History of Innovation

For more than 20 years, Bottomline has focused on delivering a unique combination of award-winning products and customer-driven services that deliver measurable business value while responding to changing industry and organizational demands.



	Treasury 2.0 Treasury professionals need instant visibility to their working capital to enable smarter credit, payment and investment decisions.		2011 Bottomline responds with a treasury solution that provides multi-bank connectivity and visibility across payables and receivables. C-Series® creates a true cash position using SWIFT messaging for real-time balance inquiries from banks across the globe and integrates it with data from multiple ERPs.

	Global Communication As Bottomline's customers expand globally, so does our employees' needs for flexible and collaborative technology to enable real-time interaction.		2011 With the help of experts in high-tech and sustainable design, Bottomline opens a new innovation center to facilitate close and regular interaction with customers and Bottomline employees around the world. It features team rooms equipped with high definition video conferencing equipment, smart white boards and other advanced collaboration technologies.




	Mobile Corporate Cash Management With the rapid adoption of mobile banking by consumers, there is growing demand from organizations of all sizes for easy-to-use mobile corporate cash management capabilities.		2010 Bottomline launches a mobile corporate cash management solution for payments and information reporting that provides a simple, intuitive user experience. Banks are now able to offer their corporate customers portable, convenient access to WebSeries® payments and cash management platform.

	Growing Adoption of SWIFT Corporates, banks and financial institutions are recognizing the benefits of using SWIFT to connect with multiple banks around the world, driven by a need to reduce operational risk and maximize security, control and compliance.		2010 With the acquisition of SMA Financial, a renowned SWIFT Service Bureau and SWIFT Partner, Bottomline offers SaaS-based SWIFT Access Service, helping customers improve cash visibility, reduce costs and increase efficiency.



	Automating Financial Supply Chain Despite recognizing the many benefits of moving away from paper to electronic transactions, corporations have struggled to change due to the complexity of supplier on-boarding, limited remittance capabilities and incompatibility with existing business processes.		2009 With the purchase of Bank of America’s PayMode (now Paymode-X®), Bottomline added the largest online settlement network to its existing e-payments solution. Paymode-X enables customers to streamline payment processes, significantly reduce costs and optimize working capital.

	Thinking Strategically About Treasury With the increasing fragmentation of enterprise financial supply chains across multiple banks, geographies and ERP systems, strategic tasks such as cash forecasting grow increasingly difficult.		2009 Leveraging its strategic relationship with SWIFT, Bottomline launches C-Series™, a new liquidity and cash management solution capable of automating the retrieval of dynamic financial data, as well as the execution of global funds transfers, as a means to help corporations make more strategic payment, investment and money-movement decisions.

	Accelerating Demand for Electronic Document Processing Increasing interest in digital document management results in a growing market for solutions that allow enterprise users to quickly and easily adapt legacy paper documents, and the data trapped within them, in favor of electronic capture, workflow and archive scenarios.		2009 Transform®, a next-generation solution, combines the extensibility, ease of use and product breadth of Bottomline’s legacy e-forms solutions, to provide a complete and holistic view into all aspects of inbound and outbound document processing, regardless of format.



	Adding New Levels of Efficiency in Healthcare Even with the implementation of multiple information systems, many clinicians still find themselves relying on pre-printed forms, manual data entry and embossing systems to drive patient care.		2008 With the acquisition of Optio Software, Bottomline expands its footprint in the healthcare vertical by adding new products for integration with hospital information systems that automate and accelerate the creation, distribution, storage and exchange of medical records and other healthcare documents.



	Thinking Strategically About AP CFOs and Treasurers, seeking greater optimization of working capital, look to capture early payment discounts to achieve working capital.		2007 Bottomline Business eXchange™ helps facilitate greater collaboration among buyers and suppliers. Increasing visibility into invoice and payment status, buyers are better positioned to pursue early settlement discounts, improve supplier relationships and increase e-invoicing adoption rates.



	Leveling the Playing Field for Banks In a changing economic environment, responding to the advancement of cash management requirements of corporate clients as a critical factor for banks in establishing competitive differentiation.		2006 Offering customers a flexible configuration and self-service capabilities, Bottomline’s modular cash management solution provides the flexibility and scalability necessary to bring new cash management products and services to market faster and with less risk.

	Accelerating Paper to Electronic Research by the Aberdeen Group reveals that more than 80% of domestic invoices are paper-based. Internationally, the percentage is greater than 85%.		2006 Combining software for e-workflow and payments with outsources services for invoice receipt and data capture, Bottomline’s new approach to AP automation accelerates the approvals of all invoices and lowers transactional costs by reducing the administration of paper invoices.



	Taking Payments Global The Complexities of global business transactions create new challenged centered on compliance, currency, language and diverse messaging standards.		2005 The WebSeries® banking platform offers customers a single, versatile platform for enhancing STP and facilitating and managing payments on a truly global scale.

	Moving Upstream of the Payments Process With electronic payment and invoice automation initiatives generating quantifiable results, automation of the financial supply chain extends further upstream into purchasing, requisitioning and invoice approval.		2005 Bottomline launches payables automation solution to drive new levels of efficiency within AP departments by automating purchase-to-pay processes.



	Online Collaboration Comes to Fruition The proliferation of Web-based technology delivers on its promise to accelerate business by allowing users separated by geography to work together in real-time.		2003 Release of Legal eXchange® enables corporate legal and insurance claims departments to streamline legal billing processes, reduce costs and measure outside counsel performance. 2001 The Introduction of an invoice exchange solution, NetTransact Express, is the first in a series of products released by Bottomline to transform invoice management processes.



	Broader Financial Process Automation Takes Hold New ERP initiatives fuel adoption of solutions capable of further streamlining financial processes through electronic document composition, automated routing and digital archive.		2000 Release of Create!form® product suite, featuring advanced archive capabilities and expanded document delivery options, enables users to operate more efficiently and provide customers with important business documents via their preferred delivery method.



	Payments Hit the Web Electronic payments move into the mainstream as the Internet creates a ubiquitous and secure environment for business to conduct transactions remotely without sacrificing centralized control of critical processes.		1999 WebSeries®, available as a hosted or licensed solution, ushers in a new era of accessibility and scalability for banks and corporations seeking to automate payment processes, enforce compliance and establish electronic audit trails.



	Move to e-Payments Begins New government mandates and emerging payments format create early challenges as the transition from paper-based to simpler, faster electronic payments begins to gain broad adoption.		1996 Introduction of payments database transforms how organizations process paper and electronic disbursements, remittances and document archive. The flexibility of PayBase® ensures users are prepared to handle impending transitions to widespread electronic payments. 1992 With the introduction of Positive Pay, Bottomline opens the door for corporations and banks to limit liability regarding check fraud and comply with Regulation CC.



	Road to Efficiency Begins with Laser Checks The Maturation of check printing technology offers the potential to allow organizations to reduce the costs and inefficiencies inherent in processing paper checks.		1990 Bottomline’s MPS (Multiple Print Source) System brings to market the ability to disperse high-volume print jobs across multiple printers and locations. 1989 Bottomline pioneers the utilization of laser checks with the introduction of affordable and secure desktop publishing functionality for using plain paper to print checks.