ezReceivables is an internet-based invoicing and payment system that allows suppliers to post invoices online and receive payments electronically, and buyers to receive, review, approve and pay invoices through the web as well. It aims to streamline the invoice and payment process for both suppliers and buyers in the most efficient way possible. Key features include standardized invoice presentment, electronic approval and payment, communication between buyers and suppliers, and interfaces with accounts receivable and payable systems.

1. ezReceivables
ezReceivables is an internet based invoicing and payment
system where buyers and suppliers can post invoices and make
payments interactively.
JJ & Associates

2. Current Scenario
• Invoice presentment process requires suppliers to spend up to
$1.50 per invoice which includes paper, printing, machinery,
labor and postage.
• Invoice receiving is an area of significant expense for the
buyer, requiring dedicated resources to record, reconcile,
approve and pay suppliers.
• Payment presentment is an additional expense to the buyer
which includes printing, postage, paper and manual handling of
checks processed.
JJ & Associates

3. Objectives
• To achieve the following in the fastest, cheapest,
most convenient and efficient way possible :
• Enable any supplier to send out invoices via the web
and receive payments from buyers.
• Enable any buyer to receive and record pre­validated
and standardized invoices via the web, approve them
and make payments to suppliers.
JJ & Associates

4. System Features
• Suppliers can load standardized, pre­validated invoices on the
internet with a click of a button and automatic email notifications
are sent to buyers.
• Buyers can enforce a 3­way match of supplier invoices against
purchase orders and receipts.
• Suppliers can fax invoices in bulk or individually to buyers.
• Suppliers can receive payments instantaneously with email
notification of payments received.
• Buyers can easily archive, search, view Invoices and payments.
• Payments can be made using electronic checks or credit cards.
• Buyers can print bills and payment confirmations.
• Ready to run interfaces to commonly used Accounts Receivable
and Accounts Payable packages for invoices and payments.
JJ & Associates

5. System Features
• Allows for invoice approvals before payment.
• Two way, real­time, e­mail notified, secure communication
between suppliers and buyers for disputes and replies.
• Supplier configurable account types with payment application
policies and payment terms tailored to different kinds of billing
like Tax, Goods, Services etc.
• Front end interface for running supplier jobs like invoice import,
payments export, ACH file generation, non­response to disputes
by buyer report and any other custom reports.
• Supplier can attach multiple invoice supporting documents,
promotional materials and advertisements.
• Invoices and Payments are protected by industry standard SSL,
application level security features and custom secure plus.
JJ & Associates

6. ezReceivables extends your existing AR and AP to the Web !
2 3
View/Approve Import
Export/Enter Invoices Validated,
1 Invoices & Accepts Reconciled,
Attachments standardized Approved
pre­validated Invoices
3­way matched
AR invoices
System AP
System
www.EzReceivables.com
Supplier Buyer
Accepts 4 Import/Enter
5 Import Reconciled Payments
Reconciled payments
Payments
Supplier
Bank 6 NACHA 6 NACHA
File/Pmt Buyer
/Credit File
Info. Bank
Card
Merchant
7 Money Transferred

7. Customizable, Interactive and beyond just an EDI !
Thank you for previewing the benefits of EzReceivables.
We now invite you to get a real feel of the system.
Click on the browser ‘Back’ button and hit ‘Sign In’ button to start.
JJ & Associates