Citi Integrated Freight Processing. Optimize Working Capital Achieve Supply Chain Efficiency

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1 Citi Integrated Freight Processing Optimize Working Capital Achieve Supply Chain Efficiency

2 2 Trends in Transportation Spend Management Organizations are focused on reducing costs and improving working capital by managing freight processing spend. Did you know... Best-in-class companies spend an average of $9.81 to process a freight invoice* Citi Integrated Freight Processing saves over 90% in processing cost over $1 MM on a $100 MM transport spend What companies are doing to optimize working capital and reduce risk? Automating processes Reducing cost Shipper (Buyer) Challenges Improve working capital extend DPO Compliance risk with third party providers Improve cash forecasting Significant audit expenses Real-time visibility in supply chain business intelligence Carrier (Supplier) Challenges Accelerate cash flow Improve DSO Reduce AR carrying cost Eliminate paper invoices Enhancing audit and compliance Consolidating with trusted providers Citi Integrated Freight Processing is a collaborative SaaS solution designed to streamline transportation payment process, reduce costs and improve working capital. *Source: Aberdeen Group What is Citi Integrated Freight Processing? Citi Integrated Freight Processing is a collaborative SaaS solution designed to streamline transportation payment process, reduce costs and improve working capital. Online Collaboration (Dispute Resolution) 4 1 Shipper Carrier Improve working capital (Extend DPO) Enhance audit and compliance Single Monthly Invoice with Journal Entries and Accruals 5 Contract Management Data Exchange 2 Audits and Approvals 3 Invoices Improve DSO Accelerate cash flow Mitigate risk Reduce cost Payment Citi Generate Journal Entries Integrated Business Payments 4 Day Average

3 Citi Integrated Freight Processing Optimize Working Capital Achieve Supply Chain Efficiency 3 Value Proposition and Finance Benefits Organizations are focused on reducing costs and improving working capital by managing freight processing spend. Improve Working Capital Enhance Audit and Compliance Real-time Business Mitigate Risk Generate Journal Entries and Accruals Citi Integrated Freight Processing vs. Third Party Payers (3PPs) Improve your cash flow and reduce the credit risks of working with third party payers. Prefunding vs. Financing Risks with 3PPs Pre-funding Shipper pre-funds the 3PP Shipper is obligor in event of 3PP default (missed payments or fraud) Benefits with Citi Integrated Freight Processing Financing DPO extension Shipper reimburses Citi with single monthly payment Carriers receive funds in average of 4 days delivering significant improvement in DSO Compliance 3PPs not required to be compliant SSAE certified (formerly SAS 70) Reduced Expenses Real-time Visibility in Financial Supply Chain Some thrive on multiple audits and post audits Most of 3PPs do not have real-time visibility in financial supply chain Citi only charges for audited, approved and paid transactions Eliminates need for post audit Real-time visibility in accrued freight expense Standardized data and consolidated supply chain reporting

4 4 Value Proposition and Supply Chain Benefits Improve working capital, processes, service levels and visibility to reduce costs. Automate and Simplify Processes Enhance Audit Real-time Business Improve Carrier Working Capital Reduce Costs and Simplify Processes Business Analytics Citi Integrated Freight Processing Business Analytics help you thrive by enabling you to discover real-time opportunities to strategize, plan and optimize supply chain. Finance Spend Analytics Real-time Actionable Analytics Personalize Reports Data Exchange Ad-hoc queries Logistics Supply Chain Analytics Contract Management Audits and Approvals Citi Generate Journal Entries Standard Reports Reports Scheduler

5 Citi Integrated Freight Processing Optimize Working Capital Achieve Supply Chain Efficiency 5 Mechanics and Structure Citi Integrated Freight Processing is a collaborative SaaS solution designed to streamline transportation payment process, reduce costs and improve working capital. Online Collaboration (Dispute Resolution) 1 Contracts 3 Shipper Improve working capital (Extend DPO) Enhance audit and compliance Mitigate risk Reduce cost 7 2 Bill of Lading 5 Manual Exception Approval Single Monthly Invoice with Journal Entries and Accruals Contract Management Citi Data Exchange Generate Journal Entries 4 Audits and Approvals Integrated Business 6 Invoices Payments 4 Day Average Business Carrier Improve DSO Accelerate cash flow 8 Payment Next Steps What are the next steps? Invite Citi for a Complimentary Analysis to Explore Benefits of Citi Integrated Freight Processing that include: Improve working capital Reduce costs and simplify payments processing Enhance audit and compliance Please contact your Citi representative or our Citi Integrated Freight Processing specialists (below) for a complimentary analysis. Hero Changlani Director, Trade Sales Consultant +1 (646) Jeffrey Carlson Vice President, Trade Sales Consultant +1 (612)

6 Notes

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8 Citi Transaction Services transactionservices.citi.com 2013 Citibank, N.A. All rights reserved. Citi and Arc Design is a registered service mark of Citigroup Inc /13

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