ReadSoft's solution worth $400,000 USD will automate accounts payable processes in several countries

A world-leading technology company selected ReadSoft's SAP-certified invoice
automation solution valued at $400,000 USD to initially process tens of
thousands of paper and electronic invoices in several countries. ReadSoft, with
a long track record of such global implementations within SAP environments, has
been chosen because of its leading market position.



The U.S.-based organization is one of the leading providers of advanced energy
technology innovation and services in the world. The company wanted to
streamline and automate its accounts payable (AP) processes across numerous
complex SAP landscapes implemented in multiple countries. The objectives are to
standardize its current AP processing and eliminate inefficient AP processes
which are heavily paper-based and time-consuming.



The company recognizes that ReadSoft is the only vendor with a primary focus on
invoice automation that has a long track record of successful similar
implementations, involving multiple countries and SAP environments. Moreover,
ReadSoft has the experience and capability to perform such a complex
implementation within a short timeframe. These, along with ReadSoft's tight
integration with SAP, were key factors of the company's decision in selecting
ReadSoft.



"ReadSoft, once again, is selected as the trusted provider of invoice automation
solutions within the SAP space," comments Jan Andersson, CEO at ReadSoft. "This
global implementation is indeed complex, but ReadSoft was chosen due to our
knowledge and experience in supporting worldwide implementations. We are
confident that by working closely with the company we will achieve the set AP
objectives."





For additional information, please contact



ReadSoft
AB

Jan Andersson, CEO

Phone: +46 708 37 66 00

Johan Holmqvist, Vice President, Corporate Communications

Phone: +46 708 37 66 77

Email: johan.holmqvist@readsoft.com <mailto:johan.holmqvist@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. 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
<http://www.readsoft.com/>.

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