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

Electronic invoicingfor the banking sector.

Christian LuytenCorporate Communications Officer, Isabel NV/SAcluyten@isabel.eu

Invoicing in the year 2010

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A EU Directive!Integrity & Authenticity?

Business processes?Member state legislations!

VAT Administration?

The inventor ofInternet Banking

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Internet Banking 1.0

No lost documentsNo manual data entry

Everything is documentedAbsolute control

Business flow

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Reporting

Financial Portal

Inbox

Invoices

AccountingSoftware

Financial Portal

Outbox

Payments

AccountingSoftware

Debtor Creditor

Inbox

Invoices

Invoices

Outbox

The expectations of Corporates and SME’s

• My Bank should be a Cash Collector- Not just a Cash Manager.

• My Bank should help me to collect my money- In a cheaper and faster way- With all reference information for automatic reconciliation

• My Bank must make it easier for my Customers to pay me.- Give more convenience- Give more control

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What invoicing through banking solutions is all about

• Re-using existing infrastructure• Re-using existing security• Re-using existing processes• Re-using existing data exchange mechanisms• Addressing existing customers

• Short Time-to-Market• Cost Efficient

ØStop talking about laws and technology. Talk about business.ØHelp companies to get paid. Help consumers to pay

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