ReadSoft selected by National Semiconductor to achieve best-in-class SAP accounts payable processes

"We needed to improve our current AP processes by adapting a  strong,
automated, workflow-driven solution that would integrate with our SAP
financial systems. So, a  year and a half  ago, we began  researching
other companies'  best-in-class  financial  processes,"  said  Robert
Ashe, Assistant Corporate Controller  of National Semiconductor.  "We
wanted to decrease our cost per invoice and improve our invoice input
cycle times and workflows."

National evaluated several vendors' products to help it achieve these
goals.  Selection  considerations  included  return  on   investment,
product functionality, vendor stability,  and the solution's  ability
to integrate with National's SAP system. According to Ashe,  ReadSoft
separated  itself  from  the  competition  with  its  SAP  knowledge,
experience and worldwide presence.

After the first implementation  at National's corporate  headquarters
in Silicon Valley in  the United States,  the company will  implement
the technology  at  its offices  in  the United  Kingdom,  China  and
Malaysia as well as other worldwide locations."ReadSoft's SAP solution specialists are in great demand as companies
like  National  Semiconductor  understand  the  value  of   achieving
best-in-class  accounts  payable  operations,"  said  Jan  Andersson,
President and CEO of  ReadSoft.  "We  are excited to  play a part  in
assisting  this  Fortune  1000  company  in  strengthening  their  AP
efficiency, cycle time, control and visibility."



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