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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV