M)
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13
Cash Balance ($M)
17. • Invest in direct sales force, and build a sales culture
• Standardize product offerings to facilitate future new product
introductions and cost efficiencies
• Add new customers and drive usage amongst existing base
• Develop and introduce new products to sell to new and existing base
• Leverage first-mover status for PAYBOX in top 100 banks
• Launch formal channel program for AR and AP solutions
• Create value from the “network effect” in valuable supplier network such
as supply chain financing and compliance management
• Explore opportunistic acquisitions to expand vendor supplier network
10%+
Achieved
10%+
10%+
Company goal is to reach and exceed 30% top line growth by 2015.
2015
2013-
2014
2012
18. Recurring revenue SaaS business model
First-of-its-kind private label AR solution for banks
Trades at lower multiple to peers, but with stronger core customers and offerings
New products & functional extensions coming to existing product suite
Big spending from venture-backed startups to evangelize the market
Robust and growing vendor network and plan to monetize
Automation is a given, financial supply chain will be automated
Opportunity to invest with public company visibility, Global 3000 customer list, and a growing
Global Vendor Network with revenue opportunities growing out of the core business
Industry is fragmented and will continue to consolidate, own a benchmark company in the
space today with upside tomorrow