Panel of Banking Industry Analysts Recognize Bottomline's Outstanding Achievements in Treasury & FX
PORTSMOUTH, NH - November 26, 2007 - Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment and invoice automation solutions, today announced that the company has been named as one of Financial-i magazine's "Leaders in Innovation" Award winners for 2007 in the category of Treasury & FX.
The publication's Leaders in Innovation Awards identify the banks and technology providers shaping the delivery of business solutions in wholesale transaction banking. In addition to input from the publication's senior editors, feedback from an advisory panel comprised of banking and financial services industry analysts and thought leaders is used to determine the top companies in each category.
"In selecting our winners, we focused on companies that have demonstrated their ability to deliver innovative solutions over the course of the last 12 months that impact customers in terms of their ability to deploy business solutions cost effectively, more readily interact and integrate them with other applications, and the ability to use these solutions to solve specific business issues or concerns," said Anita Hawser, Managing Editor of Financial-i, a leading European business technology publication focused on transaction banking.
Bottomline's solutions for invoice automation, corporate payments and global cash management enable corporations, banks and financial institutions to accelerate the transition from paper to electronic transaction processes. Through the use of these solutions, Bottomline's customers can significantly improve straight-through processing of all payment types, while enhancing payment-related security controls and reporting, and increasing visibility into the entire payments cycle.
"For today's global bank and corporate treasury professionals, the pressure to identify and implement solutions capable of reducing costs, improving straight-through processing for international payments and enhancing visibility into global transactions is significant," said Rob Eberle, President and CEO of Bottomline Technologies. "To be recognized as a leader in innovation by Financial-i is a testament to our ability to help our customers confront new payment and cash management challenges and achieve their strategic business objectives."
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. 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.