Bottomline Technologies Completes SAS 70 Audit for Legal eXchange™

21 November 2008

Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that it has successfully completed a SAS 70 Type I audit for its Software as a Service solution, Legal eXchange. The audit represents an independent, third-party expert validation of the internal and external controls Bottomline has established to operate its legal spend management solution.

Developed by the American Institute of Certified Public Accountants and recognized internationally, a SAS 70 auditor’s report serves as a comprehensive evaluation of the business processes surrounding the hosting and processing of data. As part of the evaluation of Legal eXchange, mission-critical processes including software change management, customer support, and logical and physical security were each shown to have operational integrity as the result of documented, repeatable procedures that ensure consistent and reliable performance. Now a SAS 70 audited solution, Legal eXchange is also hosted in a SAS 70 audited data center, providing users with a further measure of data assurance.

“Within the legal spend management market we believe that insurers and in-house corporate legal departments should expect operational and data safeguards that extend beyond the confines of the data center, which is why we decided to undertake a SAS 70 audit of Legal eXchange,” said Tom Gaillard, Senior Vice President and General Manager of Bottomline Technologies. “Our successful completion of this audit further demonstrates Bottomline’s singular commitment to providing our clients with the rigorous operational controls today’s complex business environment demands.”

Relied on to provide the visibility and control necessary to drive strategic decisions regarding legal expense management, Bottomline’s Legal eXchange solution is one of the most widely deployed legal spend management solutions today. With 60,000 users and a growing network of more than 6,000 law firms, Legal eXchange’s comprehensive functionality enables users to work collaboratively with outside counsel, increase process efficiencies and improve case handling strategies.

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