Profile: Bottomline Technologies (DE) Inc (EPAY.OQ)
2 Dec 2016
Bottomline Technologies (de), Inc., incorporated on August 12, 1997, is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. The Company offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer's location. The Company operates through four segments: Payments and Transactional Documents, Hosted Solutions, Digital Banking and Other. Its products and services are sold to customers operating in many different industries throughout the world, but principally in the United States, the United Kingdom and continental Europe regions.
The Company's Payments and Transactional Documents segment is a supplier of software products that provide a range of financial business process management solutions, including making and collecting payments, sending and receiving invoices, and generating and storing business documents. The Payments and Transactional Documents segment also includes its payments automation software for direct debit and receivables management and provides a range of standard professional services and equipment and supplies. It also incorporates certain other solutions that are licensed on a subscription basis. The Company's Hosted Solutions segment provides customers predominately with SaaS technology offerings that facilitate electronic payment, electronic invoicing, and spend management. Its legal spend management solutions, which enable customers to create processes for managing invoices generated by outside law firms while offering insight into important legal spend factors, such as expense monitoring and outside counsel performance, are included within Hosted Solutions segment. It also incorporates the Company's global financial messaging and Paymode-X solutions.
The Company's Digital Banking segment provides solutions to banking and financial institution customers. The Company's Digital Banking products are sold on a subscription basis. The Company's Other segment consists of its healthcare and cyber fraud and risk management operating segments. Its cyber fraud and risk management solutions non-invasively monitor, replay and analyze user behavior to flag and stop suspicious activity in real time.
The Company's Paymode-X is a cloud-based payment network that operates as a digital registry to allow businesses to easily transition from paper to electronic payments. The Company offers payments, cash management and online banking solutions to financial institutions, including banks and credit unions. The Company's solutions enable banks of all sizes to offer their customers a host of capabilities, including automated clearing house (ACH) and bankers automated clearing system (BACS) payments, wires, international payments, check production, customer acquisition, balance and information reporting and other features that facilitate enterprise-wide cash management and interaction with their customers. Its Web payment fraud module integrates with its hosted payments and cash management platforms, providing real time security monitoring and automated transaction blocking for fraudulent activity. Its solutions allow its bank customers to attract and service a range of client segments from small businesses to multi-nationals.
The Company's cloud-based legal spend management solutions and services integrate with claims management and time and billing systems to automate legal invoice management processes and to provide insight into all areas of a company's outside legal spend. The combination of automated invoice routing and a rules engine allows corporate legal and insurance claims departments to create processes for managing invoices generated by outside law firms and other service providers, while offering insight into legal spend factors including expense monitoring and outside counsel performance. The Company's cyber fraud and risk management solutions (CFRM) non-invasively monitor, replay and analyze user behavior to flag and stop suspicious activity in real time. The solutions are configurable and create accountability by recording and analyzing each application interaction and screen view, reducing the risk of theft, information leakage, internal fraud and payments fraud. Case management capabilities centralize risk management, speed investigations, and facilitate compliance with regulations pertaining to Anti Money Laundering (AML), the Health Insurance Portability and Accountability Act (HIPAA) and Know Your Customer (KYC).
The Company's cloud-based financial messaging solutions leverage the SWIFT global messaging network to allow corporations to exchange financial information, including payment instructions, cash reporting and other messages related to financial transactions with their banks and counterparties around the world. The Company's payment automation solutions can generate a range of domestic and international payment instructions along with consolidated bank reporting of cash activity. The Company's Web fraud and security module is designed to identify and track fraudulent activity that occurs in a customer's platform. Users are able to gather and access data through the Web related to payment and bank account information, including account totals and detailed transaction data, providing improved workflow, financial reporting and bank communications. To help augment financial document workflow and delivery, it offers solutions designed to automate a range of business documents and supply chain processes, as well as related Web-based delivery and document archive. Its products offer advanced design, output formatting and delivery capabilities to replace paper-based forms, as well as automating the labor-intensive accounts payable processing of invoices.
The Company offers solutions, such as patient registration, electronic signature, mobile document and payments for the healthcare organizations. The Company also offers its CFRM platform to provide privacy and data security for healthcare organizations. The Company provides consulting, project implementation and training services to its customers.
The Company competes with AvidXchange, American Express, Wells Fargo, ACI Worldwide, Fiserv, FIS, Q2, Jack Henry, Backbase, Digital Insight, Online Banking Solutions, Infosys, D+H Corporation, MeridianLink, nCino, Bill.com, IBM, SAP, Oracle, Polaris, Avoka, Intellect Design Arena, Wipro, Patni, Wolters Kluwer ELM Solutions, LexisNexis, Computer Sciences Corporation, NICE Actimize, Norkom-Deitca, SAS, Guardian Analytics, FairWarning, Eastnets, SunGard, SWIFT, Access, FormFast, Iatric Systems and Standard Register.
Bottomline Technologies (DE) Inc
325 Corporate Dr
PORTSMOUTH NH 3801
Company Web Links
- BRIEF-Bottomline Technologies reports first quarter results
- BRIEF-Bottomline Technologies Q1 core earnings per share $0.22
- BRIEF-Bottomline Technologies Q4 loss per share $0.16
- BRIEF-Bottomline announces stock buyback program up to $60 mln
- BRIEF-Bottomline Technologies Q4 core earnings per share $0.37