Harnessing financial information to optimise time and business efficiencies

Andre Hattingh Head of Commercial Products CEMEA

NOTICE OF DISCLAIMERCase studies, statistics, research and recommendations are provided "AS IS" and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. When implementing any new strategy or practice, you should consult with your legal counsel to determine what laws and regulations may apply to your specific circumstances. The actual costs, savings and benefits of any recommendations or programs may vary based upon your specific business needs and program requirements. By their nature, recommendations are not guarantees of future performance or results and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Assumptions were made by us in light of our experience and our perceptions of historical trends, current conditions and expected future developments and other factors that we believe are appropriate under the circumstance. Recommendations are subject to risks and uncertainties, which may cause actual and future results and trends to differ materially from the assumptions or recommendations. Visa is not responsible for your use of the information contained herein (including errors, omissions, inaccuracy or non-timeliness of any kind) or any assumptions or conclusions you might draw from its use. Visa makes no warranty, express or implied, and explicitly disclaims the warranties of merchantability and fitness for a particular purpose, any warranty of non-infringement of any third party's intellectual property rights, any warranty that the information will meet the requirements of a client, or any warranty that the information is updated and will be error free. To the extent permitted by applicable law, Visa shall not be liable to a client or any third party for any damages under any theory of law, including, without limitation, any special, consequential, incidental or punitive damages, nor any damages for loss of business profits, business interruption, loss of business information, or other monetary loss, even if advised of the possibility of such damages.

Payments technology company that helps power the global economy

What Is Visa?

What We Are NotWhat We Are

• Credit card company

• Issuer or lender

• Exposed to consumer credit risk

• A global payments technology company that sits at the intersection of 14,600 financial institutions, 2.2 billion Visa cards and tens of millions of merchants.

Global public company (NYSE: V) Headquarters in San Francisco

• Major operations in Miami, Singapore, Dubai and San Francisco Bay Area.

• Visa Inc. has approximately 9,500 employees worldwide.

• Visa Inc.’s clients are issuing/acquiring financial institutions, merchants, and governments.

Enabling Economies

Financial Inclusion By advancing financial inclusion globally, Visa can help improve the lives of financially underserved consumers by enabling them to send, receive and store money, and pay electronically in a safe, reliable and affordable way.

Financial Literacy The Visa financial literacy initiative aims to help people of all ages learn the fundamentals of personal finance. Visa is committed to delivering free educational materials and finding even better ways to help individuals learn to save, spend and budget responsibly.

Partnering with Governments From benefits distribution to procurement, Visa can streamline the business of government, helping to meet the needs of citizens and save governments money.

Thought Leadership Visa continuously conducts research and develops best practice, case studies and white papers. The latest available is “The value of enhanced data for corporate customers and suppliers” and “Optimizing accounts payable functions”.

The shift to electronic payments has had a tangible impact on world economies, helping governments bring more of their citizens into the financial mainstream and enabling smoother, more efficient commerce. How Does Visa support and Contribute to this

Strong Secular Trends Are Driving a Shift to Electronic Payments

Merchants

Business and Governments

Consumers Increasingly attracted to convenience, security, enhanced services and rewards

Looking to improve efficiency, visibility, control, and security

Accepting electronic payments to improve customer convenience

The Evolving Role of the CFO

Source: Ernst & Young / BusinessFinance - The Evolving Role of Today's CFO

CFO’s are facing increased responsibilities, more executive input BUT also increased pressures to manage risk and control cost.

Challenges to drive key business efficiencies

At risk from being provided too much data

You can`t manage what you can`t see

Cumbersome validation process Ineffective data capture Inconsistent policies and measures

Disparate reporting processes Lack of transparency Vulnerable to abuse

Reimbursement cycle Compliance challenge Understanding spend profile

Global Commercial Payments DriversBenefits of commercial card solutions have become more influential in increasing usage

Steady Growth for Influencers

Vendor Requested Commercial Pay-

ment Card

Reduced Payment Processing Costs

Better Payment Terms

Cash Flow Management

Spend Visibility and Control2007 2009

91%93%92%93%90%

52%

64%54%

61%

Source: 2009 Visa Inc. Global Cash Management Survey commissioned by Visa Inc. and conducted by Survey.com, a firm specializing in internet market research

Benefits Of Electronic Payment Solutions

Increased Control

Cost Savings

Increased Efficiency

Improved Supplier Relationship

For data on this page, at 90 percent confidence, a variance of 3 percent is needed to indicate a significant difference (Sample: Mid and large companies)Source: 2011 Global Cash Management Survey, Question 20: What value do you see a card-based accounts payable automation solution providing?

VISA’S EXPERIENCECompanies have leveraged the right information to help drive efficiencies to their organization.

“The benefits of Gardner Denver’s global Visa Corporate card program have already begun to add up. Some of the advantages they’re reaping now include:

• Visibility into global spend, which improves their sourcing • Reduced opportunities for employee misuse or fraud stemming from greater visibility and control • Increased employee satisfaction as a result of automated reporting of expenses…”

“Google cites the following benefits:

• Cost savings of approximately 90% for card transactions versus purchase orders• Time savings of approximately 40% versus manual processes• Greater employee satisfaction from a more efficient process• Increased visibility into employee spend, offering managers greater insight and control over budgets• Faster, more accurate expense reporting”

“The finance department has reported higher accuracy levels while validating transaction amounts and achieved approximately 30% in workload reduction.”

“The auto feed of corporate card transaction to the proprietary expense management system ensures the accuracy of T&E spends.”

Note: All brand names and logos are the property of their respective owners and are used for identification purposes only

“Know where to find information and how to use it – That’s the secret of success.“

Albert Einstein