Reliance Trust expands Bottomline implementation

Source: Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that Reliance Trust, one of the nation's largest independent trust companies and a subsidiary of Reliance Financial Corporation, has expanded its use of Bottomline's WebSeries platform with new capabilities for enhancing the user experience of clients generating on-demand trust fund payments.

Based on patented technology, the WebSeries platform integrates with industry-leading ERP systems and other financial applications, enabling organizations to establish more secure, efficient and cost-effective payment processes. In choosing Bottomline's capabilities, organizations such as Reliance Trust can streamline, monitor and control the entire lifecycle of specific types of payments from a single technology solution, while strengthening existing payment fraud detection capabilities.

"Financial institutions and corporations have invested considerable resources in developing systems that address not only their strategic objectives, but also the needs of their clients. The ability of WebSeries to integrate easily with a variety of applications ensures that our customers will be able to continue to bring to market the type of products and services their businesses require," said Chip Martin, Vice President of Bottomline Technologies. "We are pleased that Reliance Trust has chosen to expand its use of WebSeries, and we look forward to contributing to the ongoing success of this initiative."

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