International chemical company invests €544,000 in solutions from ReadSoft


This French customer, who wishes to remain anonymous at this time, is
the partner of major players in the automotive, tire, electronics,
perfume, health and beauty, and home care markets. The group employs
around 16,000 people in the US, Europe, Asia and South America, and
generated sales of €4.8 billion in 2006.

With the goal of making their accounts payable processes more
efficient, this leading company decided to invest in ReadSoft's
solution together with the rollout of a SAP system. Maintaining a
leading position requires the implementation of the latest
technologies on the market, which is why they also started searching
for solutions to automate their invoice processing. Manually
processing invoices and other related documents was consuming too
much time and too many resources. They found that ReadSoft's solution
offers significant business value, allowing customers to make better
use of their employees, ensuring higher-quality information and
improving security.

The new, entirely automated, work process will be put into production
during the second quarter of 2008. If things go according to plan,
the solution will expand to cover the rest of the group as well."Our solution is perfectly suited to SAP's enterprise system and
satisfies the strict requirements of multinational companies when it
comes to handling invoices and payment," says ReadSoft CEO Jan
Andersson. "We are very happy that this customer, as well as many
other major French companies, has chosen the ReadSoft solution. I'm
certain this will make them even more efficient."



ReadSoft DOCUMENTS for Invoices
More than ten years of experience with electronic invoice processing
has produced the most powerful, and by far the most popular (2,000
clients), system on the market. ReadSoft DOCUMENTS for Invoices is a
highly profitable investment for just about any business. Fully
implemented, electronic invoice processing lowers costs by 25-50%.
Meanwhile, the invoicing process speeds up and employees can devote
more time to tasks that take advantage of their individual skills.
ReadSoft DOCUMENTS for Invoices captures, reads and classifies all
incoming formats, whether paper or electronic. The solution, which is
customised for simple linkage to leading international enterprise
systems, is certified for both SAP and Oracle.

For additional information, contact

ReadSoft
AB
Jan Andersson, CEO, ReadSoft

Phone: +46 708 - 37 66 00
Jonna Opitz, Vice President, Corporate
Communications
Phone: +46 733 - 37 86 68
jonna.opitz@readsoft.com

ReadSoft is a world-leading supplier of software for document
automation. The company develops and markets a complete software
platform for document automation under the name of ReadSoft
DOCUMENTS. The vision is to release businesses around the world from
handling documents manually. Since starting in 1991, ReadSoft has
grown to a worldwide Group with offices in 15 countries in Europe,
North America, South America and Australia, as well as a large number
of local and global partners. The head office is in Helsingborg,
Sweden, which - along with Stockholm - also houses the Group's main
research and development unit. The ReadSoft share is traded on the
Nordic Stock Exchange Small Cap list.
Find out more about ReadSoft at www.readsoft.com

Attachments

The release in pdf