The company has maintained an office in Melbourne since 2003 serving corporate customers using Bottomline's payment and document process automation solutions.
"This expansion enables us to build globally on the solid reputation and banking and financial services customer base Bottomline has established in North America," said Rob Eberle, president and CEO-elect of Bottomline Technologies. "Demand for and adoption of Bottomline's expanded corporate electronic banking platform is growing across several geographic markets, particularly in the Asia-Pacific region. By broadening our global capabilities with a dedicated and experienced team focused on the unique needs of global banks and financial institutions, Bottomline will be better positioned to attract and serve customers in the region."
Vinay Prabhakar, strategic project executive at Bottomline, has been named regional manager for Bottomline's Asia-Pacific banking team. Prabhakar has been with the company for nearly 10 years and possesses extensive experience in working closely with large banks and financial institutions to deploy treasury and cash management solutions.
Based on patented technology, Bottomline's WebSeries Enterprise Payments Platform allows banks and financial institutions to deploy value-added, Web-based cash management products and services to their corporate clients. The platform's combination of sophisticated workflow capabilities for Straight-Through Processing (STP) and multi-bank, multi-currency data integration allow organizations to leverage a single interface for the origination and processing of all types of inbound and outbound domestic and international payments.