Who Killed the Paper Bill

Who Killed the Paper Bill? About 20 billion more electronic payments were made by EBPP (Electronic Bill Presentment and Payment) in 2009 than in 2006, that represents a 9.3 percent annual increase. Company X Annual Invoicing Expenses 450 invoices per month Traditional Invoicing 10.24 x 450 x 12= $55,296.00 Cost per Invoice $10.24 $3,402.00 annually on supplies and postage alone TIP: Cut the labor required to send an invoice & process a payment by almost 50% by migrating to electronic invoicing & payment. MERCHANT $41,241.60 in annual labor costs; 260 hours of labor each month $918.00 in annual bank charges for check processing CenPOS EBPP CenPOS EBPP delivers an electronic invoice with a unique payment object to your Customers, so they can pay quickly and securely EBPP is quickly being adopted by several business segments as No integration required a preferred method of invoicing. CenPoS - Non-profits - Academic institutions MERCHANT - Professional services - Telecommunications 75% of all adopters report quicker invoice approval providers Demand for electronic invoicing is likely to increase with paperless processing approaching 50% The EBPP Math is Simple! According to Gartner Inc., when it comes to the bottom line a slight reduction in operating cost is equivalent to a substantial sales increase. 15% = t30% %3D operating costs sales increase - The Gartner Group COST PER INVOICE BREAKDOWN OF INVOICES VIA RECEIPT METHOD ACCORDING TO BUSINESS SIZE 6.04% 7.27%. Small $15.58 4.08% Paper EMAIL Medium $10.24 10.57% FAX Large $10.79 69.62% " EDI Electronic Invoicing Network or Portal 0 5 10 15 20 CenPOS * Graph data represents findings from Paystream Advisors' 2011 Invoice Automation Adoption Survey Creating etfficiencies the Benefits Enterprise to POS level reporting, data mining and analytics. Easy to use; quick and seamless adoption Market-specific customization CenPOS is an intelligent payment processing network that streamlines the payment experience for businesses and consumers by using state-of-the-art technology to reduce risk and replace inefficient, outdated payment systems. Sales: Christine Speedy (954) 942-0483 (877) 630-7960 www.cenpos.com Twitter: @CenPOS