partnership with isabel · partner confidential •1 partnership with isabel towards a win win...

Partner Confidential •1

Partnership with Isabel

Towards a Win Win situation

© Copyright - Isabel 2006 – All rights reserved. ZOOMIT is a registered trademark by Isabel NV/SA

•2

Agenda

Company update Jean-Paul de CannièreSales Manager

Isabel 6, Bankit

The common opportunity Regis VerschuerenSenior Product Marketing Mgr Business Solutions

New Partner Program Didier BruyneelPartner Manager

Break

Isabel 6, Zoomit

Introduction Didier Bruyneel

“e-Invoice Bridging” Micheline ClaesVice-President of the IEC-IAB

Zoomit Booking of electronic invoices Nicolas CorluyProduct manager ZOOMIT

Closing drink


•3

Isabel growth strategy

Time Frame

Horizon 1:Consolidate leading position in Belgian enterprise payment services (Isabel 6, SEPA)

Horizon 2:Drive growth in emerging new businesses in Belgium(eGovernment, eInvoice, Zoomit, SEPA)

Horizon 3:Consolidate international growth


•4

Horizon 1 : January 28, Isabel 6 is SEPA Compliant


•5

Horizon 2 : New and existing eInvoice customers


•6

A xa

C B C

C e n t e a

C re L a n

D e x ia

F in t ro

F o r t is

IN G

K B C

Horizon 2 : Major Banks are Zoomit Ready

Apr. 2008

Oct. 2008

Apr. 2008


•7

Horizon 3 : Luxembourg Project New Multiline in Production

• 8 banks joined forces to deliver one solution “New MultiLine” to their Luxembourg

business customers

- Banque de Luxembourg

- Banque et Caisse d’Epargne de l’Etat, Luxembourg

- Banque Raiffeisen

- Dexia Banque Internationale à Luxembourg

- Entreprise des P&T

- Fortis Banque Luxembourg

- ING

- Société Générale Bank & Trust


•8

Isabel: Revenues evolution

20000

25000

30000

35000

40000

45000

2002 2003 2004 2005 2006 2007


•9

Agenda


Isabel 6, Bankit



Break

Isabel 6, Zoomit




Closing drink


•10

External factors influencing our business

For our customers: the financial professional

• Regulation and compliance become more and more important

• Efficiency, automated processes are key to remain competitive

• SEPA is a reality, sometimes an opportunity but in any case an obligation


•11

Isabel’s answer to ever more demanding customers: Isabel 6

Isabel 6 brings new benefits to the Financial Professional

• Convenience

• Teamwork

• Efficiency

• Financial control

• Cost savings

IBS5 will not be upgraded for SEPA

Isabel 6 is the SEPA solution, up to date and future proof


•12

Convenience

• Isabel 6 is web based

- Isabel 6 is always available

• No installation, reorganisation, back-up, …

- Access from multiple PC’s and multiple locations

• All you need is Internet & Security components

• All your accounts in all your banks on one screen

- How much money on all my accounts ? One blink and you now for sure.

- Did a customer pay ? One search and you know for sure

- Is a supplier paid ? One search and you know for sure

- What account or bank to use for a payment? Just pick.

• One application, one way of working

• Top security with the Isabel Secure Signing Card


•13

Team work

• Delegate with confidence to employees or business partners

- Read only profile : no payment = only reporting

- Multiple profiles : Encoder, Signer

- If amount exceeds defined threshold more signatures are

required

- Access rights per Bank account : Private accounts are shielded

• Share data with your colleagues (if access rights)

- Counterparties, transactions, bank statements, history

• Invite to sign per email

- Automatic processing when enough signatures

• Everyone signs on his own PC and from his own location

- Desks, floors, offices, sites, countries, home,…


•14

Efficiency

• Eliminate time consuming, error prone and boring date entry

- Isabel is a service in accounting software. Just press the Synchroniser button !

• Send payments from Accounts Payable

• Collect you bank statements and start reconciliation

- Create quality time

• Save 5 hours per week (@ 130 transactions per week)

• Use time to improve your job content: financial management

• Use time to extent your job content

• Use time to improve your quality of life

• Reporting facilities

- Create reports in PDF and mail them

- Import report data in Excel and process data

- Intra-day & Future information


•15

Financial control

• Isabel 6 offers an extended Audit trail

- Who has done what and when.

• Isabel 6 offers top security with Isabel Secure Signing Card

- No limit on transactions

- Power Management

• Checksum on files during exchange

- Avoid modifications between Isabel and accounting package

• Contribute to compliancy with Audit requirements (e.g. SOX…)


•16

Cost savings: cut the paper

• Access to Zoomit

• Access to eGovernment

- Intervat

- Vensoc

- Finprof

- Nationale Bank – Banque Nationale

- RSZ-ONSS : Dimona, DMFA, ….

- Local administrations

• Access to 3 Party applications

- eBanking

- eCommerce


•17

SEPA solution

• Isabel 6 is a full SEPA compliant solution

- Easy wizard for optimised transaction formatting

- SEPA formats for data exchange (XML and CODA 2.1)

- Conversion tool

Up to date & future proof

• Isabel 6 is continuously connected to the Banks

- Extended validation of transactions : less rejections, less costs

- Extended error messages : easier to correct issues in time

• Isabel 6 is Web based

- The applications and tables are always up-to-date

- No need to migrate data to a new PC


•18

The common opportunity:

Customers have to update their Financial solution to

• Guarantee compliance

• To remain competitive

• To be ready for SEPA

Let’s work together in a win-win solution to get rid of their “old stuff” and give them the unique added value:

A completely integrated financial flow:

Your Accounting software and Isabel 6 Synchroniser


•19

The common opportunity:

50% Using Import/Export 50% Not using Import/Export

50% Not using solution from Isabel Software Partner

55.000 companies Use Accounting

software and import/export Isabel

⇒Demonstrate additional value

Accounting software including

Isabel 6 Synchroniser

55.000 companies

May not have Accounting software and

do not use import/export Isabel

=> Demonstrate additional value

Accounting software including


Demonstrate benefit of switching to solution

from Isabel Software Partner including


Our customer survey reveal that:


•20

Isabel 6 launch in 3 steps

1. Pilot Phase- Started 28/1/08

- For customers needing SEPA and eager to use the new Isabel 6 benefits

- Time before launch used to get all customer ready for Isabel 6

2. Launch Phase- Foreseen as from October, gradual uptake foreseen

3. Massive migration phase- All customers are brought to Isabel 6 because of SEPA

obligation


•21

Current roadmap Isabel 6

Q1 Q2 Q3 Q4

2010

Pilot

Q1 Q2 Q3 Q4

2007Q1 Q2 Q3 Q4

2008Q1 Q2 Q3 Q4

2009

Final Migration

Prepilot

SEPA Pilot

Phase1

Phase 3

Phase 4

Phase2

Launch Massive Rollout

R 1.7 R 1.7bis R 1.8 R 1.8bis R 1.9 R 1.9bis R 2.0

Evo

luti

on

of

sta

nd

ard

s

• Existing formats for Domestic and International • Existing formats for Domestic and International

• XML with Belgian Implementation guidelines (preferred) SEPA & non-SEPA CT (28/01)

• Introduction of a new paper form for SEPA compliant payments

Credit Transfers

• Only XML

• Existing formats for DOM’80 & Dom’70• Existing formats for DOM’80 & Dom’70

• XML for SEPA DD (preferred)

• Assisted migration from DOM to SDD

Direct Debits

• Only XMLfor SEPA

• CODA 2

23/03/2007; Migration to CODA 2

• CODA Version 1

Account information

• CODA 2 (preferred) (STOP 1/1/2012)

• XML Statements (01/01/2010)

2007 2008 2009 2010


•22

Agenda


Isabel 6, Bankit



Break

Isabel 6, Zoomit




Closing drink


•23

Zoomit: some early adopters


•24

Zoomit Partners

• Software Partners

• Document Service Providers


•25

Agenda


Isabel 6, Bankit



Break

Isabel 6, Zoomit




Closing drink


•26

E-Invoice Bridging

Micheline Claes,

Vice-Voorzitster IAB – Vice-Présidente IEC


•27

Agenda


Isabel 6, Bankit



Break

Isabel 6, Zoomit




Closing drink


•28

e-Invoicing the way to success


•29

Cocktail for success in B2C

• Take top companies in social, telecom, utilities and insurance sector

• Deliver invoices in 1 secured, widely used environment

• Integrate with the payment


•30

Cocktail for success in B2B

• Cost saving for sender

• Volume through large billers

• Fast, reliable and secured delivery

• Integration with payment

• Faster and improved cash collection

Smooth integration at

receiver side !


•31

Smooth integration at receiver

• Integration in accounting package

• Standard invoice format

• Standard flows

• Standard accounting

• EC Expert Group on Electronic Invoicing

“Making value chains more efficient reduces cost; improving the

certainty of the environment in which they operate makes them more

competitive. Therefore achieving value chain efficiency and certainty is

a foundation for innovation.”


•32

Standard invoice format

• XML is becoming the standard

- Payments: SEPA XML (ISO 20022)

- Invoices: e-SEPA (extension to SEPA)

• Zoomit

- Default: Finvoice SEPA (ISO 15000 & ISO 20022) – Available now !

- Able to support other formats


•33

Standard flows


•34

Standard accounting

• e-Invoicing offers more possibilities

- Integration with payment

- Easy and orderly archiving

- Share invoices (e.g. external accountant)

- Straight-Through-Processing in accounting

• Standardised accounting

- UN/CEFACT TBG12: the production, maintenance and co-ordination of standard messages in the fields of accounting and auditing and provision of financial information services

• Accounting token

- Automatic generation and recording of entries in accounting


•35

Accounting token

A specific account for recording debits and credits to general accounting, cost accounting or budget accounting.Le compte précis où sont enregistrés les débits et crédits en comptabilité générale, analytique ou budgétaire.

Journal_ Accounting Account. Details

<InvoiceDetails> <NormalProposedAccountIdentifier />

The unique identifier for this accounting sub account. Identification unique d'un sous-compte (numérique ou alphanumérique) d'un plan des comptes utilisé par l'entité.

Journal_ Accounting Account. Sub Account. Identifier

<InvoiceDetails> <ShortProposedAccountIdentifier />

The unique identifier for this accounting main account. Identification unique du compte principal (numérique ou alphanumérique) du plan des comptes utilisé par l'entité.

Journal_ Accounting Account. Main Account. Identifier


•36

Reports

<InvoiceRow> <ReportItem />

The unique identifier for this item to fill in this report. Identifiant unique de l'information à compléter dans ce document de reporting ou formulaire.

Journal_ Report. Filing Item. Identifier

<InvoiceRow> <ReportItemList />

The unique identifier of the list of items to complete in a report. Identifiant unique de la liste d'informations àcompléter dans un document de reporting ou formulaire.

Journal_ Items List. Identifier

<InvoiceRow> <ReportName />

The unique name of a report. Le nom unique d'un document de reporting ou formulaire.

Journal_ Report. Name. Text

VAT, Intrastat, Intracom, …

A specific report to complete with values calculated from accounting entry lines such as revenue, tax return, financial statements, etc. Un document de reporting ou formulaire àcompléter par des valeurs extraites ou calculées depuis des lignes d'écritures de la comptabilité comme impôts, déclaration fiscale, états financiers, etc.

Journal_ Report. Details


•37

B 2 B & F i n v o i c e S E P A

a v a i l a b l e f r o m

S e p t e m b e r 2 0 0 8


•38

Agenda


Isabel 6, Bankit



Break

Isabel 6, Zoomit




Closing drink

Partner Confidential •39

Thank you!

partnership with isabel · partner confidential •1 partnership with isabel towards a win win...

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