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1© 2015 Karmic Labs Inc . All rights reserved. The Karmic Labs Dash Prepaid MasterCard is issued by Sunrise Bank, N.A., St.Paul, MN 55103, Member FDIC, Pursuant to a license from MasterCard International Inc.
Loretta Koerner
March 13, 2015
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What is DASH?
DASHIs a revolutionary mobile app and software solution that offers spending flexibility for employees and provides control, flexibility, security, simplicity and transparency to employers all coupled with a card*! And currently integrating with accounting software that will further improve the experience!
© 2015 Karmic Labs Inc . All rights reserved
*Dash Prepaid MasterCard ® (Dash MasterCard)2
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DASH Features
•Flexibility
• Mobile approvals
• Dynamic funds movement
at No Cost
•Control
• Visibility and real-time tracking
• Budgeting, allocating funds
•Accounting Simplicity
• Real-time reports
• Integration with accounting
software (future enhancement)
• Security
• Eliminate card sharing
Employer Features
• Flexibility
• Receive your own card
• Receive real-time funds
• Control
• Release unused funds
• Accounting Simplicity
• Tag transactions in real-time
• Expense reports with fewer
errors
•Security
• Eliminate need for
use of personal card or
borrowing others’
Employee Features
© 2015 Karmic Labs Inc . All rights reserved
In real time – manage budgeting, cash flow, movement of funds and expense reporting
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Business Drivers of DASHCorporate cash flow problems
ManagerHas to share corporate card with employees
Employees and ContractorsUse personal cards for expensesDelay in getting reimbursed
Expense reporting frustrations
Controllers and BookkeepersTracking down expense reports and correcting errors
Employees and ContractorsManaging expenses and submitting expenses after the fact
© 2015 Karmic Labs Inc . All rights reserved
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1. Travel & Expense Benchmark Report from Paystream Advisors2. Wall Street Journal March 20143. Karmic Labs study
Average cost to process a single expense report
$4-$20
$7 - 20
$2,000Average cost of lost time and productivity per employee/yr
Average cost of processing paper checks
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© 2015 Karmic Labs Inc . All rights reserved
Save time and money with DASH
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How it works
Employee Needs Funds
for T&E, Purchasing
Unused Funds
Returned to Master
Account
Manager Approves /
Employee pulls funds as needed
Funds available
immediately to Employees
Real Time Authorization & Reporting
Payment Card + Mobile Application
Cash flow management
Manager satisfiedController satisfied Employee satisfied
© 2015 Karmic Labs Inc . All rights reserved
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Summary
© 2015 Karmic Labs Inc . All rights reserved
33%Reduction in cost
due to leveraging T&E expense management
solutions
44%Increase in policy compliance when leveraging T&E management
solution
Start now at no cost – get the Dash app and the Dash MasterCard!
Source: Aberdeen End to End Visibility into T&E Management, 2013
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DASH Plans
No-Cost Plans*
Ignition Package Launch Package Rocket Package
Up to 5 Cards Up to 20 CardsUp to 10 Cards
*All of the packages are No Cost; Subject to Terms and Conditions (some fees may apply)
Enterprise Package
More than 20 cards
© 2015 Karmic Labs Inc . All rights reserved
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Thanks!
Signup Now It won’t cost anything!
© 2015 Karmic Labs Inc . All rights reserved
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“Dash is the only corporate card that I am comfortable giving to every employeeand still feel secure that I have control and visibility of our funds.”
Dash removes the daily friction from cash and expense management by givingme instant visibility into all fund flows and transactions.”
Serena Xu, Financial Manager, 1-Page (Publicly listed, ASX: 1PG)
Watch DASH video link now!
CLICK HERE FOR VIDEO
© 2015 Karmic Labs Inc . All rights reserved
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11© 2015 Karmic Labs Inc . All rights reserved
Appendix
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Customers
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Industry leading payments processor. Over 200M accounts. Over 1B transactions authorized annually.
Investors & Board Members
Who we are…
Partners
Draper Associates
Gary Rieschel
Cloud based accounting software serving more than 370,000 businesses.
Public Company (ASX: 1PG)
© 2015 Karmic Labs Inc . All rights reserved
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Team
Ryan WeidenmillerCEO & Co-founderBuilt top ten ranked venture firm in China with several successful exits. Simultaneously ran a successful international technology hedge fund.
Chris AgertonCTO & Co-founderPreviously at Google, founding engineer at Pintrest, developed high availability architecture at Scribd.
Garrett BlytheCo-founderFounder Memory Max which sold successfully to Shutterfly, co-inventor of xfire – a leader in the gaming space, foundingg engineer at epinions and browser engineer at Netscape.
AJ KhanChief Compliance OfficerImplemented compliance programs for OFAC, Visa, Union Bank, Wells. Licensed California Attorney, CRCM and CAMS.
Mario FurgiueleSVP, Business Development & Financial ProductsPayments industry veteran previously at FIS and American Express. Received American Express presidents award and led market leading products including Amex Bluebird, GenNow and US Bank’s Contour.
Loretta KoernerVP, National SalesPreviously Director of Sales with First Data; 3rd ranking sales leader with an annual average sales performance of $36 Million in new business.
© 2015 Karmic Labs Inc . All rights reserved
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Business Expense
Business Spend
Expense & Spend Management
Market Landscape
Mobile Real-time Control Secure Flexible Simple
Why DASHOver Others
© 2015 Karmic Labs Inc . All rights reserved
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Questions?
Call Karmic Labs VP at:Loretta KoernerVP National [email protected]
© 2015 Karmic Labs Inc . All rights reserved ™