Bottomline Technologies, a provider of collaborative payment, invoice and document automation solutions, has acquired Allegient Systems, a provider of advanced capabilities for legal electronic billing (e-billing), bill review and analytics. Allegient’s proprietary software-as-a-service (SaaS) platform and value-added turnkey solutions will complement and extend Bottomline’s Legal eXchange portfolio, offering the combined customer base of well over 100 leading insurers unparalleled capabilities to effectively manage their legal expenses.
“This is a natural fit, and we believe the combination of Allegient’s offerings and strong domain expertise in insurance, together with Bottomline’s existing capabilities, will allow us to provide the most compelling offering in the industry to our combined customers,” said Rob Eberle, president and chief executive officer (CEO) of Bottomline Technologies.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.