©CRISP Technologies www.crisptech.com

CRISP Technologies

introduces

InvoiceCheckInvoiceCheck®®

““Your Automated Invoice Processing Solution”Your Automated Invoice Processing Solution”

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The Invoice Processing ChallengeThe Invoice Processing Challenge

High volume Multiple vendor invoices Varied rates Multiple billing cycles Tedious data entry Time-consuming approval cycle Late payment charges Discount management Hard-to-catch billing errors

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Process Chart – Manual vs. AutomationProcess Chart – Manual vs. Automation

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The InvoiceCheckThe InvoiceCheck®® Solution Solution

Import data from vendors

Data Repository

Export to Accounting System

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InvoiceCheckInvoiceCheck®® Supported Vendors Supported Vendors

ENERGY UTILITIESENERGY UTILITIES

TELECOMMUNICATIONSTELECOMMUNICATIONS

TRAVELTRAVEL

LEASINGLEASING

TRUCKINGTRUCKING

SUPPLY & SERVICESSUPPLY & SERVICES

Continually adding new vendors

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InvoiceCheckInvoiceCheck®® Financial System Interfaces Financial System Interfaces

Dunn & BradstreetDunn & Bradstreet EnvisionEnvision OracleOracle PeopleSoftPeopleSoft PlatinumPlatinum Q-byteQ-byte SAPSAP

Continually adding new interfaces

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InvoiceCheckInvoiceCheck®® Features Features

Consolidated invoices Electronic file transfers Quick data load and processing Electronic invoice verification Exception and variance reporting Detailed data repository Management & financial reporting Simple export to accounting systems

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InvoiceCheckInvoiceCheck®® Reporting Features Reporting Features

Operations analysisOperations analysis Demand and consumptionDemand and consumption Billing detail analysisBilling detail analysis Financial analysisFinancial analysis Audit reportsAudit reports Web-basedWeb-based Data selection filtersData selection filters Store custom criteria and parametersStore custom criteria and parameters Flexible accessFlexible access Over 70 built-in reportsOver 70 built-in reports

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InvoiceCheckInvoiceCheck®® Benefits Benefits

Reduced paper flowReduced paper flow Stop payment errorsStop payment errors Eliminate late payment chargesEliminate late payment charges Better charge verificationBetter charge verification Reduced payment processingReduced payment processing Powerful reporting and analysis toolsPowerful reporting and analysis tools Time and billing cost savingsTime and billing cost savings

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InvoiceCheckInvoiceCheck®® Annual Savings Annual Savings(Example: A midsize Oil & Gas company(Example: A midsize Oil & Gas company)

360

15

30

324110

300

350

400

450

Do

llar

s $,

000

Before After

Time CostInterest CostBilling Cost

Actual savings = $70,000 from one vendor module

405

335

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InvoiceCheckInvoiceCheck®® Investment Investment

InvoiceCheckInvoiceCheck®® base system: base system: One vendor moduleOne vendor module One accounting system interfaceOne accounting system interface Three concurrent usersThree concurrent users

Additional optionsAdditional options

Installation and trainingInstallation and training

Yearly maintenanceYearly maintenance

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InvoiceCheckInvoiceCheck®® Return On Investment Return On Investment

Savings start in the first month of processing Savings start in the first month of processing one vendor file through InvoiceCheckone vendor file through InvoiceCheck®®

Full cost recovery in less than 6 monthsFull cost recovery in less than 6 months

ROI increases with each additional vendor ROI increases with each additional vendor module ! module !

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What Our Customers Are SayingWhat Our Customers Are Saying

“With the implementation and utilization of the product, we have achieved significant time savings in data entry and processing of utility, vehicle leasing and gas chart invoices. The system also enables us to provide important data analysis to our Operations staff, resulting in substantial cost savings”

* Penn West Petroleum *

“Considerable time saved each month while enhancing the integrity of our accounting records”

* Devon Corporation *

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System & Interface FeaturesSystem & Interface Features

Windows (98, NT, 2000, XP and beyond)Windows (98, NT, 2000, XP and beyond)

SQL Database of Choice:SQL Database of Choice: OracleOracle SybaseSybase SQL ServerSQL Server OtherOther

Microsoft Web ServerMicrosoft Web Server

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InvoiceCheckInvoiceCheck®® Implementation Implementation

Step-by-step installationStep-by-step installation Business process integrationBusiness process integration On-site assistance availableOn-site assistance available Hands-on trainingHands-on training Documentation and on-line helpDocumentation and on-line help Ongoing maintenance and supportOngoing maintenance and support

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Easy InstallationEasy Installation

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InvoiceCheckInvoiceCheck®® Summary Summary

Unique Data-Warehouse, specifically designed for Unique Data-Warehouse, specifically designed for Accounts PayableAccounts Payable

Automates and streamlines Invoice Processing; Automates and streamlines Invoice Processing; supports all Vendor Invoices with direct feed into any supports all Vendor Invoices with direct feed into any Financial SystemFinancial System

Supports Supports Sarbanes-OxleySarbanes-Oxley business practices and business practices and requirements requirements

Produces powerful consolidated Management Reporting Produces powerful consolidated Management Reporting

Eliminates redundant business processes, reducing the Eliminates redundant business processes, reducing the cost of handling complex invoices by up to cost of handling complex invoices by up to 80%80%. .

Exponential Return on Investment from the first month Exponential Return on Investment from the first month of processingof processing

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InvoiceCheckInvoiceCheck®® Opportunity Opportunity

Flexible pricing based on:Flexible pricing based on: Base systemBase system Add-on optionsAdd-on options

Affordable investment in Affordable investment in Business to Business AutomationBusiness to Business Automation

Exponential Return On Exponential Return On Investment Investment

from the first month of from the first month of processingprocessing