Anglian Water partners Bottomline for digital transformation

Anglian Water is partnering with Bottomline to automate business payments and cash management processes as part of its global digital transformation programme.

The addition of Bottomline’s financial technology and payments solutions will help to simplify the payments journey, including Direct Debits, for more than six million customers of Anglian Water’s water and water recycling services.

Anglian Water also processes a significant amount in payroll transactions and supplier payments. The utilities provider selected Bottomline to propel their digital transformation strategy for their treasury department, working to improve efficiencies, gain greater cash visibility and reduce costs.

Bottomline’s payments and cash management solution is a centralised, standardised and secure platform which processes any payment type, monitoring transactions, bank balances and cash and liquidity information in real-time.

Using aggregated data from numerous gateways, automated flows and tightly managed controls, treasurers and head of payments personnel across the globe have better visibility of their cash position and can better manage their multi-bank relationships.

Jane Pilcher, group treasurer at Anglian Water Group, said: “Achieving real-time cash reporting across disparate internal systems and multiple e-banking platforms can be a challenge for many treasury teams in large corporates.

"Often the lack of connectivity between these systems results in time-consuming data extraction and compilation from several sources.”

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