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Bottomline Technologies Cloud-Based Payments Suite for UK Corporates Well Received by Market

Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice, and digital banking solutions, today announced that over 800 UK corporate companies, including Hellman Worldwide Logistics and Callaway Golf Europe Ltd, have now selected its leading PT-X™ Payments and Business Solutions Suite.

Bottomline Technologies PT-X suite is designed to increase the efficiency and reduce the cost of managing payments, collections, cash, and financial documentation through one consolidated cloud-based solution. Since its launch in January 2015, the demand for the PT-X suite, with a simple purchase, payment and rapid deployment model, has gained significant momentum and has been chosen by more than 800 UK corporations.

“Payments are moving rapidly from a legacy, analogue infrastructure to an agile, digital one where the CFO and Treasurer can have full control and visibility over their operations” said Ed Adshead-Grant, General Manager, Payments.  “Bottomline’s PT-X suite reduces the complexity of payments and collections, providing an integrated solution that ensures security and compliance to the many regulations surrounding payments processing.  The rapid adoption of the PT-X suite has been from both large and small organisations that are choosing to move to the cloud for a fast, simple to use, secure, and scalable way of managing critical payments.”

Nick Barber, Cash Manager at Callaway Golf Europe Ltd comments “PT-X offers an online, intuitive, quick, and user-friendly solution. For us, the decision was simple. We now feel confident about our regular payments and collections, as well as the additional DR capability PT-X offers.”

James Darlaston, Hellmann Worldwide Logistics adds “PT-X is fantastic. Now we really can make anywhere, anytime payments in just a few minutes.”

“We have the scale, expertise, and experience that companies expect from a key player in the UK payments sector” comments Nigel Savory, Managing Director Bottomline Technologies Global Business Solutions. “Our focus is on delivering new payment innovation and supporting the growing demand from our customers for cloud-based business solutions. PT-X, our new payment platform, simplifies and streamlines finance processes for organisations of any size. PT-X not only includes payment processing capabilities, like Bacs and Faster Payments, but also includes Direct Debit Management, Financial Documents workflow, and sophisticated real-time reporting.  In PT-X, we have a platform on which to develop future innovations and we are very encouraged by the positive customer feedback and rapid adoption rates.”

Bottomline will showcase the PT-X suite in their technology marketplace at its Customer Conference: “Powering and Protecting Your Payments” on 22nd September in Birmingham.