Bottomline Technologies Expands Legal eXchange(TM) Platform; Next-Generation Legal Spend Management Platform Offers Enhanced User Experience, Data Analysis and Collaboration Capabilities.PORTSMOUTH, N.H. -- Bottomline Technologies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EPAY), a leading provider of payments and invoice automation software and services, today announced expanded functionality and new capabilities for Legal eXchange. Legal eXchange version 6.0 is a next-generation, Web-based legal spend management solution that enables corporate legal and claims departments to streamline invoice management processes, reduce costs and gain better insight into outside counsel performance. Featuring 'plug-and-play' dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. designs, an intuitive interface and fully integrated reporting, Legal eXchange 6.0 is a flexible and easy-to-use online service that provides instant access to the critical financial information surrounding corporate legal work. By providing more visibility into legal spend, Legal eXchange 6.0 empowers corporate and external counsel to create and maintain stronger partnerships. "Our work with leading corporate counsel and law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
Entirely Web-based, Legal eXchange's seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. with leading matter management and time and billing systems enables users to create an automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. workflow for invoice processing and approval, including discrepancy DISCREPANCY. A difference between one thing and another, between one writing and another; a variance. (q.v.) 2. Discrepancies are material and immaterial. resolution. Powered by a sophisticated rules engine, Legal eXchange's electronic data capture capabilities allow users to gain immediate visibility into resource allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs , budgetary comparisons, spend by law firm and workload statistics. With Legal eXchange 6.0, Bottomline's corporate clients gain value through: --Expanded business rules that ensure firms adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. established guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. . Clients can employ multiple criteria, including combinations of text and code data, to create defined filters that improve efficiency by eliminating false warnings. --'One-click' access to commonly used invoice, budget and reporting screens. --Integrated reporting and analysis capabilities that provide drill-down access to the detail underlying the data, plus the ability to export the data to a variety of paper or electronic formats. --Customizable screen layouts that deliver important information to users, increasing their efficiency and productivity. --New security, budgeting and application management capabilities to control legal spend. "Bottomline's corporate counsel customers are focused on the importance of managing costs without sacrificing quality," Gaillard added. "Offering an easy path to best-practice legal spend management, Legal eXchange 6.0 demonstrates Bottomline's ongoing commitment to assisting customers in achieving their strategic goals." Pricing and Availability Legal eXchange 6.0 is a Web-based ASP and is available today. Subscription-based pricing varies based on invoice volume. For an online demonstration, visit www.bottomline.com/legal or call 1-888-923-9553. About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) provides payments and invoice automation software and services to organizations seeking more secure and efficient financial processes. The company remains at the forefront of delivering innovative solutions that complement and extend the value of existing financial processes, business relationships and back-office systems. These solutions have enabled the world's leading corporations, banks and financial institutions to automate To turn a set of manual steps into an operation that goes by itself. See automation. , manage and control processes involving payments and collections, invoice approval, cash flow, risk mitigation MITIGATION. To make less rigorous or penal. 2. Crimes are frequently committed under circumstances which are not justifiable nor excusable, yet they show that the offender has been greatly tempted; as, for example, when a starving man steals bread to satisfy , reporting and document archive. For more information, please visit www.bottomline.com. Bottomline Technologies, Legal eXchange and the BT logo are registered trademarks of Bottomline Technologies, Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders. Cautionary Language This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties, including statements regarding expected benefits of use of the Company's products and future growth or results. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10K filed September 2005, Form 10Q filed May 2005 and any recently filed Form 8K's. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion