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Contract Management Strategic Sourcing Configura1on
Selectica Business Opportunity
Blaine Mathieu Chief Executive Officer
bmathieu@selectica.com
Forward Looking Statements
Certain statements in this release and elsewhere by Selectica are forward-looking statements within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements about business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the Company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of Company operations, or the performance or achievements of the Company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward-looking statements include, but are not limited to the on-going global recession; fluctuations in demand for Selectica’s products and services; government policies and regulations, including, but not limited to those affecting the Company’s industry; and risks related to the Company’s past stock granting policies and related restatement of financial statements. Selectica undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Additional risk factors concerning the Company can be found in the Company’s most recent Form 10-K, filed by the Company with the Securities and Exchange Commission.
HEAD OFFICE: San Mateo, California
PEOPLE: 235 Selecticans
CLIENTS: 240+ large enterprises
Company Snapshot
SHARE PRICE: ~$6
SHARES OUTSTANDING: 7.7 Million
Solutions (pre-Iasta)
Configuration Contract Management 1 2
Contract Management
• Contract Lifecycle Management
• Contract Discovery and Analytics (NEW)
• Best Practices Consulting • Implementation Services
• Optimize & configure to precisely fit customer requirements
• Adapt & integrate to any system
• Richest functionality on the market
SO
LUTI
ON
S
1 |
Our Solutions
Our Differentiators
1 | Contract Management
SO
LUTI
ON
S
Configuration
• Configuration Platform • Model Builder • Best Practices Consulting • Implementation Services
• Ultimate in configurability, extensibility
• Constraints-based (not rules) engine handles most complex challenges
• Battle-tested – $Billions of transactions
Our Solutions
Our Differentiators
SO
LUTI
ON
S
2|
2| Configuration
SO
LUTI
ON
S
Selectica Historical Overview
9
• Lack of support & service • Single major client churn • Business needed refocus
on service
• Began transition to SaaS • New product/price model • Priority on cust. acquisition
• Management overhaul • Refocus on customers • Raised additional capital
Iasta
Recognized SaaS provider § 15 years of delivering technology to global companies and suppliers § Leader in the Strategic Sourcing - Gartner Magic Quadrant 2013
A Global Company
§ Sales & Delivery Offices ü Global HQ: Indianapolis, USA ü Europe HQ: London, UK
§ Experienced / global partner channel
Leading with proven products & services § Spend Analysis / Procurement Intelligence § Strategic Sourcing (eRFx, Auctions, Optimization) § Contract Management / Contract Authoring § Supplier Information & Performance Management § Iasta Advisory Services / Training
Solution 3 | Iasta
Gartner Magic Quadrant Leader
Selectica fills gaps
Growth Drivers
Channel Expansion Solution Expansion 1 2
Solution Expansion
Sources: Forrester, Gartner, and IACCM (Global Contract Mgmt. Association)
$500 to $750 Million
SELL-SIDE
BUY-SIDE
CLM $2.3 Billion
1 | G
RO
WTH
DR
IVE
R
Contract Compliance
Management
C-Discovery File/Contract Analysis
Chargeback & Rebate
Management
Contract Lifecycle
Management
Proposal Generation Sales Contract
Management E-Signatures
Legal Document
Management
Enterprise Legal
Management
Recurring Revenue
Management
Configure Price Quote Spend
Analysis
Sourcing Optimization
Legal Governance, Risk and
Compliance (GRC)
Strategic Sourcing/ Procurement
Legal & Regulatory Information
Governance
Sales Content Management
Deal Management
Source to Settle Solutions
The Contract
Sales / Marketing
Supplier Information
Management
Supplier Performance Management
With Iasta
GR
OW
TH D
RIV
ER
1 |
Contract Compliance
Management
C-Discovery File/Contract Analysis
Chargeback & Rebate
Management
Contract Lifecycle
Management
Proposal Generation Sales Contract
Management E-Signatures
Legal Document
Management
Enterprise Legal
Management
Recurring Revenue
Management
Configure Price Quote Spend
Analysis
Sourcing Optimization
Legal Governance, Risk and
Compliance (GRC)
Strategic Sourcing/ Procurement
Legal & Regulatory Information
Governance
Sales Content Management
Deal Management
Source to Settle Solutions
The Contract
Sales / Marketing
Supplier Information
Management
Supplier Performance Management
Sources: Forrester, Gartner, and IACCM (Global Contract Mgmt. Association)
$5 Billion TAM
2| Channel Expansion
New Client Channel
• Build sales and marketing “machine”
• International expansion
GR
OW
TH D
RIV
ER
Global Team Now Including UK HQ
Pune Development
San Mateo Corp. Selec1ca
London Sales Office
Odessa Development Carmel, IN
Corp. Iasta
Costa Rica Call Center
2| Channel Expansion
Existing Client Growth Channel
New Client Channel
• Build sales and marketing “machine”
• International expansion
• Majority of clients lightly penetrated
• Penetrate new divisions
• Seat expansion
• Up/cross-sell new products and services
GR
OW
TH D
RIV
ER
Blue Chip Customers
Leading companies depend on Selectica
GR
OW
TH D
RIV
ER
2|
Leading companies also depend on Iasta
Blue Chip Customers
GR
OW
TH D
RIV
ER
2|
Partner/SI Channel
• Untapped partner ecosystem
• Force-multiplier for other growth drivers
Channel Expansion
New Client Channel
• Build sales and marketing “machine”
• International expansion
• Majority of clients lightly penetrated
• Penetrate new divisions
• Seat expansion
• Up/cross-sell new value-added products and services
Existing Client Growth Channel
GR
OW
TH D
RIV
ER
2|
SAIC
Northrop Grumman
NEC
Lockheed Martin
IBM
Xerox Global Services
WNS
Tata Consultancy
West
Wipro
Teleperformance
Infosys
IBM
HP
Fizerv
Hitachi
Fujitsu
Deloitte
Legal Process
Outsourcers (LPOs)
Cognizant
Capita Group Capgemini
Accenture
Systems Integrators (Sis)
Capgemini ADP
Accenture
Wipro
UnitedLex Mindcrest
Integreon
Business Process
Outsourcers (BPOs)
Infosys HCL Genpact Capgemini
Accenture Legal
Contract Compliance
Management
C-Discovery File/Contract Analysis
Chargeback & Rebate
Management
Proposal Generation Sales Contract
Management
Legal Document
Management
Enterprise Legal
Management
Recurring Revenue
Management
Configure Price Quote
Legal Governance, Risk and
Compliance (GRC)
Strategic Sourcing/ Procurement
Legal & Regulatory Information
Governance
Sales Content Management
Deal Management
Sales / Marketing
Procurement Contract
Management
Supplier Information
Management
Analytics
Sourcing P2P
Supplier Performance Management
Optimization
E-Signatures
The Contract
Partner Ecosystem
GR
OW
TH D
RIV
ER
2|
Experienced Management Team
Blaine Mathieu President & CEO
Jeff Grosman COO
Todd Spartz CFO
Patrick Stakenas Chief Strategy Officer
Eric Faulkner CIO & Pro Serve
Leo Sigal CTO
Rose Lee SVP Customer Success
Mike Mothersbaugh SVP Sales
Summary Income Statement (Final quarter not including Iasta)
TAKEAWAYS:
• Recurring and nonrecurring revenues are stabilizing • Longer-term path to return to historical gross margins • Revenue growth leverages across stable fixed cost base
Summary Balance Sheet (Final quarter not including Iasta)
TAKEAWAYS: • Necessary cash to execute against the business model • Warrants convert @$12.25, ~$8M cash
Cash $12,218 Credit facility $5,613 Accounts Receivable 2,494 Accounts payable 1,496 Prepaid expenses & other current assets
1,009 Accrued liabilities 1,009
Total current assets $15,721 Deferred revenue 4,556 Total current liabilities 12,674
Long-term deferred revenue 433 Other long-term liabilities 26 Total liabilities 13,133
Property & equipment, net 284
Capitalized software 1,280
Other assets 36 Total stockholders’ equity 4,188 Total assets $17,321 Total liabilities & stockholders’ equity $17,321
Summary Pro Forma Income Statement (including Iasta)
TAKEAWAYS:
• Significantly greater revenue scale • Greater gross margin contribution
Milestones to Measure SLTC
• Expansion in recurring revenue
• Improvement in nonrecurring revenue
• Recovering gross margins
• Increasing billings
• New solutions added to product suite
• Strategic partner announcements
Reasons to Invest
Overhauled management
team Business realigned/ refocused
Growth through solution
expansion
Attractive valuation
Largely untapped customer base to upsell and further
penetrate
Transition to SaaS almost
complete
$
THANK YOU
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