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Bottomline Technologies Acquires Legal e-Billing Patent


PORTSMOUTH, NH – Bottomline Technologies (NASDAQ: EPAY), a leading provider of invoice automation and payments software and services, 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® 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.

“We believe that intellec

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You may apply for a patent for your invention.

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 Helpful Patent Terms
IFW

Definition:
Image File Wrapper - an electronic version of a patent application, including image and/or text versions of the bibliographic information, all papers as filed, and all office actions and correspondence related to that application.

Serial Number

Definition:
A number assigned to a patent application when it is filed. A serial number is usually used together with a two digit series code to distinguish between applications filed at different times.

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