Jeff Jordan March 24th, 2009

2. Case Study:First to MICR Laser Checks Then to EPayments Jeff Jordan March 24th, 2009

3. ACOM Solutions, Inc. What we do Develop and market a suite of transactional document solutions targeted at optimizing Purchase-to-Pay and other corporate document-based processes Key market differentiators Strong expertise in finance department document processes QAD Partner for 11+ Years

4. Our Solutions… Automate Your Customers’ Document Management Processes Purchase Order Processing ACH for Accounts Payable Invoicing Report Distribution Integrate with any ERP

5. Who is…? Norman Henry, CMA Vice-President Finance & Information Technology Leatherman Tool Group, Inc. Joined the company in 1992 • Implemented MFG/PRO: 1994 • Implemented ACOM - EZ Pay: 2005 5

6. Leatherman Tool Group, Inc. Established in 1983 Located in Portland, OR Employees: 400 Base Temporary Workers may exceed 200 6

7. Creation… 7

8. Innovation… Multi-purpose tools 8

9. Growth… Other Products 9

10. Value… 10

11. Operating Status • 2005 • Running MFG/PRO; eB • A/P staff size: 1 • Single bank account • Weekly checks issued: 100+/- • Paper checks: 100% • Weekly batch processing • Dual signatures (VP’s) • 2009 • Running MFG/PRO; eB 2.1 • A/P staff size: 1+ FTE • Single bank account • Weekly checks issued: 150+/- • Paper checks: 60% • ACH payments: 40% • Daily payment processing • Manual signature > $100K 11

12. Business Issues (2005) • Manual signatures on checks • Non-value added • Dual signatures from Vice-Presidents • Dependency on availability of signers • Security • Pre-printed check stock with account information • Controlled access required • Operational Improvement • Processing and filing time • Photocopying of checks issued • Filing • Flexibility on timing of payment issuance 12

13. Traditional Check Process Store & Inventory Print Checks & Remittance Preprinted Check Stock Manual Route Bursting, Decollating, Signing File Check Copy & Supporting Docs Manual Route Prepare Check for Mailing Supplier Receives Payment Mail Check

14. Process to a Solution • Evaluation Team • Finance • Information Technology • Criteria; Requirements/Desires • MFG/PRO integration • Ease of integration • Experience with MFG/PRO application • Cost-effective • Price • Fees; on-going costs • Implementation; resource time and effort • Flexibility; options • ACH payments • Positive Pay • Scalability to keep up with growth 14

15. The Search and Evaluation • Solution providers • ACOM • QAD Explore Conference • Direct mail; e-mail • Other providers • Evaluation • Website information • Sales personnel • Demos • Match with criteria • References • Selection • ACOM’s EZ PayManager (EZPM) • Prepared Capital Expenditure Request 15

16. QAD with benefit of ACOM’s Solution QAD Financials QAD Financials Payment Selection -Automatic

18. QAD with benefit of ACOM’s Solution QAD Financials QAD Financials Payment Selection -Automatic Review & edit data from report Give report to Approver Payment Automatic Checks

20. QAD with benefit of ACOM’s Solution QAD Financials QAD Financials Payment Selection -Automatic Review & edit data from report Load check stock in MICR printer E-mail alert: FTP Check File sent to EZPM Give report to Approver Payment Automatic Checks

21. QAD with benefit of ACOM’s Solution Issuing Checks QAD Financials Log in to EZPM Activities Tab Process Payment window shows checks to print Verify check count & Batch $ matches QAD Check box to Print with Duplicate; click Process icon

23. QAD with benefit of ACOM’s Solution Issuing Checks QAD Financials Process Detail report - Total $; e-mailed to EZPM Group Log in to EZPM Prints Checks on MICR printer • Fold & mail checks; • Signature • X$ Activities Tab Process Payment window shows checks to print Verify check count & Batch $ matches QAD Check box to Print with Duplicate; click Process icon File check copy and documents Prints check copy on regular printer

24. QAD with benefit of ACOM’s Solution Using ACH QAD Financials Process Detail report - Total $; e-mailed to EZPM Group Log in to EZPM Log in toon-line banking website; export file Activities Tab Process Payment window shows checks to print Verify check count & Batch $ matches QAD Check box to Print Duplicate only; click Process icon Click icon > FTP file E-mail or FAX issued File check copy and documents Prints payment copy on regular printer

25. Leatherman Staff Reactions… “ACOM’s support staff worked really well with us to make the implementation easy.” Marjan, IT Manager “I was so happy when I no longer had to photocopy each check!” Rita, A/P Administrator “It just works…” Yizhi, MFG/PRO Analyst

26. What’s next… • Vendor Self Service • ACH setup • Document Archival • Avoidance of paper filing • Ease of retrieval

27. Leatherman's Advice… • Create a Process map showing the flow • Look for waste in the process • Manual signatures • Security delusions • Consider impact on suppliers • Payment management • Methods of payment • Evaluate integration with QAD Financials • Make your life easier • … the life of the A/P team

28. Q & A

29. Contact Information Norman Henry Vice President Finance & IT Leatherman Tool Group, Inc. 503-253-7826 hennd@leatherman.com

30. Jeff Jordan Regional Sales ManagerEmail: jjordan@acom.comWebsite: www.acom.com ACOM Solutions, Inc. Phone: (800) 347-3638 ext. 4311 2850 E. 29th Street · Long Beach, CA 90806 30