| FOR IMMEDIATE RELEASE |
8 October 2008 |
The George Washington University Selects Bottomline’s Capabilities
for Electronic Remittance Delivery
PORTSMOUTH, N.H. – October 8, 2008 - Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that The George Washington University has expanded its deployment of Bottomline’s payments solution with integrated capabilities for the electronic delivery of employee payroll remittances.
“The University is committed to using technology to provide the highest possible level of service and opportunity to our employees and students,” said Jeff Pearson, Director, Enterprise Application Development, The George Washington University. “Expanding our use of Bottomline’s platform will enable us to introduce an even greater level of efficiency into our payment processes and provide us with the ability to operate the payroll function as cost-effectively as possible.”
Bottomline Technologies’ award-winning portfolio of solutions enables organizations to streamline the initiation, processing, security and reporting associated with a wide variety of paper and electronic payment types, including those related to payroll and vendor payments. By choosing Bottomline, organizations such as The George Washington University can manage the entire payment cycle from a single technology platform.
“The George Washington University’s decision to implement our capabilities for electronic remittance delivery is indicative of the flexibility our payments platforms offer, enabling customers to tailor a solution to meet their evolving business needs,” said Chip Martin, Vice President, Bottomline Technologies. “We are pleased that the University continues to realize a tremendous return on their investment in Bottomline, and we look forward to helping them further increase the efficiency of their payroll processes.”
About The George Washington University
Located four blocks from the White House, The George Washington University was created by an Act of Congress in 1821. Today, GW is the largest institution of higher education in the nation's capital. The university offers comprehensive programs of undergraduate and graduate liberal arts study as well as degree programs in medicine, public health, law, engineering, education, business, and international affairs. Each year, GW enrolls a diverse population of undergraduate, graduate, and professional students from all 50 states, the District of Columbia, and more than 130 countries.
GW’s Information Systems and Services (ISS) division works with students, faculty, staff, and departments across the university to provide advanced technology. From Internet and phone connections in offices and residence halls to software that supports admissions, online registration, and other aspects of day-to-day business, ISS keeps GW connected.
About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The company’s solutions are used to streamline, automate and manage processes and transactions involving global payments, invoice approval, purchase-to-pay, collections, cash management and document process automation. Organizations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimization of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com.
Media Contact
Billy Balfour
Bottomline Technologies
bbalfour@bottomline.com
603-501-5219
