cloudtrade overview
TRANSCRIPT
Solution Overview
...delivering the paperless office
© Cloud Trade Technologies Limited 2012
Increase visibility Increase controls Increase ability to
pay on time and to take supplier discounts
Reduce carbon footprint
An organisation can save 1-2% of its turnover by replacing paper invoices
with electronic invoices and optimising the related processes*
Reduce costs Increase visibility Strengthen
customer relations Reduce carbon
footprint
... e-invoicing delivers benefits to both sides of the trading partnership
Benefits for the buyer Benefits for the supplier
*Billentis, 2010
© Cloud Trade Technologies Limited 2012
The Cloud Trade proposition
Cloud Trade REMOVES PAPER from an organisation
Cloud Trade provides the EASIEST way to SEND and RECEIVE electronic documents
Cloud Trade is NON-DISRUPTIVE to your supply chain and simple to use
Cloud Trade GUARANTEES HIGH SUPPLIER ADOPTION – ensuring the strongest e-invoice business case
© Cloud Trade Technologies Limited 2012
70%
“The Massive middle”
10%
20%
Typically, 80% of volume received from 20% of suppliers
Common landscape and legacy solutions
... paper mountains remain with most e-invoice and OCR strategies
High volume
EDI like submission - suitable for limited number of high volume suppliers.
Key from paper
Key from image
OCR & manual correction
© Cloud Trade Technologies Limited 2012
70%
“The Massive middle”
10%
20%
Typically, 80% of volume received from 20% of suppliers
Common landscape and legacy solutions
... paper mountains remain with most e-invoice and OCR strategies
High volume
EDI like submission - suitable for limited number of high volume suppliers.
Key from paper
Key from image
OCR & manual correction
© Cloud Trade Technologies Limited 2012
EDI
Supplier (Sender)
Buyer (Receiver)
**In
voic
e P
roce
ssin
g E
nviro
nm
ent
FM
S /
ER
P
**Customer’s own application or Cloud Workbench
*Based on 2011 supplier adoption programmes, percentage of suppliers
choosing method of invoice submission
*80
– 90
%*5
-10%
100% e-invoicing - guaranteed
Mo
pp
ing
up
th
e t
ail
FT
PS
, H
TT
PS
, et
c
Verify Signature
Extract
Interpret
ExportExtrapolate
Validate
© Cloud Trade Technologies Limited 2012
Cloud Trade Service Options
Customer Example
• 48,000 invoices per annum
• 2,000 live suppliers
• 16 suppliers send 25% of invoices
• 97 suppliers send 63% of invoices
Supplier on-boarding focussed on 97
suppliers
70%
“The Massive middle”
10%
20%
Email / PDF
XML/ EDI
OCR & Portal
© Cloud Trade Technologies Limited 2012
Step 1 – Review PDF Invoice• Review PDF
• Four invoices in single file
• Invoice #1 multi page
Step 2 – Email Invoice • Create new email addressed to: [email protected]• Attach PDF to an email and send
Demonstration
© Cloud Trade Technologies Limited 2012
Customers...
© Cloud Trade Technologies Limited 2012
Step 1 – Review PDF Invoice• Review PDF
• Four invoices in single file
• Invoice #1, multiple pages
Step 2 – Email Invoice • Create new email addressed to: [email protected]• Attach PDF to an email & send
Step 3 – Receive e-Invoice Results• Receive 4 emails by return• Each email contains
• Summary of data extracted
• Original PDF
• Example XML
Demonstration
© Cloud Trade Technologies Limited 2012
Supplier Adoption
Collect Supplier Contact Details
Identify Suppliers
Issue Supplier Communication
Configure Suppliers
Follow Up Review
© Cloud Trade Technologies Limited 2012
Why is Cloud Trade different?How do we compare against the competition...
Providers typical invoice
submission options
EDI or XML
Invoice Portal
Type of organisation that would use invoice submission option
Large Enterprise
Micro Business
Small to Medium
Enterprise?
Barriers impacting adoption and
usage
Technical
Process
Cost
Typical Results
Low supplier adoption
High percentage
of paper remains
© Cloud Trade Technologies Limited 2012
Why is Cloud Trade different?Cloud Trade provides the strongest e-invoice business case...
Cloud Trade invoice
submission options
EDI or XML
Invoice Portal
Type of organisation that would use invoice submission option
Large Enterprise
Micro Business
Small to Medium
Enterprise
Cloud Trade removes the barriers to adoption
Technical
Process
Cost
Typical Results
High supplier adoption: 80 – 90% common
Majority of paper is removed
Email / PDF
Fast ROI – strongest e-
invoice business case
© Cloud Trade Technologies Limited 2012
Why Cloud Trade?
• Cloud Trade removes the barriers to supplier adoption • high supplier adoption = attractive business case
• Multi-channel invoice processing • ensuring 100% electronic invoice processing
• Different approach to solve the e-trading problem• Technology – patent pending application
• Commercial – free to suppliers, PAYG
• Go to market – network of networksNet result = the most attractive business case for our customers
© Cloud Trade Technologies Limited 2012
Closing thought: Succesful supplier adoption = successful e-invoice project
Question 1 - If you were asked:
“Can you change your billing system and send me invoices electronically?”
... or ...
“Can you log onto this portal and manually enter your invoice?”
What would your answer be?Question 2 - If you were asked:
“Can you send your invoice via email as a pdf?”
Would your answer be different?