"More and more people across the world are electing to pay bills online, and Virginia Tech has jumped on board with its new e-bill system. This semester, students were required to view their tuition statements online and choose an electronic process to pay them."
Bottomline Technologies (NASDAQ: EPAY), a leading provider of invoice automation and payments software and services, today announced the company has acquired a patent which addresses the process of online budgeting and evaluation of legal invoices. In acquiring this patent, Bottomline expands its portfolio of intellectual property rights and strengthens the company's position as a leading provider of legal spend management services to corporate legal and insurance claims departments. This patented technology enables clients and outside counsel to work collaboratively to negotiate and approve budgets online while also facilitating real-time tracking of expenses incurred against a budget. Through the use of Bottomline's Legal eXchange(R) solution for electronic invoice management, customers are able to transform the efficiency of legal billing processes to reduce operating costs and attain greater visibility into the performance of outside law firms.
Efectivale, Mexico's largest Money Voucher service company, recently chose the newly formed Striata / CIS partnership to deliver a unique integrated ERP and eBilling solution," announces Mario Gonzalez, Managing Director at CIS.
Payment Data Systems, Inc. (OTC BB: PYDS), an integrated electronic payments solutions provider, announced today that Protection One, among the nations largest monitored security services company, has signed a new contract with PDS to provide merchant services and ACH processing for all payments flowing through KUBRA 's e-billing application.
LexisNexis Examen Inc., an industry-leading provider of legal spend management solutions, announced today that Health Net, Inc. has elected to extend their use of the LegalPrecision(R) solution. The use of LegalPrecision, one of the legal spend management products from LexisNexis Examen, allows Health Net to quickly and electronically process their legal invoices from outside counsel.