This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bottomline Technologies Announces Successful Implementation Of Legal Spend Management Solution

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,040.37 +29.69 0.16%
S&P 500 2,111.73 +4.34 0.21%
NASDAQ 5,082.9290 +12.9030 0.25%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs