• 97% of businesses said moving to the cloud produces the desired results-reduced costs & increased flexibility

• 67% of companies believe personal mobile devices improve performance and productivity.

• Time saved • Instant Search & Access -Invoices & supporting documents • Unlimited storage • Cloud-based- average $0.00-$20.00/month

125% safer with an ePayment than a check

Lower fees than Credit Cards • ACH-average $0.50/transaction •�Reduce Payables Processing Costs by 67%

Permission levels Backup & disaster recovery Bank level security • Encryption • Multifactor authentication • Privacy certifications

10,00

0

$ $ $$ $ $

$ $ $$ $ $

Referenceshttps://www.fedex.com/ratefinder/standalone?method=getQuickQuote

http://postcalc.usps.com/

http://www.amazon.com/Fax-Machines-Office-Electronics/b?ie=UTF8&node=172582

http://www.verizon.com/smallbusiness/

http://www.att.com/smallbusiness

http://www.business.com/guides/charging-interest-and-late-fees-855/

http://www.stamps.com/usps/postage-rate-increase/

http://www.bls.gov/ooh/office-and-administrative-support/bookkeeping-accounting-and-auditing-clerks.htm

http://www.bls.gov/oes/current/oes132011.htm

http://www.afponline.org/mbr/reg/pdf/2013_AFP_Payments_Fraud_and_Control_Survey_-_Full_Report.pdf

http://www.acfe.com/uploadedFiles/ACFE_Website/Content/rttn/2012-report-to-nations.pdf

http://www.onlinefaxservice.com/

http://www.myfax.com/

http://www.efax.com/

http://www.HelloFax.com

http://www.bill.com

http://shopper.cnet.com/4566-3141_9-0.html

http://www.microsoft.com/en-us/news/Press/2013/Jun13/06-11CloudStudyPR.aspx

http://www.channelinsider.com/c/a/Cloud-Computing/Small-Business-Embracing-Cloud-Computing-Mobility-637435/

http://www.cardfellow.com/blog/average-fees-for-credit-card-processing/

http://en.wikipedia.org/wiki/Interchange_fee#cite_note-Visa_rate_hike-12

http://www.techcentral.ie/19443/empowering-workers-through-technology-and-mobility-drives-productivity-

http://www.itbusinessedge.com/guest-opinions/identifying-and-prioritizing-the-business-benefits-of-mobility.html

http://online-storage-service-review.toptenreviews.com

Mobility:

• Backup Documents

Get Buried.• Invoices lost - Duplicate Payments

- Poor Decisions

- Late fees

Losing Documents:

• Fax machine- $150

• Phone line- $26/month

• Print cartridges- average

$0.33/page• Toner average $0.42/page

• Envelopes $7.00/box of 100

• Postage: First class stamp

$0.46 Overnight: $60.00

Cost of maintaining paper-based payables:

• Paper checks expose your account information & are vulnerable to interception.• Billing schemes & check tampering account for 42% of SMB fraud cases.• A typical organization loses 5% of its annual revenue to fraud.

Lack of Security:

• Lack of collaboration• Less control• Not mobile• Chained to your desk

Paying Manually:

1.

• 61% of organizations experienced attempted or actual payments fraud.• 87% of affected orgs. Report checks were targeted.

Fraud Vulnerability:

`

Frau

d Pr

otec

tion

& M

ulti-L

evel

Sec

urity:

ePay

men

t (A

CH):

Clou

d Do

cumen

t Man

agem

ent:

• Bookeeper: $16.36/hr. avg.• Accountant $34.15/hr. avg.• Chief Executive: $84-$101/hr. avg

Wasting Labor: Valuable staff time wasted managing minutia

2.

4.

3.

5.

6.

6 payments mistakes that are costing your business.

And how to avoid them.