Bottomline Technologies

For about a decade, the analysts at Ardent Partners have been researching and benchmarking technologies, processes, and performance within accounts payable including electronic or B2B payments. This is an area that has seen significant innovation in the last few years and it is clear that it is an area that will continue to see significant [...]

Electronic payments offer many advantages over paying with paper check. Ardent Partners research has shown that, no matter the payment method (i.e., ACH, wire, card, networks, etc.), ePayments cost up to 75% less to process than a paper check. Add to this the realization that manual, paper-based workflows are prone to errors such as overpayments [...]

The benefits that virtual payment cards provide to buyers are expressed quite well in vendor marketing materials, as well as in several previous articles here at Payables Place. What’s not as well discussed, however, are the advantages virtual cards ascribe to the suppliers that accept them. To be quite frank, the pluses of virtual payment [...]

Candy has been handed out to costumed children, the jack-o-lanterns have been thrown away, and Halloween is over for another year. The next holiday, here in the U.S. at least, is Thanksgiving … which doesn’t seem to get much attention in popular culture. Then again, the core of Thanksgiving is a turkey dinner, so there [...]

Six weeks ago, President Obama announced the voluntary SupplierPay initiative. Already this week, we’ve gone over why the pledge matters in the first place and the technology tools that could make it happen, but I find myself wondering if this pledge means small businesses will actually get paid sooner or not. What is this SupplierPay [...]

The SupplierPay pledge that 26 large corporations signed in a July press conference at the White House has as one of its two tenets the need to craft financing solutions that allow small suppliers to get paid faster. Luckily, there are three technologies that—when implemented correctly—can allow large corporate buyers to give their small suppliers [...]

As many of you may know, Paymode-X is a growing B2B settlement network from Bottomline Technologies (read our last article covering them here). Paymode-X currently has more than 230,000 active members and processes approximately $130 billion in payments annually. On December 5th, 2014, Bottomline announced the general availability of the latest version of its settlement [...]

On March 12, 2013, after vetting multiple networks, RBS and RBS Citizens announced that Paymode-X was selected as their settlement network partner. Paymode-X is Bottomline Technologies cloud-based settlement network that currently enables over 200,000 businesses to make and receive secure electronic payments (ePayments). Just to provide a little background on these organizations. The RBS Group [...]

On Oct 15, 2012 Bottomline Technologies (NASDAQ: EPAY) announced that its B2B settlement network, Paymode-X, surpassed 200,000 members that are actively exchanging electronic payment (ePayment) and remittance data. In addition to this, the company announced that Paymode-X has now expanded payment capabilities to support 23 currencies spanning more than 30 countries. The network had first [...]