| Copyright: | Business Wire | | Source: | Business Wire | | Wordcount: | 546 |
Business Editors
PORTSMOUTH, N.H.--(BUSINESS WIRE)--May 8, 2008--Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that research advisory firm Financial Insights, an IDC company, and Tech Decisions have named the company to the 2008 Insurer’s Choice, an annual ranking of the top technology providers serving the insurance industry.
Based on the input of more than 600 professionals from the nation’s property & casualty and life & health insurers, the Insurer’s Choice highlights technology providers that contribute the most value toward meeting insurance company objectives. For 2008, Bottomline was identified by insurers as a preferred vendor in six of the survey’s nine categories, including analytics, workflow, financials and operations.
“To help insurers leverage technology to achieve their strategic business goals not only requires innovative solutions, but an acute understanding of the challenges and circumstances unique to the insurance industry,” said Rob Eberle, President and CEO of Bottomline Technologies. “It’s this combination of technology and domain expertise that has enabled us to help some of the world’s most respected insurers enhance the value they derive from the processes central to electronic payments, transactional documents and legal spend management.”
Insurers use Bottomline solutions such as the WebSeries® enterprise payments platform to streamline claims payment processes and reduce exposure to fraud, and its legal spend management solution Legal eXchange™ to work more collaboratively with outside counsel to proactively manage litigation costs and reduce indemnity. Among the company’s insurance customers are a growing number of the nation’s leading property & casualty insurers, including MetLife, Safeco and PMA Insurance Group.
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, WebSeries, Legal eXchange 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 February 2008 and any recently filed Form 8-K'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.
This is a news service of Thomson Business Intelligence Service ©2006. This content is for your personal use only, subject to Terms and Conditions. No redistribution allowed.
|
