Electronic Invoicing & Payment

Enliven Software: Change is Good, but Cash Flow is BETTER!

2007 Dynamics Year End Users Group Conference

12.11.07Bunmi Akinyemiju

Business Development

The leader in automating business spending processes for small/midsize organizations

Enliven Software

• Enliven Software strives to become the leader in paperless electronic invoicing and payments products. Our Fidesic suite of products integrates seamlessly with accounting systems to automate business-critical financial processes, including payables, payments, receivables and expense reports. Fidesic is the only e-payment solution that supports mobile payments and integrates with major third party e-payment platforms such as PayPal, Google Checkout and Amazon payments. We also offer document imaging, web-based data capture, approval workflow, and paper or electronic payments.

What Enliven Does:• Fidesic eInvoicing

Automates the invoice/statement delivery and customer payment process, helping companies get paid faster, reduce costs and improve customer service.

• Fidesic ePayCustomer self serve online payments, with a direct connect to your business' deposit account, our software moves the money which your customers deposit within 24-48 hours.

• Fidesic ePayablesAutomates the invoice receipt and approval process, reducing costs and streamlining buyer, approver, and accounting tasks.

• Fidesic ePaymentsAutomates the business payment process (paper and electronic payments), eliminating printing checks, folding, stuffing, and stamping envelopes, resulting in significant time and money saved.

Dynamics GP Dynamics GP

Automate PO Delivery- Fax/Mail/EmailDynamics GP add-on

PO Flip by Vendors

Vendor Account Center

Scanning & OCR – reduce data entry

Works with any scanner. Applies GL Codes

Workflow designer for Pos, workflow & payments

Electronic notification via email or mobile

Approved Invoices Download into GP

Approved Invoices Download into GP

Imported invoices are already coded

Processing checks from GP with MICR

Automate delivery of checks – paper and ACH

Supports electronic signatures based on workflow approval

Payment Approval

Fulfillment Options

Paper fulfillment – POs, invoices and checks

Accounts Receivable via eInvoicing

Accounts Receivable via eInvoicing

Email/Fax/US Mail support – from Customer card

Customer Account Center

One-time sign-up page: Online payments, View Statements, Disputes

Customer Account Center

Customer Testimonial

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A/P Processing Benchmarks

• Invoice and vendor payment costs– Invoice processing cost: up to $17.34 per invoice *– Vendor payment cost: up to $9.13 *

• Invoice filing, storage, and retrieval costs– Time to find misfiled invoices: over 10 minutes **– Percent of invoices misfiled: 3% **– Percent of invoices lost: 7% **

* Source: ** Source:

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A/P Processing Best Practices

• Use an automated invoice processing system– Reduce data entry error and correction time– Quicker approval process means shorter cycle

time

– Tighter financial control• Approval workflow based on business rules• Consistent application of Internal Control

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A/P Processing Best Practices

• Use an automated invoice processing system (cont.)– Reduce costs and improve service to vendors and

office employees• Quicker, easier approval process• Avoid paying late fees or missing discount deadlines• Reduce or eliminate vendor calls and email

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• Use an invoice imaging system– Reduce the time to retrieve invoices– Eliminate costs of storing paper invoices– Eliminate lost or misfiled invoices

• Eliminate paper checks - using EFT– Reduces cost of payment– Improve cash management

A/P Processing Best Practices

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Fidesic Payables Suite• Automatic invoice data capture using optical character

recognition– Error-free capture of an indefinite number of data

elements including line item detail– General ledger codes automatically applied– Invoice data entry time (avg.) : Under 20 seconds

• Upload invoices directly into Great Plains

• Automatic approval workflow– Using business rules– Electronic audit trail

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Fidesic Payables Suite• Invoice images stored online

– Accessed directly from Great Plains– Available for at least seven years

• Pay vendors via paper or electronic check– Payment approval workflow is available– Integrated with Great Plains vendor payment functionality

• Vendor Payment Center allows vendors to check the status of their invoices and payments online– 24/7 online access

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Fidesic Receivables Suite• Invoice delivery via Email, US Mail, or Fax• Resend invoices• Automatic reminders• Payment notification• Receive EFT and credit card payments• Shipment tracking• Status information available online• Electronic statements & online disputes• Apply payments to invoices in GP automatically• Automatically send ACH file to bank

Customer Testimonial

THANK YOU!!!PLEASE DON’T HESITATE TO STOP BY

OUR BOOTH IF THERE ARE ANY QUESTIONS THAT WE CAN ANSWER!

Bunmi AkinyemijuBusiness Development