Bottomline Technologies Teams Up with AFP® for Inaugural Payments Cost Benchmarking Survey

PORTSMOUTH, N.H. – October 6, 2015 – Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice, and digital banking solutions today announced it has underwritten the inaugural Association for Financial Professionals (AFP®) Payments Cost Benchmarking Survey. The study provides finance professionals with insight into the expenses related to the payment process.

The survey results were based on responses from over 500 finance professionals from companies of all sizes across 15 industry sectors.

Treasury and finance professionals can leverage this rich set of data regarding the cost of various payment methods to quantify the significant cost savings that are available through electronic payments.

"Finding the true cost for making payments is challenging for treasury professionals,” says Jim Kaitz,” AFP President and Chief Executive Officer. The AFP Payments Cost Benchmarking Survey helps treasury professionals benchmark their organizations’ payments cost structure and can help them build a business case to transform their payments systems."

“This study provides real data around the cost savings and efficiencies available through electronic payments,” said Jessica Moran, General Manager of Cloud Payment Solutions at Bottomline Technologies. “We are pleased to have partnered with AFP to make this valuable information widely available.”

On November 19th at 3:00 P.M. EST, AFP is hosting an informative webinar revealing key findings from its inaugural survey. To register, please visit http://www.afponline.org/pub/ed/Events/Webinar-2015_Payments_Cost_Benchm... and reference code 1119V77 to waive the registration fee.

The full report will also be available free of charge by visiting https://goo.gl/BYWaeS.

For more information about the benefits from moving from paper-based to electronic payments, visit http://www.bottomline.com/us/payments-and-cash-management or stop by booth #1217 at the AFP Annual Conference, October 18th-21st, in Denver, CO.

ABOUT AFP
Headquartered outside Washington, D.C., the Association for Financial Professionals (AFP) is the professional society that represents finance executives globally. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance. The quarterly AFP Corporate Cash Indicators serve as a bellwether of economic growth. The AFP Annual Conference is the largest networking event for corporate finance professionals in the world. For more information, visit www.afponline.org/

About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY) powers mission-critical business transactions. We help our customers optimize financially-oriented operations and build deeper customer and partner relationships by providing a trusted and easy-to-use set of cloud-based digital banking, fraud prevention, payment, financial document, insurance, and healthcare solutions. Over 10,000 corporations, financial institutions, and banks benefit from Bottomline solutions. 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 Bottomline Technologies logo are trademarks of Bottomline Technologies, Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements reflecting our expectations about our ability to execute on our growth plans. Any statements that are not statements of historical fact (including but not limited to statements containing the words “believes”, “plans”, “anticipates”, “expects”, “look forward”, “confident”, “estimates”, and similar expressions) should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors including, among others, 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' operational and financial results, refer to our Form 10-K for the fiscal year ended June 30, 2014 and any subsequently filed Form 10-Q’s and Form 8-K’s or amendments thereto. 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 for Media:
Christine Nurnberger
Bottomline Technologies
603.501.6186
cnurnberger@bottomline.com

 

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