ReadSoft introduces new software for accounts payable reporting

ReadSoft now releases a new, ground-breaking piece of software called
REPORTER. The software gives users immediate access to statistics and
reports regarding their invoice processing."We have great expectations for this new technology," says Peter
Hörwing, Senior Vice President of Sales & Marketing at ReadSoft. "Our
customers already save a lot of time and money by using our software
and now they can get exact and immediate reports on their efficiency
gains. The software adds value to all customers wanting to optimize
their accounts payable processes."

REPORTER is an add-on to ReadSoft's INVOICES product which is the
world's most widely used software for data capture from invoices. By
using REPORTER, ReadSoft's customers will be able to view trends in
their invoice processing, see how long it takes to process invoices
from certain suppliers, find out where bottlenecks are, and much
more. These reports and statistics will enable users to pinpoint the
strengths and weaknesses in the accounts payable department and
improve their invoice processing substantially.

The software uses a technique called "associative data mining" which
means that everything is available instantly. Users can get reports
on anything they like simply by clicking on a specific year, user,
supplier etc. Everything is available immediately.

The software is powered by QlikView technology, and enables users to
reach reports by simply clicking around. This makes REPORTER unique
on the market. Pilot customers are already up and running in Sweden
and France and the response has been very positive. Now, this
technology is being rolled out to the rest of the world.

More about REPORTER on www.readsoft.com



For additional information, contact:
ReadSoft AB
Peter Hörwing, SVP Sales & Marketing
Phone: +46 733 - 37 86 70
Jonna Opitz, Vice President, Corporate Communications
Phone: +46 733 - 37 86 68
jonna.opitz@readsoft.com

About ReadSoft
ReadSoft is a leading global provider of software solutions for
Document Automation. ReadSoft's software enables companies to
automate document processes such as data entry, classification, ERP
matching, workflows, e-invoicing etc. The results are faster and less
expensive document processing, and increased control. ReadSoft is by
far the world's number one choice for invoice automation solutions.
Specialized solution labs for SAP, Oracle, Microsoft and Capture
processes ensure cutting edge solutions with great customer value.
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 Nordic
Exchange Small Cap list. For more information about ReadSoft, please
visit www.readsoft.com.