Bottomline Technologies built up its presence in payments automation platforms
In a competitive commercial payments space, Bottomline increases product offerings through partnerships with Billtrust and Autobooks.
In the former, Bottomline Technologies has partnered with Billtrust which is a B2B account receivable automation company. Under this partnership, the company will connect its Paymode-X payers to a new card acceptance via Billtrust’s Business Payments Network (BPN).
In the latter, Bottomline has partnered with Detroit-based banking solution company, Autobooks. In this partnership, Autobook’s invoicing, receivables and accounting tools will be combined with Bottomline’s Digital Banking IQ platform which according to the press release says will enable financial institutions (FIs) to provide a digital and comprehensive suite of integrated payments and cash lifecycle solutions that is developed for the small businesses.