Isabel & SEPA How can we help you in your migration

22/03/2010

Dominique AdriansensProduct Line Manager eBanking - Isabel NV/SAdadriansens@isabel.eu

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Isabel 6: The SEPA service

• Isabel Business Suite 5– Isabel Business Suite 5.0 is not updated for SEPA

– However, it fully supports CODA 2 versions which are SEPA compliant

• Isabel 6 (web-based) is the only full SEPA compliant version– Enables all SEPA features the market needs

– Progressive offering of features

• Isabel 6 is available on demand.– Over 4.000 users today.

• Massive promotion mid 2010.– Everyone invited to do the switch.

Migration process to start with SEPA

• First step: – Support account information with BIC & IBAN (Accounts Receivable)

– Structured account info in CODA

• Second step: – For Credit transfers:

• Be ready to receive SEPA paper forms form suppliers and government• Communicate IBAN & BIC to your business partners• Send only SEPA paper forms to your customers

– For Direct Debits• Adapt your flows according to the business model you want to set-up

– Switch to Isabel 6 (even partially)• Discover and prepare for the new formats

• Third step: Test & Start using– Credit Transfers: switch to the new format (Accounts Payable)

– Direct Debits: switch to the new format3

Isabel Full SEPA service offering

Confidential4

SEPA Credit Transfers & Sepa Direct Debit

• Full support in Isabel 6 of – SEPA Credit Transfers (XML CT)

– SEPA Direct Debits (XML DD)

• Three solutions to get your SEPA files to the bank– Manual interaction with the webbased version

– Use an ERP with Isabel Go embedded• 14 ERP vendors are ready with this

– Large volume solution with Isabel Corporate Synchroniser• In final pilot phase with major customers

• Some figures– 20 % of number of files on Isabel 6 are XML Credit Transfers

– 50 % of number of transactions are SEPA

– Volumes are high (some customers do already more than 100.000 XML CT payments a month via Isabel 6)

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Questions ?