German governmental financial authority chooses XBOUND from ReadSoft in 635,000 EUR deal

ReadSoft Germany has reached an agreement with a regional governmental financial
authority that invests in XBOUND. The deal is worth 635,000 EUR and was signed
in the third quarter of 2013 and includes licenses, maintenance, support and
hardware.
The customer, which employs more than 2000 people, has purchased ReadSoft’s
XBOUND Scan Client and also hardware (IBML-Scanners) for a mailroom solution.
The authority had identified inefficiencies with their manual processes for
classification, sorting, and checks of allowances for health insurance. The
solution chosen to make savings and increase efficiency was ReadSoft’s solution,
which could digitize and automate their processes.
In the evaluation process the customer found ReadSoft’s expertise in high-volume
processing, the targeted solution for private insurance document processing and
also the specialized modules to tailor the solution and insure interfaces to
peripheral systems, decisive in choosing ReadSoft as the preferred vendor.
“We are delighted that our expertise with high volume document processing has
helped us reach this agreement. It shows again why governments and many large
and multinational organizations find ReadSoft and our solutions very important
in their success by saving them time and money with processes. We look forward
to helping them improve their operations and reach new successes,” says Per
Åkerberg, President and CEO of ReadSoft.
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 9, 2013 at 10.00 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 (http://www.readsoft.com/solutions/document-processing) in the cloud
 (http://www.readsoft.com/solutions/document-processing/capture-in-the-cloud)or
on premise. ReadSoft is by far the world’s number one choice for invoice
processing automation (http://www.readsoft.com/solutions/document
-processing/invoice-processing), especially into business systems from
SAP (http://www.readsoft.com/solutions/automation-for-sap) and
Oracle (http://www.readsoft.com/solutions/automation-for-oracle). ReadSoft’s
software enables companies to automate document processes such as accounts
payable processing (http://www.readsoft.com/solutions/by-department/accounts
-payable), and mailroom automation (http://www.readsoft.com/solutions/document
-processing/mailroom-automation). 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