ReadSoft's PROCESSIT 4.2 Achieves Oracle Validated Integration with Oracle E-Business Suite Release 12.1


ReadSoft's PROCESSIT 4.2 Achieves Oracle Validated Integration with
Oracle E-Business Suite Release 12.1

ReadSoft, a global provider of software solutions for business document
automation, today announced it has achieved Oracle Validated Integration
of PROCESSIT 4.2 with the Oracle E-Business Suite Release 12.1 through
the Oracle PartnerNetwork (OPN) program. As an Oracle PartnerNetwork
Platinum Partner, ReadSoft has maintained a strong commitment to Oracle,
and to its customers, by providing essential business document
automation, and integration with the Oracle E-Business Suite Release
12.1 to streamline manual and time-consuming  processes to greatly
improve operating efficiencies.

ReadSoft's solutions extend investments in the Oracle E-Business Suite
applications such as Oracle Accounts Payable, Oracle Purchasing, and
General Ledger by automating invoice processing tasks such as inbound
document scanning, automated data entry and validation of business rules
included in the Oracle E-Business Suite applications, General Ledger
account coding, image management, invoice to purchase order and receipt
matching, non-purchase order invoice processing, workflow task
management, and tight real-time integration to streamline payment
processing.

The integration of ReadSoft's PROCESSIT invoice document automation with
the Oracle E-Business Suite Release 12.1 utilizes Oracle's SOA Suite and
has been validated through the Oracle Validated Integration program. By
achieving Oracle Validated Integration, Oracle E-Business Suite
customers can be confident that ReadSoft's PROCESSIT solution has been
tested as functionally and technically sound, is integrated in a
reliably and standards-based manner, and that the integration operates
and performs as documented.

“ReadSoft's PROCESSIT integration with the Oracle E-Business Suite
provides tremendous value in increased automation and accounts payable
productivity to our mutual customers through improved business document
information capture and processing,” says Rowland Archer, President,
ReadSoft Lab - Oracle Solutions. “Furthermore, the Oracle Validated
Integration program helps ensures a complementary solution within their
Oracle E-Business Suite environment through a virtually seamless
deployment.”

“ReadSoft is extremely proud to have achieved Oracle Validated
Integration for PROCESSIT 4.2,” says Jan Andersson, CEO and co-founder
of ReadSoft. “This achievement further demonstrates our continued
commitment to strengthening our customer's Oracle E-Business Suite
investment by delivering reliable solutions that extend the value of
their investment and gives them the opportunity to experience what we
like to refer to as the ReadSoft effect.”

“The Oracle E-Business Suite Release 12.1 offers a broad range of new
features designed to accelerate business performance, increase user
productivity, improve employee effectiveness and lower costs,” said
Kevin O'Brien, senior director, ISV and SaaS Strategy, Oracle. “The
Oracle Validated Integration of ReadSoft to the Oracle E-Business Suite
validates that the products work together as designed. This can help
reduce risk, improve system implementation cycles, and provide for
smoother upgrades and simpler maintenance for joint customers."

 

About the Oracle Validated Integration Process
Oracle Validated Integration through the Oracle PartnerNetwork gives
customers confidence that integrations between Oracle Applications and
complementary partner solutions have been validated and the products
work together as designed. This can help reduce risk, improve system
implementation cycles, and provide for smoother upgrades and simpler
maintenance. Oracle Validated Integration applies a rigorous technical
process to review the integrations of third-party software to Oracle
Applications products, including productized repeatable integrations
from system integrators. Oracle provides access to Oracle Applications
software, tools, technical resources and training to assist partners in
developing integrations based on Oracle standards and best practices.
Partners who have successfully validated their integrations are
authorized to use the “Oracle Validated Integration” logo. For more
information, please visit Oracle.com at
http://www.oracle.com/us/partnerships/solutions/index.html (http://www.o
racle.com/us/partnerships/solutions/index.html). (http://www.oracle.com/
partnerships/isv/integration/search.html) 

About the Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of
Oracle's partner program that provides partners with tools to better
develop, sell and implement Oracle solutions. OPN Specialized offers
resources to train and support specialized knowledge of Oracle products
and solutions and has evolved to recognize Oracle's growing product
portfolio, partner base and business opportunity. Key to the latest
enhancements to OPN is the ability for partners to differentiate through
Specializations. Specializations are achieved through competency
development, business results, expertise and proven success. To find out
more visit
http://www.oracle.com/partners (http://www.oracle.com/partners). (http:/
/oraclepartnernetwork.oracle.com/)  

Oracle and Java are registered trademarks of Oracle and/or its
affiliates.

 

For additional information, please contact: 

ReadSoft
AB                                                                      
                                  
Jan Andersson, President and CEO                                       
Phone: +46 708 37 66 00
Johan Holmqvist, Vice President, Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com (johan.holmqvist@readsoft.com)
                                  

ReadSoft Lab - Oracle Solutions
Rowland Archer, President ReadSoft Lab - Oracle Solutions
Phone: + 1 919 349 1741
Email: rowland.archer@readsoft.com (rowland.archer@readsoft.com)

Attachments

09032120.pdf