Bottomline Technologies Teams Up With AFP(R) for Inaugural Payments Cost Benchmarking Survey

PORTSMOUTH, N.H., Oct. 06, 2015 (GLOBE NEWSWIRE) -- Bottomline Technologies (NASDAQ:EPAY), a leading provider of cloud-based payment, invoice, and digital banking solutions, today announced it has underwritten the inaugural Association for Financial Professionals (AFP^®) Payments Cost Benchmarking Survey. The study provides finance professionals with insight into the expenses related to the payment process. 

The survey results were based on responses from over 500 finance professionals from companies of all sizes across 15 industry sectors.

Treasury and finance professionals can leverage this rich set of data regarding the cost of various payment methods to quantify the significant cost savings that are available through electronic payments.

"Finding the true cost for making payments is challenging for treasury professionals," says Jim Kaitz," AFP President and Chief Executive Officer. The AFP Payments Cost Benchmarking Survey helps treasury professionals benchmark their organizations' payments cost structure and can help them build a business case to transform their payments systems."

"This study provides real data around the cost savings and efficiencies available through electronic payments," said Jessica Moran, General Manager of Cloud Payment Solutions at Bottomline Technologies. "We are pleased to have partnered with AFP to make this valuable information widely available."

On November 19^th at 2:00 P.M. EST, AFP is hosting an informative webinar revealing key findings from its inaugural survey. To register, please visithttp://www.afponline.org/pub/ed/Events/Webinar-2015_Payments_Cost_Benc ... and reference code 1119V77 to waive the registration fee.

The full report will also be available free of charge by visiting https://goo.gl/BYWaeS.

For more information about the benefits from moving from paper-based to electronic payments, visit http://www.bottomline.com/us/payments-and-cash-management or stop by booth #1217 at the AFP Annual Conference, October 18^th-21^st, in Denver, CO.

ABOUT AFP

Headquartered outside Washington, D.C., the Association for Financial Professionals (AFP) is the professional society that represents finance executives globally. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance. The quarterly AFP Corporate Cash Indicators serve as a bellwether of economic growth. The AFP Annual Conference is the largest networking event for corporate finance professionals in the world. For more information, visit www.afponline.org/