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NEWS FROM AFP: Bottomline Technologies Streamlines Cash Management Platform

Bottomline Technologies (Portsmouth, N.H.) has added new functionality to its WebSeries Global Cash Management platform. The enhancements, announced at the Association for Financial Professionals' 2009 annual conference, are designed to enable banks to leverage industry standard messages for faster, more efficient cash reporting.

Through these new cash reporting capabilities, banks can send account statements and advices to corporate clients and correspondent banks. WebSeries' new functionality, which includes Nostro reporting, allows bank admin users to configure clients more easily to receive statements and advices as needs and business requirements evolve.

WebSeries Global Cash Management platform manages payments and provides real-time cash management reporting.

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