ReadSoft signs 400,000 Euro agreement with leading global distributor


This leading international high service distributor of electrical,
electronic and industrial supplies selected ReadSoft to automate and
streamline the processing of over 1.4 million sales orders and
750,000 invoices per annum across its operations in the UK, Germany,
France and Italy.

With SAP as its business system backbone, reliability and continuity
of supplies is vital to this customer, which provides same-day
dispatch of over 135,000 products and online access to over 100,000
additional products."The investment this company has made in SAP is significant, so it
was an important strategic decision to select an automated sales
order processing and invoicing solution that integrated with SAP,"
said Jan Andersson, CEO at ReadSoft. "By choosing our solution they
will experience easier, faster and more cost-efficient processing of
orders and invoices."

With a reputation for being the world leader in invoice processing
the ReadSoft DOCUMENTS for Invoices software has now been expanded to
handle automated sales order processing as well as invoices. The
solution automatically verifies information about vendors, sales
orders, goods received etc and integrates fully with SAP. At the
ultimate level of automation, each sales order and invoice can be
automatically interpreted, verified, validated, and posted direct to
SAP.


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

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 16 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 the company at www.readsoft.com

Attachments

The release in pdf