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About Bottomline.... No more riding the paper trail: Bottomline Technologies' electronic data interchange (EDI) software enables companies to move the money cow electronically. Its PayBase software helps users make, receive, and manage payments (payroll, commissions, bills) and notifies payees via e-mail or fax. The Windows NT-based suite works with a company's existing software and has the optional LaserCheck printing system and a tax payment module. The Federal Reserve Bank offers members Bottomline-developed software (FEDI) for receiving payments electronically. Customers include Charles Schwab, Dow Jones, and Harvard University. Co-founders Daniel McGurl (CEO) and James Loomis (a director) each own about 25% of the company.
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