PORTSMOUTH, N.H., March 31, 2014 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq:EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, today announced that Miguel Rodriquez, Regional Director, Paymode-X Product, and Wayne Zeiler, Director of Financial and Management Reporting at ITG (a Paymode-X client), will co-present at the NACHA Payments 2014 conference in Orlando, FL. The presentation will educate attendees on developing strategies for ensuring the best payables mix for enterprises.
The presentation, entitled "Five Steps to Optimizing Payables and Growing Financial Returns," will take place from 9:30 to 10:30am on April 7th. Rodriguez and Zeiler will discuss how deploying the right mix of AP payment methods ensures maximum efficiency and financial gains.
"Organizations have many choices when it comes to selecting methods of payment for their vendor communities, and choosing the right mix can be challenging," said Jessica Moran, VP Client Services of Bottomline's Paymode-X. "Drawing from our 25-year history of innovation and experience helping clients achieve payment goals in an ever-changing marketplace, Bottomline is positioned to provide industry-leading counsel in this area. We are excited to share our insights alongside our client's success with Paymode-X at this year's NACHA Payments conference."
NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. Used by all types of financial institutions, the ACH Network is governed by the fair and equitable NACHA Operating Rules, which guide risk management and create payment certainty for all participants. Through its industry councils and forums, NACHA brings together payments system stakeholders to foster dialogue and innovation to strengthen the ACH Network.
Bottomline's Paymode-X is a settlement network with more than 250,000 global members exchanging over $140 billion in electronic payments, remittance advices and invoices. With Paymode-X, payers can automate their payment process, accelerate the conversion of paper to electronic payables and optimize working capital. Vendors enjoy faster access to cash and a streamlined receivables process.
About Bottomline Technologies
Bottomline Technologies (Nasdaq:EPAY) provides cloud-based payment, invoice and digital banking solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust Bottomline 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 and the Bottomline Technologies logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.
Cautionary Language
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements reflecting our expectations about our ability to execute on our growth plans. Any statements that are not statements of historical fact (including but not limited to statements containing the words "believes," "plans," "anticipates," "expects," "look forward", "confident", "estimates" and similar expressions) should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors including, among others, 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' operational and financial results, refer to our Form 10-K for the fiscal year ended June 30, 2013 and any subsequently filed Form 10-Q's and Form 8-K's or amendments thereto. 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.