By Business Wirevia The Motley Fool
Filed under: Investing
Bottomline Technologies to Present at NACHA’s Payments 2013
PORTSMOUTH, N.H.–(BUSINESS WIRE)– Bottomline Technologies (NAS: EPAY) , a leading provider of cloud-based payment, invoice and banking solutions, today announced that Amy Hoke, Vice President, Paymode-X® Product, will be a speaker at the annual NACHA Payments conference being held in San Diego, CA. Ms. Hoke’s presentation will focus on corporate best practices when automating payables globally.
The presentation, entitled “A Corporate Guide to AP Automation”, will be presented from 9:30 to 10:30am on April 22. Co-presenting with Amy is Tom Kusch, Accounts Payable/Expense Manager, Compuware. The speakers will discuss how automating payables can deliver concrete cash, cost and efficiency benefits. Case study examples will be provided illustrating the benefits of using a global settlement network to connect payers with their suppliers.
“Regardless of size, companies today are looking for ways to make payments more efficiently” said Amy Hoke, Bottomline’s Vice President. “While cost reductions have always been a driver for automating AP, making payments globally increases the need for innovative payment solutions that ensure payment integrity and timing. Bottomline’s Paymode-X is uniquely designed to address customers’ more complex payment needs, and as a result Paymode-X has grown to be the largest network of its type in the world.”
NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. The ACH Network provides a safe, secure, and reliable network for direct account-to-account consumer, business, and government payments. Annually, it facilitates billions of Direct Deposit via ACH and Direct Payment via ACH transactions. 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. As a not-for-profit association, NACHA represents more than 10,000 financial institutions via 17 regional payments associations and direct membership. 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 200,000 global members exchanging electronic payments, remittance advices and invoices. With Paymode-X, payers can accelerate the conversion of paper to electronic payables and optimize working capital. Vendors enjoy faster access to cash and a streamlined receivables process.
Editorial Note: Bottomline will be exhibiting in booth #223 at NACHA Payments, April 21-24, 2011 in San Diego, CA. For more information or to arrange an on-site meeting, please contact
Source: FULL ARTICLE at DailyFinance
