Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and banking solutions, today announced the successful implementation of Legal eXchange ®, Bottomline’s legal invoice automation solution, as a tool to assist Nationwide Mutual Insurance Company (Nationwide) with their efforts to effectively and appropriately pay for necessary legal services.
“We chose Bottomline as a partner for three simple reasons,” said Joseph Centanni, Vice President of Claims, Nationwide. “Most importantly, we required a responsive and consultative partner who would help us to efficiently and appropriately manage our legal spend. And, as a very complex business, we needed a highly configurable solution. Last but not least, we were looking to partner with an established industry leader. Bottomline checked all those boxes.”
Supported by a network of more than 11,000 law firms, Legal eXchange helps many of the nation’s leading property and casualty insurers to invoice, budget and report on their outside legal counsel via the Web. Extremely customizable, Legal eXchange complements customers’ existing claims and payment systems and includes powerful reporting tools that provide insurance claims departments insight into real-time claims and billing data, increasing oversight over legal spend and improving litigation management processes. The intended results are greater efficiency and better litigation time and spend management.
“We couldn’t be more pleased to call Nationwide a partner,” said John Kelly, General Manager, Legal Solutions, Bottomline Technologies. “Nationwide’s drive for innovation as a market leader fuels our own quest for excellence, positioning us for mutual success.”About Nationwide Nationwide Mutual Insurance Company, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s. The company provides customers a full range of insurance and financial services, including auto insurance, motorcycle, boat, homeowners, pet, life insurance, farm, commercial insurance, annuities, mortgages, mutual funds, pensions, long-term savings plans and specialty health services. For more information, visit www.nationwide.com. Nationwide, the Nationwide frame mark, and On Your Side are service marks of Nationwide Mutual Insurance Company.
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