1. Payment Automation Network, Inc. www.PaymentAutomation.net Click your mouse to continue. Press to quit www.PaymentAutomation.net

2. Cash Flow Solutions For Business

3. Cash is the life blood of any business “ Four out of five small businesses fail in the first two years due to lack of capital (cash flow).” Small Business Administration

4. The Problem: Billing & Collections It’s expensive to do Customers often don’t pay on time …Both of Which Result in CASH FLOW Problems!

5. The Need: Cash Flow Invoicing the Customer is Expensive : –Average Cost: $4.17 per invoice for small businesses* –Internet research shows the average cost to be $9.65 for all businesses Forms, Envelopes Postage Accounting Labor Follow-up Labor Equipment/Overhead Cost of Outstanding Money * Source: 1998 Study by Harvard Business School

6. Innovative Services Billing & Invoicing ServicesOther Cash Flow ServicesPre-Authorized Checking

8. What would it be worth to you if you could get payments from your customers on the same day of the month…every month…without ever sending out an invoice? Our Clients Say… “It’s Worth A Lot!!”

9. The Traditional Billing Process Business’ Bank Customer’s Bank Business Invoice is Sent Payment is Returned Customer

10. How Pre-Authorized Checking Works  Your customer completes & signs the pre-authorized payment form  You forward the customer information to our processing center via telephone, fax, US Mail or delivery service  We enter your customer’s information into our system  We print a paper demand draft (check) on the same day(s) each month and deliver them to you for deposit

11. You’re Already Familiar With This Service Used for years by... Mortgage Companies Insurance Companies Health Clubs Now Pre-Authorized Checking Is Available To Every Business… Including Yours.

12. Other Businesses Using Our Services Pager and Voice Mail Services Self-storage Rentals Private Schools Trash Pick-up Companies Non-Profit Organizations Churches/Synagogues Answering Services Trade Schools Newspapers Lawn Services Alumni Associations Apartments Bottled Water Companies Cable TV Services Day Care Centers Pool Services Public Radio & Television Home Security Companies Utility Companies … and Many More

13. Why Do You Need Drafting?  Regular monthly payments come in automatically  Customers that pay over a period of time pay regularly  You can save money by not sending out monthly bills or invoices

14. Why Do You Need Drafting?  Even if you don’t use drafting, your competition will  You can use the time and money spent on collections as profit  You can offer your customers another payment option

15. How Much Does It Cost? We charge a small fee per check Fee ranges from $1.50 to $3.00 depending on: –Number of customers participating –Anticipated length of relationship A small price to pay for the peace of mind you’ll get from having your customers’ payments IN YOUR HAND!

16. Example: Home Security Co.  1,000 customers  $30 average monthly fee  $30,000 monthly revenue  Send out invoices @ $4.17 each  1,000 customers x $4.17 = $4,170 It’s costing over $4,000 a month to collect $30,000! Not Using Pre-Authorized Checking

17. Example: Home Security Co.  1,000 customers  Half participate in PAC (500 Customers)  500 still cost $4.17 each = $2,070  500 now at $1.50 each = $750  Total invoicing cost now just $2,820 per month A Savings Of $1,350 A Month… & Half Of All Money Is Collected Instantly! Using Pre-Authorized Checking

18. How Much Money Can You Save?  Tanning Salons – 500 Customers  Save $1,335 per month for each location  Child Care - 1,500 Customers  Save $4,005 per month  Condo Association - 250 Units  Save $668 per month  What About You??? Examples (assuming $1.50 fee per check)

19. How Much Money Can You Save? What Is It Worth To Have: Your customers’ payments in your hand Ready to deposit On the first day of the month Every month

20. The Bottom Line: Get Your Bill To The TOP of The Pile When your customer is deciding whether to pay you or someone else, isn’t it nice to know that we get YOUR money automatically?

21. Your Options: Large Payment Processing Companies  Want only large accounts  No local service  Too expensive for small merchants  Limited services  Customer service issues

22. Other Options: Institutional Banks  “Hidden” Fees  Conversion fees, diskette processing fees, debit fees, reversing fees, correcting fees, credit fees, origination fees, pre-note fees, addenda record fees, return item fees, notification of change fees and monthly account minimum fees  Software to buy or lease  Complete Credit/Background Checks may be involved  Processing options may be limited  5 Day Pre-delivery Prior to Processing  2 Week Pre-notification of Changes/Additions  10% to 20% Reserve At All Times  YOU DO ALL the Work  Initial Data Entry and Updates, Backups, Modem Transfers, Follow-ups

23. Why Use Us? It’s Simple We do all the work Provide all paperwork & documentation No hidden fees No credit checks on customers No software to buy, learn, or maintain Changes are easy to make WE GET YOUR MONEY… YOU RUN YOUR BUSINESS!

24. Enrollment …Simple  One-page agreement  No long term commitment  We send notice to your bank  You’re done

25. Billing & Invoicing

26. Professional Billing and Invoicing  Monthly Invoicing/Billing  For customers who will not sign up for a draft  We can handle an unlimited number of customers  Fixed or Variable Billing  Invoices are sent on time every month  You never have to chase your money again

27. Billing Services: Savings Example  Same Home Security Co. With 1000 Customers  Only 500 are on Pre-Authorized Checking  That Leaves 500 Customers to Invoice  Your cost was $4.17 per invoice  We will do the work for half… $2.08 per invoice  500 customers @ $2.09 savings per customer = Savings of $1,045 Every Month

28. Enrollment? Again … Simple  One page agreement  No long term commitment  We take care of your billing from the day you sign up  You’re done

29. Payment Automation Network, Inc. CALL (800) 813-3740 or visit www.PaymentAutomation.net www.PaymentAutomation.net