Transform Accounts Payable Into a Revenue Center. Supplier Payments Optimization

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1 Transform Accounts Payable Into a Revenue Center Supplier Payments Optimization

2 Supplier Payments Optimization With Virtual Cards Is your p-card program optimizing payments to your suppliers? Does your treasury bank offer a full-service v-card program including: Supplier conversion and enablement Optimal interchange rates Virtual card management and delivery Buyer and supplier customer-service support Reconciliation tools Store Financial s Custom Loop virtual payment card program may be perfect for your brand, your customers and your business goals.

3 What Is a Virtual Card Payment? A V-Card Payment Is: A B2B payment leveraging the MasterCard payment network A single-use payment card issued to a specific supplier for a specific amount via Store Financial s Custom Loop private-label processing service A secure, 16-digit payment number No plastic card needed More secure and less costly than issuing a check or ACH Universally accepted by any supplier with card acceptance capabilities V-Card Payments: Generate a rebate for you, the buyer Can be used to pay any invoice for any payment amount Coexist with P-card and T&E card programs Does not require changes to your existing banking relationship or ERP system

4 Virtual Card Benefit Comparison Supplier Benefits Checks ACH P-Card V-Card Automated processing N Y Y Y Faster payment N Y/N Y Y Security of bank account info Y N Y Y Ease of acceptance Y N Y Y Fraud and security N Y/N Y Y Customized remittance N N N Y Buyer Benefits Checks ACH P-Card V-Card Avoid cost of maintaining bank account info Y N Y Y Avoid manual processing N Y Y Y Earn rebate revenue N N Y Y Process large ticket payments Y Y N Y Avoid card/bank account number breach risk Y N N Y

5 Our Solution Is Broad And Deep Platform Most bank programs only encompass basic v-card delivery Basic V-card Delivery V-card Issuing Buyer payment files V-card Delivery Supplier portal V-card Acceptance Supplier acquiring Deluxe V-card Delivery V-card Optimal Pricing Lower-cost interchange rates Supplier Enrollment Vendor file management Enablement team Call center V-card Static Pricing Lower cost acquiring rates Premium V-card Delivery Payment Processing Automation Accounts payable system integration Supplier Payment Support Customer service Reporting Call center Payment Acceptance Automation Accounts receivable integration

6 Our Solution Is Broad And Deep Treasury bank programs fall short in supplier conversion success rates. Store Financial is a full-service provider, encompassing the entire process chain, which ensures maximum supplier conversion to card payments.

7 Getting Started Planning Phase Your company 1. Signs NDA and engagement letter 2. Provides supplier list and conducts supplier analysis 3. Receives program plan and proposal 4. Signs supplier payments optimization agreement 5. Approves supplier enrollment campaign 6. Approves A/P process and ERP file integration Execution & Support Store Financial 1. Enrolls suppliers 2. Delivers virtual card payments 3. Provides reporting/reconciliation files 4. Provides virtual card payment inquiry support 5. Maintains supplier payment preferences 6. Continues enrollment efforts Your Company Starts Earning Rebates!

8 Final Thoughts Store Financial has the most secure B2B payment solution available More secure than check, credit card and ACH payments even other virtual card payments. Here s why: Store Financial, via its proprietary card processing platform, is the program manager of private-label, single-use, virtual card payments. The payment is transmitted to the supplier via terminal emulation with straight-through processing, and the card number is not revealed to either the buyer or supplier. The transaction authorization is restricted to the specific merchant ID and terminal ID via Store Financial s Custom Loop process, established uniquely for each buyer organization.

9 Final Thoughts Facts about Store Financial s v-card program: Buyers are assured that the full, correct payment amount is routed to the correct supplier. Unlike other v-card payments, the card number is not known by any parties other than Store Financial and the issuing and acquiring banks. V-card numbers cannot be acquired through another merchant POS terminal. V-card transactions cannot be modified, misrouted or lost in the mail. Store Financial v-cards are more secure than Positive Pay, which is offered by banks for check payment security.

10 Contact Us Today How much in rebates can your company earn? Call for a proposal customized for your payer and supplier needs. About Store Financial Providing card payment programs in Canada since 2004 Manages 650 card programs for 450 corporate payers Issuing payments in four currencies: USD, CAD, EUR, and GBP Support 24/7 in English and French Select Customer List Dell Canada Cadillac Fairview Ivanhoe Cambridge AT&T U-verse Shell Canada

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