Bottomline Launches New Tools for Legal Spend Management Reporting and Analysis
Legal eXchange® Reporting Suite Delivers Greater Visibility and Analytics
PORTSMOUTH, N.H. – March 09, 2010 –
Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced the availability of powerful new reporting tools: Analyzer and SmartReports. These integrated solutions allow Legal eXchange users to strategically analyze their legal spend and law firm performance.
Legal eXchange Analyzer and Legal eXchange SmartReports provide users with powerful tools for lowering the total cost of case outcomes. They allow users to quickly identify case cost drivers, review information at a granular level, and leverage their data into better strategic decisions. These new tools, coupled with the unique auditing functionality available through Legal eXchange Explorer create a comprehensive reporting suite for the entire lifecycle of a matter.
“We listened to our clients requests for analytical tools and developed a new approach that couples simple, intuitive reports in SmartReports, with Analyzer’s ad-hoc reporting capabilities. Together, they give our clients the key to unlocking the information within their legal spend data,” said Tom Gaillard, senior vice president and general manager of Bottomline Technologies. “With Legal eXchange, our clients gain immediate efficiency gains through automating legal invoice receipt and workflow and can leverage historical data to secure the most desirable case outcomes.”
By using Legal eXchange Analyzer and Legal eXchange SmartReports, organizations can now pursue a best practice approach to legal spend management:
· Better manage matters, budgets and law firm performance with a core library of standard reports;
· Benchmark internal and external performance through customizable transactional and analytical reports;
· Create configurable reports that incorporate custom fields to reflect unique business requirements; and
· Improve strategic decision making by analyzing an aggregated view of key matter metrics.
Legal eXchange is the legal spend management platform of choice for 60,000 users and a growing network of more than 6,000 law firms. Corporate legal and insurance claims departments trust Legal eXchange to increase process efficiencies, strengthen collaboration with outside counsel, and improve case handling strategies.
About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The company’s solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimization of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com.
Company Contact:
Alana Burns
Bottomline Technologies
603-501-6601
aburns@bottomline.com
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