STOCKHOLM, Sweden, Oct. 7, 2003 (PRIMEZONE) -- ReadSoft has closed a deal with one of Europe's largest cement producers, Ciments Calcia in France. Calcia has chosen ReadSoft to facilitate electronic processing of supplier invoices, closely integrated with Calcia's SAP R/3(R) Business System. ReadSoft's INVOICES technology will be installed at the customer's financial department to cut costs in the processing of 200,000 invoices annually.
With 10 plants, 11 distribution centers, eight sales agencies, 1,500 employees and an annual production of one third of the volumes produced on the French market, Ciments Calcia leads the French cement industry.
Seeking new ways to maximize profit, Calcia decided to begin electronic processing of supplier invoices. After comparative tests and careful selection, Ciments Calcia chose ReadSoft's INVOICES software and its certified integration module for the SAP R/3(R) Business System. ReadSoft's patented INVOICES technology will process 200,000 invoices received from 30,000 suppliers annually. The solution ensures the digitalization of the whole life cycle of invoices' processing, including approval and archiving. Closely integrated with Calcia's SAP business system, the software will reduce manual handling of invoices to a minimum, thus offering substantial savings in time and money. In collaboration with ReadSoft's partner, Plaut Consulting, expert developer in SAP environments, ReadSoft presents a complete solution with workflow and archive applications.
"Once more we are excited about yet another 'door opener' into a multinational enterprise. This installation is actually one of our largest in France and will serve as a strong reference for additional sales into this large group of companies. Our proven integration with SAP is an important key to this deal, and our list of INVOICES users in the SAP sphere is growing at an exciting speed," says Jan Andersson, Managing Director of ReadSoft.
Ciments Calcia is the French subsidiary of the Italcementi Group, a world leader in cement production. The group serves a global market and has locations in Belgium, Bulgaria, Canada, Egypt, Spain, the United States, France, Greece, Italy, India, Kazakhstan, Morocco, Puerto Rico, Thailand and Turkey.
What is INVOICES?
INVOICES software is designed to recognize unstructured invoice documents and capture data such as sender, invoice number and invoice amount from anywhere on the invoice. At the same time, the software checks the data against information in the customer's business system.
For more information, please contact ReadSoft AB Jan Andersson, MD ReadSoft Phone: +46-(0)708 - 37 66 00 Olof Engvall, Head of Information Phone: +46-(0)708 - 37 66 70 E-mail: olof.engvall@readsoft.com
ReadSoft, is the world's leading supplier of software for document automation and associated information processing. The company develops and markets a broad range of products based on our own products FORMS, INVOICES and EZ-OUT, and supplementary systems developed for them. Since its founding in 1991, ReadSoft has developed into a global group with 11 subsidiaries in Europe, North and South America and Australia, and a large number of local and global partners. ReadSoft is headquartered in Helsingborg, Sweden, and its primary R&D facility is in Stockholm. ReadSoft has been listed on the Stockholm stock exchange, since 1999.
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