ReadSoft to help engineering technology giant save costs in 310,000 EUR invoice processing project

ReadSoft Germany has reached an agreement with a large plant construction and
mechanical engineering company to provide an invoice processing solution in an
agreement worth 310,000 EUR including licenses, implementation, maintenance and
support and an archiving solution from a ReadSoft partner. The deal was signed
in the third quarter of 2012.
The company, which operates worldwide, will use ReadSoft’s PROCESS DIRECTOR for
Accounts Payable solution to streamline their invoice processing. They have
opted for further functionality with add-ons to process EDI invoices, MOBILE
APPROVAL – for invoice approval via mobile phones, and COLLECTOR to automate
document input from email attachments.
ReadSoft was the company’s preferred option to automate invoice processing due
to its superior seamless integration into the SAP system. By automating its
invoice processing seamlessly within SAP, the company looks forward to reduced
invoice processing times, improved visibility and control over invoices, as well
as maximized time and cost savings with mobile capabilities.
“We are delighted that our solutions continue to stand out as the leading option
for SAP customers. It is also exciting to see this company choosing ReadSoft to
maximize their time and cost reductions by selecting the MOBILE APPROVAL and
COLLECTOR add-ons,” says Per Åkerberg, President and CEO of ReadSoft. “We are
confident that we can help this company to achieve new levels of efficiency in
their invoice processing operations.”
Within this press release, ReadSoft’s customer in the transaction or co
-operation is not mentioned by name. This is due to the fact that they have
requested to remain anonymous. This is information of the type that ReadSoft AB
(publ) is obligated to disclose in accordance with the Swedish Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on September 5, 2012 at 13:30 CET.
For additional information, please contact
ReadSoft
AB

Johan Holmqvist, Vice President, Corporate Communications
Phone: 46 708 37 66 77
Email: johan.holmqvist@readsoft.com
About ReadSoft
ReadSoft is a leading global provider of software solutions for Document Process
Automation. ReadSoft’s software enables companies to automate document processes
such as accounts payable processing (http://www.readsoft.com/purchase-to
-pay.aspx), document capture (http://www.readsoft.com/enterprise-capture.aspx),
document sorting (http://www.readsoft.com/software-products/document
-capture.aspx), and order to cash (http://www.readsoft.com/order-to-cash.aspx).
ReadSoft is by far the world’s number one choice for automated invoice
processing (http://www.readsoft.com/software-products.aspx), especially into
business systems from SAP (http://www.readsoft.com/default/sap-solutions) and
Oracle (http://www.readsoft.com/default/oracle-solutions). Since the start in
1991, ReadSoft has grown to a worldwide group with operations in 17 countries on
six 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 Stockholm's Small Cap list. For more information about ReadSoft, please
visit www.readsoft.com.