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Introduction to OnePosting. Introduction to OnePosting. Save up to 77% of billing production costs Reduce the number of customer queries Shorten invoice to payment cycle. Distribute: Statements Invoices PODs (Proofs of Delivery)
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Introduction to OnePosting • Save up to 77% of billing production costs • Reduce the number of customer queries • Shorten invoice to payment cycle • Distribute: • Statements • Invoices • PODs (Proofs of Delivery) • to customers in the most cost efficient way possible, both online and offline
Market Drivers • Achieve “Four-Way Match” • Orders match Deliveries match Invoices match Payments • Gain additional competitive edge by reducing invoice production costs • Utilise the Internet to empower customers and therefore reduce the number of inbound queries received • Reduce the amount of paper used and exchanged with customer
Current Invoicing Production Issues • The cost of printing and posting invoices ranges between 55c and 86c per invoice • An average of 25% of all PODs issued are lost on site by Contractors in the construction industry • An analysis of inbound queries by one of our customers revealed that 60% were looking for copies of documentation, e.g. PODs and invoices • A survey by one of our customers determined that 50% of their customer would be willing to receive invoices electronically • Invoices sent by email do not comply with the EU directive on electronic VAT invoces
OnePosting Partners OnePosting is a brand of Sentrio Technologies, who developed the software. Sentrio has also developed handheld applications that are integrated into OnePosting, as well as an online ERP solution for sales and distribution companies. The OnePosting solution is delivered through a number of partners in the Irish marketplace The production servers used by OnePosting are hosted in the Digiweb data centre, with backup servers hosted in Data Electronics. Invoice printing for the Republic of Ireland is handled by PrintPost, an An Post subsidiary. Invoice printing for Northern Ireland and the UK is handled by ViaPost. If POD scanning is required, it will be processed by either Digital Documents or Glenbeigh Records Management. Dockets can be posted directly to their facilities, or collected from customers in the major urban areas. Business development and sales of the solution.
How OnePosting Works - Invoicing OnePosting Client (Supplier) Client (Supplier) generates invoices Post Online via OnePosting Interface eCommerce Interface Fax Customer Customer Customer Customer Customer Customer Customer Customer Customer OnePosting Client’s Customer(s)
How OnePosting Works - Interactivity POD Item 1 Item 2 Item 3 Statement Invoice 1 9999.99 Invoice 2 9999.99 Invoice 3 9999.99 Payment 9999.99 Invoice 4 9999.99 Invoice 5 9999.99 Balance 9999.99 Internet Browser OnePosting Invoice Item 1 9999.99 Item 2 9999.99 Item 3 9999.99 Item 4 9999.99 Item 5 9999.99 Item 6 9999.99 Total 9999.99 Order Item 1 Item 2 Item 3 Can drill up and down through transactions
How OnePosting Works – Customer Registration 1. Invoice received with invitation details 2. 3. 4. • Customer uses invitation details to register: • Public OnePosting supplier code • Valid account code (from invoice) • Valid invoice number (from invoice) • Email address Additional users can be added Statements/invoices/PODs/orders can be viewed • Customer can nominate additional suppliers to include • Sentrio uses this information to sign up additional suppliers
Conclusion OnePosting is a Capture, Present & Pay solution that enables clients to distribute: Statements Invoices PODs (Proof of Delivery) to customers in the most cost-efficient way possible, both online and offline.