OUR BUSINESS AT A GLANCE Menocarta.net Business Network, the Italian supply chain putting together advisors and integrated services suppliers to create an unique TECH-NOLOGICAL and PROCESSIONAL PARTNER, coordinated by professionals (accountants, fiscal experts and notaries) for the dematerialization and long term preservation projects.

Menocarta.net is your perfect partner for business growth and efficiency, operating on accounting, fiscal and administrative processes with highly specialized and reliable digital services.

ELECTRONIC INVOICING TOWARDS THE PUBLIC ADMINISTRATIONfrom March 31st of 2015 all invoices for services sold to the Italian Public Admistration must be in electronic format.

ELECTRONIC INVOICING FOR B2BStarting from January 2017, optional electronic invoicing for B2B will be encouraged.

HIGH OPERATIONAL MARGINSThe transition to digital more and more will involve all business processes. Thanks to its positioning, Menocarta.net provides a competitive advantage.

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THE MARKET & THE SCENARIO

A market in full expansion

• The irreversible tendency to digital in Italy is mutating all business processes, introducing new services.• This new market is defined by a high technological element and, consequently, it's also subject to never-ending innovation• The “push” is also coming from the institutional frontline thanks to the EUROPEAN DIGITAL AGENDA, an EU initiative to incentivate and induce the Member Countries to enhance and develop and business opportunities using digital processes.

Main players:

SOFTWARE HOUSES,CERTIFICATION AUTHORITIES,

CONSORTIA, CATEGORY ASSOCIATIONS,

CORPORATIONS.

Current regulations:

• EUROPEAN DIGITAL AGENDA.

• ELECTRONIC INVOICING for Italian Public Administration becomes law the 6th of June 2014.

• D.M. (administrative order) of the 17th of June 2014.

• NEWSLETTER 18/E by Agenzia delle Entrate.

• ELECTRONIC INVOICING for Public Administration (including all Authorities) becomes law the 31st of March 2015

• D.M. (administrative order) of the 21st of April 2015: “B2B” ELECTRONIC INVOICING and DIGITAL RECEIPT introduction.

• D.M. (administrative order) of the 17 of July 2015: “B2B” ELECTRONIC INVOICING and DIGITAL RECEIPT approval.

SUPPLY & POSITIONING• B2B ELECTRONIC INVOICING and ELECTRONIC INVOICING FOR PUBLIC ADMINISTRATION • ELECTRONIC DOCUMENT MANAGEMENT in house or through outsourcing service• LONG TERM PRESERVATION• NOTARIAL SERVICES as: notarial statements extracted from long term preservation, digitalization of original analogic copies to notarial legal copies, Escrow notarial deposit and Trust Services• DIGITAL & GRAPHOMETRIC SIGNATURE tools and procedures• E-LEARNING training

The Target The Supply

PRIVATEPROFESSIONALOFFICES

SMAL&MEDIUM BUSINESS BIG CORPORATIONS• •

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•PROFESSIONALASSOCIATIONS

SPECIALIZED and CUSTOMIZED SERVICES

MASS MARKETSOLUTIONS

Menocarta.net reference targets and markets.

Our services

ABOUT US

Business Network

The Network Companies:eWitness: long term preservation and digital notarial services Si.ged: electronic document management servicesMenocarta.pro: professional trainingIpertrade: web servicesKart Consulting: ICT services & consultingDelta Erre: e-learning servicesWintech: System intCodex: Data management

Notarial emanation company, leader in data, documents and digital transactions certification.

The skill level and the experience are frameworks for all industry fields in term of digital documents,

electronic invoicing and long term preservationSi.ged Business Partner and Associate.

Servizi CGN is a 30.000 professionals network (accountants & fiscal experts), a group of compa-nies working in the consulting field, from develop-ment of software services to professional training.

Si.ged Business Partner. Servizi CGN, Si.Ged and eWitness have closed a deal for the lauch of the “ELECTRONIC INVOICING FOR PUBBLIC ADMINISTRATION” service.

Business consulting and implementation of IT specific services Company, offering to small and medium companies the best technological and expertise solutions, needed to guarantee efficient processes and effective control systems.Its approach puts first the use of pre-configurated solutions. Thanks to national and international best practices, the Company offers its expertise to find the best technical architecture to maximize IT ROI.

INTEGRATED SERVICES

Tailor-made integrated services for professionals and companies in range of accounting, full outsourcing administrative and fiscal activities.

DOCUMENT MANAGEMENT

LONG TERM PRESERVATION:

• Accounts and fiscal ledgers• Sell and purpose documents• Fiscal statements• Telematic intermediary archive• Contract models• Social ledgers

FULL INTEGRATION:with main ERP applications

with main enterprise softwares, particularly with SAP environment.

Menocarta.net support the project:

During the initial stage of interaction with Legacy.

During the lagacy data out stage.

During the operative phase of administrative, accounting and managerial processes on

SAP ERP platform.

FIRST OF ALL, EXPERTISE & RELIABILITY

In all accounting, fiscal and administrative processes, IT'S IM-PORTANT THE TECHNICAL AND REGULATORY LEVEL OF SKILLS of the involved professionals.

The Menocarta.net business network is supported by ACCOUN-TANS & NOTARIES partners able to guarantee the process & ser-vice reliability.

EXPERTISEThe only one network in worldwide having the highest reliability long term preservation, in compliance with notarial standards: qualified, heavily

guarded and protected for 100 years.

THE CENTRAL ROLE OF THE ACCOUNTANTSA network made of “certified” Menocarta.net accountants, who are taught and supported in order to execute the role of Responsible of Long Term

Preservation.

VERSATILITY & QUICKNESSThe “network” structure, consisting of professionals, consultants partners and integrated services companies, allows to provide highly specializes

services, regardless of the business size, with high efficiency and quick implementation.

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KEY STRENGHTS

ELECTRONIC INVOICING: from PUBLIC ADMINISTRATION to B2B

MENOCARTA.NET ACCOUNTANTS AS SIGNERSIn Menocarta.net electronic invoicing procedures, “Certified Accountants” play the role of signers of electronic invoicing flows both to public administration through the

well-known SDI (system of interchange) and “B2B”.

THE FUNCTION OF SIGNERMainly in B2B system, the function of signer certifies the electronic invoicing issue process and, in agreement with the issuing company, guarantees the reliability of the

whole account receivable (from the offer to the order confirmation, supply, invoicing and right accounting).

PA B2BIn electronic invoicing to PA system,

flows certification happens through

the SDI.

In B2B electronic invoicing system, following Menocarta.net model, flows certification happens

thanks to the strategic role of

ACCOUNTANTS.

It is desirable that banking solutions will achieve the same automation that characterizes collection and payment processes through the SDI in electronic invoicing for public administration system.

It is necessary to guarantee a RELIABLE SYSTEM:• To verify the reliability of accounting and administrative procedures inside the company;• To verify the compliance regarding invoicing flow;• To verify the existence of payment conditions in agreement between customer and supplier and the sharing of them with the referential bank.

Considering the usual scenario, accountants are already involved in guaranteeing VAT compliance. In case of electronic invoicing flows this compliance is possible through the digital signature of the issuing flow.

Menocarta.net is the right Partner in world banking indiustry for the role of its Accountants in certificated collection and payments of their Customers.

INTEGRATION WITH BANKING SERVICES SCENARIO

In March 2015 Menocarta.net has subscribed a letter of intent with the “Banca Popolare di Vicenza” and the Accountants Association of Padua in order to launch a test to define:

• A procedure which integrates the Menocarta.net expertise (B2B electronic invoicing) with the “Banca Popolare di Vicenza” tasks (i.e. collections and payments);

• A model extended to all parts involved and suitable to support the “transfer of receivables” in case of credit requests in B2B electronic invoicing system.

ADVANTAGES

SAVING• Reduction or elimination of stationery, printing and mailing costs.

• Reduction or elimination of physical archives and relative dedicated space in the office.

• Reduction or elimination of paper documents management costs.

EFFICIENCY• Immediacy in information research, thanks to the digital consultation and management.

• Acceleration of the entire accounting/administrative processes.

• Automatic collection of the accounting data.

OPTIMIZATION• Lightening of the administrative tasks and consequent reorganization of timings and activities.

RELIABILITY• Safety in long term preservation owing to a right and proper disaster recovery plan..

• Continuous controlling and monitoring of business processes and electronic management of preserved documents.

Savings in a DIGITAL world

12 Billions Euros per year

60 Billions Euros per year

The average savings achieved by document digitalization (just considering stationery costs).

The average savings conside-ring the digital management of all documents.

The average savings just considering the commitment in electronic invoices by the Italian Public Administration

Up to2 Billions

Euros per year

Total savings

Company savings 67-82%

saved money per each invoice digitally managed

If digitally managed each invoice cost will change

from 23-27€ to 2-4 €

Sustainability

- 4 millions tons of CO2 emission

20 millions of saved trees

Source: ICT Obsevatory of Polytecnic Institute of Milan.

STRATEGIC TARGETSCORPORATE / ENTERPRISE

PROFESSIONALS

ISTITUTIONS

• Implementation of high qualified and specialized services for tailor-made solutions in structured technological business worldwide.• Acquisition of expertise for the construction of skilled know-how according to the case.

• Constant interaction with Accountants intending to manage the digital processes of companies of any size.• Services development for professional categories.

• Sinergy and cooperation with Associations, Professional Categories and Institutions.

REFERENCESCase-histories

ELECTRONIC INVOICING for PUBLIC ADMINISTRATION and LONG TERM PRESERVATION – PHARMACEUTICAL COMPANY400.000 issued invoices per year in compliant electronic model 10.000 invoices over 40.000 towards the Public Administration20.000 received invoices from the Public Administration to preserve (2 receipts per invoice)

Italian Group composed by companies operating in chemical field with branches worldwide, focused on active ingredients for antibiotics and antitumourals production.

Solution in useThe company produces a flow of invoices for Public Administration in .xml format and invoices issue to private authorities in .pdf format. These documents are directly generated by the ERP company, 3 times per month, at about 1000 invoices per flow: each file gets digitally signed by a person in charge with in the company and, after the manager of long term preservation’s control, each file is forwarded or preserved depending on the customer typology (public or private)

BenefitsIn just 2 months the company has been able to transfer in long term preservation the entire 2014 account receivable invoicing, in addition to the whole flow of invoicing for Public Administration. The digitalization reduced inefficiencies due to paper documents management, at the same time, it increased the productivity of human resources involved and reduced the income collection time. The company has also started a reorgani-zation process to digitalize more than 100.000 additional documents per year.

60% less of conser-vation process costs

ELECTRONIC INVOICING FOR PUBLIC ADMINISTRATION and LONG TERM PRESERVATION – ENERGY SUPPLY SERVICES TO PRIVATE CUSTOMERS

Commercial energy Company with more than 350.000 Clients, owned by one of the largest Italian Gas Group with more than 610.000 Clients and a sales volume of 1.5 billions cube meters .

Company needsElectronic invoicing for Italian Public Administration. Accounts and tax ledgers in full outsourcing long term preservation and notarial statements on demand, necessary for cease-and-desist orders in case of insolvency.

BenefitsIntegration of long term preservation with DMS (Document Management System) SAP customer’s system. Compliances in adminstrative, accoun-ting and financial processes, also in debt collection management, through the notarial structure procedure of “documents extraction” from long term preservation.

Efficiency in debt collection procedures

SAP environment perfect intergration

ELECTRONIC INVOICING FOR PUBLIC ADMINISTRATION AND LONG TERM PRESERVATION – ENERGETIC INDUSTRY

Leader company in energetic industry operating at a global level serving more than 150 countries and counting more than 2.000 certified profes-sionals, enjoying an unique position in the supply of integrated solutions and systems.

Company needsSale invoices long term preservation, electronic invoicing for Public Administration issue and preservation.

BenefitsDocument input flows -and conversion from .pdf to .xml format, intercepting and managing apart documents destinated to Public Administration. Menocarta.net solutions allowed a full interaction and integration between the central headquarters administration processes in USA and other abroad branches.

Process integration with the group worldwi-de branches.

Coordination of a multi-national organization

FATTURAZIONE ELETTRONICA VERSO LA PA e CONSERVAZIONE SOSTITUTIVA - SETTORE ABBIGLIAMENTO900.000 ducumenti annui gestiti digitalmente, tra questi:Libri e registriFatture di vendita, fatture itracompany e DDTDocumenti attinenti al ciclo passivo

Noto marchio italiano di abbigliamento, distribuito in tutto il mondo.

EsigenzaOttimizzazione della gestione documentale interna al fine di velocizzazione i processi di contabilizzazione e la riduzione o l'eliminazione dell'achi-vistica in formato cartaceo, gravata da ingenti volumi, rilevanti oneri operativi e costi di gestione.

La soluzione in usoL’azienda si è affidata a Menocarta.net per intervenire in outsourcing sulla conservazione sostituiva di fatture attive, DDT e sulla fatturazione "intercompany". Segue la dematerializzare dei registri iva, i modelli Intrastat e una significativa parte del ciclo passivo per un totale oltre 900.000 documenti l'anno. Oggi l'azienda punta a completare la dematerializzazione del ciclo passivo e ad operare in assenza del cartaceo in buona parte degli ambiti amministrativi, contabili e fiscali.

BeneficiI principali benefici riscontrati dall'azienda sono stati l'approccio consulenziale e assistenziale, le ottime tempistiche di attivazione, la concentra-zione dell'attività di conservazione a norma presso un'unica controparte fidata, per un servizio a 360° ad hoc sulle esigenze del cliente. Non da ultimi, i vantaggi derivanti dall'abbattimento dei costi connessi alla conservazione cartacea e l'ottimizzazione dei tempi e delle modalità di consultazione dei documenti conservati, oltre che un migliore monitoraggio dell'avanzamento delle fatture dalla fase di emissione a quella di pagamento.

Servizio a 360° esteso a buona parte dei proces-si aziendali, incluso il ciclo passivo.