World-leading transport company invests 180,000 EUR in ReadSoft's invoice automation solutions


One of the world's leading transport companies has selected ReadSoft as their
supplier of choice for invoice automation. The solution involves the processing
of over half a million invoices annually.

With a business system from SAP in place, this world-leading transport company
already had good support for many of their business processes, but their
accounts payable routines were still cumbersome and manual. ReadSoft's automated
invoice handling solution for SAP was therefore a logical investment. The deal
was made in the U.K. and the implementation will be carried out through a
ReadSoft specialist partner.

ReadSoft's solution will enable the company to automatically digitize incoming
invoices, match the information against data in SAP to make sure it is correct,
and approve the invoices in an electronic workflow. This will make accounts
payable routines faster and less labor-intensive. The solution also includes
extensive monitoring capabilities giving the company better control of their
invoice flow.

"Multinational companies are one of our focus areas, and our solutions are well
suited for handling the extensive requirements of such organizations," comments
Jan Andersson, CEO at ReadSoft. "Invoice processing in SAP is an area where we
are very strong and this order is yet another proof of that. We are certain that
this customer will get solid business value and substantially improved accounts
payable processes in the years to come."





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/>.



[HUG#1391742]


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