Visa 2010 Teahouse Presentation

Ken Newman President and CEO Tiger Tea Company, LTD.

SIMPLYIFYING COMMERCIAL TRANSACTIONS

Replace with Ken Newman Photo

knewman

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Akbar 10015

Report: Payment Summary by Supplier From March 1, 2010 to May 28,2010 Prepared on May, 28 2010

Amount

Last Payment Date

Supplier

ID

Akbar Ltd.

ID: 100115

LKR 1,144,710.00

5/28/2010

Darmara

ID: 100203

INR 875,470.00

5/12/2010

Yamaka Design

ID: 100087

¥2,544,710.00

4/22/2010

Hyun Paper

ID: 100134

KRW 2,343,500.00

5/2/2010

Boulangerie Ltd.

ID: 100115

54,710.00 €

5/17/2010

Henderson, McLevy & Schwarz ID: 100034

$13,400.00

5/25/2010

Scorecard Item

Old Costs New Costs Savings

Expense tracking

$25,500,000/yr $21,200,000/yr

Other expenses

$10,500,000/yr

$9,660,000/yr

17% 8%

STREAMLINING TRAVEL EXPENSES

29x

1500= 43,500

CONTROLLING SMALL PURCHASES

Scorecard Item

Old Costs New Costs Savings

Travel & Entertainment$2,680,000/yr Procurement

$9,830,000/yr

$2,358,400/yr $8,945,300/yr

12% 9%

ENABLING SMALL CUSTOMER ACCOUNTS