Bottomline Technologies has been named a ‘market-leading’ cash management provider in the United States for the sixth consecutive year, according to the 2024 Datos Matrix: US Cash Management Technology Providers report. The annual evaluation, conducted by Datos Insights, is a trusted assessment of top cash management technology providers, analysing their performance across a range of categories, including product innovation, customer service, and strategic consulting.
Bottomline, a global leader in business payments and cash management, achieved the highest overall position in the report’s performance quadrant. The company was recognised for excelling across multiple evaluation areas, with particular strengths noted in its product features, customer migration capabilities, and post-implementation support. This achievement highlights Bottomline’s continuous focus on delivering reliable, scalable solutions for businesses of all sizes.
According to Christine Barry, Strategic Initiatives Leader at Datos Insights, “Bottomline scores very high in both the quality of its management team and its commitment to innovation. Its robust and scalable product features meet the needs of businesses of all sizes. Just as noteworthy, Bottomline’s diverse client base and very high retention rates reflect the stability and lasting value it provides. Clients consistently praise the company for its ability to deliver on promises and recognise it as a trusted partner.”
The 2024 Datos Matrix report evaluates cash management providers on key aspects such as payment and data capabilities, integration with fintechs and ERPs, and platform extensibility. Bottomline’s high ranking in these areas is a testament to its dedication to providing cutting-edge digital banking and payment solutions. The report also underscores Bottomline’s ability to support banks and businesses through comprehensive cash management tools, enabling them to strengthen customer relationships and create new revenue streams.
Kevin Pettet, Chief Revenue Officer for Banking at Bottomline, expressed pride in the recognition, stating, “It’s an honour to be named the leading provider in Commercial Digital Banking. Our banking customers see us as partners, not just vendors, because we guide them through the entire journey—from strategic consulting to product innovation and best-in-class implementations.”
Pettet highlighted Bottomline’s proactive role in supporting clients throughout their digital transformation process. “We work as a strategic partner from the start, ensuring seamless customer migration and providing strong post-launch support. Our comprehensive suite of digital banking, cash management, and payment services empower banks to grow their businesses and secure primary customer relationships,” he added.
With more than 35 years of experience in the sector, Bottomline helps businesses and financial institutions modernise their payments infrastructure. Handling over $10 trillion in payments annually, the company continues to be a significant player in the global payments landscape.
Bottomline’s solutions are aimed at driving impactful results by reimagining the way businesses pay and get paid, offering secure, comprehensive systems that benefit both businesses and financial institutions.
The company’s success also reflects its ongoing partnership with Thoma Bravo, one of the world’s largest software private equity firms, managing over $160 billion in assets. Bottomline remains committed to delivering innovative solutions that contribute to its clients’ success. For more information visit www.bottomline.com.
