| FOR IMMEDIATE RELEASE |
21 October 2009 |
Bottomline Introduces Advanced Capabilities for Web 2.0 and Service Oriented Architecture
Enhanced Functionality for Global Cash Management Enables Banks to Take Ownership of the User Experience for Greater Market Differentiation
PORTSMOUTH, N.H. and COPENHAGEN, DENMARK – October 21, 2009 - Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today at EuroFinance’s 18th International Conference announced expanded support for Web 2.0 and service oriented architecture (SOA) within its WebSeries® Global Cash Management platform.
Designed to capitalize on the benefits of SOA and Web 2.0, WebSeries provides banks and financial institutions with the flexibility required to take greater ownership of the end user experience. By leveraging Bottomline’s SOA-enabled building blocks, banks can construct a highly-interactive user experience utilizing state-of-the-art AJAX controls. At the same time, banks with existing front-end user interfaces can significantly enhance the user experience by ‘calling’ Bottomline’s Web services to support business rules, transaction processing and information queries. Through either approach, banks can continue to dictate the specific elements of functionality for client-facing solutions.
“When choosing a banking partner, corporations expect cash management solutions to have the same level of usability, sophistication and personalization found in popular online experiences such as search engines and specialized online communities,” said Eric Campbell, Chief Technology Officer of Bottomline Technologies. “By architecting WebSeries to fully support SOA and Web 2.0 technology, our banking customers are able to create a unique user experience that differentiates their products and services in the marketplace and provides the flexibility to support clients anywhere in the world.”
To get to market quickly with high-volume domestic and international payments capabilities, banks and financial institutions around the world rely on Bottomline’s award-winning WebSeries Global Cash Management platform. A single platform for managing payments and providing real-time cash management reporting, WebSeries delivers the security, reliability and rich functionality necessary to deliver the products and user experience required to strengthen customer relationships and develop new markets.
Editorial Note: Bottomline will be exhibiting in stand C3-L69B at EuroFinance’s 18th International Conference, October 21-23, 2009 in Copenhagen, Denmark. To arrange an on-site meeting, please contact Nadine ter Meulen at +44 (0) 787 943 1689 or Billy Balfour at +1 603-501-5219.
Calculate the Environmental Savings
To help raise awareness of the environmental benefits achieved by transitioning from paper to electronic processing, Bottomline has posted a green savings calculator on its Web site at: www.bottomline.com/cash_management_goes_green/
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 involving payments, invoicing, global cash management, supply chain finance and transactional documents. 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.
Contact
Billy Balfour
Bottomline Technologies
bbalfour@bottomline.com
603-501-5219
