paper invoicing app - indonesia fintech startup

Paper Mobile Invoicing & Payment Solution 1

Mobile Invoicing & Payment SolutionJEREMY L. LIMMANYOSIA SUGIALAM


Why Us?

JEREMY LIMMANCEO & Co-Founder

[email protected] [email protected]

YOSIA SUGIALAMCTO & Co-Founder

Jeremy Leonardo Limman is the business analyst for Paper. His degree in Industrial Engineering from USC and experience from Accenture and startups were precursors to his interest in Fintech and Enterprise applications.

Yosia Sugialam is the lead IT in Paper. He graduated with Computer Science degree from UCLA and MBA degree from Loyola Marymount University in Los Angeles. Yosia’s passion in technology led him to his stint at Symantec and co-founding of Lakuin which won Ideabox competition in 2015.


PROBLEMS

SOLUTIONS

MARKET ANALYSIS

FUTURE PLAN

WHY US?


Most business owners want to start a business doing what they love. For instance, a chef wants to open a restaurant and focus on cooking and creating dishes. However, at the same time they also have to deal with administration and management of the business.

Due to inexperience and small scale, most business owners struggle to keep their finances in order. As a result, they have poor understanding how well their business is performing.

The lack of proper financial report and credential with financial institutions will hinder their access to financing. Hence, many still rely on self-financing and/or non-formal financing sources

Business Owner’s Problems

THEY WANT TO FOCUS ON THE FUN ASPECT OF THEIR BUSINESS

FINANCE IS NOT MANAGED WELL AND HENCE MANY DON’T KNOW WHETHER THEIR BUSINESS IS DOING WELL

RELY ON SELF-FINANCING AND/OR INFORMAL FINANCING SOURCES DUE TO POOR ACCESS TO FINANCIAL RESOURCES


Their Pain Points

WANT (MORE) FREEDOM FROM

ACCOUNTING AND ADMINISTRATION

LOSE TRACK OF A/R AND PAYMENTS

TAX MISREPORTING

LOSE TRACK OF CASHFLOW

THE FUN ASPECT01

FINANCE IS NOT MANAGED WELL

02

SELF-FINANCING AND/OR NON-FORMAL FINANCING SOURCES

03

PROBLEMS PAIN POINTS


PAPER

Our Solution

Create Invoice, receive payment and track unpaid invoices and reconcile payment easily

Receive payments through various mobile and online payment providers

See a simple, automatically-generated cashflow-based financial statement

OUR DATA-DRIVEN INVOICING AND PAYMENT APP SOLUTION WILL HELP BUSINESS OWNERS OVERCOME THEIR PAIN POINTS

PAPER


Core Value Proposition

EASY BUSINESS MANAGEMENT

INTELLIGENT REPORTING AND

INSIGHTSACCESS TO FINANCE

$$$

OUR CORE VALUE PROPOSITION IS TO ALLOW BUSINESS OWNERS TO MANAGE THEIR BUSINESS EASILY AND EFFECTIVELY THROUGH EASY-TO-USE SOFTWARE, INTELLIGENT REPORTING AND PROVIDING ACCESS TO FINANCE


Technological Advantage

Mobile Payment

Machine Learning

Intelligent Insight

OFFERING MOBILE PAYMENT IS KEY TO OUR STRATEGY IN MINING VALID DATA OF OUR USERS AND GENERATE INTELLIGENT INSIGHTS SUCH AS THEIR BUSINESS HEALTH AND CREDIT-WORTHINESS


Market Size

ONLINE SELLERS

SELF-EMPLOYED SERVICE PROVIDERS

ACTIVE SME’S

TOTAL SME’S 60,497,308

42,348,116

14,339,209

600,000

Cloud service delivery is driving the market forward by deepening the market to the large pool of Indonesian small- and medium-sized enterprises and drive spending growth higher.”

-BMI Research

TARGETING AND CATERING TO ONLINE SELLERS WILL BE OUR PATH TO APPROACH THE SME MARKET

IDR 40.43 Trn

11.7%Est. Software Sales in Indonesia in

2020CAGR

1.92Ave. no. of employee per SME in 2016


0

Global Trends

24% of customer bills in are E-Invoices. Majority favors direct exchange of E-Invoice. Government is moving to E-Invoice by 2018.

60-70% are E-Invoices. E-Invoice initiative is pushed by government for tax compliance. Data mining is conducted to combat tax evasion. Next step is full electronic solution based on XML file with digital signature.

NORTH AMERICA

LATIN AMERICA

APACRelatively low E-Invoicing adoption in B2B and B2G. First step is in B2C. Advanced countries are more likely to adapt tax-focused approach of Latin America. Integration with E-Procurement can be the driving engine of E-Invoice adoption

Source: http://www.billentis.com/einvoicing_ebilling_market_overview_2016.pdf/

REPLACEMENT OF PAPER INVOICE BY E-INVOICE IS RISING WORLDWIDE, WITH FASTEST ADOPTION IN LATIN AMERICA AND EUROPE, DRIVEN BY GOVERNMENT INITIATIVE FOR TRANSPARENCY AND TAX COLLECTION

OPPORTUNITY LIES IN SETTING STANDARDS AND AUTHENTICATION FOR DIGITAL INVOICE EXCHANGE


1

Our Milestones and Future Plan

Apr ‘16

Aug ‘16

Nov ‘16

Feb ‘17

Aug ‘17

Dec ‘17

OUR JOURNEY TO A THOUSAND USERS

Beginning of development

030

100300

600

1,000

Beta launch of Web AppAPI for Mobile

Mobile AppInventory ManagementPayment IntegrationDeal with first channel partnerKey BD Hire

Intelligent ReportsTargeted AdsDeal with five channel partnersDeal with a Financing partner

Intelligent InsightsCredit RatingFinancial Offering

Technical Milestone Business Milestone

THIS IS WHERE WE

ARE!


2

WANNA HEAR MORE ABOUT PAPER AND THE TEAM BEHIND IT?

Contact us at [email protected] or +62-812-8888-994

mailto:[email protected]