Presentation to the IAB AdOps Council October 16, 2013 by IPS, a provider of document process automation and cloud-based workflow services. It outlines IPS's implementation of the new IAB interactive advertising invoice.
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
Ips digital invoice iab 12 5 ve
1. The IPS Digital Invoice
Presented to the IAB
AdOps Council
October 16, 2013
2. Presentation Objectives
• Welcome and Introductions
• IPS End to End Services – Overview and
Expertise
• IPS is an IAB Digital Invoice Advocate
• Review of Current State of Digital Invoices
• Presentation of IPS Digital Invoice
• Responses to questions
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4. Invoice Processing Workflow
Digital Mailroom
Digital Mailroom
Intelligent Capture
Intelligent Capture
Digital Workflow
Digital Workflow
End-to-End Solution
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ImageServSM
ImageServSM
Document Hosting
Document Hosting
5. IPS Industry Expertise
• Provide document automation solutions for 4 out of
the 5 Top Media Buying and Advertising Companies
• Collaborate with major Publishing companies
• Partner with leading ERP systems such as:
•MediaOcean
•Strata
•Oracle
•SAP
6. IPS is an IAB Digital Invoice Advocate
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The IAB Standard Invoice Format helps streamline invoice
processing and enables AP automation.
IPS has created the “IPS Digital Invoice” in response to the
industry and the IAB’s initiative of standardizing the format for
interactive advertising.
IPS is a leading advocate for the IAB standard to streamline and
automate the processing of incoming invoices.
IPS provides invoice automation, invoice approval and
discrepancy resolution workflow to the world’s top advertising
agencies.
With the IPS Digital Invoice, Publishers can leverage an invoice
that significantly improves the payment process and eliminates
manual processing.
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7. Current state of Digital Invoices
• Incomplete invoices produced by Publishing
company
• Manually entered by agency or advertiser
• High discrepancy rate
• Extensive manual reconciliation, review and
processing
• Most invoices processed using “bottom line”
• Delayed payment or rejected invoices to
Publishers
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8. Future state of Digital Invoices
• The IPS Digital Invoice provides:
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Detailed invoice information
Electronic data entry
Elimination of discrepancies
Quicker payment to Publishers
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10. IPS value to Publishers
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Improved cash flow
Improved customer service
Ability to deliver a detailed line item invoice
No resources or system changes required
to convert invoices to new IAB format
• Reduction in manpower needed to resolve
discrepancies research open items
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