Bottomline Technologies Acquires Allegient Systems

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.

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