Accounts payable News & Events
Which Solution is right for you? 
dots
Global Sites: 
Latest News
03.03.10
Bottomline Technologies awarded The UK Government Standard for Customer Service Excellence
24.02.10
Bottomline Technologies Expands PayMode® Payment Network
23.02.10
Bottomline Technologies Aids Haiti Relief Effort with $20,000 Donation
strong>28.01.10
Bottomline Technologies Reports Second Quarter Results
03.12.09
Bottomline Scoops Major Award for Cloud Computing
01.12.09
Bottomline Technologies to Host Forum for Global Banking and Financial Services Executives
12.11.09
"Global Business of the Year" Awarded to Bottomline Technologies
22.10.09
Bottomline Technologies Reports First Quarter Results
21.10.09
Bottomline Introduces Advanced Capabilities for Web 2.0 and Service Oriented Architecture
16.10.09
Metropolitan Airports Commission Selects Bottomline Solution for Transactional Document Automation
15.10.09
Bottomline Technologies to Announce First Quarter Fiscal 2010 Financial Results On October 22, 2009
15.10.09
Iroko Pharmaceuticals Selects Bottomline for Global Transactional Document Initiative
6.10.09
Bottomline Platform for Global Cash Management Garners High Marks for Breadth of Security Functionality
5.10.09
Bottomline Enhances WebSeriesŪ Global Cash Management Platform with Advanced Functionality for Cash Reporting
05.10.09
Bottomline Executives Named Leaders in Treasury and Cash Management by Global Finance Magazine
04.10.09
Bacs Software to enable Bacs Payments from Bottomline
04.10.09
Document Management for Automated Document Processing and Invoice Management.
 
  Press Releases
FOR IMMEDIATE RELEASE 1st October 2007

Bottomline Expands Support for Service Oriented Architecture Within Global Cash Management Platform

New Capabilities Enable Banks and Financial Institutions to Incorporate Award-Winning Payment and Reporting Functionality into Existing Applications

PORTSMOUTH, N.H. and BOSTON –October 1, 2007 -  Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment and invoice automation solutions, today at Sibos Boston 2007 announced expanded support for Service Oriented Architecture (SOA) within its WebSeries® Global Cash Management platform introducing new capabilities that allow banks and financial institutions to incorporate Bottomline’s payment and reporting functionality into existing applications. 

Architected to capitalize on the benefits of SOA, Bottomline’s WebSeries Global Cash Management platform provides banks and financial institutions the flexibility and scalability required to address the complex cash management challenges of their largest corporate clients. Through expanded support for SOA announced today, banks and financial institutions can securely embed Bottomline’s application components and business logic into other applications. By incorporating WebSeries’ payment screens, transaction workflow and host integration services seamlessly into applications for corporate, small business and retail banking, and trust and securities services, users can establish new application deployment strategies for cash management products and services.

“Banks continue to place an emphasis on growth and cost reduction as requirements for any technology investment. Our research shows that SOA increases flexibility and speed to market and provides opportunities for financial institutions to provide additional services," said Maggie Scarborough, Research Manager, Corporate Banking for Financial Insights. “By adopting a more strategic approach to SOA, banks can actively leverage solution functionality across lines of business and market segments, strengthening their ability to quickly and cost-effectively react to market challenges.”

Offering clients a single Web-based platform for originating and managing payments activity worldwide, Bottomline’s modular global cash management solution leverages straight-through processing (STP) capabilities, including multi-currency, multi-language data integration, international payment standards, BIC and IBAN validation, and support for double-byte characters for clearing into Asia.

“For banks and financial institutions seeking to capitalize on new revenue opportunities and strengthen relationships with corporate clients, SOA provides the opportunity to maximize their resources and extend their IT investments,” said Eric Campbell, Chief Technology Officer of Bottomline Technologies. “Our global cash management platform was designed with SOA in mind, and through these expanded capabilities, our customers can more readily serve corporate clients and increase their market position by incorporating our payment and reporting functionality into other applications.”

Editorial Note: Bottomline will be exhibiting in booth B39 at Sibos Boston 2007, October 1-5, 2007, at the Boston Convention and Exhibition Center. To arrange an on-site meeting, please contact Billy Balfour at 603-501-5219.

Independent Evaluation of Bottomline’s Global Cash Management Platform

To download a free copy of a new profile of Bottomline’s platform, please visit:

http://www.bottomline.com/forms/banking/aite_report.aspx

About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY)provides collaborative payment and invoice 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. Organisations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimisation of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com

Bottomline Technologies and the BT logo are trademarks of Bottomline Technologies, Inc. which may be registered in certain jurisdictions.  All other brand/product names are trademarks of their respective holders.

Cautionary Language

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10-K filed September 2006, Form 10-Q filed May 2007 and any recently filed Form 8K's. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements.

Contact
Billy Balfour
Bottomline Technologies   
bbalfour@bottomline.com
603-501-5219

top

 
Get to Know Bottomline



Bottomline Technologies Ltd - Automating Accounts Payable processes



Accounts Payable Automation | Banking & Financial Services | Electronic Documents | Transaction Processing
About | Customer Success | Solutions & Services | Professional Services | Support | News & Events | Partners | Investors | Contact | Privacy| Site Map


115 Chatham Street, Reading, Berkshire RG1 7JX. Company reg: 1911956. Tel: +44 (0)870 081 8250 Fax: +44 (0)870 081 8280 Int Tel: +44 118 925 8250