PORTSMOUTH, NH--Bottomline Technologies today announced the expansion of the company's financial Business Process Management (fBPM) solutions. These fBPM solutions are designed to streamline paper-driven order-to-cash and purchase-to pay processes -- enabling organizations to more effectively manage their financial assets and trading partner relationships.
Bottomline Technologies now offers a set of fBPM software and service solutions that may be deployed across an enterprise or at a departmental level. Leveraging existing infrastructures and banking relationships, they offer significant benefits in pricing, ease of implementation and functionality over competitive products.
Bottomline's fBPM applications include:
* Document Creation, Imaging and Archiving for Financial Document Management
* Invoice Receipt Management and Payables Automation
* Payments Life Cycle and Risk Management
* Electronic Invoice Presentment and Payment
* Bank Balance and Transaction Reporting (BTR) for Cash Management
Bottomline Technologies' CEO, Joe Mullen, said, "Our market research, conducted with Bottomline's extensive global customer base and key industry analysts, indicates that companies are seeking to extend their core business functions into a more efficient, digital-driven format. Bottomline's fBPM offering capitalizes on our comprehensive experience, research and resources to provide a powerful, single-source solution."
Kurt Mueffelmann, vice president and general manager for Bottomline, said, "The fBPM products are receiving positive feedback from such customers as Tiffany, MetLife, W.W. Grainger and Kaiser Permanente. We look forward to leveraging those successes as we continue to implement fBPM in the marketplace."
