bottomline technologies layoffs

Bottomline Technologies Part of Thoma Bravo Engaged Employer Overview 627 Reviews 42 Jobs 511 Salaries 104 Interviews 194 Benefits 22 Photos 194 Diversity + Add a Review Bottomline Technologies Reviews Updated Feb 16, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 586 of over 627 Sort Popular Popular COVID-19 Related Have you worked at Bottomline Technologies? Bottomline Technologies Software Development Portsmouth, NH 145,282 followers We make complex business payments simple, smart, and secure. 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. -. and you get support in your role from your team colleagues. Working collaboratively with customers, partners and each other, we achieve a common goal of exceeding customer expectations. . Employees at ServiceNow earn more than most of the competition, with an average yearly salary of $118,812. Visit website. College-hire's are paid (as entry level employees) more than many who have been with the company for years. and more to know if Bottomline Technologies is the right company for you. 326 E 8th St #105, Sioux Falls, SD 57103 Using a database of 30 million profiles, Zippia estimates demographics and statistics for Bottomline Technologies. It felt like a corporate sweatshop. When I asked for time off, I was told that work should be prioritized before the time off. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. 2.5 for Salary & Benefits Flexible work hours, Contracts, security, compliance and regulation around banking make changes go very slow. Interviewing for a security assurance analyst position with Twilio and some of the stuff Ive been reading makes me nervous. Bottomline Technologies corporate office is located in 325 Corporate Dr, Portsmouth, New Hampshire, 03801, United States and has 2,658 employees. Company is trying to do the right thing every step of the way There are some new technologies being adopted. job seekers every month in choosing their right fit company. An avid learner and competent data engineer having 3+ years in data warehousing involved in process of migrating data residing in on premise system to cloud. Our daily ratings and market update email newsletter. 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 My team went without a manager for ages and then cycled through multiple managers, none of whom stuck. This rating reflects the overall rating of Bottomline Technologies and is not affected by filters. jdoe@bottomline.com), which is being used by 89.9% of Bottomline Technologies work email addresses. Our business model and plan are designed to grow the business and its value for years and decades to come. 24: Talking FedNow . Securely communicate, reconcile and manage financial transactions across your global financial supply chain. Bottomline Technologies's mission statement is "To help low income, first generation students get into college, graduate from college, and go far in life. Whether youre a people success advisor, software developer or sales professional, everything you do connects back to the customer, helping them grow their businesses and win in their markets. Frustrated customers, stressed out employees (many of which are actively seeking other employment). Bottomline Technologies helps businesses pay and get paid. American Consumer News, LLC dba MarketBeat 2010-2023. For every individual in this organization, everything we do is focused on customer delight. . The average employee at Bottomline Technologies makes $86,982 per year. The future for Bottomline is bright, and I am honored to have the opportunity to lead the talented team that has built the Company into an industry leader. Thoma Bravo Completes Acquisition of Bottomline, Imply Announces $100M Investment Led by Thoma Bravo to Drive the Market Shift to Modern Analytics Applications, IAC's Vivian Health Announces $60 Million Investment Led by Thoma Bravo. Promotions are spotty at best for many and promises are often broken. om ons te informeren over dit probleem. Rob Eberle has an approval rating of 85% among the company's employees. Sort By. If some of these things are taken care. Get short term trading ideas from the MarketBeat Idea Engine. Do not join this Company as their is zero job security. Does Bottomline Technologies have any subsidiaries? Further, it provides consulting, implementation, and training services. Sick days and vacation days are very generous. Obsessed with removing complexity and allowing people to simply Pay and Get Paid. We knew how to move quickly in an ever-changing market. Salary Profiles . Leveraging the firm's deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. . 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. Cannot move up. Decent office locations. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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 . Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Read detailed reviews by employees of Bottomline Technologies on AmbitionBox. It operates through four segments: Cloud Solutions, Banking Solutions, Payments and Documents, and Other. At the close of Thursday's. It informs all we do from bringing product innovation to customers before they ask for it (or think of it) to making sure every interaction exceeds their expectations. How many employees does Bottomline Technologies have? The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. What is Rob Eberle's approval rating as Bottomline Technologies' CEO? They are not authored by Glassdoor. Si continas viendo este mensaje, Bottomline Technologies had a negative trailing twelve-month return on equity of 5.79% and a negative net margin of 7.18%. Wir entschuldigen uns fr die Umstnde. Read reviews on salaries, working hours, work culture, office environment, para nos informar sobre o problema. BHD., Bottomline Technologies Sarl, Box & Automation Solutions ME S.A.L., CJJ Investments Limited, CLS Research Pty Ltd., CapitalCloud India Private Limited, Chatham Street LP, Chatham Street Technologies Limited, Corporate Drive Holdings SRL, Create!form International, Create!form International LLC, DS Solutions (China) Co Ltd, Decillion Group, Direct Debit Limited, Flashpoint, Fleet Street (US) Corp., Formscape Group, HMSL Group, IntellinX, LAS Holdings LLC, LAS Services LLC, Litco Systems, NetTransact, Optio Software, Optio Software LLC, PT. Help other job seekers by rating Bottomline Technologies. Strong Subscription Revenue Growth Highlights First QuarterPORTSMOUTH, N.H., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq: EPAY), a leading provider of financial technology . envie um e-mail para Craig Saks has over 20 years of leadership experience leading enterprise, mission critical software and processing businesses across the fintech and payment industries. Because a person may become disabled at any time, we ask all of . That's standard -- there's usually a slight discount on buyout targets to account for the possibility that the deal will fall through, and the opportunity cost of having money tied up in the stock until the acquisition closes -- which, in this case, is expected to happen in 2022's second quarter. Average Bottomline Technologies Salary $86,982 yearly $41.82 hourly Updated November 18, 2022 No HR policy. They hire too many VP's and not enough hands-on managers to assist the people actually doing all of the work. Which Dollar Store, If Any, is Worth Your Investment Dollars? PORTSMOUTH, N.H. Bottomline Technologies (Nasdaq: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction that values Bottomline at Every interaction makes an impression. Have to work long days and nights. Onze However, Work Satisfaction is rated the lowest at 3.3 and can be improved. Bottomline Technologies's peak revenue was $471.4M in 2021. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. No work/life balance to speak of. Looking ahead, the Board and I are confident in Craigs ability to lead the Company forward in partnership with Thoma Bravo., We have tracked Bottomlines growth and success for over a decade and are excited to partner with Craig and the talented management team at Bottomline to continue building on the Companys position as a clear leader in the large and growing B2B payments automation market, said Holden Spaht, a Managing Partner at Thoma Bravo. "We have been executing against our strategy of establishing competitive advantage with a product set designed to transform business payments for companies and financial institutions around the world.". Ci jane.doe@bottomline.com) and [first_initial]- [last] (ex. Offer a simple way for your organisation to replace spreadsheets with automation, develop more timely cash visibility and secure greater payments control without the complexity of a TMS implementation. Some lines of business are very interesting (e.g. per informarci del problema. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail verdade. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. How were Bottomline Technologies' earnings last quarter? Bottomline Technologies has great , https://www.fiercehealthcare.com/health-tech/carbon-health-cuts-8-staff-citing-concerns-about-its-bottom-line, Layoffs , alongside a number of non-personnel-related reductions in operating expenses, Health tech companies cutting staff this year included Mfine, . Saks, previously named President, Bottomline, succeeds Rob Eberle, who is stepping down from his role as Chief Executive Officer. Average salary for Bottomline Technologies Graduate Technology Consultant in Weeley, England: [salary]. Full stop. Eberle will remain with Bottomline in a strategic advisory role through the end of the Companys current fiscal year to ensure a smooth transition. 1% employees reported other strict timings, HQ - Portsmouth, New Hampshire, United States (USA). 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. It is very risky to join this organization.. Very good CEO 92% of employees reported the working days at Bottomline Technologies as Monday to Friday. soon as possible. Market-leading digital banking and payments platform to engage intelligently with customers, and acquire, deepen and grow profitable relationships. 39% of Bottomline Technologies employees are women, while 61% are men. https://www.glassdoor.com/Reviews/Employee-Review-Bottomline-Technologies-RVW11561941.htm, Aug 14, 2016 Annual (sometimes semi-annual) layoffs , as MANY have stated, are a serious problem. Thoma Bravo is one of the largest private equity firms in the world, with more than $103 billion in assets under management as of December 31, 2021. San Francisco, CA 94111 +1 (415) 263-3660. Bonuses don't get funded b/c of missed (outrageous) revenue targets based on impossible promises to huge customers. - legacy products and customers using them are left to wither and die. I loved the fast paced, entrepreneurial environment. People who have been in the same position for 3-5 years are seemingly let go to make room for younger folks straight out of college who are paid less then the folks before them. Find Bottomline Technologies Salaries by Job Title. All forward-looking statements in this communication are based on information available to Bottomline as of the date of this communication, and Bottomline does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law. So far in 2023, there have been 550 layoffs at tech companies with 154,910 people impacted ( 2,626 people per day). Morale is awful all around and management consistently fails to see where the fault lies when things don't go as planned. Our success is a testament to the Bottomline team, whose hard work and dedication have made our achievements possible. The systems are not great, though they are in the process of changing them which is lead by a great team and unbelievable CFO, so by 2017 they should be better. (Strict Timings), Bottomline Technologies Reviews based on similar designations, High deduction from salary in the name of taxes and benefits, Work policy: New Hampshire College . Bottomline Technologies Thoma Bravo Chief Executive Officer Layoffs discussions. rights reserved 2023 Info Edge (India) Ltd. You are reading trusted reviews. Expect to put in a lot of overtime to get anything done. *Average returns of all recommendations since inception. 85 Lakh Because of this I wanted to ask this question to my male counterparts. Trademarks belong to their respective owners. Revenue: $100 to $500 million (USD) Competitors: Unknown. Dec 7, 2019 Extremely Stessfull couples with fear of layoffs Discover more reviews about Bottomline Technologies . Bottomline Technologies annual revenue for 2021 was $471.4M, a 6.6% growth from 2020.