The U.S. based organization has selected ReadSoft's
SAP®-certified invoice automation solution to streamline
its accounts payable operations and enable greater
processing efficiencies across the enterprise. The order is
worth 320,000 USD and was signed during the fourth quarter
of 2011.
Suffering with decentralized invoice processing across four
locations, this public utility company aimed to simplify
its invoice process by eliminating large paper invoice
volumes and poor processing visibility and control. The
organization sought an invoice automation solution with
seamless integration into its SAP Enterprise Resource
Planning System, with additional support for scanning
alternate and additional document types.
Recognizing ReadSoft's strong record of
utility references along with its invoice automation
solution's flexibility and SAP certification, the
organization deemed ReadSoft a reliable fit to meet its
processing needs.Proven benefits
of the solution were also apparent through quantifiable
returns on investments from ReadSoft North American
customer testimonials and successful end user experiences.
With ReadSoft's solution seamlessly integrated into the
customer's SAP system, the company looks forward to a
more streamlined invoice process with greater visibility
and control.
"Time and again we witness the toll
manual, decentralized invoice processing takes on
organizations' efficiency levels," says Per
Åkerberg, President and CEO of ReadSoft. "We look
forward to partnering with this organization to provide a
more centralized, streamlined invoice process that enables
greater flexibility and cost control."
Within this press release, ReadSoft's
customer in the transaction or co-operation is not
mentioned by name. This is due to the fact that they have
requested to remain anonymous. This information is such
that ReadSoft AB (publ) is to publish in accordance with
the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for
publication on January 11, 2012 at 15:00 CET.
For additional information, please
contact
ReadSoft
AB
Johan Holmqvist, Vice President, Corporate
Communications
Phone: 46 708 37 66 77
Email: johan.holmqvist@readsoft.com
About ReadSoft
ReadSoft is a leading global provider of software
solutions for Document Process Automation. ReadSoft's
software enables companies to automate document processes
such asaccounts
payable
processing,document
capture,
document sorting,
andorder to
cash. ReadSoft is by far the
world'snumber one choice forautomated
invoice processing, especially into
business systems fromSAP
andOracle
. Since the start in 1991, ReadSoft has grown to a
worldwide group with operations in 16 countries on five
continents and a network of local and global partners. The
head office is located in Helsingborg, Sweden, and the
ReadSoft share is traded on the NASDAQ
OMX Stockholm'sSmall Cap list.
For more information about ReadSoft, please
visitwww.readsoft.com
.