September 14, 2009 Bottomline Technologies (Portsmouth, N.H.) announced expanded functionality for its WebSeries Global Cash Management platform, introducing new, dynamic capabilities for payment transactions and cash reporting. With this new functionality, global banks and financial institutions can offer corporate clients advanced capabilities for constructing user-defined reports that support Web 2.0 best practices, according to the vendor.

Reports can now be tailored to support the informational requirements of individual job functions by dragging and dropping columns, performing arithmetic functions, linking directly to transaction detail from within the reporting tool, as well as providing cross-payment trending information. By providing corporate clients with greater control over how reports are compiled, formatted and shared with other users, banks can enable their clients to take a more active role in mining the information required to make better decisions concerning their cash management, according to Bottomline Technologies.

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & ...