170 sales presentation

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Automation and Optimizationof Financial Processes



Copyright © 2006, 170 Systems, Inc. All rights reserved. 2

Finance Professional·s Challenge

Reduce costs³ Increase throughput without additional resources

³ Decrease cost per transaction

Strengthen controls to minimize risk³ Comply with regulations (Sarbanes-Oxley)

³ Enforce consistent processes across the organization

Improve service to business units and suppliers³ Increase speed, accuracy and visibility

³ Reduce burden on the line-of-business managers

Do this all at the same time and make it pay for itself




Barriers to Resolution

Over 80% of all transactions are still paper-based³ ´The paperless office is one of the worst predictions in the history

of technologyµ ² Forbes, May 2001

ERP Systems are not designed to solve the problem³ The ´system of recordµ, but constructed for data not processes

³ Fails to enforce/implement ´best practicesµ and compliance

³ Cannot address unstructured information that initiatesmost transactions

Traditional document management solutions aren·tarchitected for transaction processing³ Multiple representations of the data and transactions

³ Designed for archival and retrieval

³ Customer-specific solutions delivered via custom code




World Class Finance Performance

World Class Transaction Processing Companieshave achieved better cost results by³ Streamlining and automating routine processes

³ Leveraging the functionality of technology to

Implement best practices to drive increased accuracy, integrity,and risk mitigation

Eliminate the paper

Automate workflow of electronic or imaged invoices

Utilize the Internet for increasing speed and availability

³ Mandating integration of their ERP applications in a unified platform³ Build in integrity monitoring software ensures compliance

and protection from fraud




170 MarkView Solution

Technology

Process

People




Fixed Price Implementations Depth of Experience Global 2000 Customers

Domain Expertise Best Practices Business Processes Shared services

170 MarkView Solution

ERPIntegration

WorkflowImaging& Markup




170 Systems Customersare the World·s Leading Companies

Aerospace/Defense

General Dynamics Sandia National

Labs

Communications

AT&TBellSouthBritish TelecommEquantO2VerizonVodafone

ConsumerGoods

Electronic ArtsMattel Sony

Education

HarvardRyerson University San Diego State StanfordU. Pennsylvania

Energy

Atmos EnergyKerr-McGeePlains All American Smith InternationalWilliams

Engineering/Construction

CarillionGraniteMacerichMichael Baker Corp.M.A. MortensonNetwork Rail Suffolk

FinancialServices

AmeriquestCignaCitigroupD&BE-Trade JP Morgan Chase

MarshMasterCardTD Bank

Food/Beverage

Schreiber Foods J.M. Smucker

Healthcare

PacifiCare Select MedicalUniversity Hospitals

Manufacturing/Supply

Arrow ElectronicsGEToyota

Retail

Nordstrom Sportsmen·s

Warehouse Starbucks

Public Sector/Government

NIHNYC Housing Scottish Legal

Aid BoardTSAUS DOT US FAA US CDC

US Coast Guard

Technology/Information

Biogen IdecCanon Juniper NetworksNCRRed HatReuters

Sapient SAS SeagateYahoo

Travel/Entertainment

CendantGaylordMaritzTUI




170 MarkView Applications

170 MarkView Financial Suite³ Accounts Payable

³ Expense Management

³ Procurement

³ Accounts Receivable³ General Ledger

³ Asset Management

³ Project Re-Billing

³ Human Resources



The 170 Systems Solution forAccounts Payable




Invoice lifecycle

Capture EntryReview/Resolve

Coding Approvals Payment Audit




Invoice Receipt, Capture and Entry

EntryReview/

ResolveCoding Approvals Payment

ManualEntry

Capture

ERP Environment

AutomatedEntry

ImageAutomaticallyAttached

001100

1 111XML

OCR

MarkViewSelf Service

Invoice

Scan/Fax

SupplierNetwork




ERP Environment

Optimize your ERP

Corporate Data

Organizations Sets of Books

Hierarchies

Vendor Supplier Lists

Chart of Account Information

Business Rules

Materiality Limits

Etc.

Leveragingyour

investmentin ERP, Data

andResourceswith no

Duplication

Entry Review/Resolve

Coding Approvals Payment




Extensive Workflow Options

EntryReview/


ManualEntry

Capture

ERP Environment

AutomatedEntry


001100

1 111XML

OCR


Invoice

Scan/Fax

SupplierNetwork

PO Based

Non-PO Based

Pre-Approved

Self Service

Supplier Maintenance

170 SystemsContext Sensitive Workflows




User Interface

Metrics, Analytics and Reporting

Metrics, Analytics and Reporting

EntryReview/


ManualEntry

Capture

ERP Environment

AutomatedEntry


001100

1 111XML

OCR


Invoice

Scan/Fax

SupplierNetwork

PO Based

Non-PO Based

Pre-Approved

Self Service

Supplier Maintenance

170 SystemsContext Sensitive Workflows




Case Study ³ Juniper Networks

2005 Annual Net Revenue @ $2B

Global workforce of 4,600 employees

Finance located in four key theaters³ Sunnyvale, Dublin, Hong Kong, Bangalore

Time-consuming and expensive process1. Receive paper invoice2. Look up authorizer on purchase order3. Email invoice details to authorizer

to approve invoice via email4. File invoice waiting for approval

in file drawer5. Wait for approval via email6. Follow up for approval if no response

Too Slow ³ Cycle time on average 8 to 9 days

Could Not Scale Globally

7. Receive approval

8. Pull invoice from file drawer

9. Key invoice in ERP system

10. File invoice in AP file storage

11. Execute payment

12. Pull invoice from file wheninquiries received




Global JuniperAccounts Payable Metrics

WW Historical2003 (Pre SSC)

WW Current2006

# of AP Employees

# of Invoices Processed

% of Manual Invoice/PO

Monthly Trans per FTE

Length of Backlog

Minutes/Invoice

Cost/Invoice

% of Process Automated

5

62,000

45%

1000

8 to 9 days

9.2 min

$4.72

48%

12

416,817

75%

3000

2 to 3 days

3.4 min

$1.78

89%




Gantry Group Study: 7.4 month payback and 300% ROI

Benefits of Automation«and 170 Systems· Solution

Reduced Costs³ Optimize cash management: Capture all discounts, eliminate penalties,

introduce dynamic discounts

³ Improve productivity for Finance, Line of Business managers, employees

³ Reduce operating costs: eliminate costs of copying, filing and transporting

all related documents

Strengthened Internal Controls³ Increase control and visibility

³ Automate segregation of duties

³ Smoother audits due to on-line access to audit trails and backup

Improved Service Levels and Visibility³ Self service for Line of Business managers, employees, suppliers, customers

³ Reduce cycle times to less than 5 days

³ Reduce process errors

³ Performance metrics and monitoring



MarkView for Oracle AccountsPayable Demonstration




Maritz Inc.

P roblem: Cost control

250,000 invoices per year with expected

growth of 100,000

Redeployed Staff ³ 7.5 FTE·s ($360,000/year)

Reduced total processing time by 20,000 person-hours

Increased AP productivity from 50 invoices/person/dayto over 200

Realized over $1.5M annually in additional earlypayment discounts due to reduced processing time

The world·s largest source of integrated performanceimprovement, travel, and market research services

Source: OAUG Whitepaper 2004




Select Medical

Problem: Managing rapid growth through acquisition

30,000 invoices / 3,500 expense reports per month

Document transport cost savings: $225K/year

Redeploy staff: 3 people ($150K/year)

Filing and onsite storage eliminated: $25K/year

Late fees, early payment discounts: est. $100K/year

Other tangible benefits³ Web-based invoice query tool ² reduced AP staff time³ Ability to conduct audits and inquiries

170 MarkView: AP, Expenses, Assets, General Ledger

The leading operator of long-term acute care hospitals inthe US ² 98 hospitals and 740 outpatient clinics

Source: OAUG Whitepaper 2003




170 Systems ² Leading Provider of Solutions thatAutomate and Optimize Financial Processes

Depth of Experience and Domain Expertise³ 16 years+ of Experience

³ Global 2000 customers in 40 countries

³ Extensive best practices

Advanced ERP Integration³ Certified with

Oracle e-Business Suite

PeopleSoft Enterprise Applications

mySAP ERP Business Suite

Focus³ Process automation product, not a platform

³ Configurable solution

³ Proven ROI




170 Systems Select Customers




170 Systems

Leading P rovider of Solutions that Automate and Optimize Financial P rocesses

Business Process Automation Focus

Advanced ERP Integration Depth of Experience and Domain Expertise

Complete Product





Business Process Automation Focus³ Beyond document capture to focus

on the entire process

³ Intelligent Mark-Ups that initiate workflow

³ 170 MarkView Express: better decisions faster forline-of-business managers

³ 170 MarkView Insight: Visibility intoproductivity, cash flow, and potential fraud

for finance managers






Advanced ERP Integration³ Certified with

Oracle e-Business Suite

PeopleSoft Enterprise Applications

mySAP ERP Business Suite

³ No duplication of ERP data

³ Integrated workflow and processes

³ User input validated against ERP in real time

(GL account codes)

³ Leverage ERP user hierarchy and single sign-on




170 Systems and Oracle

Advanced integration with Oracle³ Integrated user interface

³ No duplication of data

³ Leverage ERP's user hierarchy and security

Highest level Oracle partner (since 1990)

³ Oracle Certified Advantage Partner Program³ Oracle Cooperative Applications Initiative (CAI)

³ Oracle Open Tools Initiative (OTI)

"As a Certified Advantage Partner, 170 Systems continues tobring great value to our mutual customers through 170

Systems· integrated product offerings.µ- Doug KennedyVice President, Worldwide Alliances, Oracle






Advanced ERP Integration

Depth of Experience and Domain Expertise

³ Demanding Global 2000 customers³ Global experience: shared service centers,

off-shoring, outsourcing

³ Top-tier ERP experience: SAP, Oracle,and PeopleSoft

³ Proven ROI: 7.4 months average payback

³ Best practices in Finance

³ Strengthening controls






Advanced ERP Integration

Depth of Experience and Domain Expertise

CompleteProduct³ A true software product: certified,

documented, upgradeable

³ More than AP ² a full Financial Suite

³ End to end automation: imaging, OCR,e-invoice, workflows, exception processing,

supplier portal, analytics

³ ´Fixed priceµ implementation

³ Complete portal




Potential Payment Request:Expense Processing Future State

EnterExpenseReportDetail

Print

Bar-CodedCover Sheet

Fax

Receipts

AutomaticAssociationwith Report

Routing

Payablesand

Audit

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