Direct Insite Investor Presentation Summary

Direct Insite Corp. Copyright © 2013
COMPANY CONFIDENTIAL
Direct Insite Investor Presentation

Safe Harbor Statement
“Some of the statements made today may be forward-looking in nature. If you
want to understand the risks associated with such statement, please review
our filings with the SEC.”
All material contained in this presentation is the sole property and copyright of
Direct Insite Corp. with all rights reserved. Certain statements, which are not
historical fact, may be considered forward-looking statements that involve risks
and uncertainties. Forward-looking statements include statements regarding
future business results; future sales and profitability; customer demand; and
industry and economic conditions. Various factors could cause actual results
to differ materially from what is set forth in such forward-looking statements.
These factors are set forth in our SEC filings. All are cautioned not to place
undue reliance on these forward-looking statements as the Company does not
undertake any obligation to release publicly any revisions to these forward-
looking statements to reflect future events or circumstances, or to reflect the
occurrence of unanticipated events.
May 29, 2013
2

Corporate Overview
• Direct Insite provides cloud-based, ERP-agnostic solutions that
automate AP and AR invoice processes for Fortune 3000
companies.
• We combine our SaaS based solutions with unique on-boarding
services to accelerate e-invoicing adoption, further automating the
financial supply chain while offering discount capture and early
payment options.
• As of Q1/2013, over 300,000 vendors process 7.1 million invoices
with a total value of $127B annually.
• Currently investing in additional products, services and technology
that will permit the monetization of our growing AP Network.
May 29, 2013
3

Investment Highlights
Investment Highlights
• Corporate restructuring in May 2011
• Newly reconstituted Board of Directors.
• New CEO, CFO and VP of Sales & direct sales team.
• Company has gone from being growth neutral to double digit revenue
growth.
• 11 new customer wins since August 2011.
• Of the Fortune 3000, only 40% have implemented automation tools.
• Blue-chip customer base, IBM, HP, Siemens, St. Gobain, Citibank.
• Global network of 300,000+ suppliers.
• Growth opportunity in existing Vendor Network.
• Cash flow positive SaaS business.
• Net Balance Sheet Cash $1.4M.
• Over $29M in legacy NOLs available until 2018.
• Valued at 1.5x TTM revenue as of March 31st, 2013.
• 60+% insider ownership.
May 29, 2013
4

Primary Offerings and Services
May 29, 2013
5
Invoices On-
Line™
Core Data
Processing
Services
Scan/Capture
via
Partnerships*
Company
Profile
Management*
Invoice, PO
and Workflow
Processing
Dynamic
Discount
Management
Payment
Processing
Network
Participation
by Partners –
Banks &
Payment
Gateways.
Spend
Management
& Business
Intelligence*
Supply Chain
Financing*
Invoices On-Line™ Middleware Modules and Service Offerings
Direct Insite automates the entire financial supply chain!
* Currently under development or provided with partners

Opportunity
May 29, 2013
6
90% of U.S. companies manually enter invoice data and they pay invoices
with $30 trillion worth of paper checks!
Source: Gartner AR Study 2011

Benefits of AP and AR Automation
May 29, 2013
7
Direct Insite provides a SaaS platform with a low upfront cost and then helps clients
board suppliers and customers to maximize accuracy and cost savings across the
supply chain!
Source: Gartner AR Study 2011

Global Vendor Network
May 29, 2013
Direct Insite Corporation
Copyright 2009
Confidential & Proprietary
8
Direct Insite Supplier Network:
300,000+ Suppliers, 110+ Countries, 17 Languages, 35 Currencies
8

Adoption & Growth
May 29, 2013
9
5.6
6.8 7.1
0
1
2
3
4
5
6
7
8
2011 qrtly avg 2012 qrtly avg 2013 Q1
Invoices processed (in millions)
22.3
27.4
0
5
10
15
20
25
30
FY 2011 FY 2012
Invoices processed (in millions)
100
300
0
100
200
300
400
FY 2011 FY 2012
# of AP vendors (in thousands)

Customer Profile
Customer Profile
• Invoice volume >10K per month.
• Complex outbound invoice processes.
• North American or Global operations.
• Corporate-wide Shared Services Organizations with multiple divisions
sharing one back office.
• Multiple legacy financial systems/multiple ERP instances.
• Desire for end-to-end financial automation capabilities including AR,
AP, vendor management, and customer service.
• Inability to optimize and capture payment discounts.
• Payment Card Industry compliance issues.
• “AP Transformation” initiative to migrate away from paper to on-line
submission and automation process.
May 29, 2013
10

Business Goals
 Automate AR processing.
 Enhance customer service.
 Improve overall invoice processing efficiency.
 Reduce Day’s Sales Outstanding (DSO).
Business Results
 Reduced Costs – Reduced paper invoices by 75%, slashing the cost
per invoice on these items from between $600 - $1,500 per invoice to
less than $25 per invoice.
 Improved Staff Efficiency – Reduced invoice disputes by 65 percent.
 Reduced DSO – Reduced DSO by approximately 4 days, resulting in an
$50 million increase in treasury cash available and $4 million in annual
savings in interest expense on these DSO funds.
 Enhanced supplier relationships – Customer satisfaction with IBM’s
invoicing process jumped from 27% to 72% within 6 months of
implementation.
Customer Profile:
• 100 year-old company with
approx. $100 billion in
revenues
• Generates millions of invoices
each year across over 100
countries and 15 languages
• Selected Direct Insite’s IOL
platform to provide: Web-based
line item presentment; dispute
management; attachments
IBM Case Study
11May 29, 2013

Business Goals
 Automate AP invoice processing.
 Reduce inquiries from suppliers.
 Improve relationships with suppliers.
 Save money.
Business Results
 Reduced Costs – Reduced average cost to process an invoice by 24%.
 Improved Staff Efficiency – Receives 73% of its invoices electronically
and posts payments for 63% of its invoices without operator intervention.
 Increased Productivity – Reduced work flow time from a more than four
days to less than 12 hours for electronic invoices and less than 2.5 days
for paper invoices.
 Enhanced supplier relationships – Reduced supplier inquiries by 67%.
“Invoices On-Line has proven to be an effective tool in the transformation
of our Accounts Payable automation initiatives with a goal of reducing
paper handling, invoicing costs and supplier inquiries.”
Roderick Fields, GSS NA Director of Disbursement Services
Customer Profile:
• Shared services environment
for the global powerhouse
• Supports more than 50
Siemens business units
• Processes over 2.4 million
invoices per year
• 60,000 suppliers
Siemens Global Shared Services Case Study
12May 29, 2013

Business Model
Business Model
• Cloud-based SaaS business model
• No hardware or software capital expense.
• No IT resource burden.
• Integration with any ERP or legacy system.
• Ability to accept any invoice, in any format, from any source.
• Manage boarding process and supplier migration from paper to
electronic.
• Transaction-based pricing with discount tiers based on volume
• Nominal fee for images and file attachments.
• No charge to suppliers/customers to use the portal.
• Nominal setup/instance fee.
• No additional hosting fees.
May 29, 2013
13

Financial Highlights
Financial Highlights
• Recurring revenue model
• Positive cash flow
• No net debt as cash exceeds debt plus capital leases
• Successfully managed legacy roll-off and shrink
• 11 customer wins since new team took over
• Robust and growing sales pipeline
• Commitment to building supplier network and recurring revenue
• Transparent, shareholder-friendly management
May 29, 2013
14

Robust Supply Chain Finance M&A
May 29, 2013
15
As larger networks consolidate invoices, customers and supplier networks,
supply chain finance M&A activity has been robust with
the average EV/Revenue multiple in transactions of approximately 3.3x.
Date Acquirer Target
Revenues
(in mm)
Price or EV
(in mm) EV/Revenues
2010 Ariba Quadrem 65 150 2.3
2011 Ariba b-Process 11 35 3.2
2012 Basware CertiPost 8.4 18.2 2.2
2012 Basware First BusinessPost 2.4 12.2 5.1
2011
Bottomline
Technologies
Logical
Progression/IDT 1 2.9 2.9
2011
Bottomline
Technologies DDL 3.5 10.9 3.1
2013 Readsoft Expert Systems 13 40 3.1
M&A Average 14.9 38.46 3.3
3/31/2012 Direct Insite 8.8 11 1.25

Overview
Established • September 2001 / Ticker Symbol: DIRI
Corporate Headquarters
• Ft. Lauderdale, FL
Customers • Global 2000 / Customers and Vendors
Global Experience • 100+ countries, 17 languages, 35 currencies
• 300,000+ supplier network
• 27+ million annual e-invoices worth $130+ billion in value
Certifications
Primary Offerings • Invoices On-Line (IOL) Accounts Payable Automation
• Invoices On-Line (IOL) Accounts Receivable Automation
• Invoices On-Line (IOL) ePayment Services
May 29, 2013
16

Matthew Oakes
President & CEO
matthew.oakes@directinsite.com
631-873-2932
www.directinsite.com
Contact Information

Direct Insite Investor Presentation Summary

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Direct Insite Investor Presentation Summary