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Since 1989, Bottomline has been modernizing global business payments with connected solutions for more than 800,000 financial institutions and businesses in 92 countries.
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Portsmouth, NH (April 11, 2023) – Bottomline, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced that its Paymode-X invoice automation and B2B payments platform, has been named a “Market Leader” in the 2023 ePayables Technology Advisor report from Ardent Partners, a leading research and advisory firm.
Bottomline Paymode-X automates and optimizes the invoice-to-pay process. By managing and paying supplier invoices digitally, companies decrease manual tasks and paperwork, reduce the unnecessary risk of fraud, and create rebate opportunities which boosts cash flow. The solution integrates seamlessly with any accounting and ERP systems and processes. Paymode-X is a closed, authenticated, protected network, securely processing $400 billion+ in business payments across 525,000 businesses. Seven of the nation’s leading treasury banks are Paymode-X partners.
The 2023 ePayables Technology Advisor evaluates the market’s top vendors based on a matrix of solution and provider strength. Ardent analysts have decades of first-hand experience in ePayable solutions, making them highly qualified to give finance teams sound advice and guidance.
In its evaluation of Paymode-X, the report noted the solution:
“As a market leader offering universal strength and an ability to execute at the highest level, we noted Paymode-X for its comprehensive B2B payment capabilities,” said Bob Cohen, Vice President of Research at Ardent Partners. “For companies needing an integrated and robust invoice automation solution with strong B2B payment and banking capabilities, Paymode-X distinguishes itself.”
Bottomline’s General Manager for Paymode-X, Tom Dolan, said, “It’s an honor for our team to be recognized among ePayables leaders. We continue to focus on delivering customer delight, creating sustained business value and excellent execution. This committed approach is the driving force behind developing best-in-class software and strong supplier and customer enablement.”
About Bottomline Bottomline helps businesses transform the way they pay and get paid. A global leader in business payments and cash management, Bottomline’s secure, comprehensive solutions modernize payments for businesses and financial institutions globally. With over 35 years of experience, moving more than $10 trillion in payments annually, Bottomline is committed to driving impactful results for customers by reimagining business payments and delivering solutions that add to the bottom line. Bottomline is a portfolio company of Thoma Bravo, one of the largest software private equity firms in the world, with more than $160 billion in assets under management. For more information visit www.bottomline.com. Bottomline, Paymode, and the Bottomline logo are trademarks or registered trademarks of Bottomline Technologies, Inc. Contact for Media Heather Pavliga Global Head, Brand & Communications Bottomline pr@bottomline.com
Bottomline helps businesses transform the way they pay and get paid. A global leader in business payments and cash management, Bottomline’s secure, comprehensive solutions modernize payments for businesses and financial institutions globally. With over 35 years of experience, moving more than $10 trillion in payments annually, Bottomline is committed to driving impactful results for customers by reimagining business payments and delivering solutions that add to the bottom line. Bottomline is a portfolio company of Thoma Bravo, one of the largest software private equity firms in the world, with more than $160 billion in assets under management. For more information visit www.bottomline.com.
Bottomline, Paymode, and the Bottomline logo are trademarks or registered trademarks of Bottomline Technologies, Inc.
Contact for Media Heather Pavliga Global Head, Brand & Communications Bottomline pr@bottomline.com
