1. Identify & Prevent Duplicate Payments Presenter: Daniel Kimpton

2. Agenda  Introduction  Benefits  Solution Overview  Pricing

3. Introduction

4. About Us  Parent company ‘Cogent Consulting’ have been implementing Invoice Automation solutions for 10 years  As a result customers had more time to focus on improving quality & controls  Developed Duplicate-Matching.com and Statement- Matching.com based on customer requirements

5.  Standard ERP duplicate checks very limited and inflexible  Potential errors not followed up  No way of tracking or managing follow up process  Excel based process very time consuming  3 rd party AP audit companies are expensive Typical issues with manual duplicate checking

6. ERP Data uploaded to our Cloud Solution The configurable reports identify Duplicates to review:- –Either create a claim to investigate or –Dismiss the document not as a duplicate When new ERP data is uploaded; new duplicates are identified,excluding any existing or dismissed claims. Any open claims where open invoices are reversed/cancelled/deleted are updated and the claim closed where possible Workflow and Reporting to support the claim process How Duplicate-Matching works

7. Solution delivered with standard set of reports. Very easy to add new ones. Standard set comprises: Exact Duplicates – Legal entity, supplier, invoice #, date, amount and currency all the same. Looks at all documents (paid/un-paid) ‘Only’ Reports – Individual reports for all fields the same except for legal entity, supplier, invoice #, date, amount or currency currency ‘Yesterday’ Reports – Same set of reports, but only on data from yesterday Note: duplicate checks performed cross company code and cross vendor if vendor has more than one ERP account Typical Reporting Set

8. Benefits

9.  Configurable reports, very easy to understand  Identify potential duplicates at the earliest opportunity  Claim Work-Lists to manage prevention and recovery process  Duplicate reports updated automatically on import of new data  Reporting to monitor promises to pay, planned workloads by user, value of preventions and recoveries  Cloud based, 3-5 day setup and low monthly subscription Benefits

10. Solution Overview

11.  Daily, automated FTP feed from your ERP system(s)  All reports updated automatically  User access via browser Getting data into the system

12. Overview Screen

13. Standard set of reports delivered

14. Simple report configuration – Exact duplicates

15. Report config contd. – Invoice# different only

16. View duplicate report

17. View duplicate detail Series of tabs to perform analysis, create claims, view claim history and other open claims with supplier.

18. Check for credit notes of same value Are there any credit notes for same invoice value? Automatic filters applied.

19. Create a claim Drop-downs configurable. Record error reasons & root cause, log promises to pay for tracking and reporting.

20. Claim Work-Lists Users can view their Claim Work List using selection screen above.

21. Reporting

22. Pricing

23. Pricing & setup comprises the following: 1.Monthly Subscription – Fixed monthly cost based on annual volume of invoices processed. 2.Setup & trainng – Free of charge. System is available to use 3-5 days from receipt of customer’s production data. Commercials: 30 day rolling agreement