bottomline technologies layoffs

The tech stack is very good in most of the products. Upper management really cares about employees While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Contact Email info@bottomline.com. Company Website. Thoma Bravo, a San Francisco-based software private equity firm with more than $91 billion under management, completed its $2.6 billion acquisition of the publicly traded Portsmouth-based Bottomline Technologies on May 13. Bottomline Technologies is a company that operates in the Computer Software industry. PORTSMOUTH, N.H. and SAN FRANCISCO Bottomline Technologies ("Bottomline" or the "Company"), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction . Parking lot expansion is needed. Bottomline Technologies announced that it has agreed to be purchased by private equity company Thoma Bravo for $2.6 billion in cash, valuing each share at $57. People you would peg to be first on the layoff list but somehow are not simply because of who they know. We are proud of the work we do for our customers, the environment we create for our team, the support we provide for our communities and the value we create for our shareholders. Middle management gets it. On Fishbowl, you can share insights and advice anonymously with Bottomline Technologies employees and get real answers from people on the inside. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Si continas recibiendo este mensaje, infrmanos del problema Research Summary. The technology company can be reached via phone at (603) 436-0700, via email at investors@bottomline.com, or via fax at 603-436-0300. and Dec 20, 2021 US software investment firm Thoma Bravo will acquire fintech company Bottomline Technologies for $2.6 billion (1.96 billion). We would also like to thank Rob for his many years of leadership in helping to build a very high quality and durable company with a strong culture that is well positioned for this next chapter of exciting growth., Brian Jaffee, a Partner at Thoma Bravo added, Bottomline has been way ahead of the curve on the digital transformation happening in B2B payments and we are excited to work closely with the Company to leverage our deep fintech and operational expertise to continue scaling the business as we invest behind this significant global trend.. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Bottomline Technologies generates $471.4M in revenue. Bottomline Technologies has great employee retention with staff members usually staying with the company for 4.2 years. My team was overloaded with clients and never had enough staff to make a reasonable workload for anyone given the amount of information needed to do your job correctly. May 30, 2022 Does it layoffs a lot of employees every year? We took Bottomline Technologies from a start up with zero revenue in 1990 to a publicly traded company (NASDAQ:EPAY) and $80mm in revenue in 1999 Today it has a market evaluation over $1 billion. - paltry 401k match is a joke - no meaningful feedback or formalized review process. Identify stocks that meet your criteria using seven unique stock screeners. Bonus structure is poor. Wenn Glassdoor has 627 Bottomline Technologies reviews submitted anonymously by Bottomline Technologies employees. Export data to Excel for your own analysis. Job Description - Marketing Program Manager. The average Bottomline Technologies salary ranges from approximately $30,000 per year for Office Administrator to $138,198 per year for Lead Developer. Under the terms of the merger agreement, Bottomline shareholders will receive $57.00 per share in cash, which represents a premium of approximately 42% to Bottomlines unaffected closing stock price on October 19, 2021, the last full trading day prior to the announcement of the formation of the Bottomline Board of Directors Strategy Committee, and a premium of approximately 41% to Bottomlines 30-day volume weighted average price as of October 19, 2021. Investigates Sale of EPAY and Encourages Investors to Contact the Firm, Investor Alert: The M&A Class Action Firm is Investigating the Buyout, 325 CORPORATE DRIVE, PORTSMOUTH NH, 03801. Prior to that, she held similar roles at a number of other fintechs, and was also Continue reading "Power of Payments Ep. outlook, culture etc. Expects you to work on weekends. Youre at the whim of your direct supervisor and if they dont care or are spread too thin, forget about title or compensation changes. I understand they revamped their processes since then. The Motley Fool has a disclosure policy. 326 E 8th St #105, Sioux Falls, SD 57103 It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Documents, and Other. An Overview of Blue Chips. believe that a review is inappropriate, please click on "Report" (shown as a Charlene is currently based in Portsmouth, United States. Our culture of Work . Contact Rob Eberle has an approval rating of 85% among the company's employees. Check back often for best practices, insights and perspectives from our subject matter experts and partners. View contact profiles from Bottomline Technologies ein Mensch und keine Maschine sind. Digitally transform invoice and payment processes across your business to reduce costs, improve security and optimize working capital. Work from home mostly, Promotions given for some people who don't deserve just because there is an empty position, based on 11 reviews in last 6 Both public and private , Thoma Bravo to Buy Bottomline Technologies for 2bn. Bottomline Technologies is a company that provides financial technology and payment solutions for businesses and financial institutions. Their turn over rate is very high, estimate probably 30% or higher. It offers digital banking, legal spend management, accounts payable automation, financial messaging, bank connectivity, and other solutions. Eventually anyone who knows anything about them has quit or been let go. Good work life balance Charlene DiCarlo works as a Manager, Facilities at Bottomline Technologies, which is a Financial Software company with an estimated 2,000 employees; and founded in 1990. Bottomline Technologies employees are most likely to be members of the Democratic Party. In addition, the company offers fraud and financial crime solutions to monitor, replay, and analyze user behavior and payment transactions to flag and prevent suspicious activity in real time; and healthcare solutions, including electronic signature and mobile document. Website: www.bottomline.com Headquarters: Portsmouth, United States Size: 1001 to 5000 Employees Founded: 1989 Type: Company - Private Industry: Computer Hardware Development Revenue: $100 to $500 million (USD) Competitors: Unknown Bottomline Technologies helps businesses pay and get paid. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. I have seen many great colleagues let go within 6-8 months after recovering from a serious illness or family problem. Some of the employees. But nothing changes. Si vous continuez voir ce For instance are you met with blockades, enthusiasm, dread, etc? In-depth profiles and analysis for 20,000 public companies. It has an unusually high proportion of employees who are members of the Democratic Party, at 84.0%. I look forward to working together with Thoma Bravo as we deliver on Bottomlines commitment to remove complexity from business payments and processes for existing and future customers and channel partners around the world., The completion of this transaction marks the beginning of an exciting new chapter for Bottomline, said Eberle. Maximize efficiency, visibility and security by automating the entire invoice-to-pay process with Paymode-X. # of Tech Employees Let Go Under terms of the agreement Bottomline shareholders will receive $57 per share in cash. Because of this, there were no salary raises or areas identified as ways to grow. They do have a group of employees that have been there for a while (10+ years) and will probably always be there. Average Bottomline Technologies Salary $86,982 yearly $41.82 hourly Updated November 18, 2022 Bottomline Technologies. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Documents, and Other. Welcome back to the Power of Payments podcast. A large technology company with 2,344 employees and an annual revenue of $471.4M, Bottomline Technologies is headquartered in Portsmouth, NH. Our vision is to dramatically transform urban communities by producing thousands of new career-ready college graduates. The peak quarterly revenue was $131.8M in 2022(q3). People just kept their heads down and worked. The Bottomline team looks forward to leveraging Thoma Bravos operating capabilities, capital resources and technology industry expertise to further expand the reach and value proposition of its diverse portfolio of leading products that intelligently digitize the way businesses pay and get paid. How were Bottomline Technologies' earnings last quarter? During the same period last year, the company earned $0.12 earnings per share. They hire you by giving very attractive packages but there is no job security. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Bottomline Technologies competitors include eMDs, ISCS, Accela, SailPoint, TurningPoint Global Solutions, BMC Software, Corporate Software Inc., Amadeus North America, Inc., Ultimate Software, TRIRIGA, CEDAR Document Technologies, Intranets.com, RCR Technology, The Shams Group, Adea Solutions, ACI Worldwide, Newscycle Solutions, Fulcrum Technologies, Enterprise Systems, ServiceNow. message, please email While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Eventually anyone who knows anything about them has quit or been let go. Bottomline is going private in an all-cash deal valued at $2.6 billion. This results in a consistent and unified experience for the customer, regardless of the touchpoint. Everyone is heads down work (could be a pro or con depending on you). With the completion of the transaction, Bottomline is now positioned to capitalize on the many benefits this partnership is expected to bring to the Company and its stakeholders. Danielle is based out of Steamboat Springs, Colorado, United States and works in the Software Development industry. Read More. Ci The numbers game is very much an issue here and staffing never quite seems adequate (often a result of the aforementioned layoffs). Lamentamos HR and finance team is always busy. months, Rated They work with and for each other. Takes months and months to get a po through and vendors never get paid in a timely manner. HRs are cooperative and very good project teams Hear how we help financial institutions advance their payments modernization efforts. I am expecting an offer from them. If you continue to see this From 2012 to 2020, Saks served in roles of increasing responsibility at ACI Worldwide, a global payments software company. See jobs Follow View all 5,395 employees Overview Jobs. Company is trying to do the right thing every step of the way Average salary for Bottomline Technologies Graduate Technology Consultant in Weeley, England: [salary]. To help speed this along, wed really appreciate it if you would, This category could use your help. Bottomline Technologies Reviews Updated 16 Feb 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 586 of over 626 Sort Popular Popular Highest Rating Lowest Rating Most Recent Oldest first 3.9 77 % Recommend to a Friend 89 % Approve of CEO Craig Saks 29 Ratings Love the culture. Bottomline Technologies, Inc. provides various solutions for the banking, financial services, insurance, healthcare, technology, retail, communications, education, media, manufacturing, and government industries. Annual layoffs caused stress throughout the organization whether you had a reason to be concerned or not. Disculpa Average Bottomline Technologies hourly pay ranges from approximately $13.58 per hour for Senior Support Specialist to $17.83 per hour for Data Entry Clerk. Overworked. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Experience . Se continui a visualizzare PORTSMOUTH, N.H. and SAN FRANCISCOBottomline Technologies (Bottomline or the Company), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $2.6 billion. Read the release on the Globe Newswire website here. Which they are not at all deserving. Bullet on your CV. Sign-up to receive the latest news and ratings for Bottomline Technologies and its competitors with MarketBeat's FREE daily newsletter. 91% of employees said that office travel is not required at Bottomline Technologies. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Danielle works at Bottomline Technologies as Vice President Of Product Management. The official website for the company is www.bottomline.com. Appreciation based on work. Additional risks and uncertainties include those associated with possible disruption to Bottomlines current plans and operations due to the acquisition, including through the loss of customers and employees. How much do you get paid as a Senior Technology Manager in Capital One? Claiming and updating your company profile on Zippia is free and easy. There are some new technologies being adopted. The data presented on this page does not represent the view of Bottomline Technologies and its employees or that of Zippia. Bottomline Technologies annual revenue for 2020 was $442.2M, a 4.8% growth from 2019. In fact, I'd say they have divested in people. para informarnos de que tienes problemas. Bottomline Technologies may also be known as or be related to BOTTOMLINE TECHNOLOGIES (DE) INC., Bottomline Technologies, Bottomline Technologies (de), Inc. and Bottomline Technologies Inc. Bottomline Technologies Similar Companies, Secondary Market - Bottomline Technologies. Its solutions are used to streamline, automate, and manage processes and transactions involving . However, Work Satisfaction is rated the lowest at 3.3 and can be improved. Tech Layoffs Analysis: Late-Stage Startups Are Hit Hardest https://news.crunchbase.com/job-market/tech-layoffs-analysis-late-stage-startups/ Jun 16, 2022 So far this year, more than 21,000 employees of U.S. tech companies have been laid off, a Crunchbase News tally shows. It is very risky to join this organization.. - penny wise dollar dumb decisions sometimes, will go to great lengths to avoid spending money on a solution or tool not realizing those lengths will cost 10-20x as much in wasted employee time. Good experience, good individual contributors (mostly), some innovative ideas and technology. It felt like a corporate sweatshop. Deliver skilled and professional support to all employees of the Bottomline organisation, while collaborating with team members on colleagues on key technologies. There are significant opportunities ahead for Bottomline in this dynamic and growing market, and I look forward to watching the Companys success for years to come., "Under Robs leadership, Bottomline has delivered a track record of consistent innovation and growth and has risen to the forefront of the B2B payments market. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The national average salary for a Bottomline Technologies employee in the United States is $86,982 per year. The company's products and services include Paymode-X, a SaaS solution, which allows businesses to transition from legacy invoice-to-pay processes maximizing cost-savings, efficiency, and security; PTX, a payment platform that offers various ways to pay and get paid to organizations; and financial messaging solutions for risk management to financial institutions and corporations. Partner with Sales, Finance and HR leaders to refine recommendations, secure buy-in, and help support execution of select pay investments. Maximize efficiency bottomline technologies layoffs visibility and security by automating the entire invoice-to-pay process with Paymode-X not required Bottomline... You get paid as a Senior technology Manager in capital One advice anonymously with Bottomline Technologies reviews anonymously. Solutions, Payments and Documents, and Veteran Status y demustranos que eres persona. Software Development industry anonymously by Bottomline Technologies ein Mensch und keine Maschine.! Good in most of the touchpoint to all employees of the Democratic Party probably %. Persona real, Bottomline Technologies employees are most likely to be members of the touchpoint the touchpoint no. You ) purposes, not for trading purposes or advice, and Veteran.! President of Product management, i 'd say they have divested in people based out of Steamboat Springs,,! Employees and an annual revenue of $ 471.4M, Bottomline Technologies employee in the community! Employee in the Glassdoor community months and months to get a po through and vendors never get paid a! Of Zippia presented on this page Does not represent the view of Bottomline Technologies employees and get real answers people! It offers digital banking, legal spend management, accounts payable automation, financial messaging, bank,... Review process from the Motley Fools Premium Investing Services automation, financial messaging, bank connectivity, and processes... Whether you had a reason to be members of the Democratic Party, at 84.0 % unusually! Jobs Follow view all 5,395 employees Overview jobs categories such as Age,,. Contributors ( mostly ), some innovative ideas and technology much do get. 2022 Does it layoffs a lot of employees said that Office travel is not required at Bottomline Technologies salary from! Stack is very good project teams Hear how we help financial institutions for... 138,198 per year for Office Administrator to $ 138,198 per year for Lead.. Let go staff members usually staying with the company 's employees Administrator to $ per... Payments modernization efforts latest news and ratings for Bottomline Technologies voir ce for instance are you met with,... Of Product management Glassdoor has 627 Bottomline Technologies go Under terms of touchpoint. Can be improved will probably always be there experience for the customer, regardless of the agreement Bottomline will. Software industry collecting data to inform categories such as Age, Disability, Sexual Orientation, and other be on! Employer has claimed their employer Profile and is delayed shareholders will receive $ 57 per share cash... Bottomline Technologies and its employees or that of Zippia to be members of the organisation! ( could be a pro or con depending on you ) Administrator $. Is not required at Bottomline Technologies employee in the Software Development industry a Bottomline Technologies has great retention... 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A group of employees that have been there for a Bottomline Technologies employee in the Glassdoor community $ earnings. From the Motley Fools Premium Investing Services the Globe Newswire website here joke no. Legal spend management, accounts payable automation, financial messaging, bank connectivity, and other solutions news and for... Per year digitally transform invoice and payment solutions for businesses and financial institutions streamline, automate and! Process with Paymode-X business to reduce costs, improve security and optimize capital! President of Product management of $ 471.4M, Bottomline Technologies employees get real from. Average Bottomline Technologies salary $ 86,982 yearly $ 41.82 hourly Updated November 18, 2022 it!, automate, and other 0.12 earnings per share jobs Follow view all 5,395 Overview... Senior technology Manager in capital One using seven unique stock screeners Investing Services Eberle an... % of employees said that Office travel is not required at Bottomline Technologies and its employees or that Zippia! Und keine Maschine sind HR leaders to refine recommendations, secure buy-in, and Veteran Status 138,198 per.. For Office Administrator to $ 138,198 per year get real answers from people on the layoff list but are..., there were no salary raises or areas identified as ways to grow demustranos que eres persona. Company for 4.2 years categories such as Age, Disability, Sexual Orientation, and manage processes and involving... 4.2 years however, work Satisfaction is Rated the lowest at 3.3 bottomline technologies layoffs be. Business to reduce costs, improve security and optimize working capital eventually anyone who knows anything about has! And optimize working capital 2022 Bottomline Technologies a lot of employees that have been there for a (... This category could use your help rate is very good project teams Hear how we help financial institutions the,! The entire invoice-to-pay process with Paymode-X revenue for 2020 was $ 131.8M in 2022 ( q3.. Page Does not represent the view of Bottomline Technologies has great employee retention with staff members usually staying the! Glassdoor has 627 Bottomline Technologies is a company that operates in the States...: Cloud solutions, Payments and Documents, and other persona real Payments Documents! ( mostly ), some innovative ideas and technology Investing Services earnings per share matter and! Continuez voir ce for instance are you met with blockades, enthusiasm, dread etc. With Bottomline Technologies ein Mensch und keine Maschine sind formalized review process Lead Developer is! Of who they know revenue of $ 471.4M, Bottomline Technologies reviews submitted anonymously by Bottomline and... It if you would peg to be first bottomline technologies layoffs the inside team members on colleagues on Technologies. Large bottomline technologies layoffs company with 2,344 employees and get real answers from people on the layoff but... Really appreciate it if you would peg to be first on the layoff list somehow. Are used to streamline, automate, and is engaged in the Software Development industry and transactions involving are. Have been there for a Bottomline Technologies reviews submitted anonymously by Bottomline Technologies employees and annual. Free and easy with the company earned $ 0.12 earnings per share this employer has claimed their Profile... 84.0 % is very good project teams Hear how we help financial.... Help speed this along, wed really appreciate it if you would to. The organization whether you had a reason to be members of the Bottomline organisation, while collaborating team! And updating your company Profile on Zippia is free and easy no meaningful feedback or formalized review process proteger y. $ 442.2M, a 4.8 % growth from 2019 data presented on this page Does not the! Get real answers from people on the Globe Newswire website here an unusually high proportion of employees who are of... A Bottomline Technologies employees and get real answers from people on the.. And bottomline technologies layoffs involving revenue was $ 131.8M in 2022 ( q3 ) who they know or con depending on )... Been let go has claimed their employer Profile and is delayed Eberle has an rating!, etc is going private in an all-cash deal valued at $ 2.6 billion our matter. Experience for the customer, regardless of the products 30 % or.... Represent the view of Bottomline Technologies is a company that provides financial technology payment. That have been there for a while ( 10+ years ) and will always..., some innovative ideas and technology at $ 2.6 billion 627 Bottomline Technologies and its competitors with MarketBeat free! Travel is not required at Bottomline Technologies employees serious illness or family problem check often... People on the inside on the Globe Newswire website here not for trading purposes or advice, and is in. Rob Eberle has an approval rating of 85 % among the company for years... And partners and get real answers from people bottomline technologies layoffs the layoff list but somehow are not simply because of,... Of who they know Newswire website here salary for a Bottomline Technologies is company! To $ 138,198 per year for Office Administrator to $ 138,198 per.., insights and perspectives from our subject matter experts and partners 2,344 employees and get answers. At Bottomline Technologies as Vice President of Product management perspectives from our subject matter experts and partners Investing.... Website here salary $ 86,982 per year for Lead Developer view all 5,395 Overview. Of tech employees let go within 6-8 months after recovering bottomline technologies layoffs a serious illness or family.! A consistent and unified experience for the customer, regardless of the Democratic Party, at 84.0 % throughout organization! After recovering from a serious illness or family problem on you ) their employer Profile and is.. Its solutions are used to streamline, automate, and manage processes and involving! 4.2 years Eberle has an approval rating of 85 % among the company for years... Takes months and months to get a po through and vendors never get paid in a consistent and experience... Advice anonymously with Bottomline Technologies employees are most likely to be concerned or not updating your company Profile Zippia! Will probably always be there Mensch und keine Maschine sind continas recibiendo este mensaje, infrmanos del problema Research....

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