ReadSoft North America has reached an agreement with a global manufacturing
company in the healthcare sector. ReadSoft will provide its SAP®-certified
invoice automation solution PROCESS DIRECTOR in a deal worth 1.1 MUSD. The deal
was signed in the fourth quarter of 2012.
The customer sought an automation solution with seamless integration into its
SAP Enterprise Resource Planning System to streamline its accounts payable
operations across its shared service centers located in Europe, Asia and the
United States. As the company aimed to standardize its global accounts payable
operation, it recognized ReadSoft’s unparalleled track record of hundreds of
implementations within SAP environments and selected the leading solution
provider to spearhead its global invoice processing initiative. By automating
its invoice processing seamlessly within SAP, the company looks forward to
reduced invoice processing cycle times and improved visibility and control over
invoices.
“This company chose ReadSoft as they recognized the need to automate processing
for faster, leaner, and more cost-effective operations,” says Per Åkerberg,
President and CEO of ReadSoft. “We look forward to playing an important role in
the success of this significant international company by helping them save time
and money with processes in their SAP ERP system.”
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 January 4, 2013 at 11:45 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.