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Corporate Dining Overview

Corporate Dining Overview. September 2014. Historical Gap. More than $50 Billion spent by corporations and small businesses in restaurants annually. Restaurants. Corporations. Restaurants have not been able to formally and systematically establish relationships with corporations.

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Corporate Dining Overview

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  1. Corporate Dining Overview September 2014

  2. Historical Gap More than$50 Billion spent by corporations and small businesses in restaurants annually Restaurants Corporations • Restaurants have not been able to formally and systematically establish relationships with corporations • Corporations have not been able to manage dining expense as they do most other T&E expenses 2

  3. Why Dining ? - 3rd Highest Corporate T&E Category 3 *According to the Concur 2013 Expense IQ Report

  4. Where Does Dining Spend Come From ? EXECUTIVE MANAGEMENT CATERING COORDINATORS EVENT PLANNERS BUSINESS TRAVELERS 10% of total corporate T&E budget 4

  5. ManagingYourDiningSpend • Spend highly splintered & no predominant vendors • Little opportunity for centralized purchasing • Traditionally difficult to achieve share shift • Seamless for travelers / card holders • No Personally Identifiable Information (PII) collected or used • GSAwill have a “Preferred” Restaurant Network • Utilize procurement based techniques and technologies

  6. The Dinova Process- How it Works

  7. Example of Dinova Chain Restaurant Partners 7

  8. Leading Local Restaurant Groups 8

  9. Virtuous Circle G S A Employee LAUNCHES & SUPPORTS PROGRAM • Initial Announcement • Publishes policy/preferred list • Educates employees / admins • Monitor compliance to save money MAKES DINING DECISION • Use preferred Network when able • Search & find appropriate restaurantfor • Customer Entertaining • Business Travel • Meetings • Department outings and events • Catering Orders Virtuous Circle Dinova Restaurant ENSURES SUCCESS • Manages flow of data and funds between parties • Compliance reporting to GSA • Sales reporting to restaurants • Ongoing network development and balancing ENTERTAINS GUEST • Provides quality food and ambiance • No special process/equipment/training • Verifies Transactions 9

  10. Example of Mobile SearchAvailable on all web enabled smart phonesFind local Dinova restaurants and with one touch: call, get directions, access restaurant’s website & make reservations

  11. Note on GSA Corporate Card Data • Dinova does not receive, capture or use any personal or individual information (no “PPI” collected or utilized) • Dinova works with all leading corporate card programs: American Express, Diners, MasterCard and Visa. • Dinova currently collects monthly data reports from the 3 major issuers of the GSA SmartPay Visa and MasterCard programs: • Citibank • JP Morgan Chase • U.S. Bank

  12. KeyConsiderations • Potential savings are significant and incremental • No cost and no significant resource risk • No sensitive data required (No “PII” captured or used) • Can coordinate with existing restaurant programs and relationships (if any) • Internal communication & support required and is key to success

  13. Discussion www.dinova.com

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