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Fast Track Webinar
      August 8th 2012


     Christian Hjorth
Your presenter today


    Christian Hjorth
    Chief Commercial Officer, Tradeshift
    Been with Tradeshift since the early start and came
    from Salesforce.com and SAP
Today’s Agenda

Tradeshift Business Cloud overview


Demo


Fast Track


Summary and Q&A
About Tradeshift
 At Tradeshift we have the ambition to change the way
business is done by allowing organizations to exchange
                   invoices for free.

   We connect businesses to all their suppliers and
customers regardless of company size, not only saving
costs but also ensuring complete real time visibility and
 communication (status, disputes, early payment, W9
                     process, etc.).
e-invoicing has failed to keep
      customers happy*
     Only 12%
     Said their current solution was very satisfactory.


     Efficiency and cost
     Are the biggest barriers to becoming a universal solution.
     57% agree that adoption would be widespread if it was free
     to suppliers.


     47% think its pointless
     E-invoicing is pointless without widespread supplier
     adoption and addressing. These barriers are going to be
     key in reaching that stage.

     *CFO research across 600 organizations Dec 2011
We address the problem with
       3 key approaches
1. We make it FREE for suppliers to use

2. We make it EASY and provide many
   different channels for suppliers

3. We make it simple and efficient for you to
   ENGAGE and MONITOR progress
How we approach the supply chain

# of invoices   Automatic integrations
   (per year)      and self-service
                    configuration




                  Plug & Play connectors
                    to large accounting
                   systems, self-service
                        configuration       State of the art web invoice
                                            application or CloudScan™
                                                       service




                                                                    # of suppliers


                   Tradeshift Integrated WebSolutions
                                    Existing Solutions or
                                     Use of      Portals
                                            Approach
                                      Scanning
The Tradeshift Business Cloud


                 Custom Enterprise Apps
                                            Invoicing




  Financial Products                                       Network Engagement




Master Data                                                         CloudScan




          Archiving                                        Purchase Orders




                       Business Firewall   Branch Management
CloudScan demo
From traditional OCR to CloudScan
 Paper based Input

                                                       OCR + data capture or
                                                       manual data entry
                                                       Validation in AP
                                                       Import into ERP


 Moving to 100% electronic




                                                       High quality data
                                                       directly into ERP
    Validation is pushed to the
    supplier. Invoice must pass
    buyers validation rules
                                  OCR + data capture
This is how
     CloudScan works
1.   Inform suppliers to send all invoices
     as PDFs or pictures via email
         Generic: bigco@ts.tt or
         Specific: bigco.KdvQg@ts.tt
2.   The CloudScan service will
     automatically convert the invoices to
     XML
3.   CloudScan then sends the result to
     the supplier for validation or
     correction
4.   When the invoice has been validated
     by the supplier, it’s sent directly to you
     as XML for loading into your ERP
Validation of invoices
• Business Firewall
   •   Prevents invalid invoices from being sent
   •   Valid PO#, Cost Center, Person Reference etc.
   •   Configurable
   •   Support for “supplier groups”

• Invoices sent to the generic email address
   •   bigco@ts.tt
   • Will be validated with the standard validation rules

• Invoices sent to the specific email address
   •   bigco.KdvQg@ts.tt
   • Will be validated with the appropriate validation rules
Demo
CloudScan advantages
 (compared to traditional OCR and and Data Capture)
• Supplier Validation
   • The supplier signs-off on the conversion

• Costs
   • Every invoice validated by a supplier is one less invoice to validate
     by you

• Data quality
   • The Business Firewall prevents invalid invoices from being
     submitted
   • It’s in best interest of the supplier to ensure that the invoice is
     correct

• First step towards “real” e-invoicing
   • The supplier can easily move from PDF to sending real e-invoices
Tradeshift Fast
    Track
Why launch Fast Track?
 At Tradeshift we recognize that e-invoicing has largely
 failed to deliver real value to buyers and many buyers
     view e-invoicing as the land of broken promises

  With Fast Track we align Tradeshift to our customer’s
goals. If we don’t deliver real value to our customers they
            will not continue using our service
What is Fast Track?
  Fast Track is Tradeshift’s low-cost, low-risk bundled
package, specifically designed to build up to full rollout or
           run in a division of your business

 No need to sign up for multi year contracts and take on
 the risk of e-invoicing without a way to test if this really
                works for your organization.

  Access to unique technology that allows you to easily
onboard suppliers of any size and complexity and achieve
            industry best onboarding results
Fast Track is ready to go with
     everything you need
• 25,000 documents per year and unlimited suppliers
• Full integration support for suppliers
• Tradeshift’s CloudScan™
• Pull UBL-based documents into your finance or ERP systems
• XML and PDF feeds of all business documents received
• Business Firewall
• Network Engagement tool
• VAT compliance reports covering more than 33 countries
• 8 languages supported
Fast Track Benefits
 Transparent low-cost and low-risk e-invoicing

 Removes risk from your suppliers - it’s free!

 Also free for your suppliers to scan and validate email & PDF
   invoices with Tradeshift CloudScan™ saving you time & cost

 Launch optimized onboarding campaigns and receive weekly
   reports

 Competitively priced with monthly or yearly subscription fees
How can you use Fast Track
1. You already have an ongoing e-invoicing program and/or provider
   but are not satisfied with the results?
   Fast Track as a benchmark to your existing approach or as
   an alternative channel for your suppliers


2. You do not know whether an e-invoicing project would fit to your
   company and your specific supplier base?
   Fast Track as a pre-evaluation phase and foundation for the
   business case and subsequent vendor selection


3. You have identified Tradeshift as your solution of choice and want
   to run a small project to gain support for full roll-out
   Fast Track as the first milestone in a bigger E-invoicing
   initiative
Faster ROI, Low Risk, Better
         Savings
Option 1
                       Subscription
           $1,500 per month, no strings attached!



 Option 2
                   Yearly Recurring
            $15,000 per year, upfront payment
Summary
Summary
• E-invoicing projects have largely failed to deliver
  expected results due to lack of supplier benefits and
  incentives
• Tradeshift address these challenges
   • No supplier fees
   • More delivery channels and easy integration for suppliers
   • Automated onboarding process to support all supplier segments
• With Fast Track we put our money where our mouth is
   • Low-cost and low-risk e-invoicing
   • State of the art technology leading to industry best supplier
     onbaording results
   • Transparent cost and aligned incentives between Tradeshift and
     the customer
Q&A
Thank you

Tradeshift.com/webinars
Tradeshift.com/enterprise

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Fast Track Webinar

  • 1. Fast Track Webinar August 8th 2012 Christian Hjorth
  • 2. Your presenter today Christian Hjorth Chief Commercial Officer, Tradeshift Been with Tradeshift since the early start and came from Salesforce.com and SAP
  • 3. Today’s Agenda Tradeshift Business Cloud overview Demo Fast Track Summary and Q&A
  • 4. About Tradeshift At Tradeshift we have the ambition to change the way business is done by allowing organizations to exchange invoices for free. We connect businesses to all their suppliers and customers regardless of company size, not only saving costs but also ensuring complete real time visibility and communication (status, disputes, early payment, W9 process, etc.).
  • 5. e-invoicing has failed to keep customers happy* Only 12% Said their current solution was very satisfactory. Efficiency and cost Are the biggest barriers to becoming a universal solution. 57% agree that adoption would be widespread if it was free to suppliers. 47% think its pointless E-invoicing is pointless without widespread supplier adoption and addressing. These barriers are going to be key in reaching that stage. *CFO research across 600 organizations Dec 2011
  • 6. We address the problem with 3 key approaches 1. We make it FREE for suppliers to use 2. We make it EASY and provide many different channels for suppliers 3. We make it simple and efficient for you to ENGAGE and MONITOR progress
  • 7. How we approach the supply chain # of invoices Automatic integrations (per year) and self-service configuration Plug & Play connectors to large accounting systems, self-service configuration State of the art web invoice application or CloudScan™ service # of suppliers Tradeshift Integrated WebSolutions Existing Solutions or Use of Portals Approach Scanning
  • 8. The Tradeshift Business Cloud Custom Enterprise Apps Invoicing Financial Products Network Engagement Master Data CloudScan Archiving Purchase Orders Business Firewall Branch Management
  • 10. From traditional OCR to CloudScan Paper based Input OCR + data capture or manual data entry Validation in AP Import into ERP Moving to 100% electronic High quality data directly into ERP Validation is pushed to the supplier. Invoice must pass buyers validation rules OCR + data capture
  • 11. This is how CloudScan works 1. Inform suppliers to send all invoices as PDFs or pictures via email Generic: bigco@ts.tt or Specific: bigco.KdvQg@ts.tt 2. The CloudScan service will automatically convert the invoices to XML 3. CloudScan then sends the result to the supplier for validation or correction 4. When the invoice has been validated by the supplier, it’s sent directly to you as XML for loading into your ERP
  • 12. Validation of invoices • Business Firewall • Prevents invalid invoices from being sent • Valid PO#, Cost Center, Person Reference etc. • Configurable • Support for “supplier groups” • Invoices sent to the generic email address • bigco@ts.tt • Will be validated with the standard validation rules • Invoices sent to the specific email address • bigco.KdvQg@ts.tt • Will be validated with the appropriate validation rules
  • 13. Demo
  • 14. CloudScan advantages (compared to traditional OCR and and Data Capture) • Supplier Validation • The supplier signs-off on the conversion • Costs • Every invoice validated by a supplier is one less invoice to validate by you • Data quality • The Business Firewall prevents invalid invoices from being submitted • It’s in best interest of the supplier to ensure that the invoice is correct • First step towards “real” e-invoicing • The supplier can easily move from PDF to sending real e-invoices
  • 16. Why launch Fast Track? At Tradeshift we recognize that e-invoicing has largely failed to deliver real value to buyers and many buyers view e-invoicing as the land of broken promises With Fast Track we align Tradeshift to our customer’s goals. If we don’t deliver real value to our customers they will not continue using our service
  • 17. What is Fast Track? Fast Track is Tradeshift’s low-cost, low-risk bundled package, specifically designed to build up to full rollout or run in a division of your business No need to sign up for multi year contracts and take on the risk of e-invoicing without a way to test if this really works for your organization. Access to unique technology that allows you to easily onboard suppliers of any size and complexity and achieve industry best onboarding results
  • 18. Fast Track is ready to go with everything you need • 25,000 documents per year and unlimited suppliers • Full integration support for suppliers • Tradeshift’s CloudScan™ • Pull UBL-based documents into your finance or ERP systems • XML and PDF feeds of all business documents received • Business Firewall • Network Engagement tool • VAT compliance reports covering more than 33 countries • 8 languages supported
  • 19. Fast Track Benefits  Transparent low-cost and low-risk e-invoicing  Removes risk from your suppliers - it’s free!  Also free for your suppliers to scan and validate email & PDF invoices with Tradeshift CloudScan™ saving you time & cost  Launch optimized onboarding campaigns and receive weekly reports  Competitively priced with monthly or yearly subscription fees
  • 20. How can you use Fast Track 1. You already have an ongoing e-invoicing program and/or provider but are not satisfied with the results? Fast Track as a benchmark to your existing approach or as an alternative channel for your suppliers 2. You do not know whether an e-invoicing project would fit to your company and your specific supplier base? Fast Track as a pre-evaluation phase and foundation for the business case and subsequent vendor selection 3. You have identified Tradeshift as your solution of choice and want to run a small project to gain support for full roll-out Fast Track as the first milestone in a bigger E-invoicing initiative
  • 21. Faster ROI, Low Risk, Better Savings Option 1 Subscription $1,500 per month, no strings attached! Option 2 Yearly Recurring $15,000 per year, upfront payment
  • 23. Summary • E-invoicing projects have largely failed to deliver expected results due to lack of supplier benefits and incentives • Tradeshift address these challenges • No supplier fees • More delivery channels and easy integration for suppliers • Automated onboarding process to support all supplier segments • With Fast Track we put our money where our mouth is • Low-cost and low-risk e-invoicing • State of the art technology leading to industry best supplier onbaording results • Transparent cost and aligned incentives between Tradeshift and the customer
  • 24. Q&A

Editor's Notes

  1. WelcomeThanks for comingSpeaker presentation
  2. Founded on the back of easy tradeThen Invited to EU to do Pepol
  3. Demo Script:Account A sends Account B a POAccount B asks a question to Account A about the POAccount A answers the question to Account B via the document level messaging toolAccount B Approves document and flips PO into an InvoiceAccount A approves InvoiceAccount B views invoice status in the portalNeed to have 2 browsers open in full screen or presentation mode. Switch the mode before you start the presentation. Use Command+Tab to get back to the presentation after you are done with demo.
  4. WelcomeThanks for comingSpeaker presentation
  5. Founded on the back of easy tradeThen Invited to EU to do Pepol
  6. Founded on the back of easy tradeThen Invited to EU to do Pepol
  7. FT
  8. WelcomeThanks for comingSpeaker presentation
  9. WelcomeThanks for comingSpeaker presentation
  10. WelcomeThanks for comingSpeaker presentation