Bottomline Technologies PayBase Added as an Arthur Andersen Best Practices Payment Solution
Arthur Andersen to include Bottomline's PayBase(R) product suite in Electronic Commerce offerings
PORTSMOUTH, N.H. and CHICAGO--(BUSINESS WIRE)--March 24, 1999-- Arthur Andersen LLP and Bottomline Technologies® (NASDAQ:EPAY - news) today announced that Bottomline's PayBase payment technology will be offered by Arthur Andersen as a Best Practice solution for corporate payments. PayBase will be offered as part of Arthur Andersen's Electronic Commerce solutions, part of which are designed to help companies position themselves for a seamless transition to secure, more cost effective electronic payments.
PayBase will be featured as a central technology that initiates controls and manages electronic payments. Arthur Andersen professionals will work with Bottomline's sales, training, and technical professionals to integrate PayBase into an organization's financial applications.
''We are excited about the value Bottomline Technologies' PayBase products offers the marketplace,'' said Russ Gates, managing director for Arthur Andersen Computer Risk Management competency group. ''PayBase allows organizations to improve both productivity, flexibility and risk management while reducing costs as they transition from the traditional paper check process to electronic payments. With explosive growth in Electronic Commerce, our clients are looking for secure and cost effective ways of putting electronic payment systems in place. With Bottomline Technologies, we can now offer that capability in a host of situations.''
This relationship began a year ago when Arthur Andersen identified Bottomline Technologies as a vendor of Best Practice payment solutions providing companies with tools that enable the flexible transition from paper checks to electronic payments, while simultaneously offering valuable security components for reducing check and payment fraud. The two organizations have been working together since then to certify Arthur Andersen consultants in the technology and implementation procedures for PayBase, and to integrate these tools into the Electronic Commerce solutions offered by Arthur Andersen.
''The opportunity for our PayBase product to be adopted by the organizations in Arthur Andersen's extensive professional services network is very exciting for us. We expect the relationship to enrich our position as the leading provider of software to manage and control enterprise-wide payments,'' said Dan McGurl, President and CEO of Bottomline Technologies.
About Arthur Andersen
Arthur Andersen is a global professional services organization consisting of over 100 member firms in 81 countries. Its more than 70,000 people are united by a single worldwide operating structure and common culture that fosters innovation, knowledge sharing and quality service. This unique ''one-firm'' approach qualifies the people of Arthur Andersen to serve clients by bringing together any of more than 40 services in a way that transcends geographic borders and organizational lines. Arthur Andersen's people provide effective business solutions to more than 100,000 clients around the world. Since its beginning in 1913, Arthur Andersen has realized 85 years of uninterrupted growth. With revenues of over US$6 billion, it stands today as a world leader in professional services. Arthur Andersen is a business unit of Andersen Worldwide.
About Bottomline Technologies
Bottomline Technologies® (NASDAQ:EPAY - news) is a leading provider of enterprise payment management software and services which facilitate electronic disbursements. The Company's PayBase® - Payment Server32 suite enables organizations to transition from traditional paper checks to electronic payments, to engage in electronic commerce, and to control all payment functions from a single platform. PayBase provides Internet capability in an NT, native 32-bit package. Bottomline's solutions are utilized by over 2,000 organizations representing every major industry sector, from education, government and healthcare to finance, manufacturing, and retail. The Company is a member of Microsoft Solution Provider, Independent Software Vendor (ISV) and Value Chain Initiative (VCI) programs, and also has partnership arrangements with key software vendors, including Oracle, SAP, Peoplesoft, Lawson, and J.D. Edwards. Founded in 1989, Bottomline maintains it's headquarters in Portsmouth, NH and has satellite offices located in most major cities. For more information, dial (800) 243-2528 or visit Bottomline on the web at www.bottomline.com.
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Contact:
Bottomline Technologies PR
Ellen Backus
978-740-0780
pr@bottomline.com
or
Arthur Andersen
Russ Gates, 312/507-4810
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