Day & Zimmermann Increases Efficiency of Enterprise Payments with Bottomline Platform
PORTSMOUTH, NH – December 04, 2007 –
Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment and invoice automation solutions, today announced that Day & Zimmermann has expanded its implementation of Bottomline’s payments platform to deliver payroll and accounts payable payment efficiency to an additional 15 locations. The company now leverages Bottomline’s payment capabilities at approximately 65 of its locations.
Bottomline’s payments automation platforms allow organizations to establish more secure, efficient and cost-effective enterprise payment processes. By choosing Bottomline, organizations such as Day & Zimmermann, a national provider of products and outsourcing services for government and commercial customers, can streamline, monitor and control the entire payment cycle from a single technology platform, while strengthening existing payment fraud detection capabilities.
“With organizations seeking to increase efficiency and gain more control over their financial processes, Bottomline’s platform allows organizations to reduce the costs and risks typically associated with paper-based payments,” said Chip Martin, Vice President, Bottomline Technologies. “Through our payments automation platform, organizations can transform the performance of functions such as payroll and accounts payable, and capitalize on the benefits of more efficient, streamlined processes.”
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 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.
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 2007, Form 10-Q filed November 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.