Bottomline Technologies and PeopleSoft Form Alliance; Leading ERP Vendor Delivers Bottomline's PayBase 32 Payment Technology Package to Global Customer Base
PORTSMOUTH, N.H. & PLEASANTON, Calif.--(BUSINESS WIRE)--April 8, 1999--Bottomline Technologies(R) (NASDAQ:EPAY), the premier provider of electronic payment solutions, today announced that it has entered into an alliance with PeopleSoft, the global supplier of enterprise business application software, to provide Bottomline's PayBase(R) 32 product suite to PeopleSoft customers.
The agreement enables organizations to utilize Bottomline's PayBase 32 suite, which facilitates electronic commerce by offering Internet-enabled electronic payments and receipts, LaserCheck(R) writing, and check-fraud avoidance tools, with PeopleSoft's applications for a comprehensive ERP and financial solution. By providing a seamless exchange of information, the joint offering enables organizations in the corporate, manufacturing, retail, government, education and high-tech/electronics industries to manage and execute all types of payments, and to share real-time financial data across the enterprise.
"Historically, we have often consulted with customers to help them utilize our software with PeopleSoft applications, and we have found that the combined solutions work efficiently together. With this alliance, we will be reaching a much broader scope of organizations, to provide them with the advanced functionality of our PayBase product suite," remarked Dan McGurl, President and Co-Founder of Bottomline Technologies. "PeopleSoft applications manage information that is vital to the top manufacturing, technology and retail corporations around the world, and Bottomline's PayBase suite completes the crucial financial end of the ERP loop. The combined solution will enable our future customers to increase productivity and enhance customer service via a more powerful, integrated supply chain system."
Joint Solutions Offer Flexibility, Power
Easily integrated with PeopleSoft ERP applications, PayBase 32 provides organizations with a streamlined solution that consolidates and manages payment/remittance functions. Disbursements -- from tax, claims, and payroll to A/P, A/R and expense reimbursements -- are originated from the corporate desktop and sent electronically via the secure Automated Clearing House (ACH) network. For customers with check printing needs, the LaserCheck system delivers an efficient and cost-effective operation which converts blank security paper to checks, complete with signatures, logos, custom forms and MICR lines.
"We chose to partner with Bottomline Technologies for their exceptional product functionality and strong track record in the payment technology field," said Mike Sofer, product strategy manager at PeopleSoft, Inc. "We look forward to bringing the joint solution to market."
Providing Value to Customers
The alliance provides Bottomline and PeopleSoft customers with an integrated, consolidated approach to payments. Currently, Bottomline's PayBase 32 is utilized in conjunction with PeopleSoft solutions by many organizations, including Bestfoods, Gillette & Company, Papa John's, and Vlasic Foods International. As Tom Stucki, Manager of Systems Planning and Control for Bestfoods remarks, "We wanted a flexible, powerful disbursement system that would integrate easily with PeopleSoft and allow us to process payments across our widely-distributed enterprise. We've been quite pleased with Bottomline's software and what it's done for our payroll processes."
About Bottomline Technologies
Bottomline Technologies(R) (NASDAQ:EPAY) is a leading provider of enterprise payment management software and services which facilitate electronic disbursements. The Company's PayBase(R) - 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. 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.
CONTACT:
Bottomline Technologies PR
Ellen Backus, 978-740-0780
PR@bottomline.com |
