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©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 1©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved
+
The Real Value of Payment
Automation
Vendor Payments with Nvoicepay and First
National Bank
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 2©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved
Speakers
CindyMowery
VP of Corporate Treasury Services
First National Bank
Brent Meyers
National Vice President
Nvoicepay
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 3©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved
Agenda
• FNB Overview
• Benefits of Payment Automation
• How It Works
• Success Stories
• Summary
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 4
First National Bank
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 5
Giving Back to Communities
“We truly believe that in order for us
to be successful as an organization
our communications must also be
successful.”
- Clark Lauritzen
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 6
Award Winning
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 7
Award Winning
SoftwareNvoicepay by numbers:
• Tens of Billions in payment volume
• 2,750 customers across all verticals
• 500,000 vendors
• 2009 – First payment
• 3x growth for the last 6 years
Leader in Enterprise Payment Software
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 8
Making Payments Today
Generate
payment file(s)
Receives
invoice
payments
• Majority paper based and error prone
• Limited enablement
• Manual international payments
Prospect Vendors
• Rigid/multiple processes
• Difficult reconciliation
• No support services
5%
25%
70%
High customer involvement with limited results
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 9
Generate
payment file
Receives
invoice
payments and
remittances
• Increase efficiencies
• Cost reduction + rebates = $5/payment
• International payments in same workflow
• Comprehensive services
• Ongoing supplier enablement
Low customer involvement and high results
Prospect Vendors
Making Payments With Nvoicepay
Nvoicepay
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 10
Transform Accounts Payable
Increase margins
• Harddollarbenefits
• Easyto implement
• ImmediateReturn
Improve Efficiency
• One integratedpaymentflow
• All payments
• Novendordatato maintain
Eliminate Payment Risk
• Paymentsguaranteed
• Increasedcontrol
• Realtime paymentvisibility
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 11
Visibility & Control Through The Payment Lifecycle
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 12
High Touch Customer Service
ComprehensiveServicesensuresallpaymentsareelectronicwiththeleastamount ofcustomereffort….and customersdon’tcollect
paymentdata ortake callsfrom suppliers.
ProactiveOngoing
VendorEnablement
DynamicInformation
Management& Reconciliation
PaymentSupportServices
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 13
Security
SOC 1 Type 2
Nvoicepay’spaymentservicesare SOC1 Type2
compliantandauditedyearly.
Payment Warranty
Nvoicepaywarrantsthe successfulcompletionof vendor
paymentsinaccordanceto the customer’sinstructions.
SSAE 16
Electronic printchecks are printedat a SSAE16
certified,SOX compliantlocation.
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 14
City of Cleburne
Challenges
Struggling to keep pace with paper check
payments and suppliers were not paid
efficiently.
Solution
Payment automation enabled faster and
more efficient payments to suppliers by
digitizing the payment approval process.
Results
“It’s time saved from receiving, sorting
invoices to match up with paper checks,
and then to stuff those paper checks. In
addition, the new process allows us to
focus more on reducing errors.”
Kristin Torres
Finance Coordinator
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 15
Township of Upper St. Clair
Challenges
Operating on taxpayer funding with a
small AP staff and looking to pay suppliers
more strategically.
Solution
Payment automation and electronic
payments through Nvoicepay. No more
managing supplier payment data or
manually paying suppliers.
Results
“It streamlines your accounts payable
process, saves hours of work each week,
and saves on material costs like paper,
check stock, postage, mailing, and copies
of checks. And it generates revenue,
which is something governments have
trouble doing.”
Mark Romito
Director of Finance
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 16
Calculate Your ROI
• In-depth executive report
• Communicates value of
Nvoicepay
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 17
Summary
First National Bank andNvoicepay havepartnered toprovide the best possible solution forAP payments.
1. Efficiency: Nvoicepay complements existing AP processes andenables customers tostreamline andoptimize their
payment process.
2. Financial Impact: The continuous supplier enablement forelectronic payments allows Nvoicepay toprovidethe
greatest cost savings andrebates.
3. Holistic: We offer a comprehensive payment solution that includes both cloud-based software andservices.
©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 18©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved
Q & A
CindyMowery
VP of Corporate Treasury Services
First National Bank
Brent Meyers
National Vice President
Nvoicepay
Making Payments Today

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Real Value of Payment Automation Software

  • 1. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 1©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved + The Real Value of Payment Automation Vendor Payments with Nvoicepay and First National Bank
  • 2. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 2©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved Speakers CindyMowery VP of Corporate Treasury Services First National Bank Brent Meyers National Vice President Nvoicepay
  • 3. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 3©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved Agenda • FNB Overview • Benefits of Payment Automation • How It Works • Success Stories • Summary
  • 4. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 4 First National Bank
  • 5. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 5 Giving Back to Communities “We truly believe that in order for us to be successful as an organization our communications must also be successful.” - Clark Lauritzen
  • 6. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 6 Award Winning
  • 7. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 7 Award Winning SoftwareNvoicepay by numbers: • Tens of Billions in payment volume • 2,750 customers across all verticals • 500,000 vendors • 2009 – First payment • 3x growth for the last 6 years Leader in Enterprise Payment Software
  • 8. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 8 Making Payments Today Generate payment file(s) Receives invoice payments • Majority paper based and error prone • Limited enablement • Manual international payments Prospect Vendors • Rigid/multiple processes • Difficult reconciliation • No support services 5% 25% 70% High customer involvement with limited results
  • 9. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 9 Generate payment file Receives invoice payments and remittances • Increase efficiencies • Cost reduction + rebates = $5/payment • International payments in same workflow • Comprehensive services • Ongoing supplier enablement Low customer involvement and high results Prospect Vendors Making Payments With Nvoicepay Nvoicepay
  • 10. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 10 Transform Accounts Payable Increase margins • Harddollarbenefits • Easyto implement • ImmediateReturn Improve Efficiency • One integratedpaymentflow • All payments • Novendordatato maintain Eliminate Payment Risk • Paymentsguaranteed • Increasedcontrol • Realtime paymentvisibility
  • 11. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 11 Visibility & Control Through The Payment Lifecycle
  • 12. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 12 High Touch Customer Service ComprehensiveServicesensuresallpaymentsareelectronicwiththeleastamount ofcustomereffort….and customersdon’tcollect paymentdata ortake callsfrom suppliers. ProactiveOngoing VendorEnablement DynamicInformation Management& Reconciliation PaymentSupportServices
  • 13. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 13 Security SOC 1 Type 2 Nvoicepay’spaymentservicesare SOC1 Type2 compliantandauditedyearly. Payment Warranty Nvoicepaywarrantsthe successfulcompletionof vendor paymentsinaccordanceto the customer’sinstructions. SSAE 16 Electronic printchecks are printedat a SSAE16 certified,SOX compliantlocation.
  • 14. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 14 City of Cleburne Challenges Struggling to keep pace with paper check payments and suppliers were not paid efficiently. Solution Payment automation enabled faster and more efficient payments to suppliers by digitizing the payment approval process. Results “It’s time saved from receiving, sorting invoices to match up with paper checks, and then to stuff those paper checks. In addition, the new process allows us to focus more on reducing errors.” Kristin Torres Finance Coordinator
  • 15. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 15 Township of Upper St. Clair Challenges Operating on taxpayer funding with a small AP staff and looking to pay suppliers more strategically. Solution Payment automation and electronic payments through Nvoicepay. No more managing supplier payment data or manually paying suppliers. Results “It streamlines your accounts payable process, saves hours of work each week, and saves on material costs like paper, check stock, postage, mailing, and copies of checks. And it generates revenue, which is something governments have trouble doing.” Mark Romito Director of Finance
  • 16. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 16 Calculate Your ROI • In-depth executive report • Communicates value of Nvoicepay
  • 17. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 17 Summary First National Bank andNvoicepay havepartnered toprovide the best possible solution forAP payments. 1. Efficiency: Nvoicepay complements existing AP processes andenables customers tostreamline andoptimize their payment process. 2. Financial Impact: The continuous supplier enablement forelectronic payments allows Nvoicepay toprovidethe greatest cost savings andrebates. 3. Holistic: We offer a comprehensive payment solution that includes both cloud-based software andservices.
  • 18. ©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved 18©2018 Nvoicepay, Inc. – Confidential – All Rights Reserved Q & A CindyMowery VP of Corporate Treasury Services First National Bank Brent Meyers National Vice President Nvoicepay Making Payments Today